Jakarta Composite Index, a main benchmark that measure all stock prices at Indonesia Stock Exchange, today is estimated to gain today, following rebound 1.09% yesterday on the back of positive sentiment from China economic growth. Here are stock recommendations provided by Bisnis Indonesia daily today:
The index may swing with uptrend position within the range of 3,964-4,010 today. Stocks to be monitored: JPFA, CPIN, ADMG, and GGRM. The JCI yesterday rebounded after spreading of positive sentiment from China economic growth, spooring major stock indexes at regional markets.
The JCI today may move within the range of 4,005-3,936 in limited uptrend position. MYOR, UNTR, and JPFA could be monitored. The index yesterday inched up 1.09% to 3,980.85 with total transaction of Rp4 trillion.
The index technically may be volatile within the range of 3,952-4,000. Stocks to watch: GGRM, KRAS, CPIN, and ASRI.
Disclosure: No position at the stock mentioned above.
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