Jul 26, 2011

Stock recommendation today

Jakarta Composite Index (JCI) may swing today with downtrend possibility within the range of 4,059-4,105. Several stocks to watch: TRST, AKRA, BSDE, and BBTN. Here are stock recommendations provided by Bisnis Indonesia daily.
Panin Sekuritas:
Despite downtrend possibility, investors are suggested to accumulate on weakness, anticipating the announcement of the first half result. Several stocks to monitor: TRST, AKRA, ASRI, and INTP.
The index yesterday abated as profit taking actions arouse on blue chips. Global investors sold their portfolios on the back of negative sentiment on Greek's rating downgrade.

e-Trading Securities:
The JCI today may move in the range of 4,046-4,109. Stocks to watch: BSDE, BBTN, and AKRA. Yesterday the index retreated 0.48% to 4,087.09, following sentiment negative from the US market.

Disclosure: No position at the stock mentioned above.

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