Today technically, Jakarta Composite Index will tend to fall to 4,077-4,168. Data on Indonesian economy has given sentiment to the index. Here is stock recommendation provided by Bisnis.com today:
It suggests investors to closely monitor shares like TLKM, CPIN, GJTL, and AUTO. Market news from around the world would give bad sentiment to the index. European clue-chip stocks sank to two-year low and Wall Street stocks lost 2% on economic fears.
"World stocks sink amid global sell-off, while bonds soar," wrote Wahyu Tribowo Laksono, Head of Research of PT Real Time Futures, in a review early this morning.
He also noted Swiss stocks entered bear market after the longest decline since 1994. Brazilian stocks posted world's biggest drop led by commodity producers on the fall of oil price.
Disclosure: No position at the stock mentioned above.
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