Aug 19, 2011

Stock recommendations today

Amid global economy recession, the Dow Jones Industrial Average ended down 419.63 points, or 3.7%, to 10,990.58. The Standard & Poor's 500-stock index dropped 53.24 points, or 4.5%, to 1,140.65, while the Nasdaq Composite lost 131.05 points, or 5.2%, to 2,380.43.
At the opening this morning, Nikkei-225 index fell 1.9% to 8,771.70, extending Thursday's fall to a 5-month closing low for the key market index. How about Indonesia market today? Here are stock recommendations provided by Bisnis Indonesia today:

Sinarmas Sekuritas:
Technically, Jakarta Composite Index may swing with uptrend possibility in the range of 3,977-4,045 today. Stocks to watch: UNTR, PGAS, BBRI, and SMGR.
Minna Padi Investama:
The JCI may experience correction today with the support level at 3,961. Profit taking may arise after the index rose for consecutive days. Stocks to watch: AKRA, PGAS, and PTBA.
e-Trading Securities:
The index today may move within the range of 3,964-4,050 with downtrend possibility. Stocks to monitor: MYOR, TLKM, and PGAS.

Disclosure: No position at the stock mentioned above. 

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