U.S. stocks inched up for a third straight day as an upbeat durable goods report set a positive tone while investors await Federal Reserve Chairman Ben Bernanke's highly anticipated speech later this week.
The Dow Jones Industrial Average gained 143.95 points, or 1.29%, to 11,320.71. How about Jakarta Composite Index today (JCI)? Here are stock recommendations provided by Bisnis Indonesia today:
Minna Padi Investama:
The JCI may move within the range of 3,761-3,891 today. The market is awaiting for the result of Federal Reserve's meeting to heal the US economy. Stocks to watch: BBRI, ASII, and PTBA.
The index is estimated to move with the closest support level of 3,822. The JCI may move in the range of 3,798-3,883 with stocks to monitor: BSDE and ELTY.
The JCI may swing with downtrend possibility in the range of 3,823-3,889. Stocks to watch: PTBA, HEXA, BSDE, and CMNP.
Disclosure: No position at the stock mentioned above.
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