Sep 8, 2011

Stock recommendations today

Dow Jones Industrial Average this morning ended 275.56 points higher, or 2.5%, to 11414.86, led by bank stocks. Several local brokerages estimate Jakarta Composite Index (JCI) may continue further increase after 3 day consecutive gains. Here are stock recommendations provided by Bisnis Indonesia today: 

Reliance Securities:
The JCI may continue further gain today if it breaks 4,003 with the next target of 4,102. Support level is at 3,935. Several stocks to watch: ANTM, PGAS, BORN, ADRO, BMRI, and BUMI. 

e-Trading Securities:
The JCI is predicted to inch up today and move within the range of 3,960-4,067. Stocks to monitor: GJTL, PGAS, and BMRI.

Sinarmas Sekuritas:
The JCI technically may move in the range of 3,927-4,039 today. Stocks to watch: TLKM, BBRI, CPIN, and GJTL.

Minna Padi Investama:
The index s predicted to increase today and stay above 4,000. Stocks to watch: PTBA, BMRI, and JSMR.

Disclosure: No position at the stock mentioned above.

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