Asian stocks swung between gains and losses, with the regional benchmark index headed for its first weekly loss in 3 weeks, after U.S. President Barack Obama last night unveiled a jobs plan and the Federal Reserve chairman failed to outline extra measures to shore up economic growth.
MSCI Asia Pacific Index rose 0.1% to 122.17 at 10:13 a.m. in Tokyo after earlier falling as much as 0.5%. How about Jakarta Composite Index (JCI) today? Here are stock recommendations provided by Bisnis Indonesia today:
The JCI is estimated to swing within the range of 3,954-4,034 with several stocks to watch: ICBP and ASGR.
Minna Padi Investama:
The index may move with the resistance level at 4,022. Several stocks to watch: INDF, BMTR, and TLKM.
The JCI technically may move within the range of 3,958-4,025 today. Several stocks to watch are BMRI, ICBP, UNTR, and BUMI.
Disclosure: No position at the stock mentioned above.
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