Sep 15, 2011

Stock recommendations today

Dow Jones Industrial Average rose 1.3%, to 11,246.73. The Standard & Poor's 500-stock index gained 1.4%, to 1,188.68. The Dow has now posted 3 straight days of gains. How about Indonesia stock market? Three brokerages provide their view for today as quoted by Bisnis Indonesia today:

e-Trading Securities:
Jakarta Composite Index (JCI) is estimated to move within the range of 3,733-3,835. The index may face further correction today. Several stocks to watch: CMNP, HRUM, and BDMN.

Minna Padi Investama:
The JCI is estimated to increase with support level of 3,757 today. Several stocks to monitor: BBRI, BMRI, and JSMR. Yesterday, the index was in a panic sell-off as rupiah depreciation against the US dollar. 

Sinarmas Sekuritas:
The index may fluctuate within the range of 3,750-3,830 today. Several stocks to watch: HMSP, BDMN, CMNP, and ACES.
Disclosure: No position at the stock mentioned above.
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