Sep 28, 2011

Stock recommendations today

Dow Jones Industrial Average rose 1.33% to 11,190.69, after surging as much as 325 points. The gains came a day after the blue-chip index climbed 272 points.
Standard & Poor's 500-stock index gained 12.43 points, or 1.07%, to 1175.38. Each of the 10 sectors in the index finished in positive territory. The technology-oriented Nasdaq Composite closed up 30.14 points, or 1.2%, to 2546.83.
Stocks, as reported by Wall Street Journal, pared gains in the final trading hour after the Financial Times reported a split has developed in the euro zone over the terms of Greece's second bailout package. 
As many as seven of the bloc's 17 members are arguing for private creditors to swallow a bigger writedown on their Greek bond holdings, the FT said, citing senior European officials.
How about Indonesia market today? Here are stock recommendations provided by Bisnis Indonesia:

Panin Sekuritas:
Jakarta Composite Index (JCI) rebounded yesterday, following positive sentiments of debt crisis in European countries. The JCI today may volatile and move within the range of support and resistance level at 3,390-3,501.

Minna Padi Investama:
The JCI ended to 3,473.94, gained 4.76% yesterday. The index today may consolidate with a support level of 3,448. Be ware on the profit taking after the steep rebound yesterday.

Disclosure: No position at the stock mentioned above.

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