Oct 7, 2011

Stock recommendations today

Dow Jones Industrial Average finished up 183.38 points, or 1.7%, to 11,123.33 on Thursday, closing near session highs. The blue-chip index has gained 468.03 points, or 4.4%, during its winning streak, marking the biggest 3-day point and percentage gain since Aug. 24. It is up 1.9% this week and has risen in seven out of the past 10 trading days.
The Standard & Poor's 500-stock index, as quoted by Wall Street rose 20.94 points, or 1.8%, to 1,164.97. The technology-oriented Nasdaq Composite jumped 46.31 points, or 1.9%, to 2,506.82. What about Indonesia market today?

Panin Sekuritas:
Jakarta Composite Index (JCI) may move within the range of 3,360-3,479. The index gain was mainly contributed by the lowered tension of debt crisis in European countries and positively sign of US economic indicators.

Sinarmas Sekuritas:
The JCI may record further gains and move within the range of 3,400-3,490. Several stocks to watch: ASII, BMRI, BBRI, and INDF.
Minna Padi Investama:
The JCI is estimated to continue its gain, anticipating the positive report of the third quarter result. Several stocks to monitor: BBRI, KLBF, and LSIP.

Disclosure: No position at the stock mentioned above.

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