Oct 21, 2011

Stock recommendations today

Stocks rose Thursday, zigzagging from losses to gains throughout the session after a series of conflicting headlines on European sovereign debt. 
The Dow Jones Industrial Average, as quoted by WSJ.com, finished up 37.16 points, or 0.3%, to 11,541.78, while the Standard & Poor's 500-stock index added 5.51, or 0.5%, to 1,215.39. The Nasdaq Composite fell 5.42 points, or 0.2%, to 2598.62.
The blue-chip Dow's choppy intraday trading mirrored the measure's indirection over the past two weeks. The average has changed direction in each of the past 10 sessions, the longest streak of swings since the 11 sessions that ended May 19, 2009. How about Indonesia stock market today? Bisnis Indonesia reported stock recommendations from three brokerages:

e-Trading Securities:
Today, Jakarta Composite Index (JCI) may engulf correction. It is estimated to move within the range of 3,579-3,688. Several stocks to watch: JSMR, CFIN, and ROTI.

Minna Padi Investama:
Be careful on further correction at the end of this week. The index may test a support level at 3,591. Stocks to watch: JSMR, TLKM, and AMAG.

Sinarmas Sekuritas:
The index technically may continue its loses today and move within the range of 3,580-3,660 today. Several stocks to monitor: JSMR, PGAS, ROTI, and BBKP.

Disclosure: No position at the stock mentioned above.

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