Oct 25, 2011

Stock recommendations today

Stocks rose Monday, pushing the Nasdaq Composite into positive territory for the year and the Standard & Poor's 500-stock index to the cusp of it.
The Dow Jones Industrial Average, as quoted by WSJ.com, advanced 104.83 points, or 0.9%, to 11,913.62 yesterday, led by Caterpillar, which jumped 5% after posting a strong earnings report that helped set the session's positive tone. 
The action built on a four-week winning streak that has been the blue-chip index's longest weekly string of gains since January. The Standard & Poor's 500-stock index added 15.94 points, or 1.3%, to 1,254.19, finishing 0.3% below break-even for 2011. The Nasdaq Composite surged 61.98 points, or 2.3%, to 2,699.44, pushing up the technology-heavy index up 1.8% for the year. How about Indonesia stock market today? Here are stock recommendations as quoted by Bisnis Indonesia today.

e-Trading Securities:
Jakarta Composite Index (JCI) today may continue its gain within the range of 3,622-3,751. Yesterday, the JCI rose 2,38% yesterday to 3,706.78. 

Reliance Securities:
Today, the JCI is estimated to continue its gain with a short term target of 3,722. The movement will provide a push for the index to rise.

Disclosure: No position at the stock mentioned above.

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