Nov 14, 2011

Stock recommendations today

The improvement in the US economy indicators as well as the step down of Greek Prime Minister George Papandreu are expected to bring positive sentiments to Jakarta Composite Index (JCI) this week.
Managing Research Reza Priyambada at Indosurya Securities, as quoted by Bisnis Indonesia today, said Greek and Italy have shown their intention to fix their government structural. "I expect those factors could bring positive sentiments to the JCI," he said. How about Indonesia stock market today?

e-Trading Securities:
The JCI today may fluctuate within the range of 3,729-3,829. Several stocks to watch: HRUM, MPPA, and SMGR.

Sinarmas Sekuritas:
Today, the index is estimated to abate within the range of 3,750-3,810. The JCI movement will be affected by the voting result at Italy senate in a bid to determine saving budget, which is in line with its program to cut debt. Several stocks to watch: MYOR, ASRI, BWPT, and ISAT.

Disclosure: No position at the stock mentioned above.

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