Dec 6, 2011

Stock recommendations today

The markets ended solidly to the upside, although well off of session highs, as traders grappled with media reports that Standard & Poor's warned several euro zone countries that they might get downgraded in the next three months. 
The Dow Jones Industrial Average, as quoted by foxbusiness.com, rose 78.4 points, or 0.65%, to 12,098, the S&P 500 gained 12.8 points, or 1%, to 1,257 and the Nasdaq Composite jumped 28.4 points, or 1.1%, to 2,656.  How about Indonesia stock market today? Bisnis Indonesia provides stock recommendations today:
 
e-Trading Securities:
Jakarta Composite Index (JCI) is estimated to move within the range of 3,729-3,833 with several stocks to watch: UNVR, JSMR, and PTPP.
Minna Padi Investama:
The JCI today may move sideways with resistance level of 3,822. Second line stocks are expected to dominate the market. Several stocks to watch: ADRO, BMRI, and HRUM.

Sinarmas Sekuritas:
Technically, the index may further gain within the range of 3,750-3,825. Several stocks for day trading: SMGR, INTP, SMCN, and BBRI.

Disclosure: No position at the stock mentioned above.  

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1 comment:

Coal said...

The use of sophisticated software systems for coal mining that is mostly burnt for power generation and steel production and adds to the greenhouse effect is valid for western countries who may allocate resources and funds to alternative and more greener sources of power. Some of the alternatives may be "safer" than the traditional mines. Unfortunately, coal statistics show developing economies are more likely to increase their use of thermal coal & metallurgical coal in coming years because of its affordability and to meet increasing demands for electricity and steel. Whether they will embrace and utilise sophisticated software systems that no doubt add to the cost of production is yet to be seen. Cherry of www.coalportal.com