Feb 8, 2012

Stock recommendations today

The markets shed early losses and closed in the green as traders grew more hopeful Greece may be able to reach a deal with international creditors and stave off a potentially damaging default.
The Dow Jones Industrial Average rose 33.1 points, or 0.26%, to 12878, the S&P 500 gained 2.7 points, or 0.2%, to 1347 and the Nasdaq Composite climbed 2.1 points, or 0.07%, to 2904. 
With very little in the way of economic news on the day, traders were focused on developments in Greece and a smattering of corporate news.
How about Indonesia stock market today? Bisnis Indonesia provides recommendations:

e-Trading Securities:
Jakarta Composite Index (JCI) may move and tend to lower within the range of 3,909-3,992. Several stocks to watch: BMRI, BBNI, and INDY.
Panin Sekuritas:
Pressure on the JCI may abate, while the index is estimated to be mixed within the range of support-resistance level of 3,934-3,977.

Sinarmas Sekuritas:
Technically, the JCI today may decrease within the range of 3,900-3,985. Several stocks for day trading: AKRA, MYOR, ADRO, and BSDE.

Minna Padi Investama:
Today, the JCI may volatile with a resistance level at 3,994. Buy on weakness is open for blue chips. Several stocks to watch: ASII, BMRI, and PTBA.

Disclosure: No position at the stock mentioned above.

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