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Jakarta (Benchmark News) – Waterfront Securities Indonesia predicts the composite stock price index in trading today, Thursday(17/2/2016) moves in the range of 5,158-5,231.
“Composite stock price index in trading yesterday estimated potentially experiencing mixed,” said Marbun Octavianus, analyst PT Waterfront Securities Indonesia in his research received today, Thursday (17/11/1999).
Raised on the stock index of Wall Street trading on Wednesday or Thursday morning GMT closed mix, as a rally in technology sector stocks amid the financial sector stocks correction.
The Dow Jones index and index S&P 500 closed weakened due to the correction in the stocks of the technology sector. While the Nasdaq Composite rose due to the rally in the shares of the technology sector.
“Investors still await a campaign promise how much Trump that will be realized, as well as the anticipated increase in the rate of inflation and rising interest rates,” said Octavianus.
Trump promises to lower taxes and improve infrastructure spending, he said, potentially pushing the U.S. economy to grow faster.
But Trump plans to revisit trade agreements and put on the import tariffs, he added, is expected to be detrimental to the U.S. economy.
The U.S. dollar was rising against the other debt. Meanwhile October’s PPI data is stagnant, lower than the previous month and growing 0.3% estimate.
Crude oil prices weakened, due to u.s. oil reserves data increase.
Waterfront Securities Indonesia recommends the following shares on trading today:
BBCA
Strong support level seen diharga 14500, able to withstand a downturn further BBCA. Yesterday the BBCA closed 14725 are strengthened. The Sell recommendation on Strength if it cannot penetrate the resistant level at 14900
TLKM
Strong support level seen diharga 3920 can withstand the decline in stocks further TLKM. In yesterday’s trading TLKM closed strengthened at 4000 level. The Sell recommendation on Strength if it cannot pass the price of 4040
ASII
In trading yesterday, stocks had weakened ASII but closed higher at 7825. 7700 support level yesterday strong enough withstand the correction ASII. The Sell recommendation on Strength if it cannot penetrate the resistant level are 7950
AKRA
In trading yesterday, the stock closed higher at ACRA 6850. 6600 support level yesterday strong enough withstand the correction of ACRA. The Sell recommendation on Strength if it cannot penetrate the resistant level are 6925
BBRI
Strong support level seen diharga 11200, able to withstand a downturn further BBRI. Yesterday the BBRI closed strengthened at a price of 11500. The Sell recommendation on Strength if it cannot penetrate the resistant level at 11650
BBNI
In trading yesterday, stocks had weakened BBNI but closed higher at 5100. The Sell recommendation on Strength if it cannot penetrate the resistant level at 5225. The next level 5300 resistant.
PTPP
Looks strong on support at the level of the 4100, yesterday the shares closed at level strengthened PTPP 4150. The Sell recommendation On Strength if it does not successfully pass resistant at the price of 420…(Red)
