Jumat, 06 Februari 2009

Dow Jones Newswires Indonesia Shares Likely Up; 1350 Resistance

[Dow Jones] Indonesia shares likely higher, helpj by steady IDR, gains in most Asian Markets after Stocks in U.S. end higher. Main Index likely in 1320-1350 band vs Thursday's close at 1328.075, +0.6%; indes still down 2.0% since start of 2009. "I think buying in commodity-related stocks on higher oil prices may continue to drive the main index higher," says trader; expects foreign funds to dominate buying. Coal miner Bumi (BUMI.JK) may gain after UOB Kay Hian initiates coverage with Buy Rating, while heavywaeight Telkom (TLKM.JK) may rise after ADRs in NY +4.2% (EDH)

Tidak ada komentar:

Posting Komentar