BOND MARKET: Recommendations (8/18/2014)

Bisnis.com, JAKARTA – The transaction volume for government bonds fell 25.59% to Rp 3.75 trillion (US$320 million) at the end of last week.

A number of bonds are recommended for trade (sale) on Monday (8/18/2014).

Based upon Danareksa Securities Debt Research that Bisnis received today, there are three government bond series that are listed as sell recommendations and one series as a hold recommendation.

The following is a list of government bond recommendations from Danareksa Securities:

Series FR0069

Recommendation: Hold

“Prices are a little higher, trading volume is quite heavy, the upward trend continues to strengthen, selling pressure has abated, and the CCI is down.”

Series FR0070

Recommendation: Sell

“Prices are a little lower, trading volume is moderate, the upward trend has weakened, pressure to sell has decreased, and the CCI has declined.”

Series FR0071

Recommendation: Sell

“Prices are lower, trading volume is moderate, the upward trend continues to weaken, pressure to sell has decreased, and the CCI has declined.”

Series FR0068
Recommendation: Sell

“Prices are lower, trading volume is heavy, the downward trend continues to strengthen, pressure to sell has decreased, and the CCI has weakened.”

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IDX Composite Index: Beware of the Short-Term Investment; Nine Stock Picks

Bisnis.com, JAKARTA – Asjaya Indosurya Securities estimates that the composite stock price index in trading today, Tuesday (8/5/2014), is in the range of 5,060-5,165.

Asjaya Indosurya Securities researcher William Surya Wijaya has suggested that, if the IDX Composite Index is not yet able to reach the resistance level of 5,465, the consolidation phase remains unchanged.

Support has been expressed for it staying at the 5,060 level today. For the medium-term timeframe, the IDX Composite Index is still on track for an uptrend.

William is optimistic that there is still wide-open potential to break the all-time high of 5,251; it is just a matter of time.

“But we still must be vigilant about investing in the short-term timeframe,” William said in his research.

Asjaya Indosurya Securities suggests nine stocks for consideration in today’s trading, those being the following: ASII, TBIG, AKRA, ADRO, LSIP, PGAS, PNBS, BBNI, BBCA.

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