Monday, August 18, 2014

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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