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Thursday, December 18, 2008

Continuous stronger IHSG

TEMPO Interactive, Jakarta: Strengthening the combined stock price index in the Stock Exchange of Indonesia is predicted to continue on Tuesday (16/12). One supporter is penguatannya action emiten beautify the investment portfolio towards the end of the year (the window dressings).

"Window dressings will still be ongoing," said Optima Securities analyst Ikhsan Binarto via electronic mail to Tempo, on Tuesday. Another factor is the strengthening of positive sentiment in the decrease of fuel oil, which can slow inflation.

He predicts the index will move today stronger in the range of 1,310 -1,370. Stock options are recommended Holcim Indonesia (SMCB), London Sumatra Indonesia (LSIP), Bakrie Sumatra Plantations (UNSP), Timah (TINS), Bumi Resources (BUMI).

Previously, the closing trading shares on Monday (15/12), the index melejit to the level of 1359.278, or appreciating 96,310 points (7.6 percent) compared to Friday last week. Shares trade on Monday as the record transaction volume of 63,286 times with 2,368 billion units of shares worth Rp 2.3 trillion.

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