Dear readers, over at Jakarta stock exchange, we have close to half of the Jakarta Composite Index (JCI) LQ45 stocks that are oversold.
These oversold LQ45 stocks (as at 27 March 2020) are:
1) Astra Agro Lestari (AALI)
2) Astra International (ASII)
3) Bank Mandiri (BMRI)
4) Bank Negara Indonesia (BBNI)
5) Bank Tabungan Negara (BBTN)
6) Barito Pacific (BRTP)
7) Bumi Serpong Damai (BSDE)
8) Global Mediacom (BMTR)
9) Jasa Marga (JSMR)
10) Lippo Karawaci (LPKR)
11) Matahari Department Store (LPPF)
12) Media Nusantara Citra (MNCN)
13) Pakuwon Jati(PWON)
14) Perusahaan Gas Negara (PGAS)
15) PT PP (Persero) (PTPP)
16) PP Properti (PPRO)
17) Summarecon Agung (SMRA)
18) Surya Citra Media(SCMA)
19) Waskita Karya (WSKT)
20) Wijaya Karya (WIKA)
My thinking is that stocks markets in general are still on the decline. IMF has already said the world has entered into a global financial recession.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
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