VIVAnews - The buy-recommendation this week is aimed at mining shares as the increase in world's crude oil and commodities' prices will lure investors to acquire stocks.
"Market players will certainly take the buy option," PT Paramitra Alfa Sekuritas Director Ukie Jaya Mahendra told VIVAnews in Jakarta on Monday, March 8.
He acknowledged that the main reason of the share purchase is the rise in crude oil prices in the global market, which has exceeded US$81.5 per barrel.
Ukie suggested that the share purchase targets PT International Nickel Indonesia Tbk (INCO), PT Aneka Tambang Tbk (ANTM), PT Bumi Resources Tbk (BUMI), and PT Adaro Energy Tbk (ADRO).
Robin Setiawan, a securities analyst in Jakarta agreed with the option because he believed the prices of mining commodities (especially coal) are quite high.
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Translated by: Bonardo Maulana W
