VIVAnews - Banking shares are still recommended for accumulation in the stock floor today, July 9.
According to Muhammad Alfatih, analyst of PT Samuel Sekuritas Indonesia, the initial public offering of Bank Jabar, Banten, yesterday, is likely to be responded positively by investors.
"In addition, the stable benchmark rate of Bank Indonesia (BI Rate) offers positive sentiment in the sector," he told VIVAnews in Jakarta.
esearch analyst of PT Panin Sekuritas Tbk, Purwoko Sartono, viewed that the positive result gained by banking sector in the Indonesia Stock Exchange (IDX) yesterday was in line with the confident sentiment from the IPO of Bank Jabar of Banten.
"Therefore, the shares of Bank Rakyat Indonesia and Bank Tabungan Negara should be accumulated," he said.
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Translated by: Bonardo Maulana W
