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Tuesday, January 25, 2011

BNP Paribas Recommendation Buy ASII and AALI

BNP Paribas's Jakarta-based analyst Elvira Tjandrawinata recommended investor to buy PT Astra International (ASII) and PT Astra Agro Lestari (AALI).

Elvira saying they are among those where “value is starting to emerge.” 
PT Astra International (ASII), Indonesia’s largest automotive retailer, gained 5.1 percent to 49,200 rupiah and PT Astra Agro Lestari (AALI), its palm oil unit, rallied 7.5 percent to 22,850 rupiah, ending a seven-day loss. 


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