Monday, September 12, 2011

::Debt crisis of Europe, Asian Stock Collapsing>>

Go Finance Reporting in TOKYO - Asian stock markets fell sharply in early trading on worries about Europe's debt problems. Sentiment worsened after Wall Street fell hard enough last weekend.

Japan's Nikkei 225 index fell 2.1 percent to 8550.45, or at their lowest point in the last six months. It is quoted from the AP on Monday (09/12/2011).

Hong Kong's Hang Seng index fell three percent to 19264.68. In Australia, the S & P / ASX 200 lost nearly three percent to 4069.8. In addition, benchmarks in New Zealand and Singapore also retreated.

Currency markets the dollar traded at 77.49 yen, while the euro appreciated USD1, 35 946. Meanwhile, financial markets in South Korea, China, and Taiwan was closed Monday for national holidays. (GoFinance)

::Gold Prices Down Again to USD1.852, 95>>

Go Finance Reporting in SINGAPORE - Gold prices fell again in trading Monday (09/12/2011) at the level of USD1.852, 95 per ounce.

However, this condition can still attract the attention of buyers in the previous session after experiencing the worst trade since last June as a result of the strengthening dollar against the euro and the growing doubts about the ability of Europeans to resolve the debt crisis.

In trading this morning, gold fell $ 4, 21 to USD1.852, 95 per ounce. This price is far below the highest price at last week's trading, which is USD1.920 per ounce.

U.S. Gold GCcv1 fell $ 3, 3 to USD1.856, 2 per ounce. It is quoted by Reuters on Monday (09/12/2011).

Senior officials of World Gold Council (WGC) said demand for gold, which fell in the second quarter of this year, is expected to strengthen in late 2011. This was driven by strong buying jewelry in India and China, as well as the recovery in investment demand. Meanwhile, oil prices down approximately $ 1 this morning as a result of the strengthening dollar. (GoFinance)

::Oil Prices Down Again to USD86/Barel>>

Go Finance Reporting in SINGAPORE - Oil prices fell and at the level of USD86 per barrel Monday in Asia as investor fears about the debt crisis in Europe that undermine confidence in equities and commodities.

As quoted by the Associated Press on Monday (09/12/2011), the benchmark oil for October delivery fell $ 1, 64 to USD85, 60 at noon Singapore time in electronic trading on the New York Mercantile Exchange.

In London, Brent crude for October delivery fell 96 cents to USD111, 81 on the ICE Futures exchange.

As for today, the cash-strapped condition of Greece and the Greek government on Sunday said it would put on property taxes in an effort to meet fiscal targets to maintain an international bailout.

Debt crisis has helped strengthen the U.S. dollar (U.S.) against the euro. A stronger dollar makes commodities like oil more expensive for investors compared to other currencies.

The euro fell to $ 1, 3521 on Mondays than $ 1, 3651 at the end of Friday. Stock market, oil traders seen as a barometer of overall investor sentiment, fell in Asia on Monday.

In other Nymex trading for the contract in October, heating oil fell 2.4 cents to $ 2, 96 per gallon and gasoline futures fell 4.3 cents to $ 2, 73 per gallon. Natural gas for October delivery fell 3.0 cents to $ 3, 89 per 1,000 cubic feet. (GoFinance)

::Rupiah Down Following IHSG>>

Go Finance Reporting in JAKARTA - Negative Composite Stock Price Index (IHSG) and the stock exchange in Asia to negative sentiment for the appreciation of the rupiah. Rupiah weakens on the level recorded Rp8.603 per USD.

Middle exchange rate of Bank Indonesia (BI) on Monday (09/12/2011), recorded at the level Rp8.603 rupiah per USD, down one point compared to the previous trading period that is Rp8.571 per USD. According yahoofinance, the rupiah traded at Rp8.632 per USD with a daily trading range Rp8.570-8.640 per USD.

On the other hand, the euro also appears to weaken against the U.S. dollar (U.S.) to $ 1, 36 per USD with an average daily trading EUR1 0.34 to 1, 36 per EUR, as well as a weaker pound to USD1, 50 per pound with a flat The average daily trading transactions $ 1 0.57 to 1, 58 per GBP.

As is known, IHSG at the close of trading today, recorded dived 102.38 points, or 2.56 percent, to 3896.12. LQ45 shares fell 21.07 points, or three percent to a level of 684.18, while the Jakarta Islamic Index (JII) fell 13.84 points, 2.5 percent, to 538.74.

On the other hand, Asian stocks also dropped sharply, noted the Nikkei 225 fell 201.99 points, or 2.31 ​​percent, to 8535.67, the Straits Times Index fell 71.41 points, or 2.53 percent to as low as 2753.69, while the Hang Seng fell sharply 836.09 points, or 4.21 percent, to 19030.54.

Stocks in Europe Major European Exchange also isolated to a ravine where London's FTSE-down 2:35 percent, Frankfurt's Dax-4.04 percent, and the Paris CAC-3.6 percent. This encouraged the fall of the financial sector particularly stocks of Goldman Sachs cuts price target of major European banks. (GoFinance)

Friday, July 8, 2011

::IHSG Up 4000 Powered Fundamental Right>>

Go Finance Reporting in JAKARTA - The breakdown of Composite Stock Price Index (IHSG) to reach the 4000 level is believed to be backed by good fundamentals. Market participants also welcomed it.

"Be careful that's for sure I will ask all the supervisors and inspectors in the capital markets to see the portfolio. See who sub-sectors or sectors that may be price to earnings or price to book was already a bit too high, to believe that it's all backed up by a fundamental right, "said Finance Minister Agus Martowardojo told reporters when met at the Parliament Building, Senayan, Jakarta, Friday (07/08/2011).

Agus added that the goal itself says that right because he is oriented to protect consumers and the economy of Indonesia. "The orientation is to protect consumers, protect the Indonesian economy," he said.

He was reluctant to comment on the rise that can be said IHSG rapid growth. He said he only wanted to maintain the quality of the IHSG.

"I do not want to comment quickly, I want to keep the quality. It must be quality. I'll say it again. Speech seems to me that there direction (overheating), but not so. It should be precautionary," he said.

As is known, IHSG, Friday (07/08/2011) evening closed soared up to 64.22 points, or 1.6 percent, to 4003.69. LQ45 index 14.39 points, too, sped to 710.90 and the Jakarta Islamic Index (JII) rose 9.68 points to 552.52.

The rise of day trading is characterized by the volume of trade that touched 5.368 billion shares worth Rp 5, 862 trillion. A total of 144 stocks advanced, 77 stocks fell, and 112 stocks unchanged prices. Foreign investors are confident take action to buy with net buying of up to Rp611, 127 billion. (GoFinance)

Wednesday, July 6, 2011

::After Gains, Dow Jones Corrected 12 Pts>>

Go Finance Reporting in NEW YORK - After the rose last week, U.S. stock index (the U.S.) seem lifeless. Nevertheless, the lack of value of transactions indicates the market is still volatile. The Nasdaq managed to close higher, while the Dow Jones and S & P 500 ended down after five days earlier recorded a best position for the last two years.

S & P rose 5.6 percent last week, rebounding from a weakening trend over the last two months. But concerns about economic growth and the potential to harm the U.S. debt in the coming days.

"It is not surprising if the market weakened today. The reason we have passed a sunny week," said Baring Asset Management chief investment Hayes Miller was quoted as saying by Reuters on Wednesday (07/06/2011).

In another prospective, Moody's Investors Service lowered the credit rating Portugal into "junk territory" due to the risk to be borne by the country making it need bailouts before it can return to the capital markets. It makes the debt is still alarming despite eurozone has no resolution for Greece's fiscal crisis.

After the holiday commemorating Independence Day, in late trading Tuesday (07/05/2011) local time, the Dow Jones Industrial Average fell 12.90 points, or 0.10 percent, to 12569.87. Standard & Poor's 500 index fell 1.79 points, or 0.13 percent, to 1337.88. And the Nasdaq Composite Index rose 9.74 points, or 0.35 percent to 2825.77.

Recorded relatively low trading volumes, just as much as 6.04 billion shares traded on the New York Stock Exchange, American Stock Exchange and Nasdaq, below the daily average last year that as many as 8.47 billion shares. (GoFinance)

::Profit Taking Action Trigger weakening IHSG>>

Go Finance Reporting in JAKARTA - Composite Stock Price Index (IHSG) closing stock trading this afternoon carrying more subsidence. Profit taking and trimming rating Portugal suspected as the main trigger.

In addition, external factors such as regional exchanges that move mixed assist IHSG movement. Where IHSG was recorded not too weak inside.

IHSG Wednesday (07/06/2011) afternoon tracked down 15.17 points, or 0.39 percent to 3908.96 position. While the LQ45 index fell 4.31 points to 692.59. And the Jakarta Islamic Index (JII) fell 2.28 points to 539.65.

The value of the transaction until this afternoon recorded Rp3, 20 trillion, with a volume of 3.55 billion shares. As many as 99 stocks advanced, 130 stocks fell, and 88 shares stagnant.

The weakening of the regional exchanges inevitably dragged shares in the domestic sector follow-up eroded or weakened. Where the shares in the plantation sector continued to weaken.

Therefore the stocks that rose in between PT Multi Bredeer Adirama Indonesia Tbk (Mbai) rose Rp1.000 to Rp30.000, PT Mayora Indah Tbk (MYOE) rose Rp800, and PT Japfa Comefeed Tbk (JPFA) rose Rp400 to Rp5 .050.

While stocks fell, among others, PT Astra International Tbk (ASII) down Rp1.200 to Rp65.100, PT Gudang Garam Tbk (GGRM) down Rp800 to Rp40.050, and PT Indo Tambangraya Tbk (ITMG) down Rp350 to Rp44.600. (GoFinance)