Friday, December 31, 2010

::3 Major U.S. Indices Down In The Middle Of The positive 3 Economic Data>>

Go Finance Report - U.S. stock markets closed lower amid three positive economic data. Market participants consider three data is not enough to withstand potential selling pressure towards the close of this year.

Nevertheless, the S & P 500 rose 6.5 percent this month. Thus, this index is in the best performance in December since 1991.

Earlier, three U.S. economic data (USA) positive. Labor market reports, business activity and housing all showed surprising strength.

The U.S. government claims for unemployment benefits last week in the year 2010 was down to its lowest level since July 2008, while the report from the Institute for Supply Management-Chicago show in the U.S. Midwest business activity rose to its highest level since July 1988. Home sales data for the period November 2010 dirilils delayed also increased more than anticipated.

"The figures disclosed are very strong this morning, but people become more careful because this is the end of the year, especially the strengthening of the stock market has experienced quite severe," said chief investment strategist Bruce McCain Key Private Bank, in Cleveland, Ohio as quoted by Reuters.

Worldwide Inc. is engaged in the business of employment agency its share price up 2.1 percent to USD24, 12 after the unemployment data was released. The Dow Jones U.S. business training and employment agencies index rose 0.3 percent.

In trading Thursday (12/30/2010) local time, the Dow Jones industrial fell 15.67 points, or 0.14 percent, to 11569.71. The broader Standard & Poor's 500 index dropped 1.86 points, or 0.15 percent at 1257.92. And the Nasdaq Composite Index fell 3.95 points, or 0.15 percent to 2662.98. (GoFinance)

::December, Germany 1.1% Inflation Listed>>

Go Finance Report - Germany recorded a country's inflation rate jumped higher recorded in December 2010, up to 1.1 percent.

Office of National Statistics central Germany, Destatis noted when compared with 2009, December inflation stood at 0.4 percent or a record low since German reunification in 1990.

Quoted by AFP on Friday (12/31/2010), in December, the state with the largest economy in Europe is recorded inflation of 1.7 percent in the 12-month basis, and exceeding the average analyst forecast of 1.5 percent.

The number is still below the medium-term inflation target of the European Central Bank under the medium but almost close to two percent. Nevertheless, these figures mark a sharp improvement remains.

"German inflation report supports our expectation that the 'flash' euro area HICP (consumer price index) will rise to 2.1 percent from 1.9 percent," said Barclays Capital economist Fabio Fois.

Known, on a monthly basis, the German consumer price index rose 1.0 percent in December. Throughout the year, inflation driven by higher costs for crude oil and other energy products increases, and rising prices of fruits and vegetables.

Meanwhile in the southern German state, Baden-Wuerttemberg, prices increased by 1.9 percent in December, or the biggest increase since October 2008. The result itself is calculated from data provided by six countries representative of Germany and number details will be released on January 14. (GoFinance)

Thursday, December 30, 2010

::3 Major U.S. Indices Compact Stronger>>

Go Finance Report - Optimism market participants will be economic growth in 2011 managed to trigger the three major indexes United States (U.S.) strengthened. In fact, the S & P scoring record highs in the last two years.

S & P rose 6.8 percent this month. Nevertheless, the volume of trade that occurs is still low due to investors awaited the arrival in January to see the development of the next situation.

"I do not want to miss this moment, but I'm also not ready to say the index in the trend to strengthen," said chief investment officer at Harris Private Bank's Jack Ablin, in Chicago, as quoted by Reuters.

"I want to see how the actual market response, when trading volume is growing normally and the many issues and economic data that emerged," he added.

A number of consumer sector stocks posted significant gains appear. Shares of McDonald's Corp. rose to 1.1 percent to $ 77, 27 and Walt Disney Co. rose 0.9 percent to USD37, 69. Both companies are Dow components.

"Market participants expect that the consumption sector is improving, and growing well so already generating profits," said Hennessy Funds portfolio manager Frank Ingarra, in Stamford, Connecticut.

At the close of trading on Wednesday (29/12/2010), the Dow Jones industrial rose 10.52 points, or 0.09 percent to 11586.06. The broader Standard & Poor's 500 index rose 1.34 points, or 0.11 percent to 1259.85. Likewise with the Nasdaq Composite Index rose 4.05 points, or 0.15 percent to 2666.93. (GoFinance)

::Coming Holiday, Rupiah Will Depressed!>>

Go Finance Report - After the rose in trading yesterday, the rupiah weakened due to expected negative sentiment that exists.

"The decline in WTI oil prices could make a slightly negative market sentiment today, including the rupiah,"said analyst Samuel Lana Soelistianingsing Securities Indonesia in his research on Thursday (12/30/2010).

He explained that currently there is no positive sentiment from within the country and the atmosphere of a holiday hit Jakarta, but rising oil prices through the level of USD90 per barrel does make Asian currencies and the stock rose.

"We estimate there is a tendency rupiah weakened slightly to a range of Rp9.010-Rp9.020 per USD," he said.

Previously, the rupiah closed sharply in Rp.9.002 per USD (Bloomberg middle rate) and the IHSG closed up to 3699.22. WTI price increases within a few days earlier seemed restrained, WTI oil prices closed slightly down to USD91, 12 per barrel in trading yesterday.

Meanwhile, according to the prevailing Bank Indonesia (BI) in late trading Wednesday (12/29/2010) close higher to Rp9.014 per USD, compared to the end before the close of trading on the Rp9.032 per USD. And according yahoofinance, the rupiah is on Rp9.002, 5 per USD, with a range of average daily trading 0.5 to 9 .032,5 Rp9.002 per USD. (GoFinance)

::End of the Year, IHSG Start Stronger>>

Go Finance Reporting - Although considered to have been overbought, Composite Stock Price Index (IHSG) is projected to come back strong in late trading in the year 2010.

"On this Thursday which is the last day of trading in 2010 it is predicted that IHSG would still be doing strengthening,"explains Head of Research eTrading Securities Betrand Raynaldi to Legal in Jakarta.

He also explained if the actual stock index is still in strong trends. Plus the song with the effect of window dressings are beginning to show.

"If we see the window dressings that have been run from Tuesday, would still be continuing, the stochastic is still showing an uptrend despite entering overbought territory," he added.

Today, he estimates that IHSG will move within the range of 3660-3750 with the stock that need attention PT Jasa Marga Tbk (JSMR), PT Krakatau Steel Tbk (violent), and PT Bank Mandiri Tbk (GoFinance)

Monday, December 27, 2010

::Winter, Oil Prices Will See Through USD100/Barel>>

Go Finance Reporting - stable world crude oil market does not make oil prices are also stable. Even predicted crude prices could penetrate U.S. $ 100 per barrel level

As cited by Reuters on Monday (12/27/2010), an Iranian OPEC governor Mohammad Ali Khatibi said that the stability of oil markets could drive crude oil prices could reach U.S. $ 100 per barrel. This was caused by the influence of cold weather in several countries to increase demand and the weakening United States dollar (U.S.).

"The cold weather that had never happened in Europe, America and China, then the weak dollar and increased demand for fuel because of the holiday season has raised oil prices to more than USD90," Khatibi said. "The increase in oil can be enhanced by a range of issues" he added.

Oil itself is currently at its highest level in more than two years last weekend which, supported by cold weather around the world, and signals from OPEC that will not catch the rally by raising their production. (GoFinance)

::OPEC Not Add Production, Oil Prices Flat in USD91/Barel>>

Go Finance Report - World oil prices held back at the level of USD91 per barrel in afternoon trade in Asia this time after meeting OPEC ministers agreed not to increase production to cope with rising oil prices lately.

As quoted by the Associated Press (AP), Monday (12/27/2010), crude oil for February delivery fell 17 cents to USD91, 34 per barrel in electronic trading on the New York Mercantile Exchange (Nymex). Last weekend before the Christmas holiday, oil prices closed at USD91, 51 per barrel.

Arab countries joined in the OPEC at a meeting in Cairo over the weekend said it would not increase production until the discussion in June 2011.

Meanwhile, some analysts worry that crude oil prices will be higher since prices began to crawl in the month of September. It was feared would ignite inflation and the weakening global economic growth. Not to mention China's policy of raising its benchmark interest rate loans for the second time in two months in an attempt to reduce inflation pressures.

"High oil prices are one of the contributors to the global crisis. The biggest influence of oil price shocks on the economy will occur approximately three to four quarters after the price hikes," said JBC Energy report.

In other Nymex trading in the contract of January, heating oil was steady at $ 2, 54 per gallon, gasoline futures fell 0.77 cents to $ 2, 43 per gallon and natural gas down 5.3 cents to $ 4, 03 per 1,000 cubic feet. In London, Brent crude rose 32 cents to USD94, 09 per barrel on the ICE Futures exchange. (GoFinance)

::The weakening dollar has, Rupiah Slowly Rising>>

Go Finance Reporting - United States dollar exchange rate (U.S.) seems to have eroded step weakening China raised interest. As a result, the rupiah strengthened, too.

Amount, according to the exchange rate of Bank Indonesia (BI) at the end of trading Monday (27/12/2010), close higher to Rp9.041 per USD, down from last weekend in Rp9.048 per USD. Meanwhile, according yahoofinance, the rupiah is on Rp9.040 per USD with a daily trading range in the 0.5-Rp9 Rp9.027 .040 per USD.

Meanwhile, the U.S. dollar also weakened against the euro seems to 1.3151 per U.S. dollar. Same as the yen strengthened to U82.745 per USD.

Indonesian Securities analyst Samuel Lana Soelistianingsih in China's central bank said his research raised its benchmark interest rate by 25 bps for loans of one year to 5.81 percent, while one-year deposit rate to 2.75 percent.

This increase is the second time since mid-October, in an attempt to restrain the rate of inflation which reached 5.1 percent yoy in November, the highest in 28 months, so that expected inflation in 2010 will exceed 3.3 percent as targeted.

At the same time China's exports reached a record USD153, 3 billion in November due to the recovery of international trade from the global financial crisis. Due to export surplus, China's foreign exchange reserves will be higher and making the yuan undervalued (estimated up to 40 percent).

This rate hike, said Lana is not necessarily to reduce inflation because the increase at the same time China exports spur of capacity utilization resulted in higher production costs increased, including the pressure on wage increases, except for China to reduce production capacity and strengthen the yuan. (GoFinance)

::Transactions Only Rp2, 8 T, JCI Up 13 Points>>

Go Finance Reporting - After starting hesitant step, finally Composite Stock Price Index (CSPI) managed to score 13 points amid lack of trading transactions and negative sentiment in the global market.

CSPI, on Monday (27/12/2010) afternoon closed up 13.74 points, or 0.38 percent to 3625.27. Positive aura was followed by LQ45 index rose 3.48 points to 647.59 and the Jakarta Islamic Index (JII) rose 3.79 points to 521.4.

The value of transactions today still looks sluggish with only scored Rp2, 8 trillion, with transaction volume of 2.8 billion shares. As many as 86 stocks advanced, 130 shares declined, and 82 stocks remained unchanged in price. Today, net foreign buying was observed to penetrate the Rp565, 6 billion.

Not as bright afternoon, the stock began to slightly sloping but Asia is still dominated by the reinforcement. Nikkei 225 index still rose 76.8 points or 0.75 percent, to 10355.99 followed Straits Times index rises 13.49 points, or 0.43 percent to 3157.29. However, Shanghai Composite was down 53.76 points, or 1.9 percent to 2781.4 and the Seoul Composite fell 7.41 points, or 0.37 percent to 2022.19.

Meanwhile, European bourses in early trade tend to move negative despite positive FTSE 100 index was 12.85 points, or 0.21 percent to 6008.92. However, DAX sinkhole 84.27 points, or 1.19 percent, to 6973.77 and the CAC 40 was also down 41.83 points, or 1.07 percent to 3858.59.

Supporting sectors began to move positively with the index was led by the mining sector which rose 34.37 points, plantation sector rose 15.82 points, and the manufacturing sector rose 3.14 points. Meanwhile, the consumption sector is still weak 4.1 points followed by trade sector, which fell 2.6 points and the property sector down 1.14 points.

Stocks that move strengthened (Top gainers) include PT Bayan Resources Tbk (ITMG) rose Rp1.500 to Rp51.850, PT Astra International Tbk (ASII) rose Rp950 to Rp53.500, PT Bayan Resources Tbk (BYAN) rose Rp700 to Rp17.100, and PT Gudang Garam Tbk (GGRM) rose Rp600 to Rp39.000.

Meanwhile, stocks that move down (top lossers) including PT Sarana Tower Nusantara Tbk (TOWR) down 500 to Rp12.500, PT Matahari Putra Prima Tbk (MPPA) down Rp260 to Rp1.570 and PT Unilever Indonesia Tbk (UNVR) down Rp250 to Rp15.750. (GoFinance)

::Session I, JCI Only Up 3 Points>>

Go Finance Reporting - Once opened weaker, Composite Stock Price Index (JCI) again attempted to climb a positive point ahead of trading this afternoon. Positive sentiment regional exchanges that are not affected China's central bank decision to raise interest rates enough to bring a positive response JCI until this afternoon.

CSPI, on Monday (27/12/2010) closed the first session of thin rose 3.47 points, or 0.1 percent, to 3615. LQ45 index was slightly decreased 0.88 points to 643.23 and the Jakarta Islamic Index (JII) is also still down 517.46 points or 0.15 thin.

Asian stocks more excited this afternoon than this morning. Nikkei 225 Index rose 82.18 points back, or 0.8 percent, to 10,361.37, followed by the Straits Times which rose 27.46 points, or 0.87 percent to 3171.26 and the Shanghai Composite also rose 19.75 points, or 0.7 percent to 2854.91.

Until this afternoon, the transaction is still too sluggish with a carrying value of Rp755, 044 billion with a volume of 695.021 million shares. As many as 76 stocks advanced, 118 stocks fell, and 71 stocks remained unchanged in price. However, this afternoon was marred net foreign transactions buying Rp4, 697 billion.

Supporting sectors index is still moving in both directions. The mining sector led the reinforcement up to 39.01 points, followed by the plantation sector rose 8.41 points. While the slowdown still occurs in the consumption sector which fell 14.83 points, and the manufacturing sector fell 2.27 points.

Stocks that move strengthened (Top gainers) including PT Bayan Resources Tbk (BYAN) rose Rp2.100 to Rp18.500, PT Astra International Tbk (ASII) rose Rp600 to Rp53.150, and PT Bayan Resources Tbk (ITMG) rose Rp500 to Rp50.850.

Meanwhile, stocks that move down (top lossers) including PT Gudang Garam Tbk (GGRM) down 500 to Rp37.900, PT Unilever Indonesia Tbk (UNVR) down to 400 to Rp15.600, and PT Indocement Tunggal Prakasa Tbk (INTP) down Rp250 to Rp16.050. (GoFinance)

::Coming to the End of Year Holiday, JCI Tend Wait & See>>

Go Finance Report - Coming to cap the year, the Composite Index (JCI), often shows an unstable movement. In trading before the Christmas holiday last week's Jakarta Composite Index closed down nine points, or 0.25 percent at 3611.53 in the middle position of the trading volume is very minimal.

Coming to the market closing only days away, the trend is expected to continue this weekend. That is because the days before holidays and long weekends that makes investors tend to wait and see, foreign investors were still going to do net sell of Rp110 billion.

"The days before holidays and long weekends that makes investors tend to wait and see,"explained the e-trading to the Legal Securities in Jakarta, Monday (27/12/2010).

At the end of trading last week, before the Christmas holidays, Jakarta Composite Index closed down 9.15 points, or 0.25 percent, to 3611.53. LQ45 index was down 3.63 points to 644.11 and the Jakarta Islamic Index (JII) was also down 1.95 points to 517.61.

With a tendency to wait and see investors trade expected today will be a chance fluctuation in the level of 3500-3600.

"In today's trading stock index are expected to be in the range of 3565-3650," he explained. (GoFinance)

Saturday, December 25, 2010

::The Japanese government Approve Budget $ 1, 1 Trillion for 2011>>

Go Finance Reporting - Japanese government approved the state budget amounted to USD1, 1 trillion, equivalent to 92.40 trillion yen for fiscal year 2011 which will begin in realized on 1 April 2011.

As revealed by Jiji Press as quoted in the AFP on Saturday (25/12/2010), Prime Minister of Japan Naoto Kan said the policy is taken to eliminate the stagnation that surrounds the entire country and revitalize economies.

Yoshiko Noda Japanese Finance Minister also said he agreed to Japan this year's budget. Include funds for the work and programs to maintain the country's economic growth is touted as the Asian giant was sick of this.

And expected growth in 2011 could grow 1.5 percent in 2010, where growth has reached 3.1 percent.

To finance the budget japan will issue bonds amounting to 44.3 trillion yen. The issuance of these bonds will likely exceed the tax revenue as a source of income. (GoFinance)

Thursday, December 23, 2010

::Dow Jones Might Trigger Level USD90/Barel Penetrating Oil Prices>>

Go Finance Report - World oil prices back to record highs in the last two years with almost penetrate the high level USD91 per barrel in afternoon trade in Asia market.

As quoted by the Associated Press (AP), Thursday (23/12/2010), price of crude oil for February delivery rose eight cents to as low as 90.57 per barrel in electronic trading on the New York Mercantile Exchange (Nymex) from the previous position USD90, 48 per barrel.

This increase was also driven by the strengthening industrial average index Dow Jones and S & P 500 rose Wednesday to its highest level since July 2008 after the Commerce Department said that the U.S. economy rose in the second quarter from the previous forecast to 2.6 percent.

"Crude oil prices are very connected with oasar equity and confidence in the global recovery. When the stock rises, then the trust will be more likely to rise and consumption will also increase," said Sanders Capital Advisors report.

In addition, soaring oil prices above USD90 per barrel level is also supported by reports that U.S. crude oil supplies continued to decline to 5.3 million barrels in the week the U.S. Energy Department announced Wednesday. The decrease of supply can also describe an increase in demand due to economic recovery.

In other Nymex trading in the contract of January, heating oil rose 0.6 cents to $ 2, 53 per gallon, gasoline futures rose 0.1 cents to $ 2, 43 per gallon and natural gas fell 0.4 cents to $ 4, 11 per 1,000 feet cubic. Meanwhile, in London, Brent crude rose four cents to USD93, 69 per barrel on the ICE Futures exchange. (GoFinance)

::Greek Parliament Approve Budget trimmed>>

Go Finance Reporting - The Greek Parliament approved the simplification of its budget. This is a step to be taken in order to repair the country's economy because the economy crashing before.

Approximately 3000 members of trade unions and communists held a separate demonstration to reject actions that loan rejection of more than 14 billion euros for next year. it is done to restore the financial balance of Greece.

2011 Budget finally trimmed. Some of the sectors affected by pruning, among others, is bad health sector mismanagement Greece and budget for SOEs.

"I am determined to make all the changes needed in the exciting state of crisis, although it's hard, I'm sure Greece will not be bankrupt. In addition, without assistance from Europe, this country will collapse," said Greek Prime Minister George Papandreou was quoted as saying by AFP, Thursday (12/23/2010).

In addition, Papandreou appealed to all parties to take responsibility for their own and contribute to efforts to save the economy.

Some demonstrators marched on Wednesday local time and filled the streets in the capital city, causing traffic to be solid. This is done to fight wage cuts.

In addition, the mandate of the European Union that Greece continued to receive increased loans from Greece increased from 110 billion euros to 145 billion euros. And Greece agreed that the public deficit will be reduced to 7.6 percent of gross product in 2011. (GoFinance)

::Financial Sector Push Wall Street Stronger>>

Go Finance Reporting - this time it appears the financial sector led the strengthening of the stock index in the United States. In fact, the S & P 500 back scored a record high since the collapse of Lehman Brothers in 2008 because this sector is sustained.

The banking sector, which is the source of the crisis two years ago seemed to support the strengthening of the stock index at the end of this year. As a result, the stock index continued its rally. The KBW Bank Index was up 1.9 percent.

"The financial sector is very unique, because this sector has been performing at lower levels for two consecutive years," said portfolio manager of Federated Clover Lawrence Creatura in Rochester, New York, as quoted by Reuters.

"The financial sector today looks a little more investable than conditions at 18 or 24 months ago. This is because the price is right and risk have also been extracted," he added.

The CBOE Volatility Index are used as indicators of investor concerns on Wall Street fell 6.3 percent to 15.45. This is the lowest close since July 2007.

Shares of Bank of America Corp. climbed 3.1 percent to USD13, 38 and JPMorgan Chase & Co. also rose 2.8 percent to USD42, 16. Stock performance is what gives a boost to the Dow Jones to strengthen.

The issue of merger between the issuer banks also appear to be a positive sentiment. Hancock Holding Co. agreed to purchase Whitney Holding Corp. last week. While Marshall & Ilsley Corp. will likely be taken by the Bank of Montreal.

In late trading Wednesday (22/12/2010), the Dow Jones industrial rose 26.33 points, or 0.23 percent, to 11559.49. The broader Standard & Poor's 500 index rose 4.24 points, or 0.34 percent to 1258.84. as well as the Nasdaq Composite Index edged up 3.87 points, or 0.15 percent to 2671.48 position. (GoFinance)

::Start Rupiah Away from Level Rp9.050>>

Go Finance Reporting - Although still observed weakening, the rupiah was noted to increase trade is better than yesterday which touched Rp9.050 per USD.

Based on the exchange rate of Bank Indonesia (BI), Thursday (12/23/2010), the rupiah stood at Rp9.048 per USD compared to yesterday's trading are recorded at Rp9.050 per USD. While based on the data yahoofinance, the rupiah was in Rp9.042 level, 5 per USD or weakened 1.5 points per day with a range of 0.5-Rp9 Rp.9.037 .043 per USD.

While the U.S. dollar trading against the euro also weakened and are monitored at the level of 1.3096 per USD, or weakened 0.0611 percent. While against the Japanese yen was also sluggish 0.7897 percent to 82.915 per U.S. dollar.

Previously, the rupiah exchange rate is projected to strengthen in the trade will move this time. The positive sentiment rising commodity prices, including crude oil is expected to work the value of the currency of Indonesia.

Meanwhile, the price of WTI crude closed up to USD89, 83 per barrel. Energy commodity prices closed up in line with the extreme winter and anomalies, the decline in U.S. oil reserves. (GoFinance)

::Coming Christmas, Percy JCI sluggish 9 pts>>

Go Finance report - Closing the trade this week ahead of Christmas holidays turned out to make Composite Stock Price Index (CSPI) moves resigned in the red zone. Investors tend to adopt a wait and see response to global negative sentiment so that trade becomes lethargic.

CSPI, on Thursday (23/12/2010) afternoon closed down 9.15 points, or 0.25 percent, to 3611.53. LQ45 index was down 3.63 points to 644.11 and the Jakarta Islamic Index (JII) was also down 1.95 points to 517.61.

Asian stocks tend to move negative this afternoon where the Nikkei 225 fell 24.05 points, or 0.23 percent, to 10,346.48, Hang Seng also went along ambles 142.22 points, or 0.62 percent to 22,902.97 and Strai Times thin down 2.37 points, or 0.08 percent to 3141.94.

Meanwhile, European bourses in early trade observed moving in both directions. The FTSE 100 index positive 5.51 points, or 0.09 percent to 5988.96, DAX rose 4.87 points, or 0.07 percent, to 7072.8. While the CAC 40 just ambles 5.24 points or 0.13 percent, to 3914 , 26.

Transactions today is somewhat sluggish compared to the day is usually where the transaction value only amounted to Rp1, 753 trillion, with a volume of 1.978 billion shares. As many as 81 stocks advanced, 140 stocks fell, and 90 stocks were unchanged. Meanwhile, foreign selling amounted to Rp84, 38 billion.

Support sector index was observed to move two directions in which the plantation sector bounce back 2.33 points thin, the mining sector also rose to 19.73 points and the trade sector rose 1.67 points. However, the consumption sector is still weakened 4.08 points, and the manufacturing sector fell 1.95 points.

Stocks that move strengthened (Top gainers), of which PT Bayan Resources Tbk (BYAN) rose Rp1.500 to Rp16.400, PT Plaza Indonesia Realty Tbk (Plin) rose Rp240 to Rp2.000, and PT Astra International Tbk (ASII ) rose 150 to Rp52.550.

Meanwhile, stocks that move down (top lossers) of which PT Bayan Resources Tbk (ITMG) down Rp1.250 to Rp50.350, PT Bukit Asam Tbk (PTBA) down Rp450 to Rp21.200, and PT Gudang Garam Tbk ( GGRM) down Rp350 to Rp38.400. Asian stocks tend to move negative this afternoon where the Nikkei 225 fell 24.05 points, or 0.23 percent, to 10,346.48, Hang Seng also went along ambles 142.22 points, or 0.62 percent to 22,902.97 and Strai Times thin down 2.37 points, or 0.08 percent to 3141.94.

Meanwhile, European bourses in early trade observed moving in both directions. The FTSE 100 index positive 5.51 points, or 0.09 percent to 5988.96, DAX rose 4.87 points, or 0.07 percent, to 7072.8. While the CAC 40 just ambles 5.24 points or 0.13 percent, to 3914 , 26. (GoFinance)

::"Rupiah It Down, Not Up!">>

Go Finance Report - the recent strengthening of the rupiah against the U.S. dollar capital markets analyst Farial denied Anwar.

"I do not agree if someone said that the rupiah has strengthened, because the dollars actually decreased," he said in a seminar of Indonesian Economic Projections, 2011, at Hotel Atlet Century Park, Senayan, Jakarta, Thursday (23/12/2010).

This expresses the fact Indonesia is the weakening of Asian countries that experienced the greatest currency during the period of seven years (2003-2010). "So if someone said that no war currency that is not true, because all positive values," he added.

Currently, all currencies in Asia have strengthened against the U.S. dollar, but Hong Kong dollars and the dollar weakening even experienced.

Noted, the rupiah itself currently in the position of minus 6.1 percent, while Hong Kong dollars minus 0.3 percent. While the Thai baht rose 31.9 percent, Singapore's dollar rose 30.1 percent, and the Japanese yen gained 29.2 percent.

As for the U.S. dollar itself has strengthened against the euro by 6.9 percent, but minus 10.7 percent of British pounds. (GoFinance)

Wednesday, December 22, 2010

::Trigger IMF Gold Price Jumped into USD1.387/Ouince>>

Go Finance Report - Gold prices rising again due to market concerns over the possibility of downgrading the Euro Zone countries due to debt crisis.

As quoted by Reuters on Wednesday (12/22/2010), price of gold in the spot market increased by $ 2, 14 per ounce to USD1.387, 44. However, this price is still below its highest price USD1.430 printed at the beginning of this month.

While in the futures market, gold prices weakened USD1, 1 to USD1.387, 7 per ounce. Previously, the International Monetary Fund (International Monetary Fund / IMF) has announced the completion of the sale of gold reserves that began last year.

The International Monetary Fund (International Monetary Fund / IMF) announced that it has completed the sale of gold reserves totaling 403.3 tons. Sale of IMF gold has been carried out since the year 2009.

Until late October, the IMF has sold as much as 90 percent of the total, amounting to 403.3 tons of gold. It is also hoisted the rising price of gold. Furthermore, the IMF also announced at that time were trying to sell the remaining gold reserves as much as 33 tons more.

The euro also continued decline on Wednesday as news that mentions the impact of a number of countries ranked users are eroding confidence in the euro single currency, dragged him to record lows on the Swiss franc and Australian dollar. (GoFinance)

::Three Wall Street Index Compact Stronger>>

Go Finance Report - Market shares of the United States (U.S.) moves to strengthen due to the positive sentiment coming from the merger of action and stability of the economy that will strengthen investor optimism the economy next year.

S & P 500 looks close higher to its highest position since before the collapse of Lehman Brothers in September 2008. This index also had a chance to touch 1255.08 points position.

The financial sector led the reinforcement is observed. This sector continued this rally at the end of December in the U.S. financial sector performance moves to improve. KBW Bank Index jumped 1.9 percent.

The fund manager prefers to allocate cash in equity markets from the entrance to the current fixed income instruments.

"We've put our money in these risky instruments. And for some time now we think people will regret holding too much cash and take a position too conservative," said chief investment officer Bob Browne Northern Trust in Chicago, as quoted by Reuters.

Northern Trust, a fund manager who manages assets of USD657 billion, recently reduced their cash allocation and focus its investment on stock-based instruments and fixed income.

"If you take a view as a whole, namely the positive side and negative for short-term and long term, we think you will also transfer your investment into stock-based instruments," said Browne.

Adobe Systems Inc. stock price jumped to six percent to $ 30, 93 after providing an estimate is optimistic about its performance. While coal mining company Massey Energy Co. rose after the company announced the potential buyer of its products, Massey stock price rose 1.2 percent to USD52, 45.

At the close of trading on Tuesday (12/21/2010), the Dow Jones industrial rose 55.03 points, or 0.48 percent to 11533.16. The broader Standard & Poor's 500 index rose 7.52 points, or 0.60 percent, to 1254.60. Likewise with the Nasdaq Composite Index rose 18.05 points, or 0.68 percent, to 2667.61. (GoFinance)

::Financial Report Stock Investment So Referrers>>

Go Finance Report - The financial statements reflect healthy or not a company. This is one reference for investors to invest their shares.

"Companies are a lot of debt, not necessarily a bad company," said analyst Indonesia Stock Exchange (IDX) Pardomuan SIH in Jakarta, Wednesday (12/22/2010).

He gave an example, although the snapper of Bakrie group companies have a lot of debt. "But it is a productive debt to a company that provides a deficit," he said.

Nevertheless, he added, the financial statements is not the only reference to the investors to invest their capital in today. "But it is also required analysis of the company's future, "he said.

As for information on such financial statements include the balance sheet (balance sheet), the income (profit loss), changes in capital, and cash flow. (GoFinance)

Tuesday, December 21, 2010

::After Rise Sharply, Gold Prices slopes>>

Go Finance report - The price of gold is almost no change after the previous trading session had climbed up to one percent.

As quoted by Reuters on Tuesday (12/21/2010), sentiment affecting commodities prices today is the problem of the debt crisis of the Euro zone on the Korean peninsula after tensions eased.

The price of gold in the spot market fell 35 cents to USD1.384, 55 per ounce after rising to the position of USD1.388, 05 per ounce. The price of gold is still far below the highest level achieved at the beginning of this month at USD1.430.

Meanwhile, gold prices in the U.S. futures market for the period from February 2011 could hardly move at USD1.385, 2 per ounce.

Stable euro exchange rate observed on Tuesday, after nearly 200 days during the last euro is always moving in amid fears of financial crisis, euro zone and in regional banking.

While North Korea to stop the confrontation by stopping military training. South Korea also reportedly issued a new offer on nuclear inspections, and seen him more cautious attitude of Seoul and Washington. (GoFinance)

::Dow Jones Down, S & P Increases Thin>>

Go Finance report - S & P 500 Index returned a record highs over the last two years due to the attitude of investors optimistic over economy in 2011. But, the Dow Jones even weaker.

The trading volume was also observed low, as predicted would happen at the end of the year. Investors are now just stick with stock from certain sectors and these sectors are leading the sharp rally in December. Among other financial sector, energy and materials.

S & P 500 Index rose to 5.7 percent for this month, while year on year rose 11.8 percent. "We have seen the rally occurred at the end of the year, the index seems to refuse to weaken," said vice president of BB & T Wealth Management Bucky Hellwig in Birmingham, Alabama, as quoted by Reuters.

The combination of economic data, an additional stimulus from the Federal Reserve and the tax holiday is to keep the theta growing market. The financial sector that were previously dropped, now rose 0.4 percent as some investors optimistic that this sector could become one of the sectors that led the next year after December strong.

However, American Express fell 3.4 percent to USD42, 50 after Stifel Nicolaus lowered its recommendation to "hold" from "buy". Boeing Co. who suffered cuts continue to benefit also dropped 2.7 percent to USD63, 27 after the Seattle Times said the delay in delivery could be announced for the 787 Dreamliner aircraft airplane maker.

In late trading on Monday (12/20/2010), the Dow Jones industrial fell 13.78 points, or 0.12 percent to 11478.13. The broader Standard & Poor's 500 index rose 3.17 points, or 0.25 percent, to 1247.08. Likewise with the Nasdaq Composite Index rose 6.59 points, or 0.25 percent, to 2649.56. (GoFinance)

::Euro Zone Trade Deficit Posts 9.8 Billion Euros>>

Go Finance Reporting - European Central Bank revealed when Eurozone balance of payments recorded a worst-case or declined to a deficit of 9.8 billion euros, or equal to 17 billion Singapore dollars.

Balance of payments include financing for exports and imports in trade in goods and services, is an indicator of the economies in the euro zone to pay to the world.

Reporting from the Straits Times, Tuesday (21/12/2010), this condition is very crucial in the long run to grow the confidence of investors and partners in trade. In September, according to revised data from the ECB, Eurozone recorded a deficit of 9.7 billion euros. These data indicate a lack of competition from the 16 countries in the euro zone as a whole.

For your information, Eurozone has recorded a deficit during the past year, disrupted a surplus of 1.6 billion euros in January. At any rate, the rate in September was recorded a deficit of 13.1 billion euros. (GoFinance)

::Likely Stronger Rupiah!>>

Go Finance report - Although thin, the rupiah has a chance to strengthen. Indonesian currency is projected to explore the level of Rp9.030 per USD.

"We expect the rupiah has strengthened slim chance to Rp9.030-Rp9.035 per USD,"said analyst Samuel Lana Soelistianingsih Securities Indonesia in his research in Jakarta, Tuesday (12/21/2010).

He explained that if the WTI oil price increase we still regard as a positive factor in the Asian market are likely to rebound in trading today, including the rupiah. The price of WTI crude oil is still closed up thin to USD88, 81 per barrel.

Earlier, Asian currencies against the dollar again weakened the United States (U.S.), including the rupiah. The rupiah closed at Rp9.048 per USD (Bloomberg middle rate). "The exit of foreign funds from Asia is expected because U.S. economic data further confirmed showing reinforcement," he added.

Meanwhile, according to the prevailing Bank Indonesia (BI) weakened to Rp9.045 per USD, compared with trading over the weekend in Rp9.034 per USD. According yahoofinance, the rupiah was in a position Rp9.046, 5 per USD with a daily trading range in Rp9.035-9061, 5 per USD. (GoFinance)

::Potential Stock Index Stronger>>

Go Finance Reporting - Composite Stock Price Index (CSPI) were considered to have been oversold. Stock indexes also rose because of the potential buying interest seems to arise again.

"With the stochastic in the oversold area, providing opportunities for the growth of buying interest that will be able to maintain the rate of the index,"said Trimegah Securities in the Legal research in Jakarta.

To this day, Trimegah estimate JCI will move in 3531-3594 range, with stock options of PT Astra Agro Lestari Tbk (AALI) and PT Jasa Marga Tbk (JSMR).

While the Securities eTrading CSPI said if strong support in the range of 3529 levels. Proved each time it occurs close to the JCI rebounds.

"With the stochastic indicator which has been in the area and the RSI are oversold Maih shows a bearish stock index in the area so we can make a purchase for the short term," he added.

He estimates that index today was in the range 3529-3627 with stocks that can be considered, such as PT Astra International Tbk (ASII), PT Kalbe Farma Tbk (KLBF), and PT Bakrie & Brothers Tbk (Bakrie).

While U.S. stock indexes closed mixed moves. In late trading on Monday (12/20/2010), the Dow Jones industrial fell 13.78 points, or 0.12 percent to 11478.13. The broader Standard & Poor's 500 index rose 3.17 points, or 0.25 percent, to 1247.08. Likewise with the Nasdaq Composite Index rose 6.59 points, or 0.25 percent, to 2649.56. (GoFinance)

Monday, December 20, 2010

::Philippines denies his New Currency Design One>>

Go Finance Reporting - The Philippine government spoke associated with its currency, the peso new issuance. Earlier, the currency of that country is mocked by some critics due to display a map of the Philippine state is unclear. Likewise with rare parrots that appears deemed not describe as the original.

The Philippine central bank Deputy Governor Diwa Gunigundo explained jiuka new money has been sent to parties banking on last Friday. And the money that was apparently going to begin to circulate in the coming Christmas.

He said details (artistic rendition) that exist on the map that appears on Philippine peso denominations of 20, 50, 100, 200, 500, and 1000 peso notes, not included in the Batanes island near Taiwan. Some places on the tourist island of interest are also not included.

"If we want to make the Philippines a map of a specific and accurate, then we should pull all of the island whose numbers 7,000 islands," Gunigundo said in an interview on Radio DZBB, as quoted by AFP on Monday (20/12/2010).

In the blue-parrot neped 500 pesos in paper money is dominated by yellow color. In fact, The Wild Bird Club of the Philippines, the organization has asserted birdwatchers yellow-billed parrot is not in the record anywhere in the country, because in real life the blue-naped parrot has a red beak.

"It's (a parrot with a yellow beak) brought us within three years of the study (design)," said Gunigundo denies careless preparation in preparing for these currencies.

"Our local artist who designed the six denominations of the peso currency also conduct research and consult them a lot to our experts in the Philippines," he added.

The most important of this new currency, he said, is security design. He claims this new design makes it hard to forge new money.

For your information, this is not the first time denounced the Philippine central bank due to produce new money that did not fit with reality. This never happened in 2005 when interest charges misspelled the name of Gloria Arroyo, the predecessor of the current President of Benigno Aquino, whose signature appears on the new legal tender. (GoFinance)

::Reform, Economic Planning Translucent Egypt 8%>>

Go Finance Reporting - Egyptian President Hosni Mubarak expressed Pyramid domestic growth target will reach an average of eight percent in the next five years through the introduction of economic reform programs.

"In the future, we must complete the implementation of the reform agenda," he said in a speech in front of the Egyptian parliament, was quoted as saying by AFP on Monday (12/20/2010).

According to him, to achieve these targets, the government would prioritize the reduction of unemployment by creating jobs.

The target average economic growth of eight percent in the next five years are up compared to the target of economic growth in the current fiscal year which amounted to six percent.

"The policy of our economic reforms have given new vigor to our economy. We have been able to overcome two consecutive world crisis with our own resources without creating a confused move our economy," he said.

Egypt is already won praise from world economic institutions like the World Bank for its economic liberalization measures. However, the gap between the rich and the poor is still quite wide, where 40 percent of Egypt's population of more than 80 million people still live below the poverty line with the World Bank standard of $ 2 per day. (GoFinance)

::Regional Trigger Negative sentiment index drop 12 pts>>

Go Finance Report - Even better than the first session, but the Composite Stock Price Index (CSPI) is not able to get out of negative regional sentiment and should be shut down trade with a loss of 12 points.

CSPI, on Monday (20/12/2010) evening fell 12.75 points, or 0.36 percent, to 3568.81. But, LQ45 index rising 0.65 points to 638.24 thin, so do the Jakarta Islamic Index (JII) also rose 3.79 points to 511.31.

Asian stocks still not able to get out of the existing problems. Nikkei 225 Index 87.42 points, or 0.85 sinkhole percent to 10,216.41, Hang Seng fell 75.77 points, or 0.33 percent to 22639.08, and Straits Times fell 15.34 points, or 0.49 percent, to 3137 , 67.

In contrast to Asia, Europe Stock optimistic it opened early this week. The FTSE 100 index rose 6.96 points, or 0.12 percent to 5878.3, DAX rose 35.7 points or 0.52 percent, to 7018.58, and the CAC 40 rose 28.31 points, or 0.72 percent to 3895, 18.

The volume of transactions recorded 3.578 billion shares valued at transaction Rp3, 139 trillion. As many as 69 stocks advanced, 155 stocks fell, and 71 stocks remained unchanged. The net foreign selling amounted to Rp58, 59 billion.

Supporting sectors such as the index moves mixed experiencing strengthening of the mining sector soared 62 points, the plantation sector rose 23.34 points, and the consumption sector rose 9.98 points. Meanwhile, sectors such as weakening the financial sector down 11.1 points and infrastructure sector, down 5.21 points.

Stocks that move strengthened (Top gainers) is PT Indospring Tbk (inds) rose Rp1.200 to Rp11.000, PT Dian Swastatika Sentosa Tbk (DSSA) rose Rp1.050 to Rp18.050, PT Astra International Tbk (ASII) rose Rp950 to Rp51.250, PT Inovisi Infracom Warrant PT Tbk (INVS-W) rose Rp850 to Rp4.850, and PT Astra Agro Lestari Tbk (AALI) rose Rp550 to Rp23.650.

While the stock is moving down (top lossers) is PT Federal (AUTO) down 650 to Rp14.300, PT Gudang Garam Tbk (GGRM) down 500 to Rp38.700, PT HM Sampoerna Tbk (HMSP) down Rp500 to Rp28. 500, and PT Bank Savings Retired N Tbk (BTPN) down 400 to Rp13.300. (GoFinance)

::Success Dollar Rupiah contrast Fate>>

Go Finance Reporting - The positive economics United States (U.S.) seemed to make the U.S. dollar strengthened. As a result, the rupiah weakened monitored.

Rupiah, in trading on Monday (12/20/2010) weakened to Rp9.045 per USD, compared with trading over the weekend in Rp9.034 per USD.

According yahoo finance, the rupiah was in a position Rp9.046, 5 per USD with a daily trading range in Rp9.035-9061, 5 per USD. Together with the weakening rupiah, the euro also weakened by in level of 1.316 per USD, but still looks stronger yen against the dollar to 83.875 per U.S. dollar.

Indonesian Securities analyst Samuel Soelistianingsih Lana said if consumer and business spending in November in the U.S. are expected to rise. Bloomberg survey for consumer spending in November is expected to rise 0.5 percent mom, mom from 0.4 percent in October last.

At the same time demand for durable goods, excluding cars and aircraft, rose 0.2 percent mom. People's income is also expected to rise 0.2 percent mom, from 0.5 percent mom to the realization last October. Increased consumer confidence followed by rising incomes also make an estimate of Christmas sales in 2010 will be significant.

In addition to increased revenue, operating expenses also increased along with increasing demand for business components. The increase in household consumption and business will make an estimate of economic growth in the fourth quarter to reach 3.5 percent qtq.

While estimates for the third quarter will grow by 2.8 percent qtq, up from 2.5 percent in the second quarter last qtq. Household consumption accounts for about 70 percent of GDP. (GoFinance)

::Bank of America sued!>>

Go Finance report - the State of Arizona filed a lawsuit against Bank of America (BoA), which accused it had defrauded homeowners who are short of money amid the global economic crisis.

"Legal action is triggered after the hundreds of complaints and investigations during the year , based on a variety of bank loans and the practice of foreclosure , "said U.S. State attorney general , Terry Goddard , quoted by the Straits Times , Sunday( 19/12/2010 ).

It is said Terry, BoA became the latest bank in the ministry to increase efforts to mitigate the loss in following up the housing crisis.

"This has shown negligence resulting from the devastating effects of the practice of ministry that has been loaned by individuals and to the economy as a whole," he added.

Specifically, he accused the Bank of America, as the largest residential mortgage loan services in the United States (U.S.), which violates state law. And in March 2009 agreement made between Arizona and lenders owned by BoA, Countrywide.

In the agreement, called the approval rating, Countrywide, agreed to develop and implement program modifications to some ex-loan borrowers in the state of south-western U.S.. (GoFinance)

::IMF funds to spend 2.5 billion euros to greece>>

Go Finance Reporting - The International Monetary Fund (IMF) has finally issued a loan of 2.5 billion euros to Greece. These grants serve as a warning to the nation was hit by debt to be more economical in the future.

In the midst of this recession, the cost of borrowing and saving the budget even higher. The IMF said that slow growth will cripple the economy to minus three percent next year.

Quoted by AFP on Sunday (12/19/2010), economic growth is expected to rise slightly from 2.5 percent. As to avoid default, the IMF approved the disbursement amounting to approximately $ 3, 3 billion, bringing total IMF emergency loans to Greece amounted to 10.58 billion euros or equivalent to USD13, 98 billion.

The loan is part of the European Union and the IMF amounted to 110 billion euros which was approved in May and will save this country from the bankruptcy of the Gods. As a result of this loan, Athens has initiated a series of dramatic spending cuts.

After reviewing the Greek movement in cutting the deficit, the IMF began to reform the country into good order.

"The competent authorities of Greece should be commended for their implementation will be difficult and ambitious reforms in macroeconomic and structural policies," said senior IMF, Murilo Portugal.

He said, inflation fell to improve competitiveness. In addition, the overall fiscal adjustment so far has been impressive. As we all know, Greece has been rocked by strikes and demonstrations that have crippled transportation networks and occasionally turned violent.

The IMF also warned that Athens should accelerate structural reforms, including labor markets, trade, tourism and retail sectors. (GoFinance)

Saturday, December 18, 2010

::This time, Rupiah line with JCI>>

Go Finance Reporting - After weakening, the rupiah strengthened although ultimately only two points. The trigger U.S. dollar (U.S.) who began to strengthen again weakened again.

Rupiah, based on the exchange rate of Bank Indonesia (BI) in late trade on Friday (12/17/2010), the rupiah strengthened to Rp9.034 per USD from the previous trading at Rp9.036 per USD. Meanwhile, according yahoofinance, the rupiah was in Rp9.035 per USD, with an average daily trading in Rp9.032-Rp9.050 per USD.

Indonesian Securities analyst Samuel Lana Soelistianingsinh explain if the data from the Labor Department's jobless claims fall 3000 record to 420 thousand in the second week of December. Home sales also began to increase to 550 thousand annual rate in November, an increase of 3.9 percent (mom).

Meanwhile, the general economic index published by the Reserve Bank of Philadelphia's increased to 24.3 Bloomberg survey median exceeded expectations in 15.

The improvement in U.S. economic data in November was greeted positively by the increase in the Dow, T-bond yields on ten-year tenured, and the U.S. dollar strengthened against Asian currencies.

"Crude oil prices also fell as the trend of U.S. dollar began to strengthen. Global Investors is expected to begin to focus on U.S. economic recovery is getting stronger," he explained. (GoFinance)

::Had slumped, JCI Finally Risen Back>>

Go Finance Reporting - Composite Stock Price Index (JCI) since last few days was observed to corrected in the end again showed its fangs. Although thin, JCI movement in this weekend's pretty impressive.

CSPI, on Friday (17/12/2010) thin closed up 9.83 points, or 0.28 percent to 3581.56. LQ 45 Index also rose 1.7 points to 637.59 and the Jakarta Islamic Index (JII) rose 1.37 points to 507.52.

The transaction value at the close of this day was recorded at Rp4, 40 trillion in trading volume 3.12 billion shares. As many as 129 stocks advanced, 81 stocks fell, and 88 stocks remained unchanged in price.

Some sectors in the country are also observed to move mixed, although the plantation sector and consumer sector recorded weaker thin.

Stocks that move strengthened (Top gainers), of which PT Bayan Resources Tbk (ITMG) rose Rp1.200 to Rp51.000, PT Multi Bintang Indonesia Tbk (MLBI) rose 1,000 to Rp261.000, and PT Dian Swastatika Sentausa Tbk (DSSA) rose Rp600 to Rp17.000.

Meanwhile, stocks that move down (top lossers) including PT Astra Agro Lestari Tbk (AALI) down Rp950 to Rp23.100, PT Gudang Garam Tbk (GGRM) down Rp800 to Rp39.200, PT Indosprings Tbk (inds) down 700 to Rp9.800, and PT Federal (AUTO) down Rp450 to Rp14.950. (GoFinance)

Thursday, December 16, 2010

::U.S. Stock Decline Drastically, Black Gold USD88/Barel Survive>>

Go Finance Report - World oil prices persist at the level of USD88 per barrel with decreased slightly by 14 cents in trading in Asia this afternoon. This happens after the United States Department of Energy (USA) officially announced that U.S. oil stocks suffered the biggest decline since 2002 in the amount of 9.9 million barrels last week.

Whereas before, McGraw Hill Cos. energy analyst estimates decline in U.S. oil stockpiles are only about three million barrels.

As quoted by the Associated Press (AP), Thursday (12/16/2010), the price of black gold in the trade the New York Mercantile Exchange (Nymex) this afternoon when Asia fell 14 cents to USD88, 48 per barrel compared to the previous position which amounted to USD88 , 62 per barrel.

With the official announcement today's U.S. oil stocks, commodities traders are looking at other economic indicators such as housing problems and unemployment to see the possibility of demand and economic recovery.

In other Nymex trading in the contract of January, heating oil rose 0.2 cents to $ 2, 49 per gallon, gasoline futures added 0.4 cents to $ 2, 31 per gallon and natural gas gets 0.9 cents to $ 4, 23 per 1,000 feet cubic. In line with the New York Mercantile Exchange, in London, Brent crude also fell 19 cents to USD91, 96 per barrel on the ICE Futures exchange. (GoFinance)

::Profit Taking Causes Wall Street Down>>

Go Finance report - The stock market is the United States (U.S.) back under selling pressure. Market participants now seem to accumulate profits next year because of pessimistic market conditions would not be optimistic at this time.

After scoring record highs in two years this week, the index ultimately increase the yield stress of debt because of interest in these instruments increased considerably. As a result, shares of the banking sector that relies heavily on loan demand, weakening for three consecutive days.

Investors appeared to assess the market value of which rose almost 11 percent so far in 2010 is the culmination of optimism. And then tingal berinsut weakened.

"There are signs that the market in top positions at this level, and people start taking advantage. Due to low trading volume, I thought it was just temporary, the index is still likely to have a rally," said chief investment Baker Avenue Asset Management in San King Lip Francisco was quoted as saying by Reuters.

A number of stocks that led the rally that has shown a pattern weakened in recent days. Apple Inc. ended at USD320, 36, rose only 0.02 percent after rising as high as USD323 in early trading. Netflix Inc. closed almost flat, rising just 0.03 percent at USD178, 50, whereas the highest position in the USD181, 42.

At the close of trading on Wednesday (15/12/2010), the Dow Jones industrial fell 19.07 points, or 0.17 percent, to 11457.47. The broader Standard & Poor's 500 index dropped 6.36 points, or 0.51 percent to 1235.23. While the Nasdaq Composite Index fell 10.50 points, or 0.40 percent to close at 2617.22. (GoFinance)

::China Foreign Investment USD100 M>>

Go Finance Report - Ministry of Commerce of China, yesterday, expressed optimism able to attract foreign investment amounted to USD100 billion this year. Confidence is based on current conditions in which the Bamboo Curtain country into the global corporate investment purposes.

This occurs, despite fears the market barriers and predictable labor costs rise. According to data from the Ministry of Commerce of China, until the first 11 months in 2011, direct foreign investment (foreign direct investment / FDI) into China reached USD91, 7 billion. Figure is 18 percent higher than higher than the same period last year.

Office of the Ministry of Commerce spokesman Yao Jian claimed China, an increasing amount of foreign investment was in line with the general attractiveness of investment in China is moving very fast. Yao added that in addition to manufacturing, service industry has emerged as one of the focal point for foreign investors. Thus, this could be a major driving force of growth in investment.

"Investment is also the purpose of government to adjust economic structure," Yao said when presenting the monthly report of investment in Beijing was quoted as saying by Reuters.

According to Yao, the rapid investment growth in China also supported the concept of Beijing's increasing domestic consumption with exports supported. On the other hand, foreign investment issues also become interesting discussion Officer United States (U.S.) and China which yesterday held a high-level trade talks in Beijing.

In that occasion the two representatives of countries submit the issues ranging from intellectual property rights, investment restrictions, and market barriers. Big companies like General Electric's world express concern that the policy of "indigenous innovation" applied Beijing may inhibit the ability to compete in China.

However, Yao gives optimistic outlook for the second largest economy in the world. According to him, with the growing Chinese economy in the future, investment in the manufacturing sector will maintain a stable growth rate.

These conditions will support the investment services industry becomes more rapid. Ministry of Commerce said that investment in the services sector contributed to 44.9 percent of total foreign investment in the period from January to November 2010. This amount has increased over the previous year which only rose 40 percent.

"Computer services and real estate are two sectors that have increased investment very quickly," said Yao.

Asian Investor

In detail, the largest foreign investor in China comes from Asia. Hong Kong dominate foreign investment, and Taiwan, Singapore, and Japan in the next sequence. While the United States (U.S.) ranks only fifth in terms of investment in the land of Panda.

In November, in particular, direct foreign investment in China reached USD9, 7 billion, up 38 percent from the same month in 2009. The flow of foreign capital into China began to increase significantly since joining the World Trade Organization (World Trade Organization / WTO) in 2001.

However, China's rapid flow of foreign capital in recent months sparked fears of symptoms of overheating that could backfire if the liquidity in the country not controlled. This prompted the monetary authorities adopt a policy to put the brakes on credit by raising interest rates and dampen property market.

"The Ministry of Commerce will work together to ensure that no foreign investment flows are being redirected to the asset markets illegally. Our service is to take further action to check the authenticity of foreign capital invested in property, "said Yao.

Director of National Development and Reform Commission (NDRC) Zhang Ping said, although indicators of economic data showed a positive result, China still faced with a number of challenges.

It was among the economic slowdown in developed countries, high unemployment, and still have not recovered the global property market. "In addition, there are still many problems that caused a crisis of banking assets has not been cleaned fully. Interest rates are still fluctuating, "said Zhang.

The latest obstacle is expected to be a booster of economic growth in China is that the inflation rate reached 5.1 percent last November. Inflation is the highest in the last 28 months. This triggered rising food prices that prompted the government to increase the supply of which comes from the food stock. (GoFinance)

::Rating Spain Can Down Again>>

Go Finance Reporting - International rating agency Moody's International Services yesterday said, could be re-cut the credit rating of Spain. This schedule is based on the severity of the country's refinancing and loan problem next year.

Last September, Moody's lowered the rating of Aaa to Aa1 Spain in fact put pressure on Madrid and the broader euro zone for fear of widespread decline. Moody's said, the ability to repay debt in Spain was not in doubt. In addition, Matador State also does not require external assistance, such as Ireland and Greece.

However, future funding needs, including heavy, so likely will create new tensions in the money market. According to Moody's, another problem related to Spain's rating is likely higher costs of recapitalization of the banking system are estimated to increase the public debt and add to concerns of its citizens.

"Regarding whether the central government to push through reforms, Moody's believes that the weakness of the Spanish warrant puts rating under review for a decline," said Spain's leading analyst Kathrin Muehlbronner in a statement quoted by AFP.

He added that Moody's would also like to emphasize that the continuation of the views against Spain because of the credit is more powerful than any other country in the eurozone. Moody's said the rating review will focus on the Spanish central government commitment to address the structural challenges of the Spanish economy.

"However, I think Moody's review is likely to conclude that the rating of Spain remain in the Aa range," said Muehlbronner.

In its report Moody's estimates, the Spanish Government needs to increase the reserve fund of about 170 billion euros (USD225 billion) in 2011. The amount is included for regional needs to reach 30 billion euros and the banks 90 billion euros. Increased funding needs of Spain in the next year due to increased challenges and still fragile confidence in international financial markets.

"Latest speculation, Spain may have to seek assistance from the European Union and the International Monetary Fund," said Moody's.

As is known, Greece received bailouts from the European Union and Inter-national Monetary Fund (International Monatary Fund / IMF) amounting to 110 billion euros in May. At that time, the financial markets nearly collapsed because, trust in the euro zone slumped due to inability to raise fresh funds.

The problem for bond yield prices are so high that prompting fears of failure. Meanwhile, the Irish EU and the IMF rescued earlier this month with the help of 85 billion euros. After that, European financial markets are also shocked the high deficits of other countries such as Portugal and Italy.

"Spain is expected to raise the necessary financing. However, they are constantly higher funding costs would strain affordability of debt, "said Moody's.

In another part, Chairman of Finance Ministers from eurozone Jean-Claude Juncker stated yesterday, will propose the existence of a common bond all over Europe at the European summit this week, though Germany objected. "I'll talk about it if there is a chance," he said. (GoFinance)

::The JCI beaten 86 pts>>

Go Finance report - Composite Stock Price Index (CSPI) is not able to do much and the fall plunged to 86 points. Seed stocks in the commodity sector was no falling power. Still seems to be profit taking will continue to haunt the JCI until the closing years

CSPI, on Thursday (16/12/2010) afternoon closed down 86.58 points, or 2.37 percent to 3571.74. LQ 45 Index dropped 19.01 points to 635.81 and the Jakarta Islamic Index (JII) dropped 16.49 points to 506.15.

Asian stocks until this afternoon still moving both directions with a tendency to weaken. The Nikkei 225 edged up 1.51 points, or 0.01 percent, to 10,311.29, while Hang Seng plunged further to 306.57 points, or 1.33 percent to 22,668.78 and the Straits Times fell 1.08 points, or 0 thin, 03 per cent to 3146.12.

Meanwhile, European bourses would open trade with optimistic in the green belt. The FTSE 100 index rose 18.06 points, or 0.31 percent to 5900.24, DAX rose 8.07 points, or 0.12 percent to 7024.44 and the CAC 40 rose 10.85 points, or 0.28 percent to 3891.04 .

These sectors are still reluctant to support the index moves from the red lane, where the plantation sector fell to 71.59 points, 56.91 points ambels mining sector and consumption sector fell by 34.01 points.

The value of this transaction on the day was recorded at Rp 5, 07 trillion in trading volume of 4.014 billion shares. As many as 60 stocks advanced, 188 stocks fell, and 70 stocks remained unchanged in price. Foreigners were seen removing approximately Rp1, 083 trillion.

Stocks that move strengthened (Top gainers), of which PT HM Sampoerna Tbk (HMSP) rose Rp500 to Rp29.050, PT Indospring Tbk (inds) rose Rp500 to Rp10.500 and Multibreeder Indonesia Tbk PT (MBAI) rose Rp450 to Rp14.950.

Meanwhile, stocks that move down (top lossers) of which PT Petrosea Tbk (PTRO) down Rp4.000 to Rp26.000, PT Astra International Tbk (ASII) down Rp2.900 to Rp49.900, PT Gudang Garam Tbk (GGRM ) dropped Rp1.250 to Rp40.000 and PT Astra Agro Lestari Tbk (AALI) down Rp1.200 to Rp24.050. (GoFinance)

::JCI Loss due Being Defensive Investor>>

Go Finance Reporting - The fall Composite Stock Price Index (CSPI) on the first session this day to be below 3600 levels apparently as a result of investors who take defensive measures by the end of the year.

"Apparently this was a defensive action from investors,"said stock market analyst Felix Sindhunata Legal when contacted in Jakarta on Thursday (16/12/2010).

He explained that, in fact there is nothing fundamentally strange when IHGS dropped like this, both external and internal factors.

"From Europe was still worried. If it worsens, the European index would be worse, but it did not. So is the U.S. economy, there is nothing strange. Indeed, the U.S. index fell, but not so far," he explained.

In addition, he continued, the Indonesian economy is also fine, and there's nothing to be negative for market sentiment. "I also do not know why a market like this, because the domestic economy is also okay," he said.

As is known, JCI increasingly slumped in trading today and should be thrown from the 3600 level. Profit taking more influence trading sentiment rather than regional markets that currently have gradually improved over the opening this morning.

CSPI, on Thursday (16/12/2010) session I closed down 82.14 points, or 22.25 percent, to 3576.17. LQ 45 also ambles 17.9 points to 636.92, and the Jakarta Islamic Index (JII) slumped 13.52 points to 509.12 points. (GoFinance)

::Stocks Commodities Loss, JCI Down 82 Points>>

Go Finance Reporting - Composite Stock Price Index (CSPI), the decline in trade today and should be thrown from the 3600 level. Profit taking more influence trading sentiment rather than regional markets that currently have gradually improved over the opening this morning.

CSPI, on Thursday (16/12/2010) session I closed down 82.14 points, or 22.25 percent, to 3576.17. LQ 45 also ambles 17.9 points to 636.92, and the Jakarta Islamic Index (JII) slumped 13.52 points to 509.12 points.

In fact, this afternoon Asian stocks began to writhe in which the Nikkei 225 index rose 33.86 points, or 0.33 percent to 10,343.64, the Straits Times fell 6.76 points, or 0.21 percent to 3153.96, but the Hang Seng down 86 , 61 points, or 0.38 percent to 22888.74.

Supporting sectors indices are all in the green belt with the mining sector experienced the deepest decline of 56.44 points, down 44.73 points plantation sector and consumption sector amounted to 31.92 points.

The value of the transaction until this afternoon amounted to Rp2, 34 trillion in trade volume amounted to 2.025 billion shares, net foreign selling reached Rp438, 13 billion. The 49 stocks have strengthened, 165 shares fell, and 72 stocks remained unchanged in price.

Stocks that have strengthened (Top gainers), of which PT HM Sampoerna Tbk (HMSP) rose Rp450 to Rp29.000, PT Bayan Resources Tbk (BYAN) rose Rp150 to Rp12.900 and PT Bank Tbk (BSIM) rose to Rp95 Rp485.

While stocks weakened (top lossers) including PT Astra International Tbk (ASII) down Rp2.450 to Rp50.350, PT Astra Agro Lestari Tbk (AALI) fell 1,000 to Rp24.250, PT Gudang Garam Tbk (GGRM) down Rp800 to Rp40.450, and PT Bayan Resources Tbk (ITMG) down Rp800 to Rp50.200. (GoFinance)

Wednesday, December 15, 2010

::U.S. stocks down, Crude Oil Down to USD87/Barel>>

Go Finance Report - World oil prices eventually fell below USD88 a barrel after it is estimated that U.S. crude oil supply is lower than market expectations as well as the winter gas supplies coupled with demand still sluggish.

As quoted by the Associated Press (AP), Wednesday (12/15/2010), price of crude oil for January delivery in electronic trading on the New York Mercantile Exchange (Nymex) during the day time Asia declined 35 cents to USD87, 93 per barrel compared to the position previously that at USD88, 28 per barrel.

American Petroleum Institute said U.S. crude inventories fell 1.4 million barrels last week. While the energy information from the McGraw Hill Cos. estimate a decrease of three million barrels. However, the API would predict that gasoline inventories would soared to 2.4 million barrels. While the new Energy Ministry will submit data officially this Wednesday U.S. time.

"If you think that API report seems bearish, we will not agree," said energy consultant Schork Group

In other Nymex trading today on the contract in January, heating oil down 0.9 cents to $ 2, 46 per gallon, gasoline futures fell 0.8 cents to $ 2, 29 gallon and natural gas slid a penny to $ 4, 25 per 1,000 cubic feet . And in London, Brent crude fell seven cents to USD91, 33 per barrel on the ICE Futures exchange. (GoFinance)

::The Fed & Wall Street Leads the Retail Data Stronger>>

Go Finance Report - U.S. stock index (U.S.) again increased. The trigger is a statement of the Fed and the data on retail sales in the holiday season last November have increased.

With trading volumes still low, the index increased a burglar can push the boundaries of resistance and the three major U.S. indices to try out its highest level during the last two years.

The Fed, after doing the last meeting in 2010, saying economic recovery is still too slow to lower unemployment and reaffirmed its commitment to buy government bonds worth $ 600 million. This move pushed bond yields sharply higher and place pressure on the financial sector stocks.

"I am somewhat disappointed that the Fed does not see the world with the same light, as did investors," said Interactive Brokers Group senior analyst Andrew Wilkinson in Greenwich, Connecticut was quoted as saying by Reuters.

The PHLX KBW Bank Index went down 1.5 percent. Regions Financial also fell by 5.3 percent, as well as Marshall & Ilsley fell 3.4 percent.

U.S. retail sales rose in November, and retail companies led stocks to rise. But shares of Best Buy Co. Inc., because not even fall also reported third-quarter financial performance. Best Buy shares fell 14.8 percent to USD35, 52 and pressing the S & P retail index fell 0.5 percent up.

In trading Tuesday (12/14/2010) local time, the Dow Jones industrial rose 47.98 points, or 0.42 percent, to 11476.62. The broader Standard & Poor's 500 index rose 1.13 points, or 0.09 percent, to 1241.59. Likewise with the Nasdaq Composite Index rose 2.81 points, or 0.11 percent to 2627.72. (GoFinance)

::2011, The World Economy Predicted to Grow 4.2%>>

Go Finance Report - Provision of fiscal and monetary stimulus has successfully issued a major world economy from recession. The world economy is predicted to grow by 4.8 percent in 2010 and 4.2 percent in 2011. The largest contribution comes from economic growth in developing countries.

This was conveyed by Minister of Investment Advisor Government & Private, Djatmiko, when Seminars commemorate the anniversary of LKBN Between the 75th, the House Antara, Jakarta, Wednesday (15/12/2010).

"But, still there are vulnerabilities in the economy in the world, including the fiscal situation of European countries are poor, global imbalances such as the imbalance of economic growth, savings-investment, trade," he said.

According to him, the world must find a way for this imbalance can be lost (or reduced). Because, as a result of this imbalance, the flow of capital flows from developed countries to developing countries.

"While developing countries are also experiencing difficulties in absorbing the incoming capital flows efficiently. As a result, was forced to absorb into the foreign exchange reserves," he said.

Meanwhile, to protect themselves against the possibility of reversal of capital flows (capital reversal) can to prevent the strengthening of capital flows are less significant than the exchange rate of their currencies. (GoFinance)

::Sinkhole 31 pts, JCI Closed Not Helpless>>

Go Finance Reporting - Composite Stock Price Index (CSPI) has not been able to rise from the crush in a fairly sluggish trading today. Investors tend to be cautious amid negative sentiment that still haunt the global and regional markets.

CSPI, on Wednesday (12/15/2010) evening fell 31.36 points, or 0.85 percent, to 3658.31. LQ 45 Index was down 5.44 points to 654.82, and the Jakarta Islamic Index (JII) is also compact fell 3.51 points to 522.64.

Asian stocks continue to decline this afternoon, where the Nikkei 225 index fell 6.99 points, or 0.07 percent to 10,309.78, the Hang Seng plunged 455.84 points, or 1.95 percent to 22,975.35 and the Straits Times down 23.04 points, or 0.73 percent, to 3153.87.

European markets are also beginning to move in unison negative trade where the FTSE 100 index fell 23.67 points, or 0.4 percent, to 5866.41, DAX sinkhole 45.08 points, or 0.65 percent to 6980.28 and the CAC 40 dropped 24.25 points or 0.62 percent to 3878.37.

Meanwhile, the supporting sectors also still compact index in the red line. Plantation sector, ambles up to 48.36 points, followed by the mining sector, which fell 23.09 points and 16.29 points down the consumption sector.

The trading volume was recorded 4.148 billion shares valued at transaction Rp4, 303 trillion. A total of 66 stocks advanced, 170 stocks fell, and 84 stocks remained unchanged in price. As for today, do net foreign selling amounted to Rp254, 517 billion.

Stocks that move strengthened (Top gainers), of which PT Fast Food Indonesia Tbk (FAST) rose Rp500 to Rp9.200, PT Sarana Tower Nusantara Tbk (TOWR) rose Rp400 to Rp13.350, and PT Bayan Resources Tbk (ITMG ) rose 300 to Rp51.000

Meanwhile, stocks that move down (top lossers) of which PT Petrosea Tbk (PTRO) down Rp5.000 to Rp30.000, PT Hero Supermarket Tbk (HERO) dropped Rp1.200 to Rp3.800, and PT Indospring Tbk (inds ) dropped 1,000 to 10,000. (GoFinance)

Sunday, December 12, 2010

::OPEC Production Hold Saudi Arabia "Comfortable" Oil price USD70-80 per barrel>>

Go Finance report - Leaders of world oil exporting countries (OPEC), Saudi Arabia still enjoy the world oil price range between USD70-80 per barrel and expect that level will be able to continue to survive.

The statement makes a number of countries in world oil consumers increasingly worried about oil prices and can get out of control so that hamper global economic recovery.

"The price of USD70-80 per barrel is a good price," said Saudi Arabian Oil Minister Ali Al Naimi, was quoted as saying by Reuters on Sunday (12/12/2010).

In addition, the results of the OPEC countries meeting in Ecuador also decided to remain a quota of oil production even though oil prices had struck his record at USD90 per barrel last week.

With such conditions, then the market will test the ability of Saudi Arabia to keep prices below $ 80 per barrel.

"The real issue here is whether supply will be added. Minister Naimi said that the $ 80 per barrel is the upper limit of price range, let's see if he followed the provisions of it with more inventory," said Head of Global Oil Research Lawrence Eagles of JP Morgan.

Last weekend, the price of crude oil in the U.S. market (U.S.) closed at the level of USD87, 79 per barrel.

 Unlike Saudi Arabia, one of the OPEC countries of origin in Latin America, Venezuela, precisely assess the oil price can crawl up to USD100 per barrel and the markets should compensate for higher production costs because persediannya not much.

Meanwhile, Iranian Oil Minister Massoud Mirkazemi said global oil demand is currently in bad shape and the price is not fair.

Riyadh to decide the best way to stop further price increases to secretly lift supplies to the buyer through the process of monthly sales and not through the policies of OPEC.

OPEC's biggest supply ever reached its peak in late 2008 before finally going fallout from the price of USD147 per barrel to more than USD33 per barrel due to the recession reduction in fuel demand. Many OPEC ministers said supply of sufficient and that they would only open the faucet to meet additional demand.

"Once there is a shortage in the market, or so we feel there is a shortage in the market, we of course will increase production but not the only function of the price," said the head of Libya's delegation Shokri Ghanem.

"If prices rise high because of speculation that we can do anything," said OPEC Secretary General Abdullah al-Badri.

As for supplies among the industrialized countries of the OECD are high on demand for the next 60 days. (GoFinance)

Saturday, December 11, 2010

::War Threatens Indonesia's inflation rate>>

Go Finance Reporting - The Indonesian economy in 2011 is predicted to still shadowed by the threat of inflation. This is the impact of war exchange rate (currency wars) that occur that can affect the global crisis.
In 2011 estimated number of countries in Europe and the United States (U.S.) would deliberately weaken its currency. Even the United States reportedly has made an extreme policy, by printing money worth $ 600 billion in 2010.
"No one can guarantee America will not print money anymore," said economic analyst Tony A Prasetiantono when a speaker in a seminar titled Ekonomic Outlook 2011, at the Hotel Sanur Beach, Denpasar, Bali, on Friday (10/12/2010) night.
On the other hand, China's economic growth this year with high enough expected to pass more than 10 percent, fixed exchange rate would weaken its currency, the yuan. "I think China is already quite comfortable with the conditions which now reached today," said Tony who is also Head of the Center for Economic and Public Policy Studies Gadjah Mada University.
With the achievement of China's economic growth rate high enough to be a threat to the U.S.. Economic growth in the country Bamboo Curtain was also projected to be even stronger in the coming years.
"Economic growth, foreign exchange reserves into China force to maintain the yuan exchange rate at a low rate," he said.
Although already been improved, the world crisis facing the European countries and the U.S. can not be resolved in practice. Economy of these countries would still be experiencing shocks. These conditions will certainly become a global issue that will affect inflation in 2011.
The threat of global crisis would have seriously affected the Indonesian economy in the coming year. The condition was not yet added to the problems faced by Indonesia in 2011 through the planned increase in fuel and electricity basic tariff (TDL).
"We face a big problem of internal and external exchange value of the war until the threat of global crisis, so that inflation could threaten our country," he said. (GoFinance)

::Exports Up, China Inflation worried>>

Go Finance Report - China's export growth in November reported stronger than expected, and add to concerns about soaring inflation.
as quoted by the BBC, Panda's Domestic exports in November rose 34.9 percent compared to same period previous year. Meanwhile, imports in November also increased by 37.7 percent.
However, the import surge was not enough to stop the widening trade surplus of 15 percent when compared to the previous year to nearly USD23 billion. Along with that, the rate of inflation in November is expected to rise to 5.1 percent.
This makes a new record high in the last 28 months. That number jumped from inflation in October by 4.4 percent and well above the government's official target of three percent. (GoFinance)

::Dow Jones Up 40 Points, S & P Print Record>>

Go Finance report - The stock market is the United States (U.S.) back up over the weekend. Even the S & P 500 index reached its highest level since the collapse of Lehman Brothers in 2008, this index would also projected to remain in a strengthening trend until the end of the year.
With the positive market, the Nasdaq index also experienced reinforcement up to eight days in a row. The tech-heavy index also rose to 5.5 percent. Accordingly, Nasdaq is in the highest position since December 31, 2007 despite lower volumes.
Strengthening the industrial sector seems to lead them. Shares of General Electric (GE) rose more than three percent after raising the dividend for the second time this year. So the S & P index of industrial sector (GSPI) rose to 1.03 percent. Following on the previous trading day, the S & P 500 is above 1228, the index finally managed to strengthen.
"The index did meet some significant barriers so close up there, and it was a pretty good sign," said chief analyst at Jefferies & Co., Art Hogan, in Boston was quoted as saying by Reuters.
Previously, S & P 500 tried and failed to penetrate in April 1228 and then in early November. As a result, experienced a sharp decline in this index at the time.
At the close of trading on Friday (10/12/2010) local time, the Dow Jones industrial rose 40.26 points, or 0.35 percent, to 11410.32. Standard & Poor's 500 index rose 7.40 points, or 0.60 percent, to 1240.40. Likewise with the Nasdaq rose 20.87 points, or 0.80 percent to 2637.54.
The three major U.S. indices were also recorded an increase in this weekend. The Dow rose 0.2 percent, the S & P 500 rose 1.3 percent and the Nasdaq rose 1.8 percent. (GoFinance)

::Official Government Release BNI shares>>

Go Finance Reporting - Government Shares in PT Bank Negara Indonesia Tbk (BNI) is released by issuing restricted shares (rights issue), yesterday, was executed in the price Rp3.400.
Recorded sales price of new shares in market negotiations and regular market trading on Friday (12/10/2010) has recorded 300 (9.67 percent) above the price determination of the rights issue amounting Rp3.100 BNI. Execution of 2,472,207,500 (16.35 percent) shares of BNI are comprised of 13.25 percent and 3.1 percent share Greenshoe rights.
Indonesia Stock Exchange (IDX) notes, the purchase is a local investor who absorbed 1.451 billion shares (9.59 percent) and two foreign investors who absorbed 1.021 billion shares (6.76 percent) or Rp3, 42 trillion.
The average foreign investors buy shares of BNI at the price of USD 3400 per share. Transactions are conducted by foreign investors was done either on the market and regular market negotiation. Foreign investors net purchases (net buy) as much as Rp3, 439 trillion in market shares of BNI negotiation and net sales (net sell) Rp11, 75 billion in the regular market.
PT Bahana Securities as the standby buyer (standby buyer) in this corporate action to absorb the equivalent of 2,977,267 lots or 1,488,633,500 shares. The total value of purchases of shares of BNI by Bahana Rp5, 064 trillion in both the regular market and market negotiation. Bahana had taken off the market shares of BNI in negotiations as much as 4,944,615 shares worth Rp 8 lots, 4 trillion and a total of 32,750 lots in the regular market value of USD 63.664 billion.
Buyers in the market one is negotiating a purchase 1,977,766 UBS Securities, equivalent lots 988.883 million shares. Transactions are executed in the price Rp3.400 with a total transaction value of Rp 3, 3 trillion. As a result of these transactions, BNI shares yesterday fell to Rp150 (3.64 percent) to Rp3.975.
"The decline in the fair. Therefore, the execution is below market price so there is a price adjustment, "said analyst with UOB Kay Hian Securities in Jakarta Goeryadi Gema Merdeka.
The exercise price rights issue was 9.6 percent above the rights issue price of ditetapkan.Namun, when compared with the price of BNI shares trade on Thursday (12/09/2010) at Rp4.125, the exercise price is still 17.57 percent lower . Therefore, BNI shares were corrected.
According Gema, correction of BNI shares will continue to estimate the level of support at 3600 and resistance 3700. "Therefore, for short-term investors should take action to sell then buy back when prices had broken through the limits of support," said Gema.
Meanwhile, PT Bhakti Securities head of research Edwin Sebayang estimates, the BNI stock prices until the end of this year could penetrate above Rp4.300. Because, BNI is still room to improve performance with the additional capital from the rights issue yesterday.
Additional funds could be used to expand the company as well as providing credit to customers. "Before the rights issue, a target price of BNI can pass Rp4.300. However, this figure will increase until the end of the year as the outlook for the next BNI good, "he explained.
Previously, BNI President Director Gatot M Suwondo said that the rights issue will increase the company's core capital to 16-17 percent of the position as at 30 September 2010 amounted to 10.2 percent.
The fund raised from the rights issue will be used for additional capital. This is so that future capital adequacy ratio (capital adequacy ratio) BNI is expected to increase to 20 percent from the current position of 12.5 percent. (GoFinance)

Friday, December 10, 2010

::Rupiah Back Approach Rp9.000>>

Go Finance report - After the movement of dollars in trading yesterday tracked down, today the rupiah again triumphed despite slim gains.

Amount based on the exchange rate of Bank Indonesia (BI), Thursday (09/12/2010) afternoon Rp9.011 per USD closed lower. While based on yahoofinance, the rupiah closed Rp9.027, 5 with a range of Rp9.012-Rp9.027 per USD.

While the movement of the dollar against the euro weakened 0.34 percent recorded to 1.3218 per U.S. dollar. While the Japanese yen against foreign currencies tracked down 0.095 cent to 83.96 per USD.

As is known, ahead of the end of the movement of dollars seems a little bit "off track" alias weakened. Although trading closed lower yesterday, today predicted the rupiah will strengthen.

"The strengthening will continue in the range of Rp8.995-Rp9.000 per USD. The fall in crude oil prices which could have a negative impact on Asian markets including the rupiah," said Samuel Securities analyst Lana Soelistianingsih, in the newsletter.

At the same time, Bank Indonesia (BI) to intervene to keep the rupiah stabilized above Rp9.000 per USD by the end of the remaining approximately 10 working days again. "So the rupiah to a level difficult to bounce back Rp8.990 as we previously forecast," he said. (GoFinance)

Thursday, December 9, 2010

::Tax & Make Wall Street Insider Trading Up Thin>>

Go Finance report - Exchange on Wall Street recorded moving rally after the agreement of the extension of tax cuts that make investors become enthusiastic in connection with bond yields and regulatory reports on the existence of insider trading.

On average, the Dow Jones Industrial fell 3.03 points, or 0.03 percent, to 11359.16. The broader Standard & Poor's 500naik thin 0.63 points, or 0.05 percent to 1223.75. While the Nasdaq Composite Index rose 3.57 points, or 0.14 percent, to 2598.49.

S & P 500 Index reached its highest position for two years after the President of the United States (U.S.), Barack Obama made a deal with Republicans to renew the tax cuts in the era of the previous President Bush.

"Punch (bonds) today confusing. Interest rates may be enough to stop rising and moving equities rally on the track," said Miller Tabak equity strategy & Co. in New York, Peter Boockvar, quoted by Reuters on Wednesday (8 / 12 / 2010).

It also supported the anxiety of investors to news the U.S. Securities and Exchange Commission which has issued more than a dozen subpoenas in the investigation of insider trading on Wall Street, thus potentially undermining public confidence in the market.

"The market has had good movement. Investors are just a little nervous, we just have and look for all kinds of reasons to sell (shares)," said Angel Mata, managing director of equity trading at Stifel Nicolaus noted Capital Markets. (GoFinance)

::Crude Oil Down Taxable Profit Taking into USD88/Barel>>

Go Finance Report - Oil prices fell close to USD88 per barrel in afternoon trading today in Asia, having previously had rocketed through the USD90 per barrel which is the highest level since the last two years. The decrease was due to the impact of profit taking.

As quoted by the Associated Press (AP), Wednesday (08/12/2010) decreased to 89 cents to as low as USD87, 8 per barrel for January delivery contract on the trade in the New York Mercantile Exchange (Nymex) this afternoon. Previously, he penetrated USD90, 76 per barrel, which is the highest achievement since 8 October 2008.

"It does not mengherangkan, mainly because of profit taking after crude oil through the level of USD90 per barrel in New York," said energy analyst with consultants Purvin & Gertz, Victor Shum.

Oil prices rallied on Tuesday after President Obama and Republican leaders agreed to extend the tax cuts since the Bush administration. In addition, a new factor of winter hit Europe and the U.S. also raised the demand for fuel.

Shum predicted the level of USD90 per barrel would not be sustainable for the time being amid the persistence of concerns about the spread of the debt crisis of Europe to Portugal and Spain. It is feared will make the U.S. dollar getting stronger so it can push oil prices for making commodity prices more expensive for investors holding other currencies.

"The fear that China may raise interest rates also will dampen oil markets, so the possibility of trading will be in the range of USD85-USD90 per barrel," said Shum.

In other Nymex trading in the contract of January, heating oil fell 1.8 cents to $ 2, 45 per gallon, gasoline futures gave up 2.3 cents to $ 2, 29 per gallon and natural gas fell two cents to $ 4, 38 per 1,000 cubic feet. Meanwhile, in London, Brent crude fell $ 1, 09 to USD90, 30 per barrel on the ICE Futures exchange. (GoFinance)

::JCI Still Will Defend gains>>

Go Finance Reporting - Composite Stock Price Index (CSPI) on stock trading today will still be stronger retrace predicted developments bluechips stocks that move in the green belt so that the support JCI movement.

"On this day JCI will move in the range of 3700-3800 with stocks that can be considered include PT Harum Energy Tbk (HRUM), PT Adaro Energy Tbk (ADRO), PT Indocement Tbk (INTP), and PT Jasa Marga Page (JSMR), "said team Etrading Securities analyst, said here on Thursday (09/12/2010).

Described them, on Wednesday's trade stock index closed yesterday rose 47 points (1.28 percent) in the range of 3769 levels. Noted foreign conduct amounting to Rp204 billion net buy.

"From the RSI and stochastic seen JCI still uptrend and it is possible to achieve a new high if successful through 3777 and 3777 point to a point of resistance is one of the JCI and resistance point 2 is in the range of 3800," he explained.

Known, JCI Wednesday managed to gain 47 points at the close of trading today. Commodity sectors such as mining and plantations sustain the JCI movement today that is not affected by the negative sentiment on regional and global markets.

Jakarta Composite Index closed yesterday afternoon soared 47.64 points, or 1.28 percent equivalent to 3769.99. While the LQ45 index rises 6.32 points to 682.68 and the Jakarta Islamic Index (JII) rose 7.85 points to 538.16.

The value of this transaction on the day was recorded at Rp4, 31 trillion in transaction volume amounted to 5.737 billion shares, where the value of foreign transactions (net) amounted to Rp195, 374 billion. (GoFinance)

::Almost rupiah reached Rp9.050>>

Go Finance Reporting - The movement of the rupiah today seem not as good as Monday's trading. This time the rupiah weakened almost perched on the position Rp9.050 per USD. In fact, today is predicted to continue strengthening rupiah.

Amount based on the exchange rate of Bank Indonesia (BI), Wednesday (12/08/2010) afternoon Rp9.050 per USD closed lower. While based on yahoofinance, the rupiah closed lower Rp9.032, 5 with a range of Rp9.005-Rp9.037 per USD.

As reported earlier, in trading Monday despite a decline in WTI oil prices, but market sentiment will continue and will make the rupiah penetrate below the level of Rp9.000 per USD.

As is known, the Indonesian market was yesterday recorded a holiday, but the rupiah in the foreign trade is still running. The rupiah closed stronger thin to Rp9.003 per USD (Bloomberg middle rate), in line with the strengthening of other Asian currencies. (GoFinance)

::Stocks Commodities chock JCI Achieve 47 pts>>

Go Finance Reporting - Composite Stock Price Index (CSPI) managed to gain 47 points at the close of trading today. Commodity sectors such as mining and plantations sustain the JCI movement today that is not affected by the negative sentiment on regional and global markets.

CSPI, on Wednesday (12/08/2010) evening closed soared 47.64 points, or 1.28 percent equivalent to 3769.99. While the LQ45 index rises 6.32 points to 682.68 and the Jakarta Islamic Index (JII) rose 7.85 points to 538.16.

The value of this transaction on the day was recorded at Rp4, 31 trillion in transaction volume amounted to 5.737 billion shares, where the value of foreign transactions (net) amounted to Rp195, 374 billion.

Asian stocks are still moving mixed, where the Hang Seng index up 335.63 points ambles to 23092.52. Meanwhile, the Nikkei 225 index rose 91.23 points, or 0.9 percent, to 10,232.33 followed by the Straits Times who participated edged up 6.95 points, or 0.22 percent, to to 3198.83.

Meanwhile, European bourses in early trade actually began to move negative where the FTSE 100 index fell 8.44 points, or 0.15 percent to 5800.01, the CAC 40 fell 11.42 points, or 0.3 percent, to 3799.08 and the DAX is down 13 , 35 points or 0.19 percent, to 6988.56.

The sectors which recorded a positive trade of mining sector which rose to 74.73 points, followed by the plantation sector rose 34.66 points. While the consumption sector is decreasing 6.88 points.

Stocks that move strengthened (Top gainers), of which PT Bayan Resources Tbk (ITMG) rose Rp3.000 to Rp51.500, PT Dian Swastatika Sentosa Tbk (DSSA) rose Rp2.150 to Rp13.000, PT Astra International Tbk (ASII) rose Rp1.650 to Rp54.550, and PT Sarana Tbk Menara Nusantara Tbk (TOWR) rose Rp1.550 to Rp13.500.

Meanwhile, stocks that move down (top lossers) of whom Multibreeder Indonesia Tbk PT (MBAI) down Rp800 to Rp15.500, PT Gudang Garam Tbk (GGRM) down 400 to Rp45.400, and statements of PT (hexa) down Rp300 to Rp6.850. (GoFinance)

Wednesday, December 8, 2010

::Sag Hang Seng, Jakarta Composite Index rose 32 points>>

Go Finance Reporting - Composite Stock Price Index (CSPI) this afternoon closed the show development, the Jakarta Composite Index closed down more victorious and gained 32 points, well above the 3700 level.

Wednesday (08/12/2010) The first session index closed up 32.56 points, or 0.87 percent equivalent. While the LQ45 index rose 5.52 points to 681.88 and the Jakarta Islamic Index (JII) rose 5.32 points to 535.63.

The value of this transaction on the day was recorded at Rp 4, 4 trillion with a transaction volume amounted to 5.11 billion shares with a total frequency of 61,019 times.

Asian stocks mixed moves, where the Hang Seng index drop 206.08 points recorded directly to 23222.07 after this morning had been in the green belt. Nikkei 225 Index rose 80.72 points, or 0.80 percent to 10221.82, and the Straits Times drove thin 5.08 points to 3196.96.

Stocks that move strengthened (Top gainers), namely PT Bayan Resources Tbk (ITMG) rose Rp2.350 to Rp50.850, PT Dian Swastatika Sentosa Tbk (DSSA) rose Rp1.150 to Rp12.000, PT Indocement Tunggal Tbk (INTP) rose Rp450 to Rp17.050, and PT Bukit Asam Tbk (PTBA) rose Rp400 to Rp22.800.

Meanwhile, stocks that move down (top lossers) of whom Multibreeder Indonesia Tbk PT (MBAI) down 500 to Rp15.800, PT Inovisi Infracom Tbk (INVS) down Rp250 to Rp5.800, and PT Bank Negara Indonesia Tbk (BBNI) down Rp200 to Rp4.100. (GoFinance)

Tuesday, December 7, 2010

::Board of Supervisors Want to Make Baseball Related Capital Market Loss>>

Go Finance report - Capital Market Supervisory Agency and Financial Institution Supervisory Agency (Bapepam-LK) reveal if it did not want to make the Indonesian capital market losers.

"We're baseball wanted to build our capital market loss," said Chairman of Bapepam-LK Fuad Rahmany, in the event Indonesian Brokers's Forum (IBF), themed Revealing the facts behind the polemics IPO of PT Krakatau Steel, at the Hotel Le Meridien, Jakarta, Monday (6 / 12/2010) night.

This refers to the regulations made by the Bapepam-LK for Indonesian capital market conducive. "The point we were making regulations, they are selling to the market but we also want to force that company's baseball loss, we want to make our capital market is conducive," he said.

As is known, the Indonesian capital market is growing prolifically. Proven Composite Stock Price Index (CSPI) rose rapidly, as well as the exchange rate.

Vice President Mohammad Reza Securities Erdikha some time ago to explain if the fund flow (flow of funds) continue to go to Indonesia because of fundamentals and a promising outlook for profits.

But, he explained if the fund flow is usually only go into a fund portfolio hot (hot money), not to get into the real sector (cold money). Consequently, if conditions beyond the better portfolio, fund flow is bound to come out. (GoFinance)

::Debt Crisis Europe follow Wall Strett Flat>>

Go Finance report - Fears about Europe's debt crisis making investors frustrated and then find reasons to make the stock more valuable.

But stock futures edged higher after the president Barack Obama said it had reached an agreement with the Republican Party.

As quoted by Reuters on Tuesday (12/07/2010), S & P 500 Index was observed to fall, analysts still see the benchmark index will be in the new range with the level of 1227 on November 5. Limited technology stocks and the Nasdaq declined to give a positive sentiment for Cisco systems and Cognizant Technology Corp..

In Europe, Germany's finance minister rejected European Union proposals to increase lending to 750 billion Euros or the equivalent of $ 1 trillion to reduce the risk of debt.

Cisco (CSCO.O) rose 1.9 percent to USD19, 43 after Oppenheimer raised rating on the shares to outperform, and Cognizant (CTSH.O) rose 0.7 percent to USD69, 80 after Goldman Sachs recommended for purchase.

Also looking forward in equity, Goldman Sachs Asset Management Chairman Jim O'Neill, speaking at the Reuters 2011 Investment Outlook Summit in New York, gave a bullish outlook on the stock, said the global stock market will likely see profits by 20 percent through 2011.

On average, the Dow Jones Industrial (DJI.) dropped 19.90 points, or 0.17 percent, to 11,362.19. S & P 500 Index (SPX.) shed 1.59 points or 0.13 percent, to 1,223.12. But the Nasdaq Composite Index (IXIC.) successfully climbed 3.46 points, or 0.13 percent, to 2,594.92.

The trading volume registered 6.27 billion shares traded on the New York Stock Exchange, sedangan American Stock Exchange and Nasdaq, well below the average of 8.62. The decline in the New York Stock Exchange from 1500 to 1467 levels, down to the ratio of 4 to 3. (GoFinance)


Go Finance report - Fears about Europe's debt crisis making investors frustrated and then find reasons to make the stock more valuable.

But stock futures edged higher after the president Barack Obama said it had reached an agreement with the Republican Party.

As quoted by Reuters on Tuesday (12/07/2010), S & P 500 Index was observed to fall, analysts still see the benchmark index will be in the new range with the level of 1227 on November 5. Limited technology stocks and the Nasdaq declined to give a positive sentiment for Cisco systems and Cognizant Technology Corp..

In Europe, Germany's finance minister rejected European Union proposals to increase lending to 750 billion Euros or the equivalent of $ 1 trillion to reduce the risk of debt.

Cisco (CSCO.O) rose 1.9 percent to USD19, 43 after Oppenheimer raised rating on the shares to outperform, and Cognizant (CTSH.O) rose 0.7 percent to USD69, 80 after Goldman Sachs recommended for purchase.

Also looking forward in equity, Goldman Sachs Asset Management Chairman Jim O'Neill, speaking at the Reuters 2011 Investment Outlook Summit in New York, gave a bullish outlook on the stock, said the global stock market will likely see profits by 20 percent through 2011.

On average, the Dow Jones Industrial (DJI.) dropped 19.90 points, or 0.17 percent, to 11,362.19. S & P 500 Index (SPX.) shed 1.59 points or 0.13 percent, to 1,223.12. But the Nasdaq Composite Index (IXIC.) successfully climbed 3.46 points, or 0.13 percent, to 2,594.92.

The trading volume registered 6.27 billion shares traded on the New York Stock Exchange, sedangan American Stock Exchange and Nasdaq, well below the average of 8.62. The decline in the New York Stock Exchange from 1500 to 1467 levels, down to the ratio of 4 to 3. (GoFinance)