Thursday, December 16, 2010

::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)

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