Wednesday, December 15, 2010

::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)

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