Wednesday, March 16, 2011

::Nikkei Up 488 Points, IHSG Just Up 6 Points>>

Go Finance Reporting in JAKARTA - After fluctuating throughout the trade, Composite Stock Price Index (IHSG) finally close higher thin. Increase number of regional indices, including Japan, as well as the release of some issuer's financial statements into positive sentiment this time.

IHSG, in late trading Wednesday (03/16/2011) closed rose 6.99 points, or 0.2 percent, to 3531.28. LQ45 rose 0.18 points, or 0.01 percent, to 629.48, but the Jakarta Islamic Index (JII) fell 0.41 points, or 0.1 percent, to 499.93.

Asian indices this afternoon seem to be rallying the index was led by Japan, the Nikkei rose 488.57 points to 9093.72. The Hang Seng rose 22.63 points to 22,700 and the Straits Times rose 29.64 points to 2975.

While the European index looks stronger this time, the CAC rose 10.39 points to 3789.24, the FTSE rose 1.1 points to 5696.38 and the DAX rose 64.9 points to 6712.56.

Sector indices support this time moving in both directions. Plantation sector rose 30.56 points, or 1.5 percent, mining sector rose 9.94 points, or 0.3 percent, but the infrastructure sector fell 7.69 points, or 1.0 percent.

The volume of transactions recorded 2.8 billion shares worth Rp 3, 75 trillion. As many as 126 stocks advanced, 89 fell and 92 shares of stock to stagnate.

Stocks that move strengthened (Top gainers), among others, PT Bayan Resources Tbk (BYAN) rose 650 to Rp17.700, PT Indomobil Sukses International Tbk (Imas) rose Rp300 to Rp7.500 and PT Asahimas Flat Glass Tbk (AMFG) rose Rp275 to Rp5.100.

Meanwhile, stocks that move down (top lossers), among others, PT Schering Plough Indonesia Tbk (SCPI) down Rp4.000 to Rp28.000, PT Gudang Garam Tbk (GGRM) down Rp1.500 to Rp40.050 and PT Astra International Tbk (ASII) down Rp600 to Rp54.300. (GoFinance)

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