Tuesday, April 12, 2011

::Mining Sector Drag Down IHSG 26 Points>>

Go Finance Reporting in JAKARTA - Composite Stock Price Index (IHSG) closed down 26 points at the end of trading this time. The weakening stock index is similar to a compact index of Asia weakened.

IHSG, in late trading Tuesday (04/12/2011) fell 26.6 points or 0.7 percent to 3719.23. LQ45 down 5.61 points, or 0.8 percent to 664.9 and the Jakarta Islamic Index (JII) fell 5.02 points, or 1.0 percent, to 518.21.

Asian indices still look "inflamed" on this afternoon. The Hang Seng fell 326.7 points to 23,976, the Nikkei sinkhole 164.44 points, or 9555.26 and Straits Times fell 22.44 points to 3138.

Supporting sector stock index rose looks compact. Plantation sector, down 22.35 points, or 1.0 percent, mining sector, down 47.22 points, or 1.5 percent and the financial sector fell 2.41 points, or 0.5 percent.

The value of transactions recorded at Rp3, 7 trillion, with a volume of 2.6 billion shares. A total of 160 shares fell, 80 stocks advanced and 81 shares remain stagnant.

Stocks that move down (top lossers) is PT Bayan Resources Tbk (ITMG) down Rp1.250 to Rp48.100, PT Lion Metal Works Tbk (LION) down Rp900 to Rp4.300 and PT Astra International tbk (ASII) down 650 to Rp56.150.

While stocks are moving to strengthen (Top gainers), among others, PT Multi Bintang Indonesia Tbk (MLBI) rose 1,000 to Rp269.000, PT Supre Cable Manufacturing Corp. Tbk (SCCO) rose Rp250 to Rp2.500 and PT Mayora Indah Tbk (MYOR ) rose Rp250 to Rp11.650. (GoFinance)

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