Go Finance Reporting in JAKARTA - The rupiah strengthened and were observed moving on the level of Rp8.697 per USD. Positive sentiment strengthened global market makes the rupiah soared follow-up thin.
Amount, according to the exchange rate of Bank Indonesia (BI) on Wednesday (03/31/2011) rose to the level Rp8.709 per USD, compared with the previous trading period of Rp8.715 per USD.
While based on yahoofinance, the rupiah strengthened at the position Rp8.697 per USD with a daily trading range of 0.5-Rp8 Rp8.697 .712,5 per USD. Meanwhile, the euro currency to weaken at the level of 1.4204 per USD, and the yen weakened 82.7750 per USD.
Previously, Indonesian Securities analyst Samuel Lana Soelistianingsih explain the global stock closed up on yesterday's trading, indicating positive sentiment will continue to trade today, including the rupiah. Amount originally predicted to be strengthened to Rp8.700 Rp8.710. (GoFinance)
Thursday, March 31, 2011
Wednesday, March 30, 2011
::Dow Jones Cs Stronger sustained Rising Oil Prices>>
Go Finance Reporting in NEW YORK - The stock market is the United States (U.S.) gained seconded energy sector stocks. Where the current price of crude oil has crossed U.S. $ 100 per barrel level and continue strong.
But the uncertainty of global conditions because of the conflict in Libya and Yemen as well as in Japan's nuclear crisis makes low trading volume recorded.
The trading volume was recorded 6.2 billion shares traded in the composite volume on the New York Stock Exchange, NYSE Amex and Nasdaq. Almost penetrate the lowest level far below the estimated daily average of 8.47 billion last year.
Investors seem to wait and see the expansion of the Japanese earthquake and unrest in the Middle East. "I do not think many people know what to do. They were aware of bullish market conditions will be restrained condition of Japan, but until the disaster investors measurable certainly will not do anything," said Shawn Hackett, president of Hackett Advisors as quoted by Reuters in Boynton Beach, Florida.
"When the market does not know what to do, the index is likely to rise on low volume. Da when uncertainty is increasingly becoming, the trading volume will be high and investors will take action on sales," he added.
Stock-based crude oil industry experienced the highest increase since August 2008. PHLX Oil Services sector index rise 1.9 percent.
"As oil prices climbed on, momentum-based stock purchase of the oil industry will continue to happen. Before the oil back to under USD100 level down, you'll continue to see strong demand for shares of the oil sector," he continued.
Oil had traded near the highest price recently, with the support by the riots in Libya and in countries other oil-exporting countries in the Middle East. U.S. crude oil rose 0.8 percent to USD105 per barrel.
In trading Tuesday (03/29/2011), the Dow Jones industrial rose 81.13 points, or 0.67 percent to 12279.01. Standard & Poor's 500 index rose 9.25 points, or 0.71 percent, to 1319.44. And the Nasdaq rose 26.21 points, or 0.96 percent to 2756.89. (GoFinance)
But the uncertainty of global conditions because of the conflict in Libya and Yemen as well as in Japan's nuclear crisis makes low trading volume recorded.
The trading volume was recorded 6.2 billion shares traded in the composite volume on the New York Stock Exchange, NYSE Amex and Nasdaq. Almost penetrate the lowest level far below the estimated daily average of 8.47 billion last year.
Investors seem to wait and see the expansion of the Japanese earthquake and unrest in the Middle East. "I do not think many people know what to do. They were aware of bullish market conditions will be restrained condition of Japan, but until the disaster investors measurable certainly will not do anything," said Shawn Hackett, president of Hackett Advisors as quoted by Reuters in Boynton Beach, Florida.
"When the market does not know what to do, the index is likely to rise on low volume. Da when uncertainty is increasingly becoming, the trading volume will be high and investors will take action on sales," he added.
Stock-based crude oil industry experienced the highest increase since August 2008. PHLX Oil Services sector index rise 1.9 percent.
"As oil prices climbed on, momentum-based stock purchase of the oil industry will continue to happen. Before the oil back to under USD100 level down, you'll continue to see strong demand for shares of the oil sector," he continued.
Oil had traded near the highest price recently, with the support by the riots in Libya and in countries other oil-exporting countries in the Middle East. U.S. crude oil rose 0.8 percent to USD105 per barrel.
In trading Tuesday (03/29/2011), the Dow Jones industrial rose 81.13 points, or 0.67 percent to 12279.01. Standard & Poor's 500 index rose 9.25 points, or 0.71 percent, to 1319.44. And the Nasdaq rose 26.21 points, or 0.96 percent to 2756.89. (GoFinance)
::G-20 Focus Discuss Foreign Capital Flows>>
Go Finance Reporting in BEIJING - The ministers and monetary policy makers of a group of 20 countries both developed and developing countries (G-20) will attend the meeting in China this week to discuss the challenges facing the world monetary system.
In this meeting, Beijing ruled out talks the value of its currency is still weak. The central bank heads and finance ministers of leading economic group G-20 meet on Thursday (03/31/2011) in the city of Nanjing, China, amid the challenges of the global recovery of the Japanese earthquake and the debt crisis of the Euro Zone. "This is the first time in which a developing country to host the G-20 meeting," the official said France, which currently chair the economic forums such as quoted by AFP.
In the G-20 meeting this time, a number of key figures in world economic policy will also be present as the Minister of Finance of the United States (U.S.), Timothy Geithner, Vice Prime Minister of China Wang Qishan, executive director of the International Monetary Fund (IMF) Dominique Strauss Kahn, and Bank President Robert Zoellick World. China says yuan exchange rate system will not be discussed at the meeting even though critics continue to flood Beijing pegged the yuan is considered too low.
Some people assessing the condition caused Chinese exporters benefited. French President Nicolas Sarkozy said Paris did not expect a decision (China) to the exchange rate regime, but it hopes the Chinese authorities will contribute to the debate about reform of the international monetary system. At a meeting last February in Paris, the G-20 agreed on a series of indicators to measure the economic imbalance between the export of surplus countries like China and countries like the U.S. with the structural deficit.
The indicators that make no such imbalance is the problem of budget deficits, public debt, and savings. While external indicators of concern is the balance of trade and investment flows by taking consideration of the exchange rate, fiscal, and monetary policy. However, China has the largest foreign reserves in the world with a value of more than $ 2, 8 trillion balked at these indicators.
"In Nanjing, the imbalance would not be a major topic of discussion," said one Western diplomat. "On the contrary, China's main concern is the flow of speculative capital and is expected to be a major topic on the agenda of the G-20," the official added.
Like other developing markets, China should feel that they have become victims of the flow of funds seeking short-term gains. It is because return on investment in the land of Panda far above other countries, especially in the U.S. and Europe and other developed countries that tend to slow down. Beijing said that capital flows are even pushing inflation because prices go up and cause social instability, something that is very scared of the Government of China.
Other topics discussed during the Nanjing is the problem of global reserves in which France hoped to play a greater role in helping countries out of financial crisis. According to AFP, the Minister of Finance Geithner is likely to discuss strategic and US-China economic dialogue which is expected to be held next spring.
Meanwhile, French President Nicolas Sarkozy will meet Hu Jintao in Beijing ahead of the meeting in Nanjing. Besides, who also will be discussed is the impact of the earthquake and tsunami in Japan March 11 that destroyed some facilities of the leading automotive and electronics companies.(GoFinance)
In this meeting, Beijing ruled out talks the value of its currency is still weak. The central bank heads and finance ministers of leading economic group G-20 meet on Thursday (03/31/2011) in the city of Nanjing, China, amid the challenges of the global recovery of the Japanese earthquake and the debt crisis of the Euro Zone. "This is the first time in which a developing country to host the G-20 meeting," the official said France, which currently chair the economic forums such as quoted by AFP.
In the G-20 meeting this time, a number of key figures in world economic policy will also be present as the Minister of Finance of the United States (U.S.), Timothy Geithner, Vice Prime Minister of China Wang Qishan, executive director of the International Monetary Fund (IMF) Dominique Strauss Kahn, and Bank President Robert Zoellick World. China says yuan exchange rate system will not be discussed at the meeting even though critics continue to flood Beijing pegged the yuan is considered too low.
Some people assessing the condition caused Chinese exporters benefited. French President Nicolas Sarkozy said Paris did not expect a decision (China) to the exchange rate regime, but it hopes the Chinese authorities will contribute to the debate about reform of the international monetary system. At a meeting last February in Paris, the G-20 agreed on a series of indicators to measure the economic imbalance between the export of surplus countries like China and countries like the U.S. with the structural deficit.
The indicators that make no such imbalance is the problem of budget deficits, public debt, and savings. While external indicators of concern is the balance of trade and investment flows by taking consideration of the exchange rate, fiscal, and monetary policy. However, China has the largest foreign reserves in the world with a value of more than $ 2, 8 trillion balked at these indicators.
"In Nanjing, the imbalance would not be a major topic of discussion," said one Western diplomat. "On the contrary, China's main concern is the flow of speculative capital and is expected to be a major topic on the agenda of the G-20," the official added.
Like other developing markets, China should feel that they have become victims of the flow of funds seeking short-term gains. It is because return on investment in the land of Panda far above other countries, especially in the U.S. and Europe and other developed countries that tend to slow down. Beijing said that capital flows are even pushing inflation because prices go up and cause social instability, something that is very scared of the Government of China.
Other topics discussed during the Nanjing is the problem of global reserves in which France hoped to play a greater role in helping countries out of financial crisis. According to AFP, the Minister of Finance Geithner is likely to discuss strategic and US-China economic dialogue which is expected to be held next spring.
Meanwhile, French President Nicolas Sarkozy will meet Hu Jintao in Beijing ahead of the meeting in Nanjing. Besides, who also will be discussed is the impact of the earthquake and tsunami in Japan March 11 that destroyed some facilities of the leading automotive and electronics companies.(GoFinance)
::Rupiah Limited Weakened>>
Go Finance Reporting in JAKARTA - The rupiah was observed to move down and parked on level Rp8.702 per USD. Although the rupiah weakened, but quite mild due to exchange rate following the strengthening of other Asian currencies.
Amount, according to the exchange rate of Bank Indonesia (BI) on Tuesday (03/30/2011) moves thin to a level of Rp8.715 per USD, compared with the previous trading period of Rp8.712 per USD.
While based on yahoofinance, the rupiah was still in position Rp8.703 per USD with a daily trading range in Rp8.702-Rp8.712 per USD. In addition to dollars, the other major world currencies also strengthened against the dollar moves. The euro rose to 1.4108 per USD, and the pound rose 1.6035 per USD.
Previously, Indonesian Securities analyst Samuel Lana Soelistianingsih explained that foreign exchange reserves rose again, up $ 1 billion a week so that the total international reserves as of March 25 reached USD104, 3 billion.
According to him, there is an additional approximately $ 1 billion in the last week coming into the asset portfolio, namely SBI Rp2, SUN 9 trillion and Rp 5, 7 trillion.
Meanwhile, foreign positions in SBI reached a total of Rp74, 5 billion or approximately 32.4 percent of the total outstanding SBI. While at SUN reach a total of Rp209, 9 billion or approximately 31 percent of the total outstanding government securities. (GoFinance)
Amount, according to the exchange rate of Bank Indonesia (BI) on Tuesday (03/30/2011) moves thin to a level of Rp8.715 per USD, compared with the previous trading period of Rp8.712 per USD.
While based on yahoofinance, the rupiah was still in position Rp8.703 per USD with a daily trading range in Rp8.702-Rp8.712 per USD. In addition to dollars, the other major world currencies also strengthened against the dollar moves. The euro rose to 1.4108 per USD, and the pound rose 1.6035 per USD.
Previously, Indonesian Securities analyst Samuel Lana Soelistianingsih explained that foreign exchange reserves rose again, up $ 1 billion a week so that the total international reserves as of March 25 reached USD104, 3 billion.
According to him, there is an additional approximately $ 1 billion in the last week coming into the asset portfolio, namely SBI Rp2, SUN 9 trillion and Rp 5, 7 trillion.
Meanwhile, foreign positions in SBI reached a total of Rp74, 5 billion or approximately 32.4 percent of the total outstanding SBI. While at SUN reach a total of Rp209, 9 billion or approximately 31 percent of the total outstanding government securities. (GoFinance)
::IHSG Step Toward 3700 Level>>
Go Finance Reporting in JAKARTA - Composite Stock Price Index (IHSG) was observed to still continued to strengthen at the close of trading this afternoon, not much different from the closing session this afternoon.
IHSG Wednesday (03/30/2011) recorded rose 49.46 points, or by 1.38 percent to 3640.98 position. While the LQ45 index rose 8.74 points to 650.88, and the Jakarta Islamic Index (JII) rose 8.44 points to 510.86.
The total transaction value was recorded at Rp4, 416 trillion, with a volume of 3.5 billion shares. As many as 156 stocks advanced, 68 stocks fell, and 85 shares remain stagnant.
Shares rose among PT Dian Swastatika Sentosa Tbk (DSSA) rose Rp4.050 to Rp31.000, PT Multi Breeder MULTIBREEDER Indonesia Tbk (MBAI) rose Rp2.450 to Rp17.950, PT Astra International Tbk (ASII) rose Rp1. 550 to Rp56.250.
Meanwhile, shares of which fell PT Bayan Resources Tbk (ITMG) down Rp350 to Rp46.950, PT Adira Dinamika Tbk (ADMF) down Rp250 to Rp11.050, and PT Indo-Rama Synthetics Tbk (INDR) down 150 to Rp2. 650. (GoFinance)
IHSG Wednesday (03/30/2011) recorded rose 49.46 points, or by 1.38 percent to 3640.98 position. While the LQ45 index rose 8.74 points to 650.88, and the Jakarta Islamic Index (JII) rose 8.44 points to 510.86.
The total transaction value was recorded at Rp4, 416 trillion, with a volume of 3.5 billion shares. As many as 156 stocks advanced, 68 stocks fell, and 85 shares remain stagnant.
Shares rose among PT Dian Swastatika Sentosa Tbk (DSSA) rose Rp4.050 to Rp31.000, PT Multi Breeder MULTIBREEDER Indonesia Tbk (MBAI) rose Rp2.450 to Rp17.950, PT Astra International Tbk (ASII) rose Rp1. 550 to Rp56.250.
Meanwhile, shares of which fell PT Bayan Resources Tbk (ITMG) down Rp350 to Rp46.950, PT Adira Dinamika Tbk (ADMF) down Rp250 to Rp11.050, and PT Indo-Rama Synthetics Tbk (INDR) down 150 to Rp2. 650. (GoFinance)
Tuesday, March 29, 2011
::Marriott & Halliburton shares Make Wall Street Collapsing>>
Go Finance Reporting in NEW YORK - Stocks on Wall Street fell on Monday as the outlook for corporate earnings in the future is not satisfactory. In addition to market uncertainty that continues to crawl from abroad, so that the volume reached its lowest level.
Dow Jones Industrial (DJI) lost 22.71 points, or 0.19 percent to 12197.88 position. Standard & Poor's 500 Index's (SPX) fell 3.61 points, or 0.27 percent to 1310.19. While the Nasdaq Composite Index (IXIC) dropped 12.38 points, or 0.45 percent, to 2730.68.
This weakening of one of them supported when the warnings from companies engaged in hospitality service Marriott hotel that is injured. And other consumer stocks during the regular session is also not as expected, followed the announcement of oilfield service companies (HAL.N) Halliburton Co. that its first quarter earnings could be cut.
"A quarter of the outlook for companies is not good now, but I think there will be many surprises, the latest from Halliburton," said Co-Manager of trading at Themis Trading in Chatham, New Jersey, Joe Saluzzi, quoted by Reuters on Tuesday (03 / 29 / 2011).
He said, among the major issues facing towards the next quarter earnings are geopolitical problems originating from North Africa and the Middle East, after the occurrence of natural disasters and Japan's nuclear crisis, and rising input costs.
"If companies can not pass along price increases, we will see some problems and this company's revenue will begin to have problems. Unless they pass it and then we have to sacrifice inflation," said Saluzzi.
Known, the shares of Marriott International (MAR.N) fell 6.3 percent to USD35, 30 during the regular session. Meanwhile, Halliburton shares fell 1.9 percent to USD47 after closing.
These stocks were largely eroded the positive sentiment, with the S & P 500 hit a session peak close to 1320 for consecutive sessions. Driven by strength in the telecommunications sector and consumer spending data. (GoFinance)
Dow Jones Industrial (DJI) lost 22.71 points, or 0.19 percent to 12197.88 position. Standard & Poor's 500 Index's (SPX) fell 3.61 points, or 0.27 percent to 1310.19. While the Nasdaq Composite Index (IXIC) dropped 12.38 points, or 0.45 percent, to 2730.68.
This weakening of one of them supported when the warnings from companies engaged in hospitality service Marriott hotel that is injured. And other consumer stocks during the regular session is also not as expected, followed the announcement of oilfield service companies (HAL.N) Halliburton Co. that its first quarter earnings could be cut.
"A quarter of the outlook for companies is not good now, but I think there will be many surprises, the latest from Halliburton," said Co-Manager of trading at Themis Trading in Chatham, New Jersey, Joe Saluzzi, quoted by Reuters on Tuesday (03 / 29 / 2011).
He said, among the major issues facing towards the next quarter earnings are geopolitical problems originating from North Africa and the Middle East, after the occurrence of natural disasters and Japan's nuclear crisis, and rising input costs.
"If companies can not pass along price increases, we will see some problems and this company's revenue will begin to have problems. Unless they pass it and then we have to sacrifice inflation," said Saluzzi.
Known, the shares of Marriott International (MAR.N) fell 6.3 percent to USD35, 30 during the regular session. Meanwhile, Halliburton shares fell 1.9 percent to USD47 after closing.
These stocks were largely eroded the positive sentiment, with the S & P 500 hit a session peak close to 1320 for consecutive sessions. Driven by strength in the telecommunications sector and consumer spending data. (GoFinance)
::China Construction Bank Profit Up 26%>>
Go Finance Reporting in BEIJING - China Construction Bank (CCB) said that corporate profits rose 26 percent from a year ago on the back of higher interest income and commissions.
As reported by AFP on Monday (03/28/2011) earnings growth as much as two-fold increase at 15 percent in 2009 which showed that CCB business back on a good momentum after the global financial crisis.
Nevertheless, the bank said loan growth would slow this year as Beijing steps attempt to cool the economy and fight inflation.
This red plates bank said that net income for 2010 increased 134.84 billion yuan from the previous year is 106.76 billion yuan.
Net interest income rose 19 percent to 251.50 billion yuan, while net fee and commission income jumped 38 percent to 66.13 billion yuan.
Looking ahead, the bank said China's economic base shifts from investment and exports aim of increasing consumption will provide opportunities and challenges.
"On the positive side, China relaxed restrictions in the face of the bank is to provide comprehensive operations excellent opportunities for banks to develop new business," he said.
According to him, is to accelerate the liberalization of interest rates and exchange rates will also give banks greater freedom to financial innovation. On the negative side, expansion of liability become more difficult due to tight liquidity and capital market stable.
China Construction Bank is the country's biggest lenders to home buyers, in addition, China Construction Bank also targets credit growth in the domestic market this year could reach 13 percent.
For your information, China has raised interest rates three times in recent months and repeatedly raise the amount of money banks as permanent reserves in an effort to control soaring prices, which feared leaders can generate social unrest.
In addition, loans to real estate industry grew 12 percent last year compared with in 2009 that is equal to 19 percent. Total nonperforming loan ratio fell to 1.14 percent from 1.50 percent the previous year.
"In addition, the bank continues to increase its subscriber base, with new loans mainly target the key customers with solid financial strength and high qualifications in areas where property prices are stable," he concluded.
The Government has implemented several measures to keep the red hot property market, including prohibition of purchases of second homes in several towns and property tax session in Shanghai and mega-southwest Chongqing Municipality. (GoFinance)
As reported by AFP on Monday (03/28/2011) earnings growth as much as two-fold increase at 15 percent in 2009 which showed that CCB business back on a good momentum after the global financial crisis.
Nevertheless, the bank said loan growth would slow this year as Beijing steps attempt to cool the economy and fight inflation.
This red plates bank said that net income for 2010 increased 134.84 billion yuan from the previous year is 106.76 billion yuan.
Net interest income rose 19 percent to 251.50 billion yuan, while net fee and commission income jumped 38 percent to 66.13 billion yuan.
Looking ahead, the bank said China's economic base shifts from investment and exports aim of increasing consumption will provide opportunities and challenges.
"On the positive side, China relaxed restrictions in the face of the bank is to provide comprehensive operations excellent opportunities for banks to develop new business," he said.
According to him, is to accelerate the liberalization of interest rates and exchange rates will also give banks greater freedom to financial innovation. On the negative side, expansion of liability become more difficult due to tight liquidity and capital market stable.
China Construction Bank is the country's biggest lenders to home buyers, in addition, China Construction Bank also targets credit growth in the domestic market this year could reach 13 percent.
For your information, China has raised interest rates three times in recent months and repeatedly raise the amount of money banks as permanent reserves in an effort to control soaring prices, which feared leaders can generate social unrest.
In addition, loans to real estate industry grew 12 percent last year compared with in 2009 that is equal to 19 percent. Total nonperforming loan ratio fell to 1.14 percent from 1.50 percent the previous year.
"In addition, the bank continues to increase its subscriber base, with new loans mainly target the key customers with solid financial strength and high qualifications in areas where property prices are stable," he concluded.
The Government has implemented several measures to keep the red hot property market, including prohibition of purchases of second homes in several towns and property tax session in Shanghai and mega-southwest Chongqing Municipality. (GoFinance)
::Stronger, Rupiah Almost Translucent Psychological Level>>
Go Finance Reporting in JAKARTA - The rupiah strengthened to move almost penetrate the psychological level Rp8.700 per USD. This strengthening of the dollar because the United States (U.S.) looked under pressure and weakened.
Amount, according to the exchange rate of Bank Indonesia (BI) on Tuesday (03/29/2011) moves to strengthen to the level Rp8.712 per USD, compared with the previous trading period Rp8.718 per USD.
Meanwhile, according yahoofinance, the rupiah this time is in a position Rp8.703 per USD with a daily trading range in Rp8.702-8718 per USD. In addition to dollars, the other major world currencies also strengthened against the dollar moves. The euro rose to 1.4148 per USD, the yen strengthened and pounds 81.715 per U.S. $ 1.6035 per USD strengthened.
Samuel Analysis Securities Indonesia lana Soelistianingsih explaining consumer spending in the U.S. continues to strengthen. Consumer spending (consumer spending) in the U.S. for February increased 0.7 percent mom above consensus expectations of 0.5 percent in line with increased revenue 0.3 percent seebsar mom and declining unemployment.
At the same time, prices have increased at 1.6 percent yoy in February, up from 1.2 percent yoy in January. Meanwhile, core inflation rose 0.2 percent mom or 0.9 percent yoy in February. The increase in private consumption this gives a positive sentiment since February not including shopping season for U.S. society.
This increase also reduces the concern of possible reduction in private consumption due to rising food and fuel prices. Consumption of this community have an important role in the U.S. economy, which contribute about 70 percent of U.S. GDP. (GoFinance)
Amount, according to the exchange rate of Bank Indonesia (BI) on Tuesday (03/29/2011) moves to strengthen to the level Rp8.712 per USD, compared with the previous trading period Rp8.718 per USD.
Meanwhile, according yahoofinance, the rupiah this time is in a position Rp8.703 per USD with a daily trading range in Rp8.702-8718 per USD. In addition to dollars, the other major world currencies also strengthened against the dollar moves. The euro rose to 1.4148 per USD, the yen strengthened and pounds 81.715 per U.S. $ 1.6035 per USD strengthened.
Samuel Analysis Securities Indonesia lana Soelistianingsih explaining consumer spending in the U.S. continues to strengthen. Consumer spending (consumer spending) in the U.S. for February increased 0.7 percent mom above consensus expectations of 0.5 percent in line with increased revenue 0.3 percent seebsar mom and declining unemployment.
At the same time, prices have increased at 1.6 percent yoy in February, up from 1.2 percent yoy in January. Meanwhile, core inflation rose 0.2 percent mom or 0.9 percent yoy in February. The increase in private consumption this gives a positive sentiment since February not including shopping season for U.S. society.
This increase also reduces the concern of possible reduction in private consumption due to rising food and fuel prices. Consumption of this community have an important role in the U.S. economy, which contribute about 70 percent of U.S. GDP. (GoFinance)
Monday, March 28, 2011
::China Construction Bank Profit Up 26%>>
Go Finance Reporting in BEIJING - China Construction Bank (CCB) said that corporate profits rose 26 percent from a year ago on the back of higher interest income and commissions.
As reported by AFP on Monday (03/28/2011) earnings growth as much as two-fold increase at 15 percent in 2009 which showed that CCB business back on a good momentum after the global financial crisis.
Nevertheless, the bank said loan growth would slow this year as Beijing steps attempt to cool the economy and fight inflation.
This red plates bank said that net income for 2010 increased 134.84 billion yuan from the previous year is 106.76 billion yuan.
Net interest income rose 19 percent to 251.50 billion yuan, while net fee and commission income jumped 38 percent to 66.13 billion yuan.
Looking ahead, the bank said China's economic base shifts from investment and exports aim of increasing consumption will provide opportunities and challenges.
"On the positive side, China relaxed restrictions in the face of the bank is to provide comprehensive operations excellent opportunities for banks to develop new business," he said.
According to him, is to accelerate the liberalization of interest rates and exchange rates will also give banks greater freedom to financial innovation. On the negative side, expansion of liability become more difficult due to tight liquidity and capital market stable.
China Construction Bank is the country's biggest lenders to home buyers, in addition, China Construction Bank also targets credit growth in the domestic market this year could reach 13 percent.
For your information, China has raised interest rates three times in recent months and repeatedly raise the amount of money banks as permanent reserves in an effort to control soaring prices, which feared leaders can generate social unrest.
In addition, loans to real estate industry grew 12 percent last year compared with in 2009 that is equal to 19 percent. Total nonperforming loan ratio fell to 1.14 percent from 1.50 percent the previous year.
"In addition, the bank continues to increase its subscriber base, with new loans mainly target the key customers with solid financial strength and high qualifications in areas where property prices are stable," he concluded.
The Government has implemented several measures to keep the red hot property market, including prohibition of purchases of second homes in several towns and property tax session in Shanghai and mega-southwest Chongqing Municipality. (GoFinance)
As reported by AFP on Monday (03/28/2011) earnings growth as much as two-fold increase at 15 percent in 2009 which showed that CCB business back on a good momentum after the global financial crisis.
Nevertheless, the bank said loan growth would slow this year as Beijing steps attempt to cool the economy and fight inflation.
This red plates bank said that net income for 2010 increased 134.84 billion yuan from the previous year is 106.76 billion yuan.
Net interest income rose 19 percent to 251.50 billion yuan, while net fee and commission income jumped 38 percent to 66.13 billion yuan.
Looking ahead, the bank said China's economic base shifts from investment and exports aim of increasing consumption will provide opportunities and challenges.
"On the positive side, China relaxed restrictions in the face of the bank is to provide comprehensive operations excellent opportunities for banks to develop new business," he said.
According to him, is to accelerate the liberalization of interest rates and exchange rates will also give banks greater freedom to financial innovation. On the negative side, expansion of liability become more difficult due to tight liquidity and capital market stable.
China Construction Bank is the country's biggest lenders to home buyers, in addition, China Construction Bank also targets credit growth in the domestic market this year could reach 13 percent.
For your information, China has raised interest rates three times in recent months and repeatedly raise the amount of money banks as permanent reserves in an effort to control soaring prices, which feared leaders can generate social unrest.
In addition, loans to real estate industry grew 12 percent last year compared with in 2009 that is equal to 19 percent. Total nonperforming loan ratio fell to 1.14 percent from 1.50 percent the previous year.
"In addition, the bank continues to increase its subscriber base, with new loans mainly target the key customers with solid financial strength and high qualifications in areas where property prices are stable," he concluded.
The Government has implemented several measures to keep the red hot property market, including prohibition of purchases of second homes in several towns and property tax session in Shanghai and mega-southwest Chongqing Municipality. (GoFinance)
::Nuclear Crisis, Potential of Renewable Energy Clear>>
Go Finance Reporting in LONDON - Japan's nuclear crisis and oil prices rose above USD100 per barrel resulting in global renewable energy industry is needed.
As reported by the Reuters site, on Monday (3/28/2011) Renewable Energy Director of Pricewaterhouse Coopers (PwC), Ronan O'Regan said the potential loss of investment interest in nuclear force entry of low-carbon energy investments in the other, so that is where the growth of renewable energy investments.
Renewable energy investments are expected to take the momentum when the number of deals in green energy projects rose 66 percent in 2010, although the value of total investment declined by 32 percent to USD334 billion.
"If the nuclear investment was delayed as we see today. reserve the best scenario is the person directing some of their low-carbon investment into renewable energy," said O'Regan.
The ongoing unrest in the Middle East and the war in Libya has encouraged concern about further oil supply constraints, which in turn raised the price of Brent oil to a level close to USD120 per barrel.
"In general, high oil prices should be good news for renewable energy because they create a level of subsidy needed to encourage investment (in green energy) is lower," he explained.
Several renewable energy companies, such as Germany's SolarWorld (SWVG.DE) that produce photovoltaic technology, said it expects rapid growth in demand as a result of a higher rate of return after the incident in Japan.
"In the long run, nuclear use might be normal again. So that would compete with renewable energy, nuclear will compete again," he concluded. (GoFinance)
As reported by the Reuters site, on Monday (3/28/2011) Renewable Energy Director of Pricewaterhouse Coopers (PwC), Ronan O'Regan said the potential loss of investment interest in nuclear force entry of low-carbon energy investments in the other, so that is where the growth of renewable energy investments.
Renewable energy investments are expected to take the momentum when the number of deals in green energy projects rose 66 percent in 2010, although the value of total investment declined by 32 percent to USD334 billion.
"If the nuclear investment was delayed as we see today. reserve the best scenario is the person directing some of their low-carbon investment into renewable energy," said O'Regan.
The ongoing unrest in the Middle East and the war in Libya has encouraged concern about further oil supply constraints, which in turn raised the price of Brent oil to a level close to USD120 per barrel.
"In general, high oil prices should be good news for renewable energy because they create a level of subsidy needed to encourage investment (in green energy) is lower," he explained.
Several renewable energy companies, such as Germany's SolarWorld (SWVG.DE) that produce photovoltaic technology, said it expects rapid growth in demand as a result of a higher rate of return after the incident in Japan.
"In the long run, nuclear use might be normal again. So that would compete with renewable energy, nuclear will compete again," he concluded. (GoFinance)
::Thin corrected, IHSG Back on Top 3600>>
Go Finance Reporting JAKARTA - Composite Stock Price Index (IHSG) is closed this afternoon had not moved from the weakening of the index since this morning. Asian stocks that dropped willy-nilly dragged the index, despite the weakening of the index is relatively small.
IHSG Monday (03/28/2011) afternoon monitored corrected slightly by 4.25 points, or 0.12 percent to 3602.86. While the LQ45 index fell 2.25 points to 645.31, and the Jakarta Islamic Index (JII) fell 5.24 to 509.30.
The value of the transaction until this afternoon amounted to Rp2, 541 trillion, with a volume of 1.93 billion shares. Where listed shares rose 111, 105 shares weak, and 87 shares remain stagnant.
Asian stocks listed park in the red line, led by the weakening of the Hang Seng index which fell by 90.48 points, Nikkei 225 fell 57.60 points, and Straits Times fell 7.16 points. So that makes the shares in the domestic sector moves mixed.
Therefore, stocks that gained include PT Astra Agro Lestari Tbk (AALI) rose Rp450 to Rp22.850, PT Dian Swastatika Sentausa Tbk (DSSA) rose Rp450 to Rp26.950, PT BFI Finance Tbk (BFin) rose Rp250 to Rp3.250, and PT Indocement Tbk (INTP) rose 200 to Rp15.900.
While the stock is weaker among PT Bayan Resources Tbk (ITMG) down Rp1.850 to Rp46.550, PT Indosprings Tbk (inds) down Rp1.400 to Rp8.700, and PT Astra International Tbk (ASII) dropped 1,000 to position Rp56.900. (GoFinance)
IHSG Monday (03/28/2011) afternoon monitored corrected slightly by 4.25 points, or 0.12 percent to 3602.86. While the LQ45 index fell 2.25 points to 645.31, and the Jakarta Islamic Index (JII) fell 5.24 to 509.30.
The value of the transaction until this afternoon amounted to Rp2, 541 trillion, with a volume of 1.93 billion shares. Where listed shares rose 111, 105 shares weak, and 87 shares remain stagnant.
Asian stocks listed park in the red line, led by the weakening of the Hang Seng index which fell by 90.48 points, Nikkei 225 fell 57.60 points, and Straits Times fell 7.16 points. So that makes the shares in the domestic sector moves mixed.
Therefore, stocks that gained include PT Astra Agro Lestari Tbk (AALI) rose Rp450 to Rp22.850, PT Dian Swastatika Sentausa Tbk (DSSA) rose Rp450 to Rp26.950, PT BFI Finance Tbk (BFin) rose Rp250 to Rp3.250, and PT Indocement Tbk (INTP) rose 200 to Rp15.900.
While the stock is weaker among PT Bayan Resources Tbk (ITMG) down Rp1.850 to Rp46.550, PT Indosprings Tbk (inds) down Rp1.400 to Rp8.700, and PT Astra International Tbk (ASII) dropped 1,000 to position Rp56.900. (GoFinance)
::Rupiah weakened to Rp8.718/USD>>
Go Finance Reporting in JAKARTA - The rupiah exchange rate to move lower amid dollar exchange rate movements the United States (U.S.), which tend to move a number of currencies mixed against other countries.
Amount, according to the exchange rate of Bank Indonesia (BI) on Monday (03/28/2011) moves to weaken to Rp8.718 per USD compared to the previous day's trading at Rp8.708 per USD. Meanwhile, according yahoofinance, the rupiah was parked in Rp8.712, 5 per USD with a daily trading range of 0.5 to 8 .722,5 Rp8.705 per USD.
Right now the U.S. dollar exchange rate moves mixed on a number of major world currencies. The euro weakened to 1.4065 per USD, the yen rose to 81.7650 per USD and pound weakened to 1.5970 per U.S. dollar.
Indonesian Securities analyst Samuel Lana Soelistianingsih in his research to explain that this is due to the regular press conference in 2011, is to increase the transparency of Fed policy.
The first press conference will be conducted after the FOMC meeting 26-27 April. On occasion, the Fed will deliver a step further policy of quantitative easing post-II worth $ 600 billion is estimated to be completed next June.
Habits held a press conference after a meeting of the central bank has never been done before by the Fed, but usually done by the central bank of the European Union, Japan, Canada and the UK. Usually the Fed deliver testimony to Congress and a special interview. This press conference will be a moment awaited by global market participants related to the U.S. and global economy forward. (GoFinance)
Amount, according to the exchange rate of Bank Indonesia (BI) on Monday (03/28/2011) moves to weaken to Rp8.718 per USD compared to the previous day's trading at Rp8.708 per USD. Meanwhile, according yahoofinance, the rupiah was parked in Rp8.712, 5 per USD with a daily trading range of 0.5 to 8 .722,5 Rp8.705 per USD.
Right now the U.S. dollar exchange rate moves mixed on a number of major world currencies. The euro weakened to 1.4065 per USD, the yen rose to 81.7650 per USD and pound weakened to 1.5970 per U.S. dollar.
Indonesian Securities analyst Samuel Lana Soelistianingsih in his research to explain that this is due to the regular press conference in 2011, is to increase the transparency of Fed policy.
The first press conference will be conducted after the FOMC meeting 26-27 April. On occasion, the Fed will deliver a step further policy of quantitative easing post-II worth $ 600 billion is estimated to be completed next June.
Habits held a press conference after a meeting of the central bank has never been done before by the Fed, but usually done by the central bank of the European Union, Japan, Canada and the UK. Usually the Fed deliver testimony to Congress and a special interview. This press conference will be a moment awaited by global market participants related to the U.S. and global economy forward. (GoFinance)
Sunday, March 27, 2011
::Total disbursed Rp38 trillion for the Mahakam block>>
Go Finance Reporting in JAKARTA - Total E & P Indonesie, along with partner Inpex said the issuance of investment for projects in the Mahakam block reaches $ 4, 21 billion or approximately Rp38 trillion.
"Until 2017, we plan to continue to invest for USD16, 500 billion (Rp148 trillion) in PSC Mahakam. After 2017, to maintain production, required an additional investment of $ 7 billion (Rp60 trillion)," said President Director General and GM Total E & P Indonesie Elizabeth Proust as quoted from the official website of the Ministry of Energy and Mineral Resources in Jakarta, Sunday (03/27/2011).
Funds amounting to Rp38 trillion was used to build a gas and condensate field Tunu stages 11, 12, 13A, PECIKO Master Theses 6 and accommodation facilities SPU field. The project had been inaugurated by the Minister of Energy and Mineral Resources Darwin Zahedy Saleh on Saturday (03/26/2011).
Proust said, the projects of low pressure gas in Tunu and PECIKO Master Theses will be able to encourage the production of gas at low pressure as much as 1900 mmscfd of total gas production total of 2,500 mmscfd.
PECIKO Master Theses Tunu field and this has been in operation several years ago. Tunu field production started in 1990. The development phase of 11 (Tunu 11) consists of the installation of compression facilities Low Presure (LP) in the South and Tunu Tunu North. 2011 Tunu Production began in late 2009.
Tunu phase 12 (Tunu 12) consists of three GTS construction and well head in a modular platform that is connected to production facilities and test headers. Third GTS ready to be drilled in 2009. While Tunu 13 is the addition of 2 GTS with a similar design Tunu 12.
While PECIKO Master Theses start production in late 1990. PECIKO Master Theses development phase 6 (PECIKO Master Theses 6) which was inaugurated Minister of Energy and Mineral Resources is developing the installation of compression facilities LP and modification of six well head platforms on the Ground PECIKO Master Theses from the Mahakam block. (GoFinance)
"Until 2017, we plan to continue to invest for USD16, 500 billion (Rp148 trillion) in PSC Mahakam. After 2017, to maintain production, required an additional investment of $ 7 billion (Rp60 trillion)," said President Director General and GM Total E & P Indonesie Elizabeth Proust as quoted from the official website of the Ministry of Energy and Mineral Resources in Jakarta, Sunday (03/27/2011).
Funds amounting to Rp38 trillion was used to build a gas and condensate field Tunu stages 11, 12, 13A, PECIKO Master Theses 6 and accommodation facilities SPU field. The project had been inaugurated by the Minister of Energy and Mineral Resources Darwin Zahedy Saleh on Saturday (03/26/2011).
Proust said, the projects of low pressure gas in Tunu and PECIKO Master Theses will be able to encourage the production of gas at low pressure as much as 1900 mmscfd of total gas production total of 2,500 mmscfd.
PECIKO Master Theses Tunu field and this has been in operation several years ago. Tunu field production started in 1990. The development phase of 11 (Tunu 11) consists of the installation of compression facilities Low Presure (LP) in the South and Tunu Tunu North. 2011 Tunu Production began in late 2009.
Tunu phase 12 (Tunu 12) consists of three GTS construction and well head in a modular platform that is connected to production facilities and test headers. Third GTS ready to be drilled in 2009. While Tunu 13 is the addition of 2 GTS with a similar design Tunu 12.
While PECIKO Master Theses start production in late 1990. PECIKO Master Theses development phase 6 (PECIKO Master Theses 6) which was inaugurated Minister of Energy and Mineral Resources is developing the installation of compression facilities LP and modification of six well head platforms on the Ground PECIKO Master Theses from the Mahakam block. (GoFinance)
Saturday, March 26, 2011
::World Oil Tap Highest Score This Week>>
Go Finance Reporting in NEW YORK-Oil prices soared to the highest place this week, some economists say the world will continue to rise in Japan caused by disasters and conflict in the Middle East.
Benchmark crude oil from West Texas Intermediate (WTI) for May delivery closed at around USD105, 40 per barrel, down 20 cents from the previous and still rise four percent this week, after on Wednesday reached USD105, 75 per barrel, and the highest since September 2008.
This forced the price of gasoline fuel vehicles follow these price increases, with average increases of $ 3, 561 per gallon, this represents the highest increase for this year. While in Alaska and Hawaii prices already above $ 4 per gallon.
United States Energy Information Administration explains the price of fuel will continue despite higher U.S. oil inventories are sufficient to meet demand during the 54 days, as quoted by the AP, Saturday (03/26/2011).
Besides the many suspected the use of crude oil would shrink the global supply current, recorded in 2011 the world will use 88 million barrels per day, up 1.3 million barrels per day from 2010 that is 86.7 million barrels per day. Barclays Capital noted that China's oil demand to grow 15 percent this year.
Analyst and trader Stephen Schork estimates that these concerns have pushed oil higher by USD 20 per barrel in recent weeks. In line with analyst Stephen Sudakshina Unnikrishnan had predicted the benchmark oil price of around USD91-106 per barrel
Sudakshina also explains the major oil producers, Saudi Arabia took steps to cover the increase in oil production capacity lost due to conflict of Libya.
"To meet global demand, Saudi Arabia cut production back up. The production capacity is estimated around five million barrels per day earlier this year," Unnikrishnan said as quoted by AP.
(GoFinance)
Benchmark crude oil from West Texas Intermediate (WTI) for May delivery closed at around USD105, 40 per barrel, down 20 cents from the previous and still rise four percent this week, after on Wednesday reached USD105, 75 per barrel, and the highest since September 2008.
This forced the price of gasoline fuel vehicles follow these price increases, with average increases of $ 3, 561 per gallon, this represents the highest increase for this year. While in Alaska and Hawaii prices already above $ 4 per gallon.
United States Energy Information Administration explains the price of fuel will continue despite higher U.S. oil inventories are sufficient to meet demand during the 54 days, as quoted by the AP, Saturday (03/26/2011).
Besides the many suspected the use of crude oil would shrink the global supply current, recorded in 2011 the world will use 88 million barrels per day, up 1.3 million barrels per day from 2010 that is 86.7 million barrels per day. Barclays Capital noted that China's oil demand to grow 15 percent this year.
Analyst and trader Stephen Schork estimates that these concerns have pushed oil higher by USD 20 per barrel in recent weeks. In line with analyst Stephen Sudakshina Unnikrishnan had predicted the benchmark oil price of around USD91-106 per barrel
Sudakshina also explains the major oil producers, Saudi Arabia took steps to cover the increase in oil production capacity lost due to conflict of Libya.
"To meet global demand, Saudi Arabia cut production back up. The production capacity is estimated around five million barrels per day earlier this year," Unnikrishnan said as quoted by AP.
(GoFinance)
::Nuclear Crisis Not Influence U.S., Wall Street Closed Stronger>>
Go Finance Reporting in NEW YORK - Japan's nuclear crisis and turmoil in the Middle East, does not affect the investor to invest in U.S. shares. Impact on this weekend's Wall Street close higher.
Moreover, who launched the G7 will lead yen had strengthened sharply down due to earthquake and tsunami.
In fact this condition is still not giving a negative sentiment on stocks in the U.S., capable of carrying the Dow Jones rose 50.03 points, or 0.41 percent to 12220.59, the S & P index rose 4.14 points, or 0.32 percent to 1,313.80, while the Nasdaq composite index rose 6.64 points, or 0.24 percent to 2743.06.
As quoted from yahoofinance.com, Saturday (03/26/2011) The most significant increase occurred in the combined share of energy, which reached 0.9 percent increase that was driven by Newfield Exploration (NFX 75.68, +2.91) and Valero Energy (VLO 29.93, +1.14).
While Research In Motion (RIMM 56.89, -7.20) been singled out as the main stock that makes Nasdaq only slightly increased.
(GoFinance)
Moreover, who launched the G7 will lead yen had strengthened sharply down due to earthquake and tsunami.
In fact this condition is still not giving a negative sentiment on stocks in the U.S., capable of carrying the Dow Jones rose 50.03 points, or 0.41 percent to 12220.59, the S & P index rose 4.14 points, or 0.32 percent to 1,313.80, while the Nasdaq composite index rose 6.64 points, or 0.24 percent to 2743.06.
As quoted from yahoofinance.com, Saturday (03/26/2011) The most significant increase occurred in the combined share of energy, which reached 0.9 percent increase that was driven by Newfield Exploration (NFX 75.68, +2.91) and Valero Energy (VLO 29.93, +1.14).
While Research In Motion (RIMM 56.89, -7.20) been singled out as the main stock that makes Nasdaq only slightly increased.
(GoFinance)
Friday, March 25, 2011
::Session I, IHSG Only Stronger Thin>>
Go Finance Reporting in JAKARTA - Composite Stock Price Index (IHSG) rose this afternoon carrying thin on the first session of thin trading stocks close higher than the opening 16 points this morning.
IHSG, Friday (03/25/2011) recorded rose 16.22 points, or by 0.4 percent to 3627.86 position. LQ45 index rose 4.09 points and the Jakarta Islamic Index (JII) rose 3.39 points to 519.04.
The value of the transaction until this afternoon observed Rp2, 15 trillion by volume amounted to 1.42 billion shares. 101 listed stocks rose, 74 stocks fell, and 92 shares remain stagnant.
Stocks that gained include PT Astra International Tbk (ASII) rose Rp1.150 to Rp57.950, PT Bank Mandiri Tbk (BMRI) rose Rp150 to Rp6.300, and PT Gudang Garam Tbk (GGRM) rose Rp100 to Rp42. 750.
While the stocks that fell among PT HM Sampoerna Tbk (HMSP) down 400 to Rp26.000, PT Bayan Resources Tbk (ITMG) down Rp250 to Rp50.400, and PT Mayora Indah Tbk (MYOR) down 200 to Rp9. 700. (GoFinance)
IHSG, Friday (03/25/2011) recorded rose 16.22 points, or by 0.4 percent to 3627.86 position. LQ45 index rose 4.09 points and the Jakarta Islamic Index (JII) rose 3.39 points to 519.04.
The value of the transaction until this afternoon observed Rp2, 15 trillion by volume amounted to 1.42 billion shares. 101 listed stocks rose, 74 stocks fell, and 92 shares remain stagnant.
Stocks that gained include PT Astra International Tbk (ASII) rose Rp1.150 to Rp57.950, PT Bank Mandiri Tbk (BMRI) rose Rp150 to Rp6.300, and PT Gudang Garam Tbk (GGRM) rose Rp100 to Rp42. 750.
While the stocks that fell among PT HM Sampoerna Tbk (HMSP) down 400 to Rp26.000, PT Bayan Resources Tbk (ITMG) down Rp250 to Rp50.400, and PT Mayora Indah Tbk (MYOR) down 200 to Rp9. 700. (GoFinance)
::Again, Gold Price Got New Records!>>
Go Finance Reporting in SINGAPORE - The price of gold back to touch its highest level in USD1.477, 40 per ounce. But after that, the gold price moves back flat.
Achieved record gold prices is a result of concerns over the fiscal stability of the euro zone in which the previous Prime Minister of Portugal to resign because his plan reduces the deficit in the parliamentary opposition.
In addition, geopolitical uncertainty in the Middle East also remains a concern of investors. In which allied forces have intervened Libya, plus more with the crisis in Yemen and Palestine versus Israel news.
As reported by Reuters on Friday (03/25/2011), gold prices edged up by 0.2 percent to USD1.432, 15 per ounce from after hitting a record high at $ 1, 477.40 in the previous session. Meanwhile, gold prices in the futures market fell 0.2 percent to USD1, 432.50.
Then silver prices also rose by 0.4 percent to USD37, 28, down from its peak of $ 38, 13 over 31 years ago. (GoFinance)
Achieved record gold prices is a result of concerns over the fiscal stability of the euro zone in which the previous Prime Minister of Portugal to resign because his plan reduces the deficit in the parliamentary opposition.
In addition, geopolitical uncertainty in the Middle East also remains a concern of investors. In which allied forces have intervened Libya, plus more with the crisis in Yemen and Palestine versus Israel news.
As reported by Reuters on Friday (03/25/2011), gold prices edged up by 0.2 percent to USD1.432, 15 per ounce from after hitting a record high at $ 1, 477.40 in the previous session. Meanwhile, gold prices in the futures market fell 0.2 percent to USD1, 432.50.
Then silver prices also rose by 0.4 percent to USD37, 28, down from its peak of $ 38, 13 over 31 years ago. (GoFinance)
::Standard & Poor Lower Ratings Portugal>>
Go Finance Reporting in NEW YORK - Standard & Poor's lowered the long-term public debt ratings two levels to BBB Portugal from A-.
Quoted by AFP on Friday (03/25/2011), this rank reduction occurs after the risk of government financing and the resignation of prime minister.
"In our view, the increased political uncertainty could hurt market confidence and increase the risk of refinancing in Portugal," said the ratings agency, said in a statement.
Known, short-term credit ratings remain unchanged Portugal at position A-2, but its long-term credit rating dropped two levels from A-to BBB.
For your information, Prime Minister of Portugal Jose Socrates resigned after parliament rejected a new savings package. (GoFinance)
Quoted by AFP on Friday (03/25/2011), this rank reduction occurs after the risk of government financing and the resignation of prime minister.
"In our view, the increased political uncertainty could hurt market confidence and increase the risk of refinancing in Portugal," said the ratings agency, said in a statement.
Known, short-term credit ratings remain unchanged Portugal at position A-2, but its long-term credit rating dropped two levels from A-to BBB.
For your information, Prime Minister of Portugal Jose Socrates resigned after parliament rejected a new savings package. (GoFinance)
Wednesday, March 23, 2011
::Japan Disaster, Losses Reaches USD300 Billion>>
Go Finance Reporting in TOKYO - Japan's economic newspaper, Nihon Keizai Shimbun said the government estimates that economic losses from Japan's earthquake and tsunami could exceed USD300 billion.
Reporting from the Associated Press on Wednesday (03/23/2011), the paper said, Economics Minister Kaoru Yosano will be presenting or proposing a fund of 15 trillion yen to 25 trillion yen (USD185 billion to USD300 billion) at the Cabinet meeting this Wednesday.
As is known, an earthquake measuring 9.0 on the Richter Scale rocked Japan on 11 March, then followed by a tsunami that destroyed the northeast coast of Japan, triggering damage to the reactor nuclear power plant.
The aftermath of the Japanese government to inject funds into the financial system after the fall of the stock in the first two days earlier in the week last March.
A total of 6 trillion yen (USD76 billion), or Rp684 trillion issued bringing the total funds disbursed to stabilize the financial system reached 34 trillion yen. Flushing of funds from the Bank of Japan (BoJ) was also triggered by the strengthening yen has surged through the highest level since the Second World War.
Then the Bank of Japan (BoJ) was also re-pumped 3 trillion yan (USD37 billion) to calm the financial markets are rocked by major earthquakes, tsunamis, and nuclear emergency in Japan.
On Friday, March 18, this step raised a total injection of funds in the money market in the short run since Monday to reach 37 trillion yen. Following its earlier promise to provide funds in large numbers after the disaster. (GoFinance)
Reporting from the Associated Press on Wednesday (03/23/2011), the paper said, Economics Minister Kaoru Yosano will be presenting or proposing a fund of 15 trillion yen to 25 trillion yen (USD185 billion to USD300 billion) at the Cabinet meeting this Wednesday.
As is known, an earthquake measuring 9.0 on the Richter Scale rocked Japan on 11 March, then followed by a tsunami that destroyed the northeast coast of Japan, triggering damage to the reactor nuclear power plant.
The aftermath of the Japanese government to inject funds into the financial system after the fall of the stock in the first two days earlier in the week last March.
A total of 6 trillion yen (USD76 billion), or Rp684 trillion issued bringing the total funds disbursed to stabilize the financial system reached 34 trillion yen. Flushing of funds from the Bank of Japan (BoJ) was also triggered by the strengthening yen has surged through the highest level since the Second World War.
Then the Bank of Japan (BoJ) was also re-pumped 3 trillion yan (USD37 billion) to calm the financial markets are rocked by major earthquakes, tsunamis, and nuclear emergency in Japan.
On Friday, March 18, this step raised a total injection of funds in the money market in the short run since Monday to reach 37 trillion yen. Following its earlier promise to provide funds in large numbers after the disaster. (GoFinance)
::Oil Prices Rise Again to USD105/Barel>>
Go Finance Reporting in NEW YORK - Oil prices rose back to USD105 per barrel due to a series of international crises in the Middle Eastern countries that can export to tighten the global supply at current consumption rises.
Oil prices on the New York Mercantile Exchange for May delivery rose $ 1, 88 so are around USD104, 97 per barrel. Earlier, oil prices on the Nymex market is located at its highest point, USD105, 18 per barrel. While in London, Brent crude oil rose 73 cents to USD115, 64 per barrel.
Observer energy economy continues to consider the influence of the riots in Libya, Bahrain, Yemen and Syria to export oil. Libya as the owner of the largest oil reserves in Africa is almost completely stopped shipping oil. The entry of allied troops will add to the prolonged conflict that would make oil lading offline any longer.
"Tension is still high in the entire Middle East region, so prices will stay above $ 100 per barrel for a while," said energy analyst Phil Flynn of PFG Best quoted as saying by AP.
Iraqi oil minister expects oil prices on Tuesday reached USD120 per barrel. Iraq alone produces about 2.4 million barrels per day
While Sabine Schels energy analyst from Bank of America said Japan will rely on other power plants that use liquid natural gas and oil to replace the loss of its nuclear facilities. Schels predicted that Japan would increase imports of liquefied natural gas amounted to 706 million to 848 million cubic feet per day to replace some of the power loss from the damaged nuclear reactor.
Increased Japanese imports are expected to push the world's liquefied natural gas prices higher, but must be prevented so as not more than USD13 per thousand cubic feet. The price of natural gas to the average for this year of about $ 4, 48 per thousand cubic feet, natural gas for April delivery rose 9.3 cents to $ 4, 254 per thousand cubic feet.
In other Nymex trading, for the April contract, heating oil rose 2.37 cents to $ 3, 0762 per gallon. April contracts for West Texas Intermediate crude oil rose $ 1, 67 to USD104 per barrel. (GoFinance)
Oil prices on the New York Mercantile Exchange for May delivery rose $ 1, 88 so are around USD104, 97 per barrel. Earlier, oil prices on the Nymex market is located at its highest point, USD105, 18 per barrel. While in London, Brent crude oil rose 73 cents to USD115, 64 per barrel.
Observer energy economy continues to consider the influence of the riots in Libya, Bahrain, Yemen and Syria to export oil. Libya as the owner of the largest oil reserves in Africa is almost completely stopped shipping oil. The entry of allied troops will add to the prolonged conflict that would make oil lading offline any longer.
"Tension is still high in the entire Middle East region, so prices will stay above $ 100 per barrel for a while," said energy analyst Phil Flynn of PFG Best quoted as saying by AP.
Iraqi oil minister expects oil prices on Tuesday reached USD120 per barrel. Iraq alone produces about 2.4 million barrels per day
While Sabine Schels energy analyst from Bank of America said Japan will rely on other power plants that use liquid natural gas and oil to replace the loss of its nuclear facilities. Schels predicted that Japan would increase imports of liquefied natural gas amounted to 706 million to 848 million cubic feet per day to replace some of the power loss from the damaged nuclear reactor.
Increased Japanese imports are expected to push the world's liquefied natural gas prices higher, but must be prevented so as not more than USD13 per thousand cubic feet. The price of natural gas to the average for this year of about $ 4, 48 per thousand cubic feet, natural gas for April delivery rose 9.3 cents to $ 4, 254 per thousand cubic feet.
In other Nymex trading, for the April contract, heating oil rose 2.37 cents to $ 3, 0762 per gallon. April contracts for West Texas Intermediate crude oil rose $ 1, 67 to USD104 per barrel. (GoFinance)
::Global Issues Still hits Rupiah>>
Go Finance Reporting in JAKARTA - The rupiah was observed to weaken over the United States dollar (U.S.). Increasingly high price of crude oil as the impact of the riots in Libya, who became a global issue to be the trigger.
Amount according to the exchange rate of Bank Indonesia (BI), Wednesday (03/23/2011) weaker than previously Rp8.710 per USD to as low Rp8.721 per USD.
Meanwhile, according yahoofinance, the rupiah weakened to Rp8.723 per USD with a daily trading range in Rp8.712-Rp8.728 per USD. While other currency exchange rates also appear to erode the U.S. dollar in which the euro weakened to 1.4179 per USD, the yen was also weakened to 80.805 per U.S. dollar.
Samuel Analysis Securities Indonesia, said the U.S. invasion, Britain and France to Libya to make the oil price increase.
For your information, the war in Libya begins with demonstrations railing against regime change, then turned into a civil war and rebellion, and eventually became a global war when rebels ask for foreign intervention.
The attack this coalition makes oil prices rose to levels that began to worry even though Saudi Arabia has agreed to accept the decline in production of Libya. Brent prices closed up to USD115, 83 previously approached the highest level at USD116 per barrel. (GoFinance)
Amount according to the exchange rate of Bank Indonesia (BI), Wednesday (03/23/2011) weaker than previously Rp8.710 per USD to as low Rp8.721 per USD.
Meanwhile, according yahoofinance, the rupiah weakened to Rp8.723 per USD with a daily trading range in Rp8.712-Rp8.728 per USD. While other currency exchange rates also appear to erode the U.S. dollar in which the euro weakened to 1.4179 per USD, the yen was also weakened to 80.805 per U.S. dollar.
Samuel Analysis Securities Indonesia, said the U.S. invasion, Britain and France to Libya to make the oil price increase.
For your information, the war in Libya begins with demonstrations railing against regime change, then turned into a civil war and rebellion, and eventually became a global war when rebels ask for foreign intervention.
The attack this coalition makes oil prices rose to levels that began to worry even though Saudi Arabia has agreed to accept the decline in production of Libya. Brent prices closed up to USD115, 83 previously approached the highest level at USD116 per barrel. (GoFinance)
::IHSG Stronger 38 pts, while the Nikkei weakened>>
Go Finance Reporting in JAKARTA - Composite Stock Price Index (IHSG) moves strengthened in the afternoon this time, despite Japan's Nikkei index seemed to weaken.
IHSG, in late trading Wednesday (03/23/2011) closed rose 38.51 points, or 1.1 percent, to 3556.23. LQ45 rose 9.04 points, or 1.4 percent, to 636.74 and the Jakarta Islamic Index (JII) rose 9.81 points, or 2.0 percent, to 504.77.
While the index of Asia seem to be moving in both directions. The Nikkei fell 158.85 points, or 1.65 percent, to 9449.47 and the Hang Seng fell 32.5 points to 0.14 percent to 22,825, and Straits Times gained 19.44 points, or 0.07 percent, to 3022.19.
While supporting the sector stock index rose looks compact. estate sector rose 24.8 points or 1.2 percent, mining sector rose 28.12 points, or 1.2 per cent and consumption sector rose 13.11 points, AAU 1.2 percent.
The trading volume of 1.99 billion shares worth Rp 3, 5 trillion. As many as 143 stocks advanced, 71 stocks fell and 84m shares stagnated.
Stocks that move strengthened (top Gainer), among others, PT Bayan Resources Tbk (ITMG) rose Rp1.400 to Rp49.800, PT Indosprings Tbk (inds) rose 1,000 to Rp9.500 and PT United Tractors Tbk (UNTR) rose Rp950 to Rp23.200.
While the stock is moving down (top lossers) is PT Shoe Bata Tbk (BATA), down 1,000 to Rp65.000, PT Adira Dinamika Multi Finance Tbk (ADMF) down 200 to Rp10.600, PT Harum Energy Tbk (HRUM) 200 to Rp8.700. (GoFinance)
IHSG, in late trading Wednesday (03/23/2011) closed rose 38.51 points, or 1.1 percent, to 3556.23. LQ45 rose 9.04 points, or 1.4 percent, to 636.74 and the Jakarta Islamic Index (JII) rose 9.81 points, or 2.0 percent, to 504.77.
While the index of Asia seem to be moving in both directions. The Nikkei fell 158.85 points, or 1.65 percent, to 9449.47 and the Hang Seng fell 32.5 points to 0.14 percent to 22,825, and Straits Times gained 19.44 points, or 0.07 percent, to 3022.19.
While supporting the sector stock index rose looks compact. estate sector rose 24.8 points or 1.2 percent, mining sector rose 28.12 points, or 1.2 per cent and consumption sector rose 13.11 points, AAU 1.2 percent.
The trading volume of 1.99 billion shares worth Rp 3, 5 trillion. As many as 143 stocks advanced, 71 stocks fell and 84m shares stagnated.
Stocks that move strengthened (top Gainer), among others, PT Bayan Resources Tbk (ITMG) rose Rp1.400 to Rp49.800, PT Indosprings Tbk (inds) rose 1,000 to Rp9.500 and PT United Tractors Tbk (UNTR) rose Rp950 to Rp23.200.
While the stock is moving down (top lossers) is PT Shoe Bata Tbk (BATA), down 1,000 to Rp65.000, PT Adira Dinamika Multi Finance Tbk (ADMF) down 200 to Rp10.600, PT Harum Energy Tbk (HRUM) 200 to Rp8.700. (GoFinance)
Tuesday, March 22, 2011
::Gold Prices Stable in Midst of Conflict Libya & Nuclear Japan>>
Go Finance Reporting in SINGAPORE - The price of gold moves stable Middle East conflict amid a warming in particular Libya and Japan's efforts to control nuclear radiation.
As quoted by Reuters on Tuesday (03/22/2011), stable gold price is a result of the weakening United States dollar (U.S.) and oil prices due to sentiment that comes from the Middle East and Japan earlier.
The price of gold in the spot market is only moving a thin 0.2 percent to USD1.428, 70 per ounce. While in the futures market, safe-haven commodity prices only rose 0.2 percent to USD1.428, 40 per ounce.
In the early days, the euro has increased against the dollar, so even with the yen also rose against the dollar.
While the stock market in the United States (U.S.) moves rallying on the issue of acquisitions in the telecommunications sector and signs of Japan's nuclear crisis began to be stabilized. Finally, the Dow Jones closed above 12,000 for the first time since the nuclear issue in Japan's huge earthquake and tsunami rolling.
In late trading on Monday (03/21/2011) local time, the Dow Jones rose 178.01 points, or 1.5 percent, to 12036.53. The index has climbed to 3.6 percent over the last three days, this is the biggest leap in a narrow range of time since September last year.
S & P 500 index rose 19.18 points, or 1.5 percent, to 1298.38. And the Nasdaq rose 48.42 points, or 1.8 percent, to 2692.09.
(GoFinance)
As quoted by Reuters on Tuesday (03/22/2011), stable gold price is a result of the weakening United States dollar (U.S.) and oil prices due to sentiment that comes from the Middle East and Japan earlier.
The price of gold in the spot market is only moving a thin 0.2 percent to USD1.428, 70 per ounce. While in the futures market, safe-haven commodity prices only rose 0.2 percent to USD1.428, 40 per ounce.
In the early days, the euro has increased against the dollar, so even with the yen also rose against the dollar.
While the stock market in the United States (U.S.) moves rallying on the issue of acquisitions in the telecommunications sector and signs of Japan's nuclear crisis began to be stabilized. Finally, the Dow Jones closed above 12,000 for the first time since the nuclear issue in Japan's huge earthquake and tsunami rolling.
In late trading on Monday (03/21/2011) local time, the Dow Jones rose 178.01 points, or 1.5 percent, to 12036.53. The index has climbed to 3.6 percent over the last three days, this is the biggest leap in a narrow range of time since September last year.
S & P 500 index rose 19.18 points, or 1.5 percent, to 1298.38. And the Nasdaq rose 48.42 points, or 1.8 percent, to 2692.09.
(GoFinance)
::Finally, the Dow Jones closes firmer 12,000>>
Go Finance Reporting in NEW YORK - The stock market in the United States (U.S.) moves rallying on the issue of acquisitions in the telecommunications sector and signs of Japan's nuclear crisis began to be stabilized. Finally, the Dow Jones closed above 12,000 for the first time since the nuclear issue in Japan's huge earthquake and tsunami rolling.
In the U.S., AT & T Inc. said it would buy rival company, T-Mobile USA with a value of $ 39 billion. This acquisition will create the largest telecommunications companies in the U.S.. In addition, Charles Schwab Corp. said it will buy online brokerage OptionsXpress service provider $ 1 billion.
The existence of corporate acquisition step creates expectations that U.S. companies now running normally in accordance with its business and market players seemed to be more confident about economic recovery.
"You will only expand if you believe the future will be positive," said Avalon Partners chief economist Peter Cardillo, as quoted by Reuters.
In late trading on Monday (03/21/2011) local time, the Dow Jones rose 178.01 points, or 1.5 percent, to 12036.53. The index has climbed to 3.6 percent over the last three days, this is the biggest leap in a narrow range of time since September last year.
S & P 500 index rose 19.18 points, or 1.5 percent, to 1298.38. And the Nasdaq rose 48.42 points, or 1.8 percent, to 2692.09.
Shares of the energy sector also leads the market in gains after oil prices climbed back above USD103 per barrel. Schlumberger Ltd., a company engaged in oil and gas drilling services shares rose 4.4 percent to USD89, 73. While ConocoPhillips rose 2.9 percent to $ 77, 55.
Concerns about Japan's nuclear reactors hit subsided after the Nuclear Regulatory Commission said the situation at the Fukushima nuclear power plant seems to be stabilizing. Where the condition of three of the six reactors are still intact. (GoFinance)
In the U.S., AT & T Inc. said it would buy rival company, T-Mobile USA with a value of $ 39 billion. This acquisition will create the largest telecommunications companies in the U.S.. In addition, Charles Schwab Corp. said it will buy online brokerage OptionsXpress service provider $ 1 billion.
The existence of corporate acquisition step creates expectations that U.S. companies now running normally in accordance with its business and market players seemed to be more confident about economic recovery.
"You will only expand if you believe the future will be positive," said Avalon Partners chief economist Peter Cardillo, as quoted by Reuters.
In late trading on Monday (03/21/2011) local time, the Dow Jones rose 178.01 points, or 1.5 percent, to 12036.53. The index has climbed to 3.6 percent over the last three days, this is the biggest leap in a narrow range of time since September last year.
S & P 500 index rose 19.18 points, or 1.5 percent, to 1298.38. And the Nasdaq rose 48.42 points, or 1.8 percent, to 2692.09.
Shares of the energy sector also leads the market in gains after oil prices climbed back above USD103 per barrel. Schlumberger Ltd., a company engaged in oil and gas drilling services shares rose 4.4 percent to USD89, 73. While ConocoPhillips rose 2.9 percent to $ 77, 55.
Concerns about Japan's nuclear reactors hit subsided after the Nuclear Regulatory Commission said the situation at the Fukushima nuclear power plant seems to be stabilizing. Where the condition of three of the six reactors are still intact. (GoFinance)
::Finally, the Jakarta Composite Index closed down 1 point>>
Go Finance Reporting in JAKARTA - Composite Stock Price Index (IHSG) has finally closed down just one point in the middle plus other Asian indexes.
IHSG, in late trade on Tuesday (03/22/2011) rose 1.125 points to level 3517.721. While LQ 45 down to 0.503 points to 627.700 levels.
Asian indices this afternoon looks verdant. The Nikkei rose as much as 414.01 points to 9620.76, Hang zinc rose 172.68 points to 22857.9 and the Straits Times rose 17.03 points to 3000.54.
Supporting sector stock index was moving in both directions. Estate sector down 2.03 points, or 0.1 percent, mining sector, down 34.99 points, or 1.1 percent and consumption sector rose 5.44 points, or 0.5 percent.
The volume of transactions recorded as many as two billion shares worth Rp 3, 18 trillion, a total of 95 stocks advanced, 101 stocks fell and 92 shares remain stagnant.
Stocks that move down (top lossers) is PT Dian Swastatika Sentosa Tbk (DSSA), down 1,000 to Rp29.000, PT Indosprings Tbk (inds) down Rp200 to Rp8.500 and PT Telekomunikasi Indonesia tbk (TLKM) down 100 to Rp6 .650.
While stocks are moving to strengthen (Top gainers) is PT Bayan Resources Tbk (ITMG) rose Rp500 to Rp48.400, Multibreeder Indonesia Tbk PT (MBAI) rose 300 to Rp12.900 and PT Federal (AUTO) rose Rp250 to Rp13.450. (GoFinance)
IHSG, in late trade on Tuesday (03/22/2011) rose 1.125 points to level 3517.721. While LQ 45 down to 0.503 points to 627.700 levels.
Asian indices this afternoon looks verdant. The Nikkei rose as much as 414.01 points to 9620.76, Hang zinc rose 172.68 points to 22857.9 and the Straits Times rose 17.03 points to 3000.54.
Supporting sector stock index was moving in both directions. Estate sector down 2.03 points, or 0.1 percent, mining sector, down 34.99 points, or 1.1 percent and consumption sector rose 5.44 points, or 0.5 percent.
The volume of transactions recorded as many as two billion shares worth Rp 3, 18 trillion, a total of 95 stocks advanced, 101 stocks fell and 92 shares remain stagnant.
Stocks that move down (top lossers) is PT Dian Swastatika Sentosa Tbk (DSSA), down 1,000 to Rp29.000, PT Indosprings Tbk (inds) down Rp200 to Rp8.500 and PT Telekomunikasi Indonesia tbk (TLKM) down 100 to Rp6 .650.
While stocks are moving to strengthen (Top gainers) is PT Bayan Resources Tbk (ITMG) rose Rp500 to Rp48.400, Multibreeder Indonesia Tbk PT (MBAI) rose 300 to Rp12.900 and PT Federal (AUTO) rose Rp250 to Rp13.450. (GoFinance)
Monday, March 21, 2011
::UN Forces Attack Libya, Oil Price Rise Predicted>>
Go Finance Reporting in SINGAPORE - Sanctions air and sea attacks provided the United Nations (UN) against the Libyan Government troops pushed predicted increase in world oil prices. The impact of the escalation of warfare in Libya beat a decline in demand after the earthquake factor concerns Japan and China's tightening monetary policy.
A fighter of the French fired first attack which is the largest military intervention in the Arab world since the invasion of Iraq 2003. Action was to destroy tanks and armored vehicles in eastern Libya, Benghazi.
As quoted by Reuters, Brent North Sea crude closed at the level of USD113, 93 per barrel late last week has the potential to re-touched its highest level last February, USD119, 79 per barrel. Similarly, U.S. crude oil prices are potentially strengthened so that adds to concerns about global inflation.
"Middle East and North Africa is like a barrel with gunpowder which will eventually burn. Attacks in Libya and sea blockade, was also a problem in Bahrain, which caused tension between Saudi Arabia and Iran, could trigger everything exploded, "said Jonathan Barratt, managing director of Commodity Broking Services.
"If they start to fight each other, it easily will push the market at record highs," he added.
Simmering tensions in the Middle East and North Africa, sparked by a rebellion in Tunisia in January, and spread to other countries such as Egypt, Yemen, Bahrain, and Libya, has triggered oil prices rose 20 percent this year.
Brent crude North Sea almost touched USD120 per barrel in February, its highest level since the spike in 2008. Strengthening the price of Brent oil was suspended in March because of fears of weakening demand caused by the earthquake and tsunami Japan, on Friday last week. Libya is recorded as the largest oil exporter in the world-12 production has dropped dramatically since the riots happened in that country.
Libyan oil production dropped from 1.6 million barrels per day to only 400,000 barrels per day. Oil exports continue to slow and potentially stop along with military action continues. (GoFinance)
A fighter of the French fired first attack which is the largest military intervention in the Arab world since the invasion of Iraq 2003. Action was to destroy tanks and armored vehicles in eastern Libya, Benghazi.
As quoted by Reuters, Brent North Sea crude closed at the level of USD113, 93 per barrel late last week has the potential to re-touched its highest level last February, USD119, 79 per barrel. Similarly, U.S. crude oil prices are potentially strengthened so that adds to concerns about global inflation.
"Middle East and North Africa is like a barrel with gunpowder which will eventually burn. Attacks in Libya and sea blockade, was also a problem in Bahrain, which caused tension between Saudi Arabia and Iran, could trigger everything exploded, "said Jonathan Barratt, managing director of Commodity Broking Services.
"If they start to fight each other, it easily will push the market at record highs," he added.
Simmering tensions in the Middle East and North Africa, sparked by a rebellion in Tunisia in January, and spread to other countries such as Egypt, Yemen, Bahrain, and Libya, has triggered oil prices rose 20 percent this year.
Brent crude North Sea almost touched USD120 per barrel in February, its highest level since the spike in 2008. Strengthening the price of Brent oil was suspended in March because of fears of weakening demand caused by the earthquake and tsunami Japan, on Friday last week. Libya is recorded as the largest oil exporter in the world-12 production has dropped dramatically since the riots happened in that country.
Libyan oil production dropped from 1.6 million barrels per day to only 400,000 barrels per day. Oil exports continue to slow and potentially stop along with military action continues. (GoFinance)
::Positive Asia, IHSG Opened Up 8 Points>>
Go Finance Reporting in JAKARTA - Along with the positive index of Asia, Composite Stock Price Index (IHSG) rallying on the regional sentiment that comes from Japan's nuclear crisis and the crisis of Libya.
IHSG, in trading on Monday (03/21/2011) opened higher 8.24 points, or 0.2 percent, to 3502.31. LQ45 rose 2.03 points, or 0.3 percent, to 623.24 and the Jakarta Islamic Index (JII) rose 2.09 points, or 0.4 percent, to 492.04.
Asia looks compact index rose in the middle of a Japanese stock exchange holiday. The Hang Seng rose 278.08 points to 22,578.3, and the Straits Times rose 25.99 points to 2961.77.
Sector indices majority support moves to strengthen, mining sector rose 8.58 points, or 0.3 percent, the infrastructure sector rose 2.61 points, or 0.4 percent, to 719.73 but the plantation sector fell 11.04 points, or 0.5 percent.
The trading volume was recorded as many as 58.8 million shares amounting to Rp114, 8 billion. A total of 53 stocks advanced, 14 stocks fell and 69 shares remain stagnant.
Stocks that move strengthened (Top gainers) is PT Gudang Garam tbk (GGRM) rose Rp950 to Rp42.700, PT Astra International Tbk (ASII) rose 650 to Rp54.650, and PT Bayan Resources Tbk (ITMG) rose Rp300 to Rp48 .550.
While the stock is moving down (top Losser) are PT Indosat Tbk (ISAT) dropped 50 to Rp5.100, XL Axiata PT Tbk (EXCL) dropped 50 to Rp5.300 and PT Astra Agro Lestari Tbk (AALI) down Rp100 to Rp22. 000. (GoFinance)
IHSG, in trading on Monday (03/21/2011) opened higher 8.24 points, or 0.2 percent, to 3502.31. LQ45 rose 2.03 points, or 0.3 percent, to 623.24 and the Jakarta Islamic Index (JII) rose 2.09 points, or 0.4 percent, to 492.04.
Asia looks compact index rose in the middle of a Japanese stock exchange holiday. The Hang Seng rose 278.08 points to 22,578.3, and the Straits Times rose 25.99 points to 2961.77.
Sector indices majority support moves to strengthen, mining sector rose 8.58 points, or 0.3 percent, the infrastructure sector rose 2.61 points, or 0.4 percent, to 719.73 but the plantation sector fell 11.04 points, or 0.5 percent.
The trading volume was recorded as many as 58.8 million shares amounting to Rp114, 8 billion. A total of 53 stocks advanced, 14 stocks fell and 69 shares remain stagnant.
Stocks that move strengthened (Top gainers) is PT Gudang Garam tbk (GGRM) rose Rp950 to Rp42.700, PT Astra International Tbk (ASII) rose 650 to Rp54.650, and PT Bayan Resources Tbk (ITMG) rose Rp300 to Rp48 .550.
While the stock is moving down (top Losser) are PT Indosat Tbk (ISAT) dropped 50 to Rp5.100, XL Axiata PT Tbk (EXCL) dropped 50 to Rp5.300 and PT Astra Agro Lestari Tbk (AALI) down Rp100 to Rp22. 000. (GoFinance)
Sunday, March 20, 2011
::Coffee Bean Prices Soar, Starbucks Raises Prices>>
Go Finance Reporting in JAKARTA - Starbucks Corp. raised the retail price for each cup of coffee they were up to 12 percent. This was done to cover the cost of coffee beans that have increased.
In addition, the company claims is identical Starbucks green coffee price increase has not been bottled since March 2008. Starbucks said the increase in prices that occurred in the market will absorb the other costs, so that should be taken action on it.
"We continue to monitor and evaluate carefully the coffee price movement, have responded by adjusting prices so that we will balance the needs of coffee so that it can run a business effectively and optimally," said the Starbucks, as quoted by Reuters on Sunday (03/20/2011).
The world's largest coffee Society says that there is an increase in coffee prices to wholesale customers. They are the one who supplies the coffee for the best brands such as Starbucks and Seattle's Coffee.
Starbucks raised the price of coffee became USD9, 99 from the initial price of $ 8, 99. Starbucks itself is known as one of several coffee processing company to raise prices due to the price of coffee beans hit.
The same is said by JM Smucker Co., the manufacturer of Dunkin Donuts. He said coffee prices have increased several times over the last year. Meanwhile, other companies also need coffee beans as a raw material such as Sara Lee and Kraft Foods, has also raised the selling price.
Known, coffee beans, like any other commodity it is experiencing an increase. Various analysts said the increase is due to the game of speculators in the market. (GoFinance)
In addition, the company claims is identical Starbucks green coffee price increase has not been bottled since March 2008. Starbucks said the increase in prices that occurred in the market will absorb the other costs, so that should be taken action on it.
"We continue to monitor and evaluate carefully the coffee price movement, have responded by adjusting prices so that we will balance the needs of coffee so that it can run a business effectively and optimally," said the Starbucks, as quoted by Reuters on Sunday (03/20/2011).
The world's largest coffee Society says that there is an increase in coffee prices to wholesale customers. They are the one who supplies the coffee for the best brands such as Starbucks and Seattle's Coffee.
Starbucks raised the price of coffee became USD9, 99 from the initial price of $ 8, 99. Starbucks itself is known as one of several coffee processing company to raise prices due to the price of coffee beans hit.
The same is said by JM Smucker Co., the manufacturer of Dunkin Donuts. He said coffee prices have increased several times over the last year. Meanwhile, other companies also need coffee beans as a raw material such as Sara Lee and Kraft Foods, has also raised the selling price.
Known, coffee beans, like any other commodity it is experiencing an increase. Various analysts said the increase is due to the game of speculators in the market. (GoFinance)
::Goldman Sachs Buy Back $ 5, 5 Billion Buffett Stocks>>
Go Finance Reporting in NEW YORK - Goldman Sachs will redeem (buy back) shares of billionaire Warren Buffett was worth $ 5, 5 billion. Stocks was originally invested Buffett through Berkshire Hathaway at the peak of the financial crisis of 2008.
Quoted by AFP on Sunday (03/20/2011), Wall Street said the central bank the United States (U.S.) had also given the green light for this year's capital plan.
"The Federal Reserve has concluded that it posed no objection to Goldman Sachs for the capital in 2011, which includes the redemption of 50-thousand shares of preferred stock company owned by Berkshire Hathaway,"said Goldman Sachs in a statement.
Buffett, known as the "Oracle of Omaha" for intelligent investment, invested $ 5 billion in Goldman at the peak of the financial crisis, in which the time signal to Wall Street's confidence is rising.
Known, Goldman pays interest of 10 percent in preferred stocks, so it pays to buy back $ 5, 5 billion and also will pay a one-time dividend of $ 1, 64 billion. Parties Goldman also will make it up on April 18.
For your information, this capital plan, including where there is increased potential common stock dividend on the company. (GoFinance)
Quoted by AFP on Sunday (03/20/2011), Wall Street said the central bank the United States (U.S.) had also given the green light for this year's capital plan.
"The Federal Reserve has concluded that it posed no objection to Goldman Sachs for the capital in 2011, which includes the redemption of 50-thousand shares of preferred stock company owned by Berkshire Hathaway,"said Goldman Sachs in a statement.
Buffett, known as the "Oracle of Omaha" for intelligent investment, invested $ 5 billion in Goldman at the peak of the financial crisis, in which the time signal to Wall Street's confidence is rising.
Known, Goldman pays interest of 10 percent in preferred stocks, so it pays to buy back $ 5, 5 billion and also will pay a one-time dividend of $ 1, 64 billion. Parties Goldman also will make it up on April 18.
For your information, this capital plan, including where there is increased potential common stock dividend on the company. (GoFinance)
Saturday, March 19, 2011
::Gaddafi Make official Black Gold Shrink>>
Go Finance Reporting in LONDON - Oil prices fell today after Libyan leader Moammar Khaddafi said, if it would halt military action in response to a UN resolution for immediate ceasefire.
As quoted by Reuters on Saturday (03/19/2011) Nymex crude oil traded down 69 cents at USD114, 21 per barrel, whereas in the previous session had reached USD117, 29 per barrel.
However Pranci still reminded to continue to be careful because the threat of Libyan soil because Kaddafi more valued than the action rather than words.
The fall in oil prices was driven still volatile situation in Bahrain. Also because of fears of nuclear crisis in Japan that drain to avoid risk sentiment in global financial markets.
MF Global senior commodities analyst Edward Meir said, oil prices have risen too much considering the loss of demand from Japan as the country's oil consumers to-3 after the United States and China. (GoFinance)
As quoted by Reuters on Saturday (03/19/2011) Nymex crude oil traded down 69 cents at USD114, 21 per barrel, whereas in the previous session had reached USD117, 29 per barrel.
However Pranci still reminded to continue to be careful because the threat of Libyan soil because Kaddafi more valued than the action rather than words.
The fall in oil prices was driven still volatile situation in Bahrain. Also because of fears of nuclear crisis in Japan that drain to avoid risk sentiment in global financial markets.
MF Global senior commodities analyst Edward Meir said, oil prices have risen too much considering the loss of demand from Japan as the country's oil consumers to-3 after the United States and China. (GoFinance)
::Wall Street Bullish on Weekends>>
Go Finance Reporting in NEW YORK - U.S. stocks ended the week with a stronger, although a number of factors still confuse market participants.
Factors affecting, among other Middle East political situation and Japan's tsunami. Moreover, who launched the G7 will lead yen had strengthened sharply down due to earthquake and tsunami. The strengthening yen would make Japanese exports difficult economy, because it makes the price of Japanese goods more expensive abroad.
Nevertheless, the Dow Jones index rose 83.93 points, capable, or 0.7 percent, to 11,858.52, the S & P index rose 5.49 points, or 0.4 percent, to 1,279.21, while the Nasdaq composite index rose 7.62 points, or 0.3 percent to 2,643.67.
As quoted from the AP on Saturday (03/19/2011), these three indexes ended lower due to market concerns over Japan's ability to control the nuclear crisis is happening.
Moreover, Japan is the third largest economy after U.S. and China and bought 10 percent of U.S. exports, and for the Nikkei index closed up 2.7 percent higher following the announcement of the plan from the G7 countries.
It is also influenced by rising financial stocks after JPMorgan and other big banks to increase their dividends. JPMorgan expressed increased dividend 25 cents per share. (GoFinance)
Factors affecting, among other Middle East political situation and Japan's tsunami. Moreover, who launched the G7 will lead yen had strengthened sharply down due to earthquake and tsunami. The strengthening yen would make Japanese exports difficult economy, because it makes the price of Japanese goods more expensive abroad.
Nevertheless, the Dow Jones index rose 83.93 points, capable, or 0.7 percent, to 11,858.52, the S & P index rose 5.49 points, or 0.4 percent, to 1,279.21, while the Nasdaq composite index rose 7.62 points, or 0.3 percent to 2,643.67.
As quoted from the AP on Saturday (03/19/2011), these three indexes ended lower due to market concerns over Japan's ability to control the nuclear crisis is happening.
Moreover, Japan is the third largest economy after U.S. and China and bought 10 percent of U.S. exports, and for the Nikkei index closed up 2.7 percent higher following the announcement of the plan from the G7 countries.
It is also influenced by rising financial stocks after JPMorgan and other big banks to increase their dividends. JPMorgan expressed increased dividend 25 cents per share. (GoFinance)
::BI: Strengthening Rupiah trigger deflation in March>>
Go Finance Reporting in JAKARTA - The trend appreciation of the rupiah some time lately to make the Governor of Bank Indonesia (BI) Nasution was optimistic that will happen in March this deflation.
"His estimate this March will be deflation," Nasution said when met after the show filling annual returns at the Tax Directorate General Headquarters, Jalan Gatot Subroto, Jakarta, Friday (03/18/2011) yesterday.
Nasution said the rupiah yesterday had actually suffered because of the weakening Japanese yen impacted. a drastic move by the quake, tsunamis and the nuclear crisis is worrying market participants.
"So the money does come out but today was better," said Nasution.
Therefore Darmin continue if up to now perceived pressure on the rupiah began to weaken. "That is him still. The pressure on the rupiah weakened our clay, its direction would be to get there," he added. (GoFinance)
"His estimate this March will be deflation," Nasution said when met after the show filling annual returns at the Tax Directorate General Headquarters, Jalan Gatot Subroto, Jakarta, Friday (03/18/2011) yesterday.
Nasution said the rupiah yesterday had actually suffered because of the weakening Japanese yen impacted. a drastic move by the quake, tsunamis and the nuclear crisis is worrying market participants.
"So the money does come out but today was better," said Nasution.
Therefore Darmin continue if up to now perceived pressure on the rupiah began to weaken. "That is him still. The pressure on the rupiah weakened our clay, its direction would be to get there," he added. (GoFinance)
Thursday, March 17, 2011
::Nikkei down, Yen Stronger to its highest position>>
Go Finance Reporting in TOKYO - After experiencing the gain, the stock market in Japan back to weaken because the threat of nuclear crisis.
Nikkei 225 index opened down 4.1 percent to 8,721.88 points. However, this attenuation becomes only gradually thinned down 189.86 points, or 2.09 percent to 8903.
In currency markets, the U.S. dollar fell to a record low against the Japanese yen due to a number of companies selling dollar assets in order to improve eye Japanese yen for earthquake recovery efforts. The latest data shows there are in the position of 78.985 yen per USD.
In fact, the government has made efforts to maintain investor confidence. Japan's central bank has also pumped funds amounting to 26.5 trillion yen, or USD326 billion into money markets and President of the Tokyo Stock Exchange had also asked the public for calm.
"Growing investor uncertainty over the nuclear plant were really scared, promoting them to adjust the position and buy back the yen," said Masatoshi Sato, market analyst at Mizuho Investors Securities Co. Ltd. as quoted by AFP.
"Foreign investors continued to dump stocks on growing worries over a nuclear accident. Also, investors worried that an earthquake and a nuclear disaster would have dented economic growth," he said. (GoFinance)
Nikkei 225 index opened down 4.1 percent to 8,721.88 points. However, this attenuation becomes only gradually thinned down 189.86 points, or 2.09 percent to 8903.
In currency markets, the U.S. dollar fell to a record low against the Japanese yen due to a number of companies selling dollar assets in order to improve eye Japanese yen for earthquake recovery efforts. The latest data shows there are in the position of 78.985 yen per USD.
In fact, the government has made efforts to maintain investor confidence. Japan's central bank has also pumped funds amounting to 26.5 trillion yen, or USD326 billion into money markets and President of the Tokyo Stock Exchange had also asked the public for calm.
"Growing investor uncertainty over the nuclear plant were really scared, promoting them to adjust the position and buy back the yen," said Masatoshi Sato, market analyst at Mizuho Investors Securities Co. Ltd. as quoted by AFP.
"Foreign investors continued to dump stocks on growing worries over a nuclear accident. Also, investors worried that an earthquake and a nuclear disaster would have dented economic growth," he said. (GoFinance)
::Impact Disasters of Japan Only While>>
Go Finance Reporting in JAKARTA - Demand is projected to export to Japan will increase along with reconstruction and reconciliation after the earthquake and tsunami last weekend.
"Demand is expected to increase along with the recovery that will last," said Schroders chief economist Keith Wade said as quoted by Financial Times.
He admits, all this time Japan is not a big export destination countries. For example, British exports to Japan was just 2.5 percent of total British exports. For that, he continued this tragedy will not make the market share of exports from some countries down.
Wade said the biggest risk now comes from the streets of Japan's nuclear program. Japan also expected to look for alternative energy, this step is believed would make the price of oil rose.
Furthermore, JPMorgan analyst David Shairp said it's still waiting to record the return of economic reports in Japan. "The investment strategy remains unchanged, still waiting for more information because the condition of the Japanese people during this difficult," he explained.
He explained that the area affected by the tsunami, Miyagi and Fukushima have a combined GDP of 2.16 trillion yen, equivalent to approximately 3.5 percent of national GDP and a combined total population of 4.5 people. For comparison, Kobe and Osaka area contributes about six percent of GDP and a population of about 14.5 million people.
Chief investment officer for Europe, the Middle East and Africa Bill O'Neill said initial estimates of loss from this tragedy reaches USD35 billion. Nevertheless, he argues, the impact of damage from natural disasters is only temporary.
"History tells us that natural disasters like this do not leave permanent damage to the Japanese economy even if short-term effects of large effect. The initial estimate of losses from this event can be reached USD35 billion," he said. (GoFinance)
"Demand is expected to increase along with the recovery that will last," said Schroders chief economist Keith Wade said as quoted by Financial Times.
He admits, all this time Japan is not a big export destination countries. For example, British exports to Japan was just 2.5 percent of total British exports. For that, he continued this tragedy will not make the market share of exports from some countries down.
Wade said the biggest risk now comes from the streets of Japan's nuclear program. Japan also expected to look for alternative energy, this step is believed would make the price of oil rose.
Furthermore, JPMorgan analyst David Shairp said it's still waiting to record the return of economic reports in Japan. "The investment strategy remains unchanged, still waiting for more information because the condition of the Japanese people during this difficult," he explained.
He explained that the area affected by the tsunami, Miyagi and Fukushima have a combined GDP of 2.16 trillion yen, equivalent to approximately 3.5 percent of national GDP and a combined total population of 4.5 people. For comparison, Kobe and Osaka area contributes about six percent of GDP and a population of about 14.5 million people.
Chief investment officer for Europe, the Middle East and Africa Bill O'Neill said initial estimates of loss from this tragedy reaches USD35 billion. Nevertheless, he argues, the impact of damage from natural disasters is only temporary.
"History tells us that natural disasters like this do not leave permanent damage to the Japanese economy even if short-term effects of large effect. The initial estimate of losses from this event can be reached USD35 billion," he said. (GoFinance)
::Followed IHSG, Rupiah weakened Again!>>
Go Finance Reporting in JAKARTA - Negative sentiment not only reduce the rate of Composite Stock Price Index (IHSG), the rupiah also closed lower this time.
Amount, according to the exchange rate of Bank Indonesia (BI) on Thursday (03/17/2011) weakened to Rp8.793 per USD from the previous trading day which is on Rp8.780 per USD. Meanwhile, according yahoofinance, the rupiah strengthened to Rp8.788, 5 per USD with a daily trading range from 0.5 to 8 .822,5 Rp8.788 per USD. On the other hand, the euro rose to 1.3993 per USD, pound also gained 1.6084 per USD. And the yen fell to 79.015 per U.S. dollar.
Previously, Indonesian Securities analyst Samuel Lana Soelistianingsih explain if the Japanese stock market closed yesterday because of the BoJ positively increase the supply of liquidity from the original plan of USD428 billion to USD700 billion.
This amount is only to improve market confidence, not including the cost of economic reconstruction in the provinces of northeastern Japan that suffered severe damage from this disaster. The worsening disasters due to leakage of nuclear radiation to make the exodus from Japan.
BoJ intervention makes the Nikkei closed up almost 5.7 percent and the yen rose 0.9 percent in trading yesterday. But now, the threat of nuclear radiation that leaks seemed to make investors again worried and causing selling pressure. (GoFinance)
Amount, according to the exchange rate of Bank Indonesia (BI) on Thursday (03/17/2011) weakened to Rp8.793 per USD from the previous trading day which is on Rp8.780 per USD. Meanwhile, according yahoofinance, the rupiah strengthened to Rp8.788, 5 per USD with a daily trading range from 0.5 to 8 .822,5 Rp8.788 per USD. On the other hand, the euro rose to 1.3993 per USD, pound also gained 1.6084 per USD. And the yen fell to 79.015 per U.S. dollar.
Previously, Indonesian Securities analyst Samuel Lana Soelistianingsih explain if the Japanese stock market closed yesterday because of the BoJ positively increase the supply of liquidity from the original plan of USD428 billion to USD700 billion.
This amount is only to improve market confidence, not including the cost of economic reconstruction in the provinces of northeastern Japan that suffered severe damage from this disaster. The worsening disasters due to leakage of nuclear radiation to make the exodus from Japan.
BoJ intervention makes the Nikkei closed up almost 5.7 percent and the yen rose 0.9 percent in trading yesterday. But now, the threat of nuclear radiation that leaks seemed to make investors again worried and causing selling pressure. (GoFinance)
Wednesday, March 16, 2011
::Oil prices weakened Face the Nuclear Threat>>
Go Finance Reporting in NEW YORK - Crude oil prices skyrocket later torn down sharply in trading Tuesday in New york. Commodity prices were sluggish due to induced nuclear disaster in Japan.
Quoted by AFP on Wednesday (03/16/2011), oil prices based on New York futures contract, light sweet crude for April delivery closed at USD97, 18 per barrel. This figure is down $ 4, 01 from its closing level on Monday.
As for London, the price of Brent North Sea crude oil for April delivery dropped $ 5, 15 and parking at USD108, 52 per barrel. "There are so many uncertainties in today's market," said Myrto Sokou Sucden analyst.
He said the current oil market tends to decline, due to heavy losses in global equity markets and the collapse of the Nikkei by 10 percent, amid serious concerns about potential nuclear disaster in Japan.
"Market sentiment has made investors injured and there is serious risk appetite so that weight pushing investors to sell off," he said.
Known, Japan which is the third largest world economy became the third largest oil consuming nation. Demand for crude oil was expected to fall after the worst earthquake in history to cause a tsunami.
For your information, after several explosions at the Fukushima nuclear plant, radiation levels have increased and there are fears of major leak.
"Leakage radiation is likely to hamper economic activity so that reconstruction and reduced oil consumption," said chief commodities analyst at Swedish bank SEB, Bjarne Schieldrop.
Traders were also watching the continued widespread unrest in Bahrain, neighboring Saudi Arabia, the world's largest oil exporter.
On the other hand, disruption of oil production in Libya are also included in the radar of investors. The petroleum production almost stopped in Libya because of unrest in the country. (GoFinance)
Quoted by AFP on Wednesday (03/16/2011), oil prices based on New York futures contract, light sweet crude for April delivery closed at USD97, 18 per barrel. This figure is down $ 4, 01 from its closing level on Monday.
As for London, the price of Brent North Sea crude oil for April delivery dropped $ 5, 15 and parking at USD108, 52 per barrel. "There are so many uncertainties in today's market," said Myrto Sokou Sucden analyst.
He said the current oil market tends to decline, due to heavy losses in global equity markets and the collapse of the Nikkei by 10 percent, amid serious concerns about potential nuclear disaster in Japan.
"Market sentiment has made investors injured and there is serious risk appetite so that weight pushing investors to sell off," he said.
Known, Japan which is the third largest world economy became the third largest oil consuming nation. Demand for crude oil was expected to fall after the worst earthquake in history to cause a tsunami.
For your information, after several explosions at the Fukushima nuclear plant, radiation levels have increased and there are fears of major leak.
"Leakage radiation is likely to hamper economic activity so that reconstruction and reduced oil consumption," said chief commodities analyst at Swedish bank SEB, Bjarne Schieldrop.
Traders were also watching the continued widespread unrest in Bahrain, neighboring Saudi Arabia, the world's largest oil exporter.
On the other hand, disruption of oil production in Libya are also included in the radar of investors. The petroleum production almost stopped in Libya because of unrest in the country. (GoFinance)
::Followed Nikkei, Currency Yen Also Stronger>>
Go Finance Reporting in NEW YORK - The Japanese yen exchange rate rose above the U.S. dollar (U.S.). Market participants appeared to start to return to Japan after switching to other instruments because of rising concerns about Japan's potential nuclear disaster
Value of the dollar slipped to 80.78 yen about 81.65 from the previous position. While the European single currency, the euro edged up to 1.3996 per USD from the previous 1.3985 per USD, while safe-haven currency, the Swiss franc surged to a record high.
"sharp rally that occurred in the Japanese yen due to market participants view the risk due to reduced nuclear. It was the biggest driver of currency movements," said Kathy Lien from GFT as quoted by AFP.
Lien said that positive comments from Federal Reserve has helped to reduce the indiscriminate selling of a number of instruments, especially in the U.S. stock market.
The Fed keeps interest rates low and ultra-said funds amounting to $ 600 billion stimulus has been successful for a reduction of unemployment, sustaining consumption, and spur business optimism.
"Economic recovery has a strong foundation, and the overall condition of the labor market seems to be increased gradually," says Committee of the Fed in a statement. (GoFinance)
Value of the dollar slipped to 80.78 yen about 81.65 from the previous position. While the European single currency, the euro edged up to 1.3996 per USD from the previous 1.3985 per USD, while safe-haven currency, the Swiss franc surged to a record high.
"sharp rally that occurred in the Japanese yen due to market participants view the risk due to reduced nuclear. It was the biggest driver of currency movements," said Kathy Lien from GFT as quoted by AFP.
Lien said that positive comments from Federal Reserve has helped to reduce the indiscriminate selling of a number of instruments, especially in the U.S. stock market.
The Fed keeps interest rates low and ultra-said funds amounting to $ 600 billion stimulus has been successful for a reduction of unemployment, sustaining consumption, and spur business optimism.
"Economic recovery has a strong foundation, and the overall condition of the labor market seems to be increased gradually," says Committee of the Fed in a statement. (GoFinance)
::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)
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)
::Again, Rupiah eroded Strengthening Dollar>>
Go Finance Reporting in JAKARTA - The United States dollar (U.S.) again moved to strengthen due to fears and worries about the dangers of radiation from an exploding nuclear reactor in Fukushima. As a result, the rupiah again be weakened.
Amount, according to the exchange rate of Bank Indonesia (BI) Wednesday, (03/16/2011) weakened to Rp8.780 per USD compared with the previous period in the first track Rp8.773 per USD.
Meanwhile, according yahoofinance, the rupiah weakened to Rp8.777, 5 per USD with a daily trading range from 0.5 to 8 .797,5 Rp8.772 per USD. Exchange rates are also looking eroded the U.S. dollar. The euro weakened to 1.3972 per U.S. dollar.
Indonesian Securities analyst Samuel Lana Soelistianingsih in his research said that concerns about the dangers of radiation from an exploding nuclear reactor in Fukushima it will interfere with investor confidence in trading today.
In addition, crude oil prices fell sharply in the last five months in line with the expected decrease in energy demand from Japan. Japan is the third largest energy consumer in the world after China and the United States with a consumption of 5.2 percent of world consumption.
Japan's crude oil is usually imported from Indonesia and the Middle East. When crude oil prices in the last two months continue to increase due to tensions in North Africa, the earthquake in Japan to be an imbalance that inhibits the increase. WTI oil prices fell sharply, back below USD100 per barrel. This decrease also had made the market panic. (GoFinance)
Amount, according to the exchange rate of Bank Indonesia (BI) Wednesday, (03/16/2011) weakened to Rp8.780 per USD compared with the previous period in the first track Rp8.773 per USD.
Meanwhile, according yahoofinance, the rupiah weakened to Rp8.777, 5 per USD with a daily trading range from 0.5 to 8 .797,5 Rp8.772 per USD. Exchange rates are also looking eroded the U.S. dollar. The euro weakened to 1.3972 per U.S. dollar.
Indonesian Securities analyst Samuel Lana Soelistianingsih in his research said that concerns about the dangers of radiation from an exploding nuclear reactor in Fukushima it will interfere with investor confidence in trading today.
In addition, crude oil prices fell sharply in the last five months in line with the expected decrease in energy demand from Japan. Japan is the third largest energy consumer in the world after China and the United States with a consumption of 5.2 percent of world consumption.
Japan's crude oil is usually imported from Indonesia and the Middle East. When crude oil prices in the last two months continue to increase due to tensions in North Africa, the earthquake in Japan to be an imbalance that inhibits the increase. WTI oil prices fell sharply, back below USD100 per barrel. This decrease also had made the market panic. (GoFinance)
Tuesday, March 15, 2011
::Record Lowest, Japanese Yen Down Sharply>>
Go Finance Reporting in NEW YORK - The yen currency dropped sharply after touching its highest level four months ago on Monday. This happened after the Bank of Japan to take extraordinary steps to support the economy after the devastating earthquake and tsunami.
Reporting from the Associated Press, Tuesday (03/15/2011), Japan's central bank to print a new record by injecting funds amounting to 15 trillion yen into the financial markets to keep credit flowing in the economy remain. This was done to boost the production of an asset purchase program at 50-40 trillion yen.
Support is intended to raise the stock price, while the large supply of the yen helped to reduce the value of the currency. As for the yen against the dollar rose approximately 14 percent in the last 12 months, so have pressed the profitability of Japanese exporters and Japanese economic burden.
The crisis in Japan has made the yen rose sharply, in which investors hope the Japanese society and insurance companies buying back their local currencies to fund the reconstruction of the country, thus increasing the demand for yen.
Known, on Monday the dollar against the yen was recorded 81.65, down from last weekend's trade 81.88 per USD. In overnight trading, the dollar reached its lowest point at 80.64. This figure is the lowest level since early November, right after World War II that struck in 1995, which touched a low level of 79.75 per USD.
Analysts said that with this crisis, keeping the Japanese currency demand is higher. After another major quake in Japan, in 1995, the yen sinkhole approximately 20 per cent against the U.S. dollar in three months. (GoFinance)
Reporting from the Associated Press, Tuesday (03/15/2011), Japan's central bank to print a new record by injecting funds amounting to 15 trillion yen into the financial markets to keep credit flowing in the economy remain. This was done to boost the production of an asset purchase program at 50-40 trillion yen.
Support is intended to raise the stock price, while the large supply of the yen helped to reduce the value of the currency. As for the yen against the dollar rose approximately 14 percent in the last 12 months, so have pressed the profitability of Japanese exporters and Japanese economic burden.
The crisis in Japan has made the yen rose sharply, in which investors hope the Japanese society and insurance companies buying back their local currencies to fund the reconstruction of the country, thus increasing the demand for yen.
Known, on Monday the dollar against the yen was recorded 81.65, down from last weekend's trade 81.88 per USD. In overnight trading, the dollar reached its lowest point at 80.64. This figure is the lowest level since early November, right after World War II that struck in 1995, which touched a low level of 79.75 per USD.
Analysts said that with this crisis, keeping the Japanese currency demand is higher. After another major quake in Japan, in 1995, the yen sinkhole approximately 20 per cent against the U.S. dollar in three months. (GoFinance)
::Japan after the tsunami, Gold Prices Down Due Selling Pressure>>
Go Finance Reporting in SINGAPORE - Gold prices moved lower in line with the regional stock market slump in Japan by the tsunami. The speculators seem to sell gold to cover losses in the earthquake and tsunami that occurred.
As quoted by Reuters on Tuesday (03/15/2011) in the spot market price of gold fell $ 2, 50 to USD1.424, 15 per ounce. Yet this investment instruments increased by one percent on Monday due to the struggling Japanese efforts to prevent nuclear radiation disaster after the quake and tsunami.
Meanwhile, gold prices in the futures market the United States (U.S.) for the period April delivery had no movement, and remain at the level of USD1.424, 3 per ounce.
An explosion occurred at a nuclear power plant (PLN) in Japan in the early morning. Some workers were ordered to leave the scene, a sign that the situation might become more serious in the earthquake and tsunami that occurred.
As you know, Japan has just hit by the earthquake and tsunami that caused a nuclear leak. This causes a very serious problem and the complex there.
U.S. dollar falls against the yen on Monday. it is a sign of Japanese insurance companies withdraw their funds in the form of U.S. dollars to pay claims and the costs of reconstruction after the earthquake and tsunami.
In line with Wall Street indexes in the United States (U.S.) is weakened. Asian indices also red evenly this time. Nikkei plummeted 620.76 points, or 6.45 percent, to 8999.73, the Hang Seng fell 742.61 points, or 3.18 points, to 22,603 san Straits Times fell 72.92 points, or 2.41 percent, to 2957.94. ( GoFinance)
As quoted by Reuters on Tuesday (03/15/2011) in the spot market price of gold fell $ 2, 50 to USD1.424, 15 per ounce. Yet this investment instruments increased by one percent on Monday due to the struggling Japanese efforts to prevent nuclear radiation disaster after the quake and tsunami.
Meanwhile, gold prices in the futures market the United States (U.S.) for the period April delivery had no movement, and remain at the level of USD1.424, 3 per ounce.
An explosion occurred at a nuclear power plant (PLN) in Japan in the early morning. Some workers were ordered to leave the scene, a sign that the situation might become more serious in the earthquake and tsunami that occurred.
As you know, Japan has just hit by the earthquake and tsunami that caused a nuclear leak. This causes a very serious problem and the complex there.
U.S. dollar falls against the yen on Monday. it is a sign of Japanese insurance companies withdraw their funds in the form of U.S. dollars to pay claims and the costs of reconstruction after the earthquake and tsunami.
In line with Wall Street indexes in the United States (U.S.) is weakened. Asian indices also red evenly this time. Nikkei plummeted 620.76 points, or 6.45 percent, to 8999.73, the Hang Seng fell 742.61 points, or 3.18 points, to 22,603 san Straits Times fell 72.92 points, or 2.41 percent, to 2957.94. ( GoFinance)
::Still worse, IHSG in Top 3500>>
Go Finance Reporting in JAKARTA - Composite Stock Price Index (IHSG) this afternoon began slowly conducive, although the red zone is still shadowing the movement of the stock index negatively affected sentiment in Asia. IHSG weakening this afternoon to be the smallest compared to other Asian regional index.
IHSG Tuesday (03/15/2011) afternoon corrected 45.36 percent or 1.27 percent drop to a level of 3524.48. LQ45 Index fell 15.45 points to 622.66, and the Jakarta Islamic Index (JII) dropped 11.93 points to 494.38.
The value of transactions recorded in the late trading was closed Rp4, 54 trillion, with a volume of 3.6 billion shares. Shares listed shares rose by 42, 197 shares fell, and 63 stocks monitored stagnant.
Asian stocks listed on the red line, such as the Nikkei index dropped 1015.34 points to 8605.15, the Hang Seng dropped 667.63 points to 22,678, and Straits Times fell 79.79 to 2951.07.
The shares of the reflected weaker (top loosers), of which PT Multi Breeder MULTIBREEDER Indonesia Tbk (MBAI) down Rp550 to Rp12.650, PT Astra International Tbk (ASII) down Rp450 to Rp54.900, PT Astra Agro Lestari Tbk (AALI) down Rp500 to Rp21.700, and PT Federal (AUTO) down Rp350 to Rp13.500.
Stocks that rose (Top gainers), PT Bayan Resources Tbk (ITMG) rose Rp1.500 to Rp47.000, PT Nippon Indosari Corporindo Tbk (BREAD) rose Rp125 to Rp2.600, and PT Adira Dinamika Multi Finance Tbk ( ADMF) rose 50 to Rp10.750. (GoFinance)
IHSG Tuesday (03/15/2011) afternoon corrected 45.36 percent or 1.27 percent drop to a level of 3524.48. LQ45 Index fell 15.45 points to 622.66, and the Jakarta Islamic Index (JII) dropped 11.93 points to 494.38.
The value of transactions recorded in the late trading was closed Rp4, 54 trillion, with a volume of 3.6 billion shares. Shares listed shares rose by 42, 197 shares fell, and 63 stocks monitored stagnant.
Asian stocks listed on the red line, such as the Nikkei index dropped 1015.34 points to 8605.15, the Hang Seng dropped 667.63 points to 22,678, and Straits Times fell 79.79 to 2951.07.
The shares of the reflected weaker (top loosers), of which PT Multi Breeder MULTIBREEDER Indonesia Tbk (MBAI) down Rp550 to Rp12.650, PT Astra International Tbk (ASII) down Rp450 to Rp54.900, PT Astra Agro Lestari Tbk (AALI) down Rp500 to Rp21.700, and PT Federal (AUTO) down Rp350 to Rp13.500.
Stocks that rose (Top gainers), PT Bayan Resources Tbk (ITMG) rose Rp1.500 to Rp47.000, PT Nippon Indosari Corporindo Tbk (BREAD) rose Rp125 to Rp2.600, and PT Adira Dinamika Multi Finance Tbk ( ADMF) rose 50 to Rp10.750. (GoFinance)
Monday, March 14, 2011
::Japan after the tsunami, the World Bank Ready to Help Japanese>>
Go Finance Reporting in JAKARTA - An earthquake and tsunami that struck Japan last week has destroyed the cities and claimed more than 10 thousand people. Various aid was ready deployed to rebuild Japan. The other one is the World Bank, which is also ready to help Japan.
"World Bank Group is ready to assist the Japanese government and its people in recovery efforts after the earthquake and tsunami, or recovery," said World Bank Group President Robert B. Zoellick was quoted as saying in his press conference in Jakarta on Monday (03/14/2011).
This was done given the vast World Bank loss caused by damage and loss that will continue to grow. In addition, the World Bank has experience in risk management, so that it will mobilize and deploy experts to assist recovery and reconstruction process in Japan and surrounding areas.
"World Bank Group will also monitor the potential impact of this tsunami on the countries of the region and ready to give his support," he said.
Finally he explained, on behalf of the World Bank Group, he expressed his deepest sympathy to the people of Japan for the loss of loved ones due to the occurrence of natural disasters. (GoFinance)
"World Bank Group is ready to assist the Japanese government and its people in recovery efforts after the earthquake and tsunami, or recovery," said World Bank Group President Robert B. Zoellick was quoted as saying in his press conference in Jakarta on Monday (03/14/2011).
This was done given the vast World Bank loss caused by damage and loss that will continue to grow. In addition, the World Bank has experience in risk management, so that it will mobilize and deploy experts to assist recovery and reconstruction process in Japan and surrounding areas.
"World Bank Group will also monitor the potential impact of this tsunami on the countries of the region and ready to give his support," he said.
Finally he explained, on behalf of the World Bank Group, he expressed his deepest sympathy to the people of Japan for the loss of loved ones due to the occurrence of natural disasters. (GoFinance)
::Tokyo Stock sinkhole Direct 5.42%>>
Go Finance Reporting in TOKYO - Shares in Tokyo bourse directly falling shortly after the open Monday morning as investors reacted to the biggest earthquake in Japan's history followed by a devastating tsunami.
Quoted by AFP on Monday (03/14/2011), the shares fell 5.42 percent and was below 10,000 which represents the lowest level since November. The Nikkei fell 556.06 points shortly after opening, to the position of 9698.37.
Meanwhile, Japan's central bank has been injecting funds amounting to seven trillion yen (USD85, 7 billion), which was a record funding into short term money market. These funds are found at short notice in an effort to build market confidence after the disaster three days ago.
Provision of these funds is the largest ever awarded by the Bank of Japan in an operation. "We will take every step possible, including the provision of liquidity, to ensure stability of financial markets and residential (business deals)," said a bank spokesman.
For your information, Japan's leading automaker shares have fallen more than 10 percent as investors reacted to shutdowns after the largest earthquake in the country.
The world's largest car maker, Toyota, the value of its shares fell 10.43 percent to 3.220 yen. While her rivals, Nissan, its shares slumped 10.77 percent to 712 yen and Honda fell 7.70 percent at 3055 yen. (GoFinance)
Quoted by AFP on Monday (03/14/2011), the shares fell 5.42 percent and was below 10,000 which represents the lowest level since November. The Nikkei fell 556.06 points shortly after opening, to the position of 9698.37.
Meanwhile, Japan's central bank has been injecting funds amounting to seven trillion yen (USD85, 7 billion), which was a record funding into short term money market. These funds are found at short notice in an effort to build market confidence after the disaster three days ago.
Provision of these funds is the largest ever awarded by the Bank of Japan in an operation. "We will take every step possible, including the provision of liquidity, to ensure stability of financial markets and residential (business deals)," said a bank spokesman.
For your information, Japan's leading automaker shares have fallen more than 10 percent as investors reacted to shutdowns after the largest earthquake in the country.
The world's largest car maker, Toyota, the value of its shares fell 10.43 percent to 3.220 yen. While her rivals, Nissan, its shares slumped 10.77 percent to 712 yen and Honda fell 7.70 percent at 3055 yen. (GoFinance)
::Follow Yen, Firmer rupiah to Rp8.771/USD>>
Go Finance Reporting JAKARTA - The rupiah strengthened against the dollar this time the United States (USA) trailed the value of a strong yen. In contrast, the U.S. dollar looks weak on a number of other world major currencies after the tsunami in Japan.
The rupiah exchange rate according to the exchange rate of Bank Indonesia (BI) on Monday (03/14/2011) rose to Rp8.771 per USD compared with the trade over the weekend in Rp8.784 per USD.
Meanwhile, according yahoofinance, the rupiah also climbed to Rp8.762 per USD with a range of trade-Rp8 Rp8,762,5 .782,5 per USD. The dollar also weakened against the euro seemed to 1.3946 per USD, and the pound also gained on the dollar to 1.6098 per U.S. dollar. While the yen strengthened against the dollar to 81.935 per U.S. dollar.
Indonesian Securities analyst Samuel Lana Soelistianingsih explain if the tsunami that struck Japan will make Japanese investors, especially the government will attract investment (liquidity) it abroad.
Investors and the Japanese government has a substantial asset placement on T-Bills
and U.S. T-bonds. It is estimated that Japanese ownership in U.S. dollar assets has reached USD882, 3 billion, 20 percent of the total outstanding U.S. bonds held by non U.S. residents as of December 30, 2010. The estimate makes the yen rose 1.4 percent to 81.84 per dollar. (GoFinance)
The rupiah exchange rate according to the exchange rate of Bank Indonesia (BI) on Monday (03/14/2011) rose to Rp8.771 per USD compared with the trade over the weekend in Rp8.784 per USD.
Meanwhile, according yahoofinance, the rupiah also climbed to Rp8.762 per USD with a range of trade-Rp8 Rp8,762,5 .782,5 per USD. The dollar also weakened against the euro seemed to 1.3946 per USD, and the pound also gained on the dollar to 1.6098 per U.S. dollar. While the yen strengthened against the dollar to 81.935 per U.S. dollar.
Indonesian Securities analyst Samuel Lana Soelistianingsih explain if the tsunami that struck Japan will make Japanese investors, especially the government will attract investment (liquidity) it abroad.
Investors and the Japanese government has a substantial asset placement on T-Bills
and U.S. T-bonds. It is estimated that Japanese ownership in U.S. dollar assets has reached USD882, 3 billion, 20 percent of the total outstanding U.S. bonds held by non U.S. residents as of December 30, 2010. The estimate makes the yen rose 1.4 percent to 81.84 per dollar. (GoFinance)
Friday, March 11, 2011
::Conflict in Arabia, Oil Prices Almost to USD103>>
Go Finance Reporting in SINGAPORE - Oil prices in Asian trade levels at this time amounted to USD102 per barrel, given the further development of the conflict that occurred in Saudi Arabia.
Quoted by AFP on Friday (03/11/2011) New York's main contract for the type of crude oil in April was up 14 cents to USD102, 84 per barrel. The Brent crude rose 23 cents to USD115, 20.
"Friday this weekend will be an important day to see the development of the conflict that still exists in Saudi Arabia," said Senior Chief Purvin and Gertz international energy consultancy in Singapore, Victor Shum.
For your information, a witness said the Saudi Arabian police shot and injured three Shiite protesters in the oil-rich Eastern Province on Thursday when trying to disperse the protest that called for the release of Shiite prisoners.
Saudi Arabia's Interior Ministry had earlier issued a stern warning that the demonstration was illegal and in any activist warned that security forces had the authority to crack down on any protests.
As is known, before news of the incident Arabia, oil prices have eased a two-year high on fresh fears of European and U.S. debt calm and Chinese economic data.
"Last night there is a very diverse story on the front of the global economy is pressing down on oil," said Interior Minister of Saudi Arabia, Shum. (GoFinance)
Quoted by AFP on Friday (03/11/2011) New York's main contract for the type of crude oil in April was up 14 cents to USD102, 84 per barrel. The Brent crude rose 23 cents to USD115, 20.
"Friday this weekend will be an important day to see the development of the conflict that still exists in Saudi Arabia," said Senior Chief Purvin and Gertz international energy consultancy in Singapore, Victor Shum.
For your information, a witness said the Saudi Arabian police shot and injured three Shiite protesters in the oil-rich Eastern Province on Thursday when trying to disperse the protest that called for the release of Shiite prisoners.
Saudi Arabia's Interior Ministry had earlier issued a stern warning that the demonstration was illegal and in any activist warned that security forces had the authority to crack down on any protests.
As is known, before news of the incident Arabia, oil prices have eased a two-year high on fresh fears of European and U.S. debt calm and Chinese economic data.
"Last night there is a very diverse story on the front of the global economy is pressing down on oil," said Interior Minister of Saudi Arabia, Shum. (GoFinance)
::February, China Inflation 4.9%>>
Go Finance Reporting BEIJING-China recorded an inflation of 4.9 percent in February in a year on year (yoy). This figure is regarded as far from the official target of government efforts to control inflation.
The increased cost of food, housing, and other needs has become a major source of anxiety for consumers in this Bamboo Curtain country. The stability of policy makers worried that the stability of prolonged inflation could trigger social unrest.
Quoted by AFP on Friday (03/11/2011), consumer price index, a key gauge of inflation unchanged from January at up to 4.9 percent. This figure exceeds the government's annual inflation target of four percent.
Analysts had previously estimated inflation rose 4.8 percent due to lower vegetable prices, as well as the usual snowfall occurred throughout the dry northern China.
National Bureau of Statistics last month measure, a key inflation by reducing the weight of heavy food prices while improving rental and other housing costs.
Last week, Chinese Prime Minister Wen Jiabao said that to curb the price is a "top priority" of government in 2011, as a country that seeks to balance growth in the rate of eight percent.
"This issue is concern for the welfare of the people, and affect social stability. Therefore, we must make a priority in macroeconomic control to maintain stable price level entirely," he said. (GoFinance)
The increased cost of food, housing, and other needs has become a major source of anxiety for consumers in this Bamboo Curtain country. The stability of policy makers worried that the stability of prolonged inflation could trigger social unrest.
Quoted by AFP on Friday (03/11/2011), consumer price index, a key gauge of inflation unchanged from January at up to 4.9 percent. This figure exceeds the government's annual inflation target of four percent.
Analysts had previously estimated inflation rose 4.8 percent due to lower vegetable prices, as well as the usual snowfall occurred throughout the dry northern China.
National Bureau of Statistics last month measure, a key inflation by reducing the weight of heavy food prices while improving rental and other housing costs.
Last week, Chinese Prime Minister Wen Jiabao said that to curb the price is a "top priority" of government in 2011, as a country that seeks to balance growth in the rate of eight percent.
"This issue is concern for the welfare of the people, and affect social stability. Therefore, we must make a priority in macroeconomic control to maintain stable price level entirely," he said. (GoFinance)
::Property Rental Prices in Asia surge 5%>>
Go Finance Reporting in JAKARTA - Rental property in the industrial area in Asia jumped more than five percent in 2010. This achievement contrasts starkly with the situation most of the other countries which decreased the occupancy rate to deteriorate.
This was revealed in the publication "Industrial Space Across the World 2011" issued property consultants Cushman & Wakefield, in Jakarta on Friday (03/10/2011).
"However, globally, rents in industrial zones fell by 1.2 percent. The decline was the same in the United States, Europe and the Middle East," he said.
The publication is to monitor the rental price and the total cost of occupancy in the industrial area in 53 states, where appears that Jakarta, Beijing, and Singapore has a very strong performance in 2010.
In the ranking of most expensive industrial location in the world, Singapore jumped from rank 19 to rank 4, with rents increasing by 14.9 percent and Beijing by 17.5 percent.
Meanwhile, the location of the world's most expensive industrial area in 2011, the first position is still occupied by London Heathrow last 10 years with total occupancy costs by 235 euros per m2 per year.
Tokyo remains in second position (183 euros per m2 per year), and Geneva (164 euros per m2 per year) rose to the rank of three out of four ranking in the previous year.
"These data confirm the stable position of the Asian market which is always ranked at the top. Tokyo and Hong Kong are constantly including the location of the world's most expensive industrial area, "said Cushman & Wakefield Research Group, David Barrie. (GoFinance)
This was revealed in the publication "Industrial Space Across the World 2011" issued property consultants Cushman & Wakefield, in Jakarta on Friday (03/10/2011).
"However, globally, rents in industrial zones fell by 1.2 percent. The decline was the same in the United States, Europe and the Middle East," he said.
The publication is to monitor the rental price and the total cost of occupancy in the industrial area in 53 states, where appears that Jakarta, Beijing, and Singapore has a very strong performance in 2010.
In the ranking of most expensive industrial location in the world, Singapore jumped from rank 19 to rank 4, with rents increasing by 14.9 percent and Beijing by 17.5 percent.
Meanwhile, the location of the world's most expensive industrial area in 2011, the first position is still occupied by London Heathrow last 10 years with total occupancy costs by 235 euros per m2 per year.
Tokyo remains in second position (183 euros per m2 per year), and Geneva (164 euros per m2 per year) rose to the rank of three out of four ranking in the previous year.
"These data confirm the stable position of the Asian market which is always ranked at the top. Tokyo and Hong Kong are constantly including the location of the world's most expensive industrial area, "said Cushman & Wakefield Research Group, David Barrie. (GoFinance)
::IHSG still dragged weakening Asian stocks>>
Go Finance Reporting in JAKARTA - Composite Stock Price Index (IHSG) today are still affected by weaker Asian stocks tumbled almost in, where the first session of trading stocks dropped 29.02 points this afternoon.
IHSG Friday (03/11/2011), the first session down 29.01 points, or 0.81 percent to 3558.63. While the LQ45 index also fell 7.70 points to 634.06, and the Jakarta Islamic Index (JII) fell 5.31 points to 505.73.
The value of transactions recorded this afternoon only Rp1, 129 trillion by volume as much as 1.62 billion shares. Where the shares rose 67 shares, 124 shares fell, and 79 shares remain stagnant.
While the Hang Seng index slumped 182 points to 23,433 in, Nikkei 225 fell 83 points to 10,352, and the Straits Times index fell 24 points to 3052
Stocks that rose (Top gainers) in PT Bayan Resources Tbk (BYAN) rose Rp800 to Rp17.800, XL Axiata PT Tbk (EXCL) rose Rp100 to Rp5.750. and PT Kalbe Farma Tbk (KLBF) rose 50 to Rp3.100.
While stocks weakened (top loosers), PT Gudang Garam Tbk (GGRM) down Rp550 to Rp40.400, PT Astra Agro Lestari Tbk (AALI) down 400 to Rp22.300, and PT United Tractors Tbk (UNTR) down Rp250 to Rp23.850, PT Bayan Resources Tbk (ITMG) down Rp600 to Rp43.250.
(GoFinance)
IHSG Friday (03/11/2011), the first session down 29.01 points, or 0.81 percent to 3558.63. While the LQ45 index also fell 7.70 points to 634.06, and the Jakarta Islamic Index (JII) fell 5.31 points to 505.73.
The value of transactions recorded this afternoon only Rp1, 129 trillion by volume as much as 1.62 billion shares. Where the shares rose 67 shares, 124 shares fell, and 79 shares remain stagnant.
While the Hang Seng index slumped 182 points to 23,433 in, Nikkei 225 fell 83 points to 10,352, and the Straits Times index fell 24 points to 3052
Stocks that rose (Top gainers) in PT Bayan Resources Tbk (BYAN) rose Rp800 to Rp17.800, XL Axiata PT Tbk (EXCL) rose Rp100 to Rp5.750. and PT Kalbe Farma Tbk (KLBF) rose 50 to Rp3.100.
While stocks weakened (top loosers), PT Gudang Garam Tbk (GGRM) down Rp550 to Rp40.400, PT Astra Agro Lestari Tbk (AALI) down 400 to Rp22.300, and PT United Tractors Tbk (UNTR) down Rp250 to Rp23.850, PT Bayan Resources Tbk (ITMG) down Rp600 to Rp43.250.
(GoFinance)
Thursday, March 10, 2011
::Mexican tycoon Back to Get the World's Richest People>>
Go Finance Reporting in NEW YORK - Mexican businessman Carlos Slim snapper crowned as the world's richest people. It managed to maintain their position since last year.
Reporting from Forbes magazine on Thursday (03/10/2011), there were 1140 people surveyed the world's richest version of this magazine. These rich people come from all over the world. No exception of Indonesia, who noted there are 14 people entrepreneurs.
1. Still occupied by Mexican businessman Carlos Slim Helu & family. His net worth USD74 billion. Telecommunications Maestro also merge with fixed-line telecommunications company America Movil, which is the largest wireless operator in Latin America.
In addition, Carlos has recently also opened a new building to accommodate all Soumaya museum art collections.
2. Bill Gates. Founder miscrosoft has reached USD56 billion fortune. In addition, 70 percent of his wealth comes from investment funds Cascade. Gates also founded a charity of the most influential in the world, The Gates foundation to handle funds for polio and tuberculosis disease.
3. Warren Bufett whose wealth reached $ 50 billion. This 80-year-old man in 1965 to buy Berkshire Hathaway textile company which converts it into a large parent company of food, insurance, utilities, and industrial.
Buffett also received funds amounting to $ 26 billion with the acquisition of railroad giant Burlington Northern Santa Fe in 2009.
4. French businessman Bernard Arnault, listed in this ranking with a fortune to reach USD41 billion. The owners of luxury brand Louis Viton shirt is his wealth increased by USD13, 5 billion, which mostly come from the sales of luxury brand Louis Viton this shirt.
62-year-old man has a cruise ship Royal Van Lent, a hotel in Courchevel, and also has a stake in Carrefour of France and French tour operator Go Voyages.
5. Larry Ellison's wealth reaches $ 39, 5 billion. He is the owner and the software company Oracle has acquired 75 companies over the years worth of USD40 billion.
6. Lakshmi Mittal from India, where his wealth reached USD31, 1 billion. The owner of ArcelorMittal, which is the world's largest steel producer is its net income rose 18-fold to $ 2, 9 billion in 2010 because demand for steel production and high margins.
In addition, Lakshmi plan to buy Alderbrook Park, a vast area where he plans to build an environmentally friendly country house worth USD40 million.
7. The owner of a world-famous fashion brand, Zara, Amancio Ortega reached USD31 billion fortune. Amancio has five thousand stores that sell products Zara, Massimo Dutti, Stradivarius and spread across 77 countries in the world. Amancio possess any property in Florida, Madrid, London and Lisbon.
8. Occupied by Eike Batista from Brazil with a wealth reached $ 30 billion. Richest people in Brazil through its parent company, EBX, Batista control the business of mining, shipbuilding, energy, logistics, tourism and entertainment. Two-thirds of its wealth comes from OGX, oil and gas exploration company which he founded in 2007.
9. Mukesh Ambani, who came from India. His net worth USD27 billion. Conglomerate that controls the oil and gas industry has a company in India's most important.
10. Walmart owner Christy Walton & Family whose wealth reached $ 26, 5 billion. Walmart currently has sales of USD405 billion and employs more than 2.1 million people. In addition, Christy is also a generous person because it supports the construction of the museum. (GoFinance)
Reporting from Forbes magazine on Thursday (03/10/2011), there were 1140 people surveyed the world's richest version of this magazine. These rich people come from all over the world. No exception of Indonesia, who noted there are 14 people entrepreneurs.
1. Still occupied by Mexican businessman Carlos Slim Helu & family. His net worth USD74 billion. Telecommunications Maestro also merge with fixed-line telecommunications company America Movil, which is the largest wireless operator in Latin America.
In addition, Carlos has recently also opened a new building to accommodate all Soumaya museum art collections.
2. Bill Gates. Founder miscrosoft has reached USD56 billion fortune. In addition, 70 percent of his wealth comes from investment funds Cascade. Gates also founded a charity of the most influential in the world, The Gates foundation to handle funds for polio and tuberculosis disease.
3. Warren Bufett whose wealth reached $ 50 billion. This 80-year-old man in 1965 to buy Berkshire Hathaway textile company which converts it into a large parent company of food, insurance, utilities, and industrial.
Buffett also received funds amounting to $ 26 billion with the acquisition of railroad giant Burlington Northern Santa Fe in 2009.
4. French businessman Bernard Arnault, listed in this ranking with a fortune to reach USD41 billion. The owners of luxury brand Louis Viton shirt is his wealth increased by USD13, 5 billion, which mostly come from the sales of luxury brand Louis Viton this shirt.
62-year-old man has a cruise ship Royal Van Lent, a hotel in Courchevel, and also has a stake in Carrefour of France and French tour operator Go Voyages.
5. Larry Ellison's wealth reaches $ 39, 5 billion. He is the owner and the software company Oracle has acquired 75 companies over the years worth of USD40 billion.
6. Lakshmi Mittal from India, where his wealth reached USD31, 1 billion. The owner of ArcelorMittal, which is the world's largest steel producer is its net income rose 18-fold to $ 2, 9 billion in 2010 because demand for steel production and high margins.
In addition, Lakshmi plan to buy Alderbrook Park, a vast area where he plans to build an environmentally friendly country house worth USD40 million.
7. The owner of a world-famous fashion brand, Zara, Amancio Ortega reached USD31 billion fortune. Amancio has five thousand stores that sell products Zara, Massimo Dutti, Stradivarius and spread across 77 countries in the world. Amancio possess any property in Florida, Madrid, London and Lisbon.
8. Occupied by Eike Batista from Brazil with a wealth reached $ 30 billion. Richest people in Brazil through its parent company, EBX, Batista control the business of mining, shipbuilding, energy, logistics, tourism and entertainment. Two-thirds of its wealth comes from OGX, oil and gas exploration company which he founded in 2007.
9. Mukesh Ambani, who came from India. His net worth USD27 billion. Conglomerate that controls the oil and gas industry has a company in India's most important.
10. Walmart owner Christy Walton & Family whose wealth reached $ 26, 5 billion. Walmart currently has sales of USD405 billion and employs more than 2.1 million people. In addition, Christy is also a generous person because it supports the construction of the museum. (GoFinance)
::February, China Trade Deficit $ 7, 3 Billion>>
Go finance Reporting in BEIJING - China's trade deficit in February of this which is the first time in this year.
Quoted by AFP on Thursday (03/10/2011), China's trade deficit amounted to $ 7, 3 billion. As China had a surplus in January 2010 amounted to $ 6, 45 billion, and in February amounted to $ 7, 61 billion.
While exports rose only by 2.4 percent from the previous year to USD96, 74 billion compared with an increase of 37.7 percent in January. While imports rose 19.4 percent to USD104, 04 billion compared to the previous month increased by 51 percent.
Analysts said the exports and imports usually see strong growth ahead of the harvest season, when the plant produces lots to meet demand, and then slow the next month.
Chinese Commerce Minister Chen Deming warned that China's trade deficit could come back this year, because of international uncertainty that could hurt demand for exports. "Imports this year will grow rapidly, faster than exports," said Chen Deming. (GoFinance)
Quoted by AFP on Thursday (03/10/2011), China's trade deficit amounted to $ 7, 3 billion. As China had a surplus in January 2010 amounted to $ 6, 45 billion, and in February amounted to $ 7, 61 billion.
While exports rose only by 2.4 percent from the previous year to USD96, 74 billion compared with an increase of 37.7 percent in January. While imports rose 19.4 percent to USD104, 04 billion compared to the previous month increased by 51 percent.
Analysts said the exports and imports usually see strong growth ahead of the harvest season, when the plant produces lots to meet demand, and then slow the next month.
Chinese Commerce Minister Chen Deming warned that China's trade deficit could come back this year, because of international uncertainty that could hurt demand for exports. "Imports this year will grow rapidly, faster than exports," said Chen Deming. (GoFinance)
::IHSG Not Moving on from the Red Zone>>
Go Finance Reporting JAKARTA - Closing Stock Price Index (IHSG) closed lower this evening eroded that monitored the movement of Asian stocks fell at the close of trading this afternoon.
IHSG Thursday (03/10/2011) dropped 11.03 points, or 0.13 percent, to 3587.65. While the LQ45 index fell 2.28 points, or 0.4 percent, to 641.76, and the Jakarta Islamic Index (JII) fell 2.26 points, or 0.4 percent, to 511.04.
The total transaction value was up to the closure of the afternoon trading amounted to Rp2, 74 trillion by volume as much as 2.64 billion shares. The 87 stocks tracked rose, 134 stocks fell, and 87 stocks tend to stagnate.
Meanwhile, Asian stock Hang Seng fell 195.22 points, or 0.82 percent to 23,614.89, the index fell 155.12 Nikei 225 points, or 1.46 percent to 10434.38, and the Straits Times index fell 17.46 points, or 0, 56 per cent to 3075.44.
The shares of the top gainers on the trading time is PT Gudang Garam Tbk (GGRM) rose Rp450 to Rp40.950, PT Sarana Tower Nusantara Tbk (TOWR) rose 400 to 10,000, PT Mayora Indah Tbk (MYOR) rose 300 to Rp9.800, PT Indocement Tunggal Prakasa Tbk (INTP) rose Rp250 to Rp14.750, and PT Bukit Asam Tbk (PTBA) rose Rp250 to Rp20.550.
Then stocks that become top loosers on the trading time is PT Astra Agro Lestari Tbk (AALI) down Rp600 to Rp22.700, PT United Tractors Tbk (UNTR) down Rp250 to Rp24.100, TBK PT Asahimass Flat Glass (AMGF) down Rp200 to Rp5.000, PT Bayan Resources Tbk (BYAN) down 200 to Rp17.00, and PT Harum Energy Tbk (HRUM) down Rp200 to Rp8.650. (GoFinance)
IHSG Thursday (03/10/2011) dropped 11.03 points, or 0.13 percent, to 3587.65. While the LQ45 index fell 2.28 points, or 0.4 percent, to 641.76, and the Jakarta Islamic Index (JII) fell 2.26 points, or 0.4 percent, to 511.04.
The total transaction value was up to the closure of the afternoon trading amounted to Rp2, 74 trillion by volume as much as 2.64 billion shares. The 87 stocks tracked rose, 134 stocks fell, and 87 stocks tend to stagnate.
Meanwhile, Asian stock Hang Seng fell 195.22 points, or 0.82 percent to 23,614.89, the index fell 155.12 Nikei 225 points, or 1.46 percent to 10434.38, and the Straits Times index fell 17.46 points, or 0, 56 per cent to 3075.44.
The shares of the top gainers on the trading time is PT Gudang Garam Tbk (GGRM) rose Rp450 to Rp40.950, PT Sarana Tower Nusantara Tbk (TOWR) rose 400 to 10,000, PT Mayora Indah Tbk (MYOR) rose 300 to Rp9.800, PT Indocement Tunggal Prakasa Tbk (INTP) rose Rp250 to Rp14.750, and PT Bukit Asam Tbk (PTBA) rose Rp250 to Rp20.550.
Then stocks that become top loosers on the trading time is PT Astra Agro Lestari Tbk (AALI) down Rp600 to Rp22.700, PT United Tractors Tbk (UNTR) down Rp250 to Rp24.100, TBK PT Asahimass Flat Glass (AMGF) down Rp200 to Rp5.000, PT Bayan Resources Tbk (BYAN) down 200 to Rp17.00, and PT Harum Energy Tbk (HRUM) down Rp200 to Rp8.650. (GoFinance)
Wednesday, March 9, 2011
::Increasing Oil Prices Trigger Wall Street>>
Go Finance Reporting in NEW YORK - an optimistic projection of income from the Bank of America and began to decline in oil prices, lifted Wall Street out of the danger zone in trading Tuesday. It became a sign for the short-term market survival.
S & P 500 Index jumped back above the trend line for six months after closing just below that level on Monday. Resilience of this level as a sign of strength, but traders still tested vigilance.
Similarly, the Nasdaq composite index rallied monitored for an average of 50 days in which to move and indicated an uptrend, although trading volume was lackluster.
Reported by Reuters on Wednesday (03/09/2011), the average Dow Jones Industrial rose 124.58 points, or 1.03 percent to 12214.61. The broader Standard & Poor's 500 (SPX.) edged up 11.69 points, or 0.89 percent, to 1321.82. And the Nasdaq Composite Index rose 20.14 points, or 0.73 percent, to 2765.77 position.
"The fact that the market has been taken up so well in the face of one of the sharp spines that increase in crude oil prices this year is proof that there is a fundamental strength," said global technical strategy at Auerbach Grayson in New York, Richard Ross.
For your information, Bank of America Corp. shares jumped 4.7 percent to $ 14, 69 after it was announced the projected profit before tax of approximately $ 40 billion per year for the long term. This figure is higher than some investors expected.
As for financial stocks took the lead in trading on Wall Street that some investors benefited, with the S & P financial index (GSPF) jumped to 2.2 percent.
In addition, oil prices recorded backwards, where the price of Brent crude oil fell almost two percent to USD113, 06 per barrel after Kuwait oil minister said OPEC in discussions to boost production. (GoFinance)
S & P 500 Index jumped back above the trend line for six months after closing just below that level on Monday. Resilience of this level as a sign of strength, but traders still tested vigilance.
Similarly, the Nasdaq composite index rallied monitored for an average of 50 days in which to move and indicated an uptrend, although trading volume was lackluster.
Reported by Reuters on Wednesday (03/09/2011), the average Dow Jones Industrial rose 124.58 points, or 1.03 percent to 12214.61. The broader Standard & Poor's 500 (SPX.) edged up 11.69 points, or 0.89 percent, to 1321.82. And the Nasdaq Composite Index rose 20.14 points, or 0.73 percent, to 2765.77 position.
"The fact that the market has been taken up so well in the face of one of the sharp spines that increase in crude oil prices this year is proof that there is a fundamental strength," said global technical strategy at Auerbach Grayson in New York, Richard Ross.
For your information, Bank of America Corp. shares jumped 4.7 percent to $ 14, 69 after it was announced the projected profit before tax of approximately $ 40 billion per year for the long term. This figure is higher than some investors expected.
As for financial stocks took the lead in trading on Wall Street that some investors benefited, with the S & P financial index (GSPF) jumped to 2.2 percent.
In addition, oil prices recorded backwards, where the price of Brent crude oil fell almost two percent to USD113, 06 per barrel after Kuwait oil minister said OPEC in discussions to boost production. (GoFinance)
::Rupiah Slowly Stronger But Surely>>
Go Finance Reporting in JAKARTA - The rupiah continued to strengthen thin early trading. Rupiah strengthened to follow some other Asian currencies.
Based on the exchange rate of Bank Indonesia (BI) dollars in trading on Wednesday (03/09/2011) closed rose five points to the position Rp8.784 per USD, compared to previous trading Tuesday Rp8.789 per USD.
Limited movement of the rupiah which is a representation of the improved economic situation of America and Europe. Where when the currency is getting better, then Uncle Sam's dollar became no longer attractive. Because investors tend to invest in emerging market currencies, where interest rates are likely to value a large and profitable for investors.
Meanwhile, crude oil prices decline. 62 cents to the position of USD104, 4 per barrel on the board of trade in Singapore. (GoFinance)
Based on the exchange rate of Bank Indonesia (BI) dollars in trading on Wednesday (03/09/2011) closed rose five points to the position Rp8.784 per USD, compared to previous trading Tuesday Rp8.789 per USD.
Limited movement of the rupiah which is a representation of the improved economic situation of America and Europe. Where when the currency is getting better, then Uncle Sam's dollar became no longer attractive. Because investors tend to invest in emerging market currencies, where interest rates are likely to value a large and profitable for investors.
Meanwhile, crude oil prices decline. 62 cents to the position of USD104, 4 per barrel on the board of trade in Singapore. (GoFinance)
Tuesday, March 8, 2011
::Australian Agriculture Minister Visits Indonesia>>
Go Finance Reporting in JAKARTA - Minister of Agriculture, Fisheries and Forestry Australia, Senator Joe Ludwig, will visit Indonesia this week to visit abroad in his capacity as Minister of Agriculture.
The visit will include meetings with key representatives of politics, agriculture, forestry and marine resources of Indonesia.
"Indonesia is an important trading partner for Australia, and our farm market is the fourth largest," said Minister Ludwig was quoted as saying in a press statement sent to Legal in Jakarta, Tuesday (03/08/2011).
In 2010, Australian exports of agricultural products amounted to 2 billion Australian dollars, or approximately Rp17, 79 trillion (Rp8.896 per Australian dollars) to Indonesia. Indonesia is the wheat market, live cattle and potatoes of our biggest and main market for sugar and milk.
Minister Ludwig scheduled a meeting with the Minister of Agriculture HE Suswono, Zulkifli Hasan YM Forestry Minister and Minister for Fisheries and Maritime Affairs HE Fadel Muhammad in Jakarta.
He will discuss issues of common interest such as food safety, market access for beef and live cattle in the box, illegal logging and illegal fishing as well as programs emerging infectious diseases.
From Jakarta, the Minister Ludwig will travel to Bali to act as co-chair a session at the Ministerial Conference hosted by Indonesia in conjunction with the Fourth Session of the Government Agency for International Treaty of Plant Genetic Resources for Food and Agriculture (Traktrat).
The members Traktrat has developed a mutual benefit fund that invests in projects to address high-impact food security, climate change adaptation and agricultural biodiversity. Australia contributed 1 million Australian dollars, or approximately Rp8, 896 billion to this fund in 2010. (GoFinance)
The visit will include meetings with key representatives of politics, agriculture, forestry and marine resources of Indonesia.
"Indonesia is an important trading partner for Australia, and our farm market is the fourth largest," said Minister Ludwig was quoted as saying in a press statement sent to Legal in Jakarta, Tuesday (03/08/2011).
In 2010, Australian exports of agricultural products amounted to 2 billion Australian dollars, or approximately Rp17, 79 trillion (Rp8.896 per Australian dollars) to Indonesia. Indonesia is the wheat market, live cattle and potatoes of our biggest and main market for sugar and milk.
Minister Ludwig scheduled a meeting with the Minister of Agriculture HE Suswono, Zulkifli Hasan YM Forestry Minister and Minister for Fisheries and Maritime Affairs HE Fadel Muhammad in Jakarta.
He will discuss issues of common interest such as food safety, market access for beef and live cattle in the box, illegal logging and illegal fishing as well as programs emerging infectious diseases.
From Jakarta, the Minister Ludwig will travel to Bali to act as co-chair a session at the Ministerial Conference hosted by Indonesia in conjunction with the Fourth Session of the Government Agency for International Treaty of Plant Genetic Resources for Food and Agriculture (Traktrat).
The members Traktrat has developed a mutual benefit fund that invests in projects to address high-impact food security, climate change adaptation and agricultural biodiversity. Australia contributed 1 million Australian dollars, or approximately Rp8, 896 billion to this fund in 2010. (GoFinance)
::Asian Stock Going, IHSG fact weakened>>
Go Finance Reporting in JAKARTA - Composite Stock Price Index (IHSG) on the first trading session this afternoon shares tracked weaker thin. In fact, Asian stocks cool calm in the green belt.
IHSG Tuesday (03/08/2011) afternoon fell 8.63 points, or equivalent to 0.24 percent to 3553.09. LQ45 Index fell 1.56 points to 636.07, and the Jakarta Islamic Index actually rose 0.26 points to 507.01.
The value of the transaction until this afternoon observed Rp1, 85 trillion by volume as much as 1.1 billion shares. As many as 87 stocks advanced, 117 stocks fell, and 77 stocks monitored stagnant.
Exchanges in Asia as the Hang Seng rose 53.83 points to record 23 367, Nikkei 225 rose 32.90 to 10 537, and the Straits Times rose 13.53 points to 3080.05.
Therefore, stocks that rose, PT Gudang Garam Tbk (GGRM) rose Rp1.100 to Rp38.850, PT Astra International Tbk (ASII) rose Rp450 to Rp55.350, and PT United Tractors Tbk (UNTR) rose Rp350 to Rp24.050.
Then stocks that fell, PT Matahari Putra Prima Tbk (MPPA) down Rp280 to Rp1.480, PT Bank Rakyat Indonesia Tbk (BBRI) down 200 to Rp5.100, and PT International Nickel Indonesia Tbk (INCO) down Rp150 to Rp5 .000. (GoFinance)
IHSG Tuesday (03/08/2011) afternoon fell 8.63 points, or equivalent to 0.24 percent to 3553.09. LQ45 Index fell 1.56 points to 636.07, and the Jakarta Islamic Index actually rose 0.26 points to 507.01.
The value of the transaction until this afternoon observed Rp1, 85 trillion by volume as much as 1.1 billion shares. As many as 87 stocks advanced, 117 stocks fell, and 77 stocks monitored stagnant.
Exchanges in Asia as the Hang Seng rose 53.83 points to record 23 367, Nikkei 225 rose 32.90 to 10 537, and the Straits Times rose 13.53 points to 3080.05.
Therefore, stocks that rose, PT Gudang Garam Tbk (GGRM) rose Rp1.100 to Rp38.850, PT Astra International Tbk (ASII) rose Rp450 to Rp55.350, and PT United Tractors Tbk (UNTR) rose Rp350 to Rp24.050.
Then stocks that fell, PT Matahari Putra Prima Tbk (MPPA) down Rp280 to Rp1.480, PT Bank Rakyat Indonesia Tbk (BBRI) down 200 to Rp5.100, and PT International Nickel Indonesia Tbk (INCO) down Rp150 to Rp5 .000. (GoFinance)
Monday, March 7, 2011
::Pertamina Asked to Raise Fuel Supply to Fisherman>>
Go Finance Reporting in JAKARTA - PT Pertamina (Persero) were asked to increase the supply of fuel oil (BBM), either diesel or premium to the fishermen. The reason is, there are still many fishermen who get higher fuel prices than the prevailing price provisions.
This is expressed members of Commission VII, Sudaryatmo, during a hearing with the Pertamina and BPH Migas Implementation Plan related to agenda setting policy? Subsidized, in the Parliament Building, Senayan, Jakarta, Monday (03/07/2011).
"Before we talk about restrictions on fuel subsidies, it is better distortion aberration resolved first. Therefore, the distribution of fuel to the fishermen is not up to the fishermen, even more expensive 500 silver. SOEs what's this?" he said.
Related scarcity and high prices of fuel for fishermen, DPR assess the absence of coordination between BPH Migas and Pertamina.
In addition, the data used by fishermen as a regulator BPH Migas upstream policy with fisheries agencies are also out of sync. That is what the cause of subsidized fuel to fishermen not meet the target. "The coordination that has not yet emerged, that's what fishermen during this torture," he said.
Head of BPH Migas, Tubagus Haryono not explain the arrival of fuel distribution to fishermen due to fuel the many who channeled back into the countryside. Where it is already getting permission from local government. (GoFinance)
This is expressed members of Commission VII, Sudaryatmo, during a hearing with the Pertamina and BPH Migas Implementation Plan related to agenda setting policy? Subsidized, in the Parliament Building, Senayan, Jakarta, Monday (03/07/2011).
"Before we talk about restrictions on fuel subsidies, it is better distortion aberration resolved first. Therefore, the distribution of fuel to the fishermen is not up to the fishermen, even more expensive 500 silver. SOEs what's this?" he said.
Related scarcity and high prices of fuel for fishermen, DPR assess the absence of coordination between BPH Migas and Pertamina.
In addition, the data used by fishermen as a regulator BPH Migas upstream policy with fisheries agencies are also out of sync. That is what the cause of subsidized fuel to fishermen not meet the target. "The coordination that has not yet emerged, that's what fishermen during this torture," he said.
Head of BPH Migas, Tubagus Haryono not explain the arrival of fuel distribution to fishermen due to fuel the many who channeled back into the countryside. Where it is already getting permission from local government. (GoFinance)
::Session I, IHSG Rebound 9 pts>>
Go Finance Reporting in JAKARTA - The first session close of trading Composite Stock Price Index (IHSG) is closed rebounds thin compared to the market opening this morning. IHSG thin rose nine points.
IHSG Monday (03/07/2011), up 9.42 points, or 0.27 percent, to 3552.33. While the LQ45 index rose 2.70 points to 635.52, and the Jakarta Islamic Index (JII) rose 1.46 points to 506.53.
The value of transactions stood at Rp1, 57 trillion, with a volume of 1.00 billion. Observed 83 stocks advanced, 114 stocks fell, and 74 stocks still in place, aka stagnant.
The strengthening of this thin because of the shares in the mining sector was observed to weaken at least in than stocks in other sectors. Then the infrastructure sector shares also dragged. But shares in the plantation sector is still observed to attract investors.
Therefore, the observed stocks rose (Top gainers), PT Gudang Garam Tbk (GGRM) rose Rp800 to Rp36.950, PT Astra International Tbk (ASII) rose Rp500 to Rp55.400, PT Astra Agro Lestari Tbk (AALI ) rose 300 to Rp22.900, and PT United Tractors Tbk (UNTR) rose Rp250 to Rp23.700.
Meanwhile, a weakened stock (top loosers), PT Bayan Resources Tbk (ITMG) fell 1,000 to Rp43.150, PT Sarana Tower Nusantara Tbk (TOWR) down Rp600 to Rp9.900, PT Mayora Indah Tbk (MYOR) ambles 200 to Rp9.450, and PT Harum Energy Tbk (HRUM) down Rp100 to Rp8.350. (GoFinance)
IHSG Monday (03/07/2011), up 9.42 points, or 0.27 percent, to 3552.33. While the LQ45 index rose 2.70 points to 635.52, and the Jakarta Islamic Index (JII) rose 1.46 points to 506.53.
The value of transactions stood at Rp1, 57 trillion, with a volume of 1.00 billion. Observed 83 stocks advanced, 114 stocks fell, and 74 stocks still in place, aka stagnant.
The strengthening of this thin because of the shares in the mining sector was observed to weaken at least in than stocks in other sectors. Then the infrastructure sector shares also dragged. But shares in the plantation sector is still observed to attract investors.
Therefore, the observed stocks rose (Top gainers), PT Gudang Garam Tbk (GGRM) rose Rp800 to Rp36.950, PT Astra International Tbk (ASII) rose Rp500 to Rp55.400, PT Astra Agro Lestari Tbk (AALI ) rose 300 to Rp22.900, and PT United Tractors Tbk (UNTR) rose Rp250 to Rp23.700.
Meanwhile, a weakened stock (top loosers), PT Bayan Resources Tbk (ITMG) fell 1,000 to Rp43.150, PT Sarana Tower Nusantara Tbk (TOWR) down Rp600 to Rp9.900, PT Mayora Indah Tbk (MYOR) ambles 200 to Rp9.450, and PT Harum Energy Tbk (HRUM) down Rp100 to Rp8.350. (GoFinance)
Sunday, March 6, 2011
::Weird .. Imported Meat is Much, But Meat Consumption is Low>>
Go Finance Reporting in JAKARTA-Even though many make imports of meat, However the fact that Indonesia is the country with the consumption of meat and fruits lowest in ASEAN.
"Although Indonesia is a tropical country, but its people are the lowest in the sector consumed meat and fruit," said expert Dr. Pondok Pesantren Sunan Drajat Tjuk Eko Hari Basuki in Food Solution seminar, Jakarta, Sunday (03/05/2011).
Basuki explained to Indonesian meat consumption was recorded only a single digit, this is far different from other ASEAN countries which has reached double digits.
"Indonesian meat consumption is only 5.5 kilograms per year, in contrast to the Philippines meat consumption reached 19.0 pounds per year, differ greatly also with Thailand which reached 23.3 kilograms per year. In comparison to Malaysia, Indonesia was lagging behind meat consumption even further , Malaysia can be reached 43 kilograms per year per year, "he said.
As for the consumption of fruit per year, Indonesia was already entering the double digits, but still less when compared with the Philippines or Malaysia.
"Consumption of fruit per year Indonesia only consume 23.1 kilograms per year, in contrast to the Philippines which can reach 55.0 kilograms per year. While Thailand consumption reached 30.0 pounds per year, Malaysia alone reached 49.0 kilograms per year,"
Although that case, Indonesia was recorded as the country consumed eggs and vegetables Indonesia highest among ASEAN countries. For vegetable consumption per year Indonesia spends 49.0 kilograms per year, the Philippines alone consume 34.2 kilograms per year, Thailand consume 41.1 kilograms per year, and Malaysia alone consume as much as 47.2 kilograms per year.
For Indonesia eggs consume as much as 64.0 kilograms per year, Filipinos consume 31.7 kilograms per year, Thailand consume almost the same with the Philippines which is 31.1 kilograms per year, while Malaysia consumes as much as 41.9 kilograms per year.
As reported previously Finance Minister Agustin Martowardojo in his office, claimed to be surprised by the achievements of the realization of imported meat at the beginning of this year has reached 10 thousand tons. Though the government set meat import quotas for this year only 50 thousand tons.
"Now its quota in 2011, 50 thousand tons until January alone, I see the data already entered 10 thousand tons in a period of 1 month was 10 thousand tons. Interestingly last year, the import quota meat was 76 thousand. But we realizations 120 thousand tons, "he said. (GoFinance)
"Although Indonesia is a tropical country, but its people are the lowest in the sector consumed meat and fruit," said expert Dr. Pondok Pesantren Sunan Drajat Tjuk Eko Hari Basuki in Food Solution seminar, Jakarta, Sunday (03/05/2011).
Basuki explained to Indonesian meat consumption was recorded only a single digit, this is far different from other ASEAN countries which has reached double digits.
"Indonesian meat consumption is only 5.5 kilograms per year, in contrast to the Philippines meat consumption reached 19.0 pounds per year, differ greatly also with Thailand which reached 23.3 kilograms per year. In comparison to Malaysia, Indonesia was lagging behind meat consumption even further , Malaysia can be reached 43 kilograms per year per year, "he said.
As for the consumption of fruit per year, Indonesia was already entering the double digits, but still less when compared with the Philippines or Malaysia.
"Consumption of fruit per year Indonesia only consume 23.1 kilograms per year, in contrast to the Philippines which can reach 55.0 kilograms per year. While Thailand consumption reached 30.0 pounds per year, Malaysia alone reached 49.0 kilograms per year,"
Although that case, Indonesia was recorded as the country consumed eggs and vegetables Indonesia highest among ASEAN countries. For vegetable consumption per year Indonesia spends 49.0 kilograms per year, the Philippines alone consume 34.2 kilograms per year, Thailand consume 41.1 kilograms per year, and Malaysia alone consume as much as 47.2 kilograms per year.
For Indonesia eggs consume as much as 64.0 kilograms per year, Filipinos consume 31.7 kilograms per year, Thailand consume almost the same with the Philippines which is 31.1 kilograms per year, while Malaysia consumes as much as 41.9 kilograms per year.
As reported previously Finance Minister Agustin Martowardojo in his office, claimed to be surprised by the achievements of the realization of imported meat at the beginning of this year has reached 10 thousand tons. Though the government set meat import quotas for this year only 50 thousand tons.
"Now its quota in 2011, 50 thousand tons until January alone, I see the data already entered 10 thousand tons in a period of 1 month was 10 thousand tons. Interestingly last year, the import quota meat was 76 thousand. But we realizations 120 thousand tons, "he said. (GoFinance)
::Gold Prices More Shiny>>
Go Finance Reporting in LONDON - The price of gold on the London spot market looks more shiny. This safe haven commodity prices rose at the end of this week after the previous consolidate.
Previously, its consolidation in gold prices is due to market players await the U.S. employment report (USA), which is an indication of global economic health.
As quoted by Reuters on Friday (03/04/2011) local time, the price of gold in the spot market at USD1.416, 35 per ounce, up from the previous trading session on the USD1.415, 59 per ounce.
Meanwhile, silver prices rose to USD34, 41 from the previous USD34, 17. Platinum rose to USD1.826, 03 from the previous USD1.823, 49.
Asian stock markets also recorded the best profit for three months last week as a result of market participants who hunt bargains.
Looking statements after the stronger Euro in a row before the influential U.S. jobs data, but the single European currency was weakened after the European Central Bank signaled interest rates would increase at the beginning of next month.
Brent crude prices pushed up to above USD 116 per barrel and oil the United States soared to its highest position since 2008, caused riots in Libya and a number of protests in other Middle East.
Brent crude oil for April delivery rose USD 1.18 per barrel, in the range of USD115, 97 per barrel, after hitting USD 116, 49. Brent has recorded a 3.4 percent gain for the week.
While the United States crude oil for April delivery rose USD 2.51 per barrel, while in between USD 104, 42 per barrel. West Texas Intermediate crude oil exceeds the increase is Brent, the increase reaching USD 16.91 per barrel. (GoFinance)
Previously, its consolidation in gold prices is due to market players await the U.S. employment report (USA), which is an indication of global economic health.
As quoted by Reuters on Friday (03/04/2011) local time, the price of gold in the spot market at USD1.416, 35 per ounce, up from the previous trading session on the USD1.415, 59 per ounce.
Meanwhile, silver prices rose to USD34, 41 from the previous USD34, 17. Platinum rose to USD1.826, 03 from the previous USD1.823, 49.
Asian stock markets also recorded the best profit for three months last week as a result of market participants who hunt bargains.
Looking statements after the stronger Euro in a row before the influential U.S. jobs data, but the single European currency was weakened after the European Central Bank signaled interest rates would increase at the beginning of next month.
Brent crude prices pushed up to above USD 116 per barrel and oil the United States soared to its highest position since 2008, caused riots in Libya and a number of protests in other Middle East.
Brent crude oil for April delivery rose USD 1.18 per barrel, in the range of USD115, 97 per barrel, after hitting USD 116, 49. Brent has recorded a 3.4 percent gain for the week.
While the United States crude oil for April delivery rose USD 2.51 per barrel, while in between USD 104, 42 per barrel. West Texas Intermediate crude oil exceeds the increase is Brent, the increase reaching USD 16.91 per barrel. (GoFinance)
Saturday, March 5, 2011
::Oil Prices Trigger Dow Jones Down 88 Points>>
Go Finance Reporting in NEW YORK - Wall Street indices in the United States (U.S.) again dropped because of fears of political turmoil in the Middle East triggered oil price becomes higher.
Brent crude oil prices rose above USD116 per barrel and the CBOE VIX volatility index rose 2.7 percent to 19.11.
"After a trip occurs, the market becomes more vulnerable to any more news about oil price hikes," said Director of Trading and Derivatives Schwab Center for Financial Research Randy Frederic told Reuters, in Austin, Texas.
Whereas the positive sentiment came from employment data that is under the level of nine percent, for the first time in two months. But investors seem to quickly move to the issue of oil prices and create an index weakened.
Bank shares fell after Bank of America Merrill Lynch, said rising oil prices could make the performance of clients from banks weakened. Goldman declined 2.1 percent to $ 161.00 and Citi down about 3 percent to $ 4.54. KBW Bank Index (BKX.) lost 1.5 percent.
At the close of trading on Friday (04/03/2011), Dow Jones Industrial (DJI) fell 88.32 points, or 0.72 percent to 12169.88. The broader Standard & Poor's 500 index dropped 9.82 points, or 0.74 percent, to 1321.15. And the Nasdaq Composite Index fell 14.07 points, or 0.50 percent to 2784.67.
For this week, the Dow rose 0.3 percent and the S & P and Nasdaq both gain of 0.1 percent.
The trading volume registered 7.73 billion shares on the New York Stock Exchange, NYSE Amex and Nasdaq, below the daily average last year which amounted to 8.47 billion. (GoFinance)
Brent crude oil prices rose above USD116 per barrel and the CBOE VIX volatility index rose 2.7 percent to 19.11.
"After a trip occurs, the market becomes more vulnerable to any more news about oil price hikes," said Director of Trading and Derivatives Schwab Center for Financial Research Randy Frederic told Reuters, in Austin, Texas.
Whereas the positive sentiment came from employment data that is under the level of nine percent, for the first time in two months. But investors seem to quickly move to the issue of oil prices and create an index weakened.
Bank shares fell after Bank of America Merrill Lynch, said rising oil prices could make the performance of clients from banks weakened. Goldman declined 2.1 percent to $ 161.00 and Citi down about 3 percent to $ 4.54. KBW Bank Index (BKX.) lost 1.5 percent.
At the close of trading on Friday (04/03/2011), Dow Jones Industrial (DJI) fell 88.32 points, or 0.72 percent to 12169.88. The broader Standard & Poor's 500 index dropped 9.82 points, or 0.74 percent, to 1321.15. And the Nasdaq Composite Index fell 14.07 points, or 0.50 percent to 2784.67.
For this week, the Dow rose 0.3 percent and the S & P and Nasdaq both gain of 0.1 percent.
The trading volume registered 7.73 billion shares on the New York Stock Exchange, NYSE Amex and Nasdaq, below the daily average last year which amounted to 8.47 billion. (GoFinance)
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