Go Finance Report - Oil prices fell close to USD88 per barrel in afternoon trading today in Asia, having previously had rocketed through the USD90 per barrel which is the highest level since the last two years. The decrease was due to the impact of profit taking.
As quoted by the Associated Press (AP), Wednesday (08/12/2010) decreased to 89 cents to as low as USD87, 8 per barrel for January delivery contract on the trade in the New York Mercantile Exchange (Nymex) this afternoon. Previously, he penetrated USD90, 76 per barrel, which is the highest achievement since 8 October 2008.
"It does not mengherangkan, mainly because of profit taking after crude oil through the level of USD90 per barrel in New York," said energy analyst with consultants Purvin & Gertz, Victor Shum.
Oil prices rallied on Tuesday after President Obama and Republican leaders agreed to extend the tax cuts since the Bush administration. In addition, a new factor of winter hit Europe and the U.S. also raised the demand for fuel.
Shum predicted the level of USD90 per barrel would not be sustainable for the time being amid the persistence of concerns about the spread of the debt crisis of Europe to Portugal and Spain. It is feared will make the U.S. dollar getting stronger so it can push oil prices for making commodity prices more expensive for investors holding other currencies.
"The fear that China may raise interest rates also will dampen oil markets, so the possibility of trading will be in the range of USD85-USD90 per barrel," said Shum.
In other Nymex trading in the contract of January, heating oil fell 1.8 cents to $ 2, 45 per gallon, gasoline futures gave up 2.3 cents to $ 2, 29 per gallon and natural gas fell two cents to $ 4, 38 per 1,000 cubic feet. Meanwhile, in London, Brent crude fell $ 1, 09 to USD90, 30 per barrel on the ICE Futures exchange. (GoFinance)
Thursday, December 9, 2010
::JCI Still Will Defend gains>>
Go Finance Reporting - Composite Stock Price Index (CSPI) on stock trading today will still be stronger retrace predicted developments bluechips stocks that move in the green belt so that the support JCI movement.
"On this day JCI will move in the range of 3700-3800 with stocks that can be considered include PT Harum Energy Tbk (HRUM), PT Adaro Energy Tbk (ADRO), PT Indocement Tbk (INTP), and PT Jasa Marga Page (JSMR), "said team Etrading Securities analyst, said here on Thursday (09/12/2010).
Described them, on Wednesday's trade stock index closed yesterday rose 47 points (1.28 percent) in the range of 3769 levels. Noted foreign conduct amounting to Rp204 billion net buy.
"From the RSI and stochastic seen JCI still uptrend and it is possible to achieve a new high if successful through 3777 and 3777 point to a point of resistance is one of the JCI and resistance point 2 is in the range of 3800," he explained.
Known, JCI Wednesday managed to gain 47 points at the close of trading today. Commodity sectors such as mining and plantations sustain the JCI movement today that is not affected by the negative sentiment on regional and global markets.
Jakarta Composite Index closed yesterday afternoon soared 47.64 points, or 1.28 percent equivalent to 3769.99. While the LQ45 index rises 6.32 points to 682.68 and the Jakarta Islamic Index (JII) rose 7.85 points to 538.16.
The value of this transaction on the day was recorded at Rp4, 31 trillion in transaction volume amounted to 5.737 billion shares, where the value of foreign transactions (net) amounted to Rp195, 374 billion. (GoFinance)
"On this day JCI will move in the range of 3700-3800 with stocks that can be considered include PT Harum Energy Tbk (HRUM), PT Adaro Energy Tbk (ADRO), PT Indocement Tbk (INTP), and PT Jasa Marga Page (JSMR), "said team Etrading Securities analyst, said here on Thursday (09/12/2010).
Described them, on Wednesday's trade stock index closed yesterday rose 47 points (1.28 percent) in the range of 3769 levels. Noted foreign conduct amounting to Rp204 billion net buy.
"From the RSI and stochastic seen JCI still uptrend and it is possible to achieve a new high if successful through 3777 and 3777 point to a point of resistance is one of the JCI and resistance point 2 is in the range of 3800," he explained.
Known, JCI Wednesday managed to gain 47 points at the close of trading today. Commodity sectors such as mining and plantations sustain the JCI movement today that is not affected by the negative sentiment on regional and global markets.
Jakarta Composite Index closed yesterday afternoon soared 47.64 points, or 1.28 percent equivalent to 3769.99. While the LQ45 index rises 6.32 points to 682.68 and the Jakarta Islamic Index (JII) rose 7.85 points to 538.16.
The value of this transaction on the day was recorded at Rp4, 31 trillion in transaction volume amounted to 5.737 billion shares, where the value of foreign transactions (net) amounted to Rp195, 374 billion. (GoFinance)
::Almost rupiah reached Rp9.050>>
Go Finance Reporting - The movement of the rupiah today seem not as good as Monday's trading. This time the rupiah weakened almost perched on the position Rp9.050 per USD. In fact, today is predicted to continue strengthening rupiah.
Amount based on the exchange rate of Bank Indonesia (BI), Wednesday (12/08/2010) afternoon Rp9.050 per USD closed lower. While based on yahoofinance, the rupiah closed lower Rp9.032, 5 with a range of Rp9.005-Rp9.037 per USD.
As reported earlier, in trading Monday despite a decline in WTI oil prices, but market sentiment will continue and will make the rupiah penetrate below the level of Rp9.000 per USD.
As is known, the Indonesian market was yesterday recorded a holiday, but the rupiah in the foreign trade is still running. The rupiah closed stronger thin to Rp9.003 per USD (Bloomberg middle rate), in line with the strengthening of other Asian currencies. (GoFinance)
Amount based on the exchange rate of Bank Indonesia (BI), Wednesday (12/08/2010) afternoon Rp9.050 per USD closed lower. While based on yahoofinance, the rupiah closed lower Rp9.032, 5 with a range of Rp9.005-Rp9.037 per USD.
As reported earlier, in trading Monday despite a decline in WTI oil prices, but market sentiment will continue and will make the rupiah penetrate below the level of Rp9.000 per USD.
As is known, the Indonesian market was yesterday recorded a holiday, but the rupiah in the foreign trade is still running. The rupiah closed stronger thin to Rp9.003 per USD (Bloomberg middle rate), in line with the strengthening of other Asian currencies. (GoFinance)
::Stocks Commodities chock JCI Achieve 47 pts>>
Go Finance Reporting - Composite Stock Price Index (CSPI) managed to gain 47 points at the close of trading today. Commodity sectors such as mining and plantations sustain the JCI movement today that is not affected by the negative sentiment on regional and global markets.
CSPI, on Wednesday (12/08/2010) evening closed soared 47.64 points, or 1.28 percent equivalent to 3769.99. While the LQ45 index rises 6.32 points to 682.68 and the Jakarta Islamic Index (JII) rose 7.85 points to 538.16.
The value of this transaction on the day was recorded at Rp4, 31 trillion in transaction volume amounted to 5.737 billion shares, where the value of foreign transactions (net) amounted to Rp195, 374 billion.
Asian stocks are still moving mixed, where the Hang Seng index up 335.63 points ambles to 23092.52. Meanwhile, the Nikkei 225 index rose 91.23 points, or 0.9 percent, to 10,232.33 followed by the Straits Times who participated edged up 6.95 points, or 0.22 percent, to to 3198.83.
Meanwhile, European bourses in early trade actually began to move negative where the FTSE 100 index fell 8.44 points, or 0.15 percent to 5800.01, the CAC 40 fell 11.42 points, or 0.3 percent, to 3799.08 and the DAX is down 13 , 35 points or 0.19 percent, to 6988.56.
The sectors which recorded a positive trade of mining sector which rose to 74.73 points, followed by the plantation sector rose 34.66 points. While the consumption sector is decreasing 6.88 points.
Stocks that move strengthened (Top gainers), of which PT Bayan Resources Tbk (ITMG) rose Rp3.000 to Rp51.500, PT Dian Swastatika Sentosa Tbk (DSSA) rose Rp2.150 to Rp13.000, PT Astra International Tbk (ASII) rose Rp1.650 to Rp54.550, and PT Sarana Tbk Menara Nusantara Tbk (TOWR) rose Rp1.550 to Rp13.500.
Meanwhile, stocks that move down (top lossers) of whom Multibreeder Indonesia Tbk PT (MBAI) down Rp800 to Rp15.500, PT Gudang Garam Tbk (GGRM) down 400 to Rp45.400, and statements of PT (hexa) down Rp300 to Rp6.850. (GoFinance)
CSPI, on Wednesday (12/08/2010) evening closed soared 47.64 points, or 1.28 percent equivalent to 3769.99. While the LQ45 index rises 6.32 points to 682.68 and the Jakarta Islamic Index (JII) rose 7.85 points to 538.16.
The value of this transaction on the day was recorded at Rp4, 31 trillion in transaction volume amounted to 5.737 billion shares, where the value of foreign transactions (net) amounted to Rp195, 374 billion.
Asian stocks are still moving mixed, where the Hang Seng index up 335.63 points ambles to 23092.52. Meanwhile, the Nikkei 225 index rose 91.23 points, or 0.9 percent, to 10,232.33 followed by the Straits Times who participated edged up 6.95 points, or 0.22 percent, to to 3198.83.
Meanwhile, European bourses in early trade actually began to move negative where the FTSE 100 index fell 8.44 points, or 0.15 percent to 5800.01, the CAC 40 fell 11.42 points, or 0.3 percent, to 3799.08 and the DAX is down 13 , 35 points or 0.19 percent, to 6988.56.
The sectors which recorded a positive trade of mining sector which rose to 74.73 points, followed by the plantation sector rose 34.66 points. While the consumption sector is decreasing 6.88 points.
Stocks that move strengthened (Top gainers), of which PT Bayan Resources Tbk (ITMG) rose Rp3.000 to Rp51.500, PT Dian Swastatika Sentosa Tbk (DSSA) rose Rp2.150 to Rp13.000, PT Astra International Tbk (ASII) rose Rp1.650 to Rp54.550, and PT Sarana Tbk Menara Nusantara Tbk (TOWR) rose Rp1.550 to Rp13.500.
Meanwhile, stocks that move down (top lossers) of whom Multibreeder Indonesia Tbk PT (MBAI) down Rp800 to Rp15.500, PT Gudang Garam Tbk (GGRM) down 400 to Rp45.400, and statements of PT (hexa) down Rp300 to Rp6.850. (GoFinance)
Wednesday, December 8, 2010
::Sag Hang Seng, Jakarta Composite Index rose 32 points>>
Go Finance Reporting - Composite Stock Price Index (CSPI) this afternoon closed the show development, the Jakarta Composite Index closed down more victorious and gained 32 points, well above the 3700 level.
Wednesday (08/12/2010) The first session index closed up 32.56 points, or 0.87 percent equivalent. While the LQ45 index rose 5.52 points to 681.88 and the Jakarta Islamic Index (JII) rose 5.32 points to 535.63.
The value of this transaction on the day was recorded at Rp 4, 4 trillion with a transaction volume amounted to 5.11 billion shares with a total frequency of 61,019 times.
Asian stocks mixed moves, where the Hang Seng index drop 206.08 points recorded directly to 23222.07 after this morning had been in the green belt. Nikkei 225 Index rose 80.72 points, or 0.80 percent to 10221.82, and the Straits Times drove thin 5.08 points to 3196.96.
Stocks that move strengthened (Top gainers), namely PT Bayan Resources Tbk (ITMG) rose Rp2.350 to Rp50.850, PT Dian Swastatika Sentosa Tbk (DSSA) rose Rp1.150 to Rp12.000, PT Indocement Tunggal Tbk (INTP) rose Rp450 to Rp17.050, and PT Bukit Asam Tbk (PTBA) rose Rp400 to Rp22.800.
Meanwhile, stocks that move down (top lossers) of whom Multibreeder Indonesia Tbk PT (MBAI) down 500 to Rp15.800, PT Inovisi Infracom Tbk (INVS) down Rp250 to Rp5.800, and PT Bank Negara Indonesia Tbk (BBNI) down Rp200 to Rp4.100. (GoFinance)
Wednesday (08/12/2010) The first session index closed up 32.56 points, or 0.87 percent equivalent. While the LQ45 index rose 5.52 points to 681.88 and the Jakarta Islamic Index (JII) rose 5.32 points to 535.63.
The value of this transaction on the day was recorded at Rp 4, 4 trillion with a transaction volume amounted to 5.11 billion shares with a total frequency of 61,019 times.
Asian stocks mixed moves, where the Hang Seng index drop 206.08 points recorded directly to 23222.07 after this morning had been in the green belt. Nikkei 225 Index rose 80.72 points, or 0.80 percent to 10221.82, and the Straits Times drove thin 5.08 points to 3196.96.
Stocks that move strengthened (Top gainers), namely PT Bayan Resources Tbk (ITMG) rose Rp2.350 to Rp50.850, PT Dian Swastatika Sentosa Tbk (DSSA) rose Rp1.150 to Rp12.000, PT Indocement Tunggal Tbk (INTP) rose Rp450 to Rp17.050, and PT Bukit Asam Tbk (PTBA) rose Rp400 to Rp22.800.
Meanwhile, stocks that move down (top lossers) of whom Multibreeder Indonesia Tbk PT (MBAI) down 500 to Rp15.800, PT Inovisi Infracom Tbk (INVS) down Rp250 to Rp5.800, and PT Bank Negara Indonesia Tbk (BBNI) down Rp200 to Rp4.100. (GoFinance)
Tuesday, December 7, 2010
::Board of Supervisors Want to Make Baseball Related Capital Market Loss>>
Go Finance report - Capital Market Supervisory Agency and Financial Institution Supervisory Agency (Bapepam-LK) reveal if it did not want to make the Indonesian capital market losers.
"We're baseball wanted to build our capital market loss," said Chairman of Bapepam-LK Fuad Rahmany, in the event Indonesian Brokers's Forum (IBF), themed Revealing the facts behind the polemics IPO of PT Krakatau Steel, at the Hotel Le Meridien, Jakarta, Monday (6 / 12/2010) night.
This refers to the regulations made by the Bapepam-LK for Indonesian capital market conducive. "The point we were making regulations, they are selling to the market but we also want to force that company's baseball loss, we want to make our capital market is conducive," he said.
As is known, the Indonesian capital market is growing prolifically. Proven Composite Stock Price Index (CSPI) rose rapidly, as well as the exchange rate.
Vice President Mohammad Reza Securities Erdikha some time ago to explain if the fund flow (flow of funds) continue to go to Indonesia because of fundamentals and a promising outlook for profits.
But, he explained if the fund flow is usually only go into a fund portfolio hot (hot money), not to get into the real sector (cold money). Consequently, if conditions beyond the better portfolio, fund flow is bound to come out. (GoFinance)
"We're baseball wanted to build our capital market loss," said Chairman of Bapepam-LK Fuad Rahmany, in the event Indonesian Brokers's Forum (IBF), themed Revealing the facts behind the polemics IPO of PT Krakatau Steel, at the Hotel Le Meridien, Jakarta, Monday (6 / 12/2010) night.
This refers to the regulations made by the Bapepam-LK for Indonesian capital market conducive. "The point we were making regulations, they are selling to the market but we also want to force that company's baseball loss, we want to make our capital market is conducive," he said.
As is known, the Indonesian capital market is growing prolifically. Proven Composite Stock Price Index (CSPI) rose rapidly, as well as the exchange rate.
Vice President Mohammad Reza Securities Erdikha some time ago to explain if the fund flow (flow of funds) continue to go to Indonesia because of fundamentals and a promising outlook for profits.
But, he explained if the fund flow is usually only go into a fund portfolio hot (hot money), not to get into the real sector (cold money). Consequently, if conditions beyond the better portfolio, fund flow is bound to come out. (GoFinance)
::Debt Crisis Europe follow Wall Strett Flat>>
Go Finance report - Fears about Europe's debt crisis making investors frustrated and then find reasons to make the stock more valuable.
But stock futures edged higher after the president Barack Obama said it had reached an agreement with the Republican Party.
As quoted by Reuters on Tuesday (12/07/2010), S & P 500 Index was observed to fall, analysts still see the benchmark index will be in the new range with the level of 1227 on November 5. Limited technology stocks and the Nasdaq declined to give a positive sentiment for Cisco systems and Cognizant Technology Corp..
In Europe, Germany's finance minister rejected European Union proposals to increase lending to 750 billion Euros or the equivalent of $ 1 trillion to reduce the risk of debt.
Cisco (CSCO.O) rose 1.9 percent to USD19, 43 after Oppenheimer raised rating on the shares to outperform, and Cognizant (CTSH.O) rose 0.7 percent to USD69, 80 after Goldman Sachs recommended for purchase.
Also looking forward in equity, Goldman Sachs Asset Management Chairman Jim O'Neill, speaking at the Reuters 2011 Investment Outlook Summit in New York, gave a bullish outlook on the stock, said the global stock market will likely see profits by 20 percent through 2011.
On average, the Dow Jones Industrial (DJI.) dropped 19.90 points, or 0.17 percent, to 11,362.19. S & P 500 Index (SPX.) shed 1.59 points or 0.13 percent, to 1,223.12. But the Nasdaq Composite Index (IXIC.) successfully climbed 3.46 points, or 0.13 percent, to 2,594.92.
The trading volume registered 6.27 billion shares traded on the New York Stock Exchange, sedangan American Stock Exchange and Nasdaq, well below the average of 8.62. The decline in the New York Stock Exchange from 1500 to 1467 levels, down to the ratio of 4 to 3. (GoFinance)
Go Finance report - Fears about Europe's debt crisis making investors frustrated and then find reasons to make the stock more valuable.
But stock futures edged higher after the president Barack Obama said it had reached an agreement with the Republican Party.
As quoted by Reuters on Tuesday (12/07/2010), S & P 500 Index was observed to fall, analysts still see the benchmark index will be in the new range with the level of 1227 on November 5. Limited technology stocks and the Nasdaq declined to give a positive sentiment for Cisco systems and Cognizant Technology Corp..
In Europe, Germany's finance minister rejected European Union proposals to increase lending to 750 billion Euros or the equivalent of $ 1 trillion to reduce the risk of debt.
Cisco (CSCO.O) rose 1.9 percent to USD19, 43 after Oppenheimer raised rating on the shares to outperform, and Cognizant (CTSH.O) rose 0.7 percent to USD69, 80 after Goldman Sachs recommended for purchase.
Also looking forward in equity, Goldman Sachs Asset Management Chairman Jim O'Neill, speaking at the Reuters 2011 Investment Outlook Summit in New York, gave a bullish outlook on the stock, said the global stock market will likely see profits by 20 percent through 2011.
On average, the Dow Jones Industrial (DJI.) dropped 19.90 points, or 0.17 percent, to 11,362.19. S & P 500 Index (SPX.) shed 1.59 points or 0.13 percent, to 1,223.12. But the Nasdaq Composite Index (IXIC.) successfully climbed 3.46 points, or 0.13 percent, to 2,594.92.
The trading volume registered 6.27 billion shares traded on the New York Stock Exchange, sedangan American Stock Exchange and Nasdaq, well below the average of 8.62. The decline in the New York Stock Exchange from 1500 to 1467 levels, down to the ratio of 4 to 3. (GoFinance)
But stock futures edged higher after the president Barack Obama said it had reached an agreement with the Republican Party.
As quoted by Reuters on Tuesday (12/07/2010), S & P 500 Index was observed to fall, analysts still see the benchmark index will be in the new range with the level of 1227 on November 5. Limited technology stocks and the Nasdaq declined to give a positive sentiment for Cisco systems and Cognizant Technology Corp..
In Europe, Germany's finance minister rejected European Union proposals to increase lending to 750 billion Euros or the equivalent of $ 1 trillion to reduce the risk of debt.
Cisco (CSCO.O) rose 1.9 percent to USD19, 43 after Oppenheimer raised rating on the shares to outperform, and Cognizant (CTSH.O) rose 0.7 percent to USD69, 80 after Goldman Sachs recommended for purchase.
Also looking forward in equity, Goldman Sachs Asset Management Chairman Jim O'Neill, speaking at the Reuters 2011 Investment Outlook Summit in New York, gave a bullish outlook on the stock, said the global stock market will likely see profits by 20 percent through 2011.
On average, the Dow Jones Industrial (DJI.) dropped 19.90 points, or 0.17 percent, to 11,362.19. S & P 500 Index (SPX.) shed 1.59 points or 0.13 percent, to 1,223.12. But the Nasdaq Composite Index (IXIC.) successfully climbed 3.46 points, or 0.13 percent, to 2,594.92.
The trading volume registered 6.27 billion shares traded on the New York Stock Exchange, sedangan American Stock Exchange and Nasdaq, well below the average of 8.62. The decline in the New York Stock Exchange from 1500 to 1467 levels, down to the ratio of 4 to 3. (GoFinance)
Go Finance report - Fears about Europe's debt crisis making investors frustrated and then find reasons to make the stock more valuable.
But stock futures edged higher after the president Barack Obama said it had reached an agreement with the Republican Party.
As quoted by Reuters on Tuesday (12/07/2010), S & P 500 Index was observed to fall, analysts still see the benchmark index will be in the new range with the level of 1227 on November 5. Limited technology stocks and the Nasdaq declined to give a positive sentiment for Cisco systems and Cognizant Technology Corp..
In Europe, Germany's finance minister rejected European Union proposals to increase lending to 750 billion Euros or the equivalent of $ 1 trillion to reduce the risk of debt.
Cisco (CSCO.O) rose 1.9 percent to USD19, 43 after Oppenheimer raised rating on the shares to outperform, and Cognizant (CTSH.O) rose 0.7 percent to USD69, 80 after Goldman Sachs recommended for purchase.
Also looking forward in equity, Goldman Sachs Asset Management Chairman Jim O'Neill, speaking at the Reuters 2011 Investment Outlook Summit in New York, gave a bullish outlook on the stock, said the global stock market will likely see profits by 20 percent through 2011.
On average, the Dow Jones Industrial (DJI.) dropped 19.90 points, or 0.17 percent, to 11,362.19. S & P 500 Index (SPX.) shed 1.59 points or 0.13 percent, to 1,223.12. But the Nasdaq Composite Index (IXIC.) successfully climbed 3.46 points, or 0.13 percent, to 2,594.92.
The trading volume registered 6.27 billion shares traded on the New York Stock Exchange, sedangan American Stock Exchange and Nasdaq, well below the average of 8.62. The decline in the New York Stock Exchange from 1500 to 1467 levels, down to the ratio of 4 to 3. (GoFinance)
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