Thursday, January 6, 2011

::Profit Taking IHSG trigger sinkhole 47 pts>>

Go Finance Reporting - Composite Stock Price Index (IHSG) getting worse with the loss of 47 points. More coloring profit taking today's trading rather than global sentiment that actually observed positive.

IHSG, on Thursday (06/01/2011) afternoon ambles closed 47.45 points or 1.25 percent, to 3736.26. LQ45, too, declined to 11.64 points to 666.08 and the Jakarta Islamic Index (JII) was down 8.79 points to 530.52.

The value of transactions recorded today Rp4, 549 trillion, with 2.883 billion shares. As many as 86 stocks advanced, 135 stocks fell, and 92 stocks remained unchanged in price. The value of foreign transactions recorded a net selling of the action amounted to Rp260, 6 billion.

Asian stocks are still moving mixed until this afternoon where the Nikkei 225 index raced 148.99 points, or 1.44 percent, to 10529.76. Followed by the Hang Seng index rose 28.48 points, or 0.12 percent to 23,786.3 and the Straits Times rose 22.8 points or 0.7 percent, to 3277.05. Meanwhile, the Shanghai Composite index was down 14.4 points or 0.51 percent to 2824.2.

Meanwhile, European bourses opened early trading today splendor where the FTSE 100 index rose 13.41 points, or 0.22 percent, to 6057.27, DAX rose 21.33 points, or 0.31 percent to 6961.15 and the CAC 40 rose 13 , 9 points, or 0.36 percent, to 3981.51.

Almost all the leading sector index sustaining a negative move, unless the trade sector which rose 9.04 points and the property sector rose 0.21 points. Meanwhile, the weakening of the deepest mining sector experienced a down 55.56 points, down 18.55 points the consumption sector and the plantation sector, down 12.79 points.

Stocks that move strengthened (Top gainers) PT Dian Swastatika Sentosa Tbk (DSSA) rose Rp2.500 to Rp21.000, PT United Tractors Tbk (UNTR) rose Rp500 to Rp25.900, and PT Surya Citra Media Tbk (SCMA) rose Rp200 to Rp3.700.

Meanwhile, stocks that move down (top lossers) include PT Bayan Resources Tbk (ITMG) down Rp1.300 to Rp55.500, PT Astra International Tbk (ASII) down Rp1.050 to Rp51.000, and PT Bukit Acid down 1,000 to Rp23.200. (GoFinance)

::Profit Taking, the rupiah weakened to Rp8.992/USD>>

Go Finance Reporting - The exchange rate seems to weaken. The pressure on the rupiah was in line with the profit taking of whack Composite Stock Price Index (IHSG).

Amount, according to the exchange rate of Bank Indonesia (BI) at the end of trading today, Thursday (06/01/2011) weakened to USD8.994 per USD, compared with the previous trading day which is on Rp8.987 per USD.

Meanwhile, according yahoofinance, the rupiah is in a position Rp8.992 per USD, with daily trading range of 0.5 to 9 .002,5 Rp8.982 per USD. But, the dollar looks weak against the euro. Where the present value of 1.3129 euros per U.S. dollar. But it is precisely the value of the dollar against the yen rose to 83.015 per U.S. dollar.

From the outside, the world crude oil prices still above USD90 per barrel level in Asian spot market this afternoon after reports employment data United States (U.S.) a better than expected. That is shore up investor optimism about the demand for crude oil continues to rise.

As quoted by the Associated Press (AP), Thursday (06/01/2011), crude oil for delivery in February only rose one cent to USD90, 31 per barrel in electronic trading on the New York Mercantile Exchange (Nymex).

U.S. private sector has opened up 297 thousand new jobs last month, an increase of up to three times more than originally expected by economists. This positive signal was already pushing the S & P 500 rose 0.5 percent early last week.

In addition to data about U.S. unemployment, the decline in crude supplies during this week also helped push oil prices becomes more sloping. U.S. Energy Department announced that U.S. crude inventories had fallen 4.2 million barrels, or 1.6 million barrels lower than previously estimated. (GoFinance)

::Positive sentiment Stronger Push Dow Jones Cs>>

Go Finance Reporting - expectations increasing number of jobs in the private sector create an index of shares in the United States (U.S.) experienced a strengthening.

The financial sector led the reinforcement, assisted by the credit card companies like Capital One Finance Corp., which rose 4.2 percent to USD45, 52. The S & P index that contains consumer finance large companies increased by 2.8 percent.

Projected increase in the amount of labor would reduce the amount of unemployment at such rates nearly tripled. The projections came two days before the report of government workers. Previously, a number of economists have downs in unemployment by the end of last week.

"The economy clearly growing rapidly. It is difficult to create a negative sentiment that makes the market go down in the first six months of this year," said Edward Hemmelgarn president of Shaker Investment in Cleveland was quoted as saying by Reuters.

The trading volume has also increased sharply after a long vacation that lasted for two weeks, indicating investors' participation in the latest stage of the rally is running this. Many indicators are pointing the market will reach its highest value of an array of time anymore.

Trading Wednesday (05/01/2011) local time, the Dow Jones industrial rose 31.71 points, or 0.27 percent to 11722.89. The broader Standard & Poor's 500 index rose 6.36 points, or 0.50 percent to 1276.56. The Nasdaq Composite Index rose 20.95 points, or 0.78 percent, to 2702.20.

U.S. private entrepreneurs to add as many as 297,000 jobs in December last. The report from ADP Employer Services showed employment data will show improved up to three times as much, like in 2000. (GoFinance)

::Projected Stronger, Stronger On the Level Rp8.970/USD Rupiah>>

Go Finance Reporting - Rising commodity prices are expected to be positive sentiment that pushed the rupiah has strengthened today.

"The increase in the WTI crude oil prices yesterday to USD90, 3 per barrel could be a positive factor strengthening the market today, including the rupiah,"said analyst Samuel Lana Soelistianingsih Securities Indonesia in his research on Thursday (05/01/2011).

"We expect the rupiah has strengthened the tendency around Rp8.970-Rp8.985 per USD in trading today," he added.

Previously, the rupiah exchange rate relatively stable trading yesterday, closed at Rp.8.983 per USD. Meanwhile, IHSG is still continuing rise, closing at 3783.71, while other Asian indices closed down.

Net foreign buying has shown improvement since the fifth week of December. The market also responded positively BI's decision to maintain the BI rate remained at 6.5 percent.

Meanwhile, according to the prevailing Bank Indonesia (BI) on Wednesday (5/1/2010), the rupiah weakened to a position Rp8.987 per USD compared with the previous trading day which is on Rp8.976 per USD. Meanwhile, according yahoofinance, the rupiah is in a position Rp8.982, 5 per USD, with a range of average daily trading at 0.5 to 8 .997,5 Rp8.972 per USD. (GoFinance)

Wednesday, January 5, 2011

::Wall Street Stocks Commodities eroded redness>>

Go Finance Reporting - Shares of commodity trading in stocks listed flushed on Wall Street, thus making the Dow Jones only increased slightly while others eroded though not deep.

Investors also have to swallow the disappointment of knowing this. In addition to the fears of small profits from retail companies or owners of the supermarket, so hit the food retailers and make the S & P and Nasdaq lower.

Reported by Reuters on Wednesday (05/01/2011), the average Dow Jones Industrial (DJI) edged up 20.43 points, or 0.18 percent to 11691.18. The broader Standard & Poor's 500 (SPX.) slid 1.67 points, or 0.13 percent, to 1270.20. And the Nasdaq Composite Index (IXIC) fell 10.27 points, or 0.38 percent to 2681.25.

The existence of strong volume on the second day of stock trading at the beginning of this year as investors to reshuffle their portfolio and equity analysts say the attraction is still in demand. Commodity stocks that fell was recorded as such as copper, oil and other commodities.

S & P index material (GSPM) even noted down 0.5 percent and the energy index (GSPE) eroded 0.6 percent. Materials and energy into the sector shares with the best performance in 2010.

"The movement of the S & P quite mild because the facts say there is little new interest in the market," said a senior equity index analyst at MF Global in Chicago, Nick Kalivas.

Known, the shares of the grocer Supervalu Inc. (SVU.N) dropped more than six percent and is the deepest in the S & P 500 index after Morgan Stanley told investors to reduce their shareholding. Meanwhile, shares of Safeway Inc. (SWY.N) and Whole Foods Market (WFMI.O) also observed slopes. (GoFinance)

::Pay attention Mining Stocks, IHSG Predicted Translucent 3780>>

Go Finance Reporting - Composite Stock Price Index (IHSG) today expect to move in the range of 3701-3780 with due regard to mining stocks and commodities are being dashed.

As for those stocks such as PT Bumi Resources Tbk (BUMI), PT Indah Kiat Pulp and Paper Tbk (INKP), PT Berau Coal Energy Tbk (Brau), and PT Aneka Tambang Tbk (ANTM).

"Technically seen IHSG is still in a bullish phase. It appears that the strengthening of the index followed by the increase in volume, and SMA5 line above the line of SMA20 and SMA60," said team Etrading Securities analyst, in Jakarta, Wednesday (01/05/2011).

As is known, IHSG closed yesterday rose 32 points or 0.87 percent to a level equivalent to the value of transactions 3760.06 Rp7 trillion. IHSG movement is still driven by coal mining sector and banking.

"Foreigners own recorded still make a net buy of Rp583 billion to the sector that many entered the coal mining and consumer goods," he said. (GoFinance)

Tuesday, January 4, 2011

::Stronger Dow Jones, Oil Prices Continue to Go USD92/Barel>>

Go Finance Report - Crude oil prices are still close to USD92 per barrel in Asian spot market this afternoon as a result of trading on the stock market optimism that participated gave positive sentiment towards the movement of trade in these commodities.

As quoted by the Associated Press (AP) Tuesday (01/04/2011), price of oil for February delivery rose seven cents to as low as USD91, 62 per barrel in electronic trading on the New York Mercantile Exchange (Nymex) during the day time Asia.

U.S. stock market early in its trade in 2011 rose 1.1 percent amid brisk most Asian markets led by Japan's Nikkei rose to 1.7 percent. Oil investors, often seen as a barometer of investor sentiment stocks overall.

"This trend will continue to be the economic optimism in improving the attractiveness of the oil markets as an asset class," said Ritterbusch and Associates report.

In other Nymex trading in the contract of February, heating oil rose 0.7 cents to $ 2, 56 per gallon, while gasoline futures rose 0.3 cents to $ 2, 43 per gallon. February natural gas futures fell 0.1 cents to $ 4, 64 per 1,000 cubic feet. While in London, Brent crude rose 16 cents to USD95 per barrel on the ICE Futures exchange. (GoFinance)