Go Finance report - the Asian Development Bank (ADB) announced that the East Asian economies will grow to 8.8 percent by the end of this year before eventually will slow to 7.3 percent in 2011 amid concerns about the global economy.
This occurs because of the strength of stock markets in the region that continues to rebound, however, the ADB forecast for 2010 is still below the level of 9.6 percent, below the economy's record in 2007.
"After slowing sharply in 2008 and 2009, the East Asian economy recovered strongly in 2010 which has resulted in GDP growth back close to 2007," ADB said as quoted by the official statement on Tuesday (12/07/2010).
Hong Kong, China, Thailand, Philippines, Korea and Singapore are the countries of the 14 countries analyzed in the annual report of the ADB announced.
According to the ADB, East Asia continues to lead the global recovery, with many countries that recorded a strong growth in the third quarter of 2010 driven by domestic demand, "the report said.
Previously, the report estimates the Updated Economic Development Asia (Asian Development Outlook Update) in September, ADB estimates the region's economy will grow 8.4 percent this year after achieving growth of 5.4 percent in 2009.
Estimated growth in 2010 which turned into this higher, mainly due to higher growth in the People's Republic of China from its original forecast that predicted by the ADB will reach 10.1 percent this year. This figure is higher than the previous estimate of 9.6 percent in September. "ADB is still expecting the economy of China will grow by 9.1 percent in 2011," he said.
In particular note the submitted separately on the overall performance of the developing Asian region, the ADB raised the estimated growth in the region to 8.6 percent from 8.2 percent in the estimated rate in September. Estimates for economic growth in developing Asia in 2011 was 7.3 percent.
Growth in Central Asia is now expected to reach 5.9 percent this year compared with a previous forecast of 5.1 percent. ADB estimates that the economy in South Asia will grow by 7.8 percent in 2010, where India is expected to grow by 8.5 percent this year. "Estimates of economic growth in the Pacific region remained at 4.3 percent in 2010," he said.
V-shaped economic recovery in East Asia that is growing, and the challenge for this region is to implement national policies that will change, rapid economic recovery is a long-term economic growth.
Risks that may arise in this area is higher than expected six months ago. Policy challenges arising from the slow recovery in countries with advanced economies, capital inflows, inflation and the price bubble is equally harmful cause instability and protectionism. (GoFinance)
Tuesday, December 7, 2010
Monday, December 6, 2010
::Early Week, JCI potentially corrected>>
Go Finance report - Composite Stock Price Index (CSPI) on the trade earlier this week predicted to be potentially corrected. Profit taking is expected to be triggered today's trading. In addition, this Monday interspersed with days off.
"From stochastic itself is still visible uptrend, on this day JCI will move in 3630-3730 range," said team Etrading Securities analyst, in a newsletter, in Jakarta on Monday (6/12/2010).
Known, JCI on Friday last week only one point close higher (0.04 percent) in the range of 3696 and failed to close above the 3700 level. The alien itself on this day still make a net buy of Rp381 billion in the regular market.
"And if we look at the RSI has successfully closed on Friday above the line 50, but on Friday JCI formation spinning tops and failed to penetrate the 3700 level which is the level of support so there is likely to occur correction," he explained.
For your information, on Friday last week JCI nearly plunged into the red zone at the close of stock trading. But, fortunately, JCI could still reach a point despite failing to park in 3700.
Negative sentiment was shadowing the global and regional markets helped push profit taking, especially in seed stocks.
JCI, Friday, December 3 pm closed rose 1.68 points, or 0.05 percent to 3696.26. LQ45 index was also slightly decreased 1.72 points to 670.86, while the Jakarta Islamic Index (JII) actually sinkhole 6.07 points to 525.48. (GoFinance)
"From stochastic itself is still visible uptrend, on this day JCI will move in 3630-3730 range," said team Etrading Securities analyst, in a newsletter, in Jakarta on Monday (6/12/2010).
Known, JCI on Friday last week only one point close higher (0.04 percent) in the range of 3696 and failed to close above the 3700 level. The alien itself on this day still make a net buy of Rp381 billion in the regular market.
"And if we look at the RSI has successfully closed on Friday above the line 50, but on Friday JCI formation spinning tops and failed to penetrate the 3700 level which is the level of support so there is likely to occur correction," he explained.
For your information, on Friday last week JCI nearly plunged into the red zone at the close of stock trading. But, fortunately, JCI could still reach a point despite failing to park in 3700.
Negative sentiment was shadowing the global and regional markets helped push profit taking, especially in seed stocks.
JCI, Friday, December 3 pm closed rose 1.68 points, or 0.05 percent to 3696.26. LQ45 index was also slightly decreased 1.72 points to 670.86, while the Jakarta Islamic Index (JII) actually sinkhole 6.07 points to 525.48. (GoFinance)
Sunday, December 5, 2010
::Disaster, Community Capital Markets issued a Rp1, 75 M>>
Go finance reports - To help victims of natural disasters in Indonesia, the community has the capital markets channel funds amounting to Rp1, 75 billion through the Indonesian Red Cross (PMI). The funds will be distributed to disaster victims PMI at Merapi, Mentawai, and Wasior.
"A grant of Rp1, 75 billion was a merger of Bapepam-LK, IDX, KSEI, and KPEI. Also listed issuers and members of the stock or securities firms," said Chairman of Bapepam-LK Fuad Rahmany, in Jakarta, Friday (3 / 12 / 2010) night.
Fuad said that, although the amount is not large compared to the difficulties faced by victims, but when combined can be useful for them.
Additionally Self Regulatory Organization also provided assistance amounting to Rp500 million for the PMI to improve the quality of PMI outlets across Indonesia.
"As of 30 November 2010, PMI has distributed aid from donors. The total of more than Rp25 billion to disaster victims Wasior floods, tsunamis Mentawai, and Mount Merapi," said PMI Chairman Jusuf Kalla, in the same place. (GoFinance)
"A grant of Rp1, 75 billion was a merger of Bapepam-LK, IDX, KSEI, and KPEI. Also listed issuers and members of the stock or securities firms," said Chairman of Bapepam-LK Fuad Rahmany, in Jakarta, Friday (3 / 12 / 2010) night.
Fuad said that, although the amount is not large compared to the difficulties faced by victims, but when combined can be useful for them.
Additionally Self Regulatory Organization also provided assistance amounting to Rp500 million for the PMI to improve the quality of PMI outlets across Indonesia.
"As of 30 November 2010, PMI has distributed aid from donors. The total of more than Rp25 billion to disaster victims Wasior floods, tsunamis Mentawai, and Mount Merapi," said PMI Chairman Jusuf Kalla, in the same place. (GoFinance)
Saturday, December 4, 2010
::Print only one point, JCI Almost mired>>
Go Finance - Composite Stock Price Index (CSPI) was almost plunged into the red zone at the close of trading this weekend. Fortunately, JCI could still reach a point despite failing to park in 3700.
Negative sentiment began to haunt the global and regional markets helped push profit taking, especially at the leading stocks in today's trading.
CSPI, on Friday (03/12/2010) evening rose 1.68 points, or 0.05 percent to 3696.26. LQ45 index was also slightly decreased 1.72 points to 670.86, while the Jakarta Islamic Index (JII) actually sinkhole 6.07 points to 525.48.
The total transaction value was recorded at Rp4, 48 trillion by volume amounted to 4.18 billion shares. A total of 104 stocks moving higher, 115 registered shares weakened, and 85 shares still observed stagnant.
A number of mixed moving sector where the highest strengthening is still led by the plantation sector which rocketed up 24.51 points, 9.86 points followed by the financial sector. While the manufacturing sector fell 11.41 points, and mining down 10.09 points.
Asian stocks mixed this afternoon just move where Japan's Nikkei 225 rose 9.8 points, or 0.1 percent, to 10,178.32, while Hang Seng sinkhole 128.26 points, or 0.55 percent to 23,320.52 followed by the Straits Times who also dropped 22 , 09 points, or 0.69 percent to 3175.87.
In line with the stock Asian, European markets also moved mixed where the FTSE 100 index fell 2.19 points, thin or 0.04 percent, the DAX fell 4.42 points, or 0.06 percent, to 6953.19, while the CAC 40 rose 13.9 points, or 0.37 percent to 3760.94.
Stocks that move strengthened (Top gainers), of which PT Multi Prima Sejahtera Tbk (LPIN) rose Rp800 to Rp4.000, PT Goodyear Indonesia Tbk (GDYR) rose Rp600 to Rp10.500, PT Bank Negara Indonesia Tbk (BBNI) rose Rp575 to Rp4.700, and PT Astra Agro Lestari Tbk (AALI) rose 300 to Rp25.400.
Meanwhile, stocks that move down (top lossers) including PT Astra International Tbk (ASII) down Rp1.300 to Rp52.750, PT Bayan Resources Tbk (ITMG) down Rp950 to Rp46.800, PT Unilever Indonesia Tbk ( UNVR) down 500 to Rp16.200, and PT Indocement Tunggal Prakasa Tbk (INTP) down 500 to Rp16.450. (Go Finance)
Negative sentiment began to haunt the global and regional markets helped push profit taking, especially at the leading stocks in today's trading.
CSPI, on Friday (03/12/2010) evening rose 1.68 points, or 0.05 percent to 3696.26. LQ45 index was also slightly decreased 1.72 points to 670.86, while the Jakarta Islamic Index (JII) actually sinkhole 6.07 points to 525.48.
The total transaction value was recorded at Rp4, 48 trillion by volume amounted to 4.18 billion shares. A total of 104 stocks moving higher, 115 registered shares weakened, and 85 shares still observed stagnant.
A number of mixed moving sector where the highest strengthening is still led by the plantation sector which rocketed up 24.51 points, 9.86 points followed by the financial sector. While the manufacturing sector fell 11.41 points, and mining down 10.09 points.
Asian stocks mixed this afternoon just move where Japan's Nikkei 225 rose 9.8 points, or 0.1 percent, to 10,178.32, while Hang Seng sinkhole 128.26 points, or 0.55 percent to 23,320.52 followed by the Straits Times who also dropped 22 , 09 points, or 0.69 percent to 3175.87.
In line with the stock Asian, European markets also moved mixed where the FTSE 100 index fell 2.19 points, thin or 0.04 percent, the DAX fell 4.42 points, or 0.06 percent, to 6953.19, while the CAC 40 rose 13.9 points, or 0.37 percent to 3760.94.
Stocks that move strengthened (Top gainers), of which PT Multi Prima Sejahtera Tbk (LPIN) rose Rp800 to Rp4.000, PT Goodyear Indonesia Tbk (GDYR) rose Rp600 to Rp10.500, PT Bank Negara Indonesia Tbk (BBNI) rose Rp575 to Rp4.700, and PT Astra Agro Lestari Tbk (AALI) rose 300 to Rp25.400.
Meanwhile, stocks that move down (top lossers) including PT Astra International Tbk (ASII) down Rp1.300 to Rp52.750, PT Bayan Resources Tbk (ITMG) down Rp950 to Rp46.800, PT Unilever Indonesia Tbk ( UNVR) down 500 to Rp16.200, and PT Indocement Tunggal Prakasa Tbk (INTP) down 500 to Rp16.450. (Go Finance)
Friday, December 3, 2010
::Rupiah Will Perched on Rp8.990-Rp9.010>>
Go Finance - The rupiah closed stronger yesterday thin, this positive sentiment is predicted to follow the movement of dollars today. Strengthening will be continued in the range of Rp8.990-Rp9.010 per USD.
"The recovery of investor sentiment will make the Asian market today tend to move positively, including the strengthening of the rupiah will continue to penetrate Rp8.990 per USD," said Samuel Securities analyst Lana Soelistianingsih, in a newsletter, in Jakarta, Friday (3 / 12 / 2010).
In addition, the strengthening of the rupiah also due to support from the domestic factor is the possibility of the BI rate, which can survive in the level of 6.5 percent in the Board of Governors (RDG) today and plans to raise ratings Moody's Indonesia.
Known, global markets rebounded and recorded an increase both in stocks, commodities, and bond yields. The rupiah closed stronger thin to Rp9.018 per USD (Bloomberg middle rate).
"Global sentiment quickly recovered with the EU to do the rescue plan one big package, including for the debt of Portugal, Spain and Italy. Plus issuesKorea is weakened by leaking documents that North Korea's action is not supported China, "he said. (Go Finance)
"The recovery of investor sentiment will make the Asian market today tend to move positively, including the strengthening of the rupiah will continue to penetrate Rp8.990 per USD," said Samuel Securities analyst Lana Soelistianingsih, in a newsletter, in Jakarta, Friday (3 / 12 / 2010).
In addition, the strengthening of the rupiah also due to support from the domestic factor is the possibility of the BI rate, which can survive in the level of 6.5 percent in the Board of Governors (RDG) today and plans to raise ratings Moody's Indonesia.
Known, global markets rebounded and recorded an increase both in stocks, commodities, and bond yields. The rupiah closed stronger thin to Rp9.018 per USD (Bloomberg middle rate).
"Global sentiment quickly recovered with the EU to do the rescue plan one big package, including for the debt of Portugal, Spain and Italy. Plus issuesKorea is weakened by leaking documents that North Korea's action is not supported China, "he said. (Go Finance)
::Stock Markets Rally on Wall Street Moves>>
go finance report - Wall Street rallied on Thursday recorded local time as a concern due to the debt crisis, Europe to shrink, forcing investors to reverse bets become bearish on the market.
"Several times this year, we are afraid to invest in national debt. As a trader, we are getting more confident this will be a time that is really important," said a senior trader at regional investment bank Wedbush Morgan in Los Angeles, Michael James, quoted by Reuters on Friday (03/12/2010).
On average, the Dow Jones Industrial (DJI) rose 106.63 points, or 0.95 percent, to 11362.41. The broader Standard & Poor's 500 (SPX) rose 15.46 points, or 1.28 percent to 1221.53. While the Nasdaq Composite Index (IXIC) added 29.92 points, or 1.17 percent to 2579.35.
Known, data from the Commodity Futures Trading Commission showed net short-term position-E mini S & P futures rose to more than 210 thousand contracts, this being the largest short position since the week of July 22, 2008.
Traders said the European Central Bank (ECB) has purchased bonds Portugal and Ireland, which supported the market even the central bank said there would be no acceleration program on the market.
Meanwhile, much stronger than expected, sales of U.S. retailers in November was a sharp jump in pending home sales, and labor market data the better is the latest sign that U.S. economic recovery on track and likely in recession double-dip. (go finance)
"Several times this year, we are afraid to invest in national debt. As a trader, we are getting more confident this will be a time that is really important," said a senior trader at regional investment bank Wedbush Morgan in Los Angeles, Michael James, quoted by Reuters on Friday (03/12/2010).
On average, the Dow Jones Industrial (DJI) rose 106.63 points, or 0.95 percent, to 11362.41. The broader Standard & Poor's 500 (SPX) rose 15.46 points, or 1.28 percent to 1221.53. While the Nasdaq Composite Index (IXIC) added 29.92 points, or 1.17 percent to 2579.35.
Known, data from the Commodity Futures Trading Commission showed net short-term position-E mini S & P futures rose to more than 210 thousand contracts, this being the largest short position since the week of July 22, 2008.
Traders said the European Central Bank (ECB) has purchased bonds Portugal and Ireland, which supported the market even the central bank said there would be no acceleration program on the market.
Meanwhile, much stronger than expected, sales of U.S. retailers in November was a sharp jump in pending home sales, and labor market data the better is the latest sign that U.S. economic recovery on track and likely in recession double-dip. (go finance)
Thursday, December 2, 2010
::LQ45 Kerek JCI Up 87.88 Points>>
go-finance report - Asian stock markets looked back positive moves, including Composite Stock Price Index (CSPI). Stock index also rises by the stock look incorporated in LQ45.
JCI, in late trading today, Wednesday (12/1/2010) rose 87.88 points, or 2.49 percent to 3619.09. LQ45 also rose to 18.63 points to 656.71 and the Jakarta Islamic Index (JII) increased 9.3 points to 518.08.
Asian stock markets also appeared to start re-excited. This afternoon the Nikkei rose 51 points to 9988, Hang Seng rose 241.81 points to 23249.8 and Straits Times gained 37.24 points to 3181.94.
The total transaction value was recorded at Rp 5, 6 trillion by volume amounted to 6.86 billion shares. A total of 167 stocks moving higher, 68 stocks fell and 72 shares remain stagnant.
Mining sector seems to have strengthened by 87.2 points, followed by the plantation sector, which rose 42.2 points. Then the consumption sector rose 30.65 points and the infrastructure sector rose 23.4 points.
Stocks that move strengthened (Top gainers) is PT Gudang Garam Tbk (GGRM) rose Rp1.300 to Rp42.000, PT Bukit Asam Tbk (PTBA) rose Rp1.150 to Rp19.850, PT Dian Swastatika Santosa Tbk (DSSA) rose 1,000 to Rp8.600 and PT United Tractors Tbk (UNTR) rose Rp750 to Rp23.750.
While the stock is moving down (top lossers) is PT Bayan Resources Tbk (ITMG) down Rp2.150 to Rp46.900, PT Shoe Bata Tbk (BATA), down 1,000 to Rp61.000, PT Indosprings Tbk (inds) down 900 to Rp14.250 and Multibreeder Ind. Tbk PT (MBAI) down 400 to Rp16.800.
(Go-finance)
JCI, in late trading today, Wednesday (12/1/2010) rose 87.88 points, or 2.49 percent to 3619.09. LQ45 also rose to 18.63 points to 656.71 and the Jakarta Islamic Index (JII) increased 9.3 points to 518.08.
Asian stock markets also appeared to start re-excited. This afternoon the Nikkei rose 51 points to 9988, Hang Seng rose 241.81 points to 23249.8 and Straits Times gained 37.24 points to 3181.94.
The total transaction value was recorded at Rp 5, 6 trillion by volume amounted to 6.86 billion shares. A total of 167 stocks moving higher, 68 stocks fell and 72 shares remain stagnant.
Mining sector seems to have strengthened by 87.2 points, followed by the plantation sector, which rose 42.2 points. Then the consumption sector rose 30.65 points and the infrastructure sector rose 23.4 points.
Stocks that move strengthened (Top gainers) is PT Gudang Garam Tbk (GGRM) rose Rp1.300 to Rp42.000, PT Bukit Asam Tbk (PTBA) rose Rp1.150 to Rp19.850, PT Dian Swastatika Santosa Tbk (DSSA) rose 1,000 to Rp8.600 and PT United Tractors Tbk (UNTR) rose Rp750 to Rp23.750.
While the stock is moving down (top lossers) is PT Bayan Resources Tbk (ITMG) down Rp2.150 to Rp46.900, PT Shoe Bata Tbk (BATA), down 1,000 to Rp61.000, PT Indosprings Tbk (inds) down 900 to Rp14.250 and Multibreeder Ind. Tbk PT (MBAI) down 400 to Rp16.800.
(Go-finance)
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