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3/1/11

JCI corrected 26 points and weakened Continues ?

Jakarta - The Composite Stock Price Index (CSPI) slid 26 pointsafter a strong high in trading yesterday. Profit taking makes the index fell further in slowly.

While the rupiah against the U.S. dollar (U.S.) opened stagnant in the position of Rp 8815 per U.S. dollar equal to yesterday's closing.


In preopening trading, stock index fell 25.596 points directly(0.73%) to the level of 3487.021. While LQ 45 Index fell 6.569points (1.06%) to a level of 616.171.

He started trading on Wednesday (02/03/2011), JCI open lower26.341 points (0.75%) to the level of 3486.276. LQ 45 Indexopened down 6.691 points (1.07%) to a level of 616.049.

Until around 9:35 when JATS, JCI down deeper and deeper,corrected 33.443 points (0.95%) to the level of 3479.174. WhileLQ 45 Index fell 7.290 points (1.17%) to a level of 615.540.
After the Central Bureau of Statistics (BPS) announced in February inflation figures are not too high, the last trading day of investors buying back stocks featured. Yesterday, JCI rode 42.269points (1.21%) to the level of 3512.617.

Today CSPI estimated prone correction, in addition to gainsalready quite high also overshadowed the negative sentimentimpeachment of global exchanges.

Exchanges in Asia has been hit by negative sentiment. This morning, all depressed and slumped in the red zone with asignificant weakening.

The following conditions regional bourses this morning:

Shanghai Composite Index fell 4.60 points, thin (0.16%) to a level of 2914.32.
Hang Seng Index plunged 334.67 points (1.43%) to the level23061.75.
The Nikkei 225 fell 178.85 points (1.66%) to the level 10575.18.
Straits Times Index fell 23.52 points (0.77%) to a level of 3044.08.
While the rupiah against the U.S. dollar opened stagnant in theposition of Rp 8815 per U.S. dollar equal to yesterday's closing.
Source: detikfinance.com

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