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9/13/11

Remove foreign stocks Rp 592 Billion, JCI trimmed 21 pts ?


Jakarta - Composite Stock Price Index (CSPI) tepangkas 21 points on the flight of foreign funds of Rp 592 billion. The value of transactions on the trading floor is not too high with a fairly quiet trading.
While the rupiah against the U.S. dollar (U.S.) closed lower on the position of Rp 8630 per U.S. dollar compared to the close of trading yesterday at Rp 8615 per U.S. dollar.
Started trading this morning, stock index opened higher thin 9.577 points (0.24%) to a level of 3905.696. European debt crisis fears subside slightly after China intends to buy Italian bonds.
Despite continued to strengthen gradually, but investors are still not fully confident in the global economic situation. Because the debt crisis in Europe is still not completely recovered.
The index had climbed to the highest position today at 3929.549.After that the movement of stock index not rise too high, only in the range of 15-25 points.
At the closing session of the trading, stock index rose 14.804 points (0.37%) to a level of 3910.923. Investors are not fully confident in the global economic conditions that hampered the pace of JCI.
Entering the second trading session, the selling pressure was made primarily to foreign investors. Index had to fall into the red zone and had fallen to its lowest position at 3855.036.
End the trade on Tuesday (09/13/2011), Jakarta Composite Index closed down 21.336 points, trimmed (0.55%) to a level of 3874.783. While LQ 45 Index closed down 3.640 points (0.53%) to a level of 680.544.
Only two sectoral indices which still survive in the green zone, agribusiness and consumer sectors. While the rest are forced to settle for entrenched in negative territory due to selling pressure.
Sizeable foreign selling, coupled with foreign investors. Foreign investor transactions recorded to net sales (net foreign sell) valued at USD 592.055 billion in the entire market.
Today's trading was fairly quiet running with a frequency of 139 854 times on transaction volume reached 4.242 billion shares worth Rp 3.343 trillion. A total of 105 stocks rose, the remaining 114 stocks fell, and 105 shares stagnant.
European bourses opened this afternoon is recovering, German and French stock market rose 1.5%, while the UK stock market rose 1.2%. Unfortunately, the stock actually moves mixed in Asia, only Japanese stocks are still scoring points.
Here's the situation and conditions in Asian bourses this afternoon:

Shanghai Composite Index tumbled 26.45 points (1.06%) to a level of 2471.30. The Nikkei 225 climbed 80.88 points (0.95%) to a level of 8616.55.Straits Times Index fell 5.53 points (0.20%) to a level of 2738.05.
Stocks are up significantly and entered the ranks of top gainers including Gudang Garam (GGRM) rose Rp 750 to Rp 58,000, Central Omega (DKFT) up to Rp 625 to Rp 3150, Indo Tambangraya (ITMG) up to Rp 300 to Rp 44,700, and Indomobil (IMAS) up to Rp 300 to Rp 11,900.
While stocks are down quite deep and into the category of top losers include Dian Swastatika (DSSA) fell to Rp 1,500 to Rp 16,300, United Tractor (UNTR) fell Rp 700 to Rp 23,600, Means Tower (TOWR) fell Rp 500 to Rp 11,000, and Bukit Asam (PTBA) fell Rp 450 to Rp 18,800. source: detik.com


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