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11/7/11

Investors cautious?

JAKARTA, - The investors are very cautious in trading on the bourses on Monday (7/11/2011). This can be seen from the thinness of the total value of transactions in the stock
, which only reached Rp 2.8 trillion. Instead of the usual value of the transaction can be reached Rp 5 trillion.

Composite Stock Price Index (CSPI) edged up just 5 points, or 0.15 percent, so the index ended at 3778.240. While LQ 45 Indexfell 0.912 points, or 0.14 percent, to 673.831. Foreign investorsrecorded net purchases amounting to Rp 371.4 billion.
While in Asian stock markets, investors trade with worry because of the situation in Greece is still uncertain. Tokyo Index fell 0.39 percent or 34.31 points to 8767.09 and Sydney fell 0.18 percentor 7.7 points to 4273.4. While the index in Seoul fell 0.48 percentor 9.31 points to 1919.1.
In addition, investors are also increasingly worried about the crisis spread to Italy. Euro zone ministers will meet again today. It seems that the talks will focus on how to suppress the increase inthe level of bond yields of Italy. In addition, the ministers are also expected to discuss the disbursement of bailout sixth as much as 8 billion euros to Greece as soon as possible.

Last weekend, the U.S. unemployment rate also declined from 9.1 percent to 9 percent, but it can not assure market participantsthat was no improvement in the U.S..

European stock markets also fell. FTSEEurofirst 300 fell 3.8percent after rising for five weeks.
source: kompas.com
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