JAKARTA - In contrast to the situation in Asia, the Composite Stock Price Index (CSPI) instead sped 2.11 percent at the close of trading Wednesday (02/11/2011). In fact, stocks in Asiatumbled.
Stock index closed down 78.022 points, or 2.11 streakingpercent, to 3763.034. While LQ 45 index rose 17.284 points, or2.64 percent, to 671.090.
Investors hunt for stocks whose price is already discounted a lot,especially the leading stocks based on various mines andindustries. However, foreign investors actually melempaskan their shares so that transactions recorded net sales of Rp 163.766billion.
Since the beginning of trading, Asian stock markets weakened.The Nikkei fell 2.21 percent, Sydney fell 1.14 percent, Seouldropped 0.61 percent, and Shanghai fell 0.35 percent.
"The referendum Greece and many doubts about the deal meansthat the situation has again raised the possibility that the situationwill again be down to zero again," said Mitul Kotecha, an economist at Credit Agricole's strategic. The central bank governor Perng Fai-nan is very hard, saying that the move wastantamount to throwing bombs into the financial markets.
European indexes opened higher on thin trading after earlierdeclining sharply. The FTSE 100 rose 0.7 percent on hopes there will be an announcement about the stimulus from the FOMC. The data will come out and is expected Purchasing Managers Index(PMI) which measures manufacturing activity.
source: kompas.com
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