Friday, September 23, 2011

Composite Stock Price Index Rebound 57 Point

Composite Stock Price Index (CSPI) managed to rebound 57 points on selective buying of local investors do. Indonesia Stock Exchange (BEI) is still the only one who rose in Asia.

While the rupiah against the U.S. dollar (U.S.) closed lower at Rp 8920 per U.S. dollar compared to yesterday's closing at Rp 8750 per U.S. dollar.

Started trading this morning, stock index opened down 92.462 points (2.75%) to a level of 3276.681 as a result of selling pressure that has not subsided. Investors have not stopped to reduce its portfolio so as not to fall too deep.

Selective buying was giving fresh air to the movement of the index, however, selling pressure is still there so that the index fell to its lowest position at 3258.372.

At the closing session of the trading, stock index rose 25.613 points (0.76%) to a level of 3394.756. Index was the only stock exchange in Asia to strengthen.

High enough buying interest of local investors led JCI today to its highest position at 3421.917. The atmosphere of the stock began trading on the floor a little excited.

End the weekend trade on Friday (09/23/2011), Jakarta Composite Index closed up 57.203 points (1.69%) to a level of 3426.346. While LQ 45 index closed down 14.511 points uphill (2.50%) to a level of 592.718.

Encourage selective buying of leading stocks are already cheap to strengthen. Similarly, the sectoral indices, which mayorits verdant, only the agro sector, mining, trade, and property are still weak.

Local investors dominate the purchase of shares, while foreign investors doing recorded net sales (net foreign sell) valued at USD 603.375 billion in the entire market.

Today's trading with the frequency of moderate walking 152 167 times on transaction volume reached 4.548 billion shares worth Rp 5.389 trillion. A total of 147 stocks rose, the remaining 110 stocks fell, and 62 shares stagnant.

In regional bourses closed lower as investors worried about a global economic recession, mainly from growth in a stagnant U.S. economy and the euro zone debt crisis.

Here's the situation and conditions on regional bourses this afternoon:

    Shanghai Composite Index fell 9.90 points (0.41%) to a level of 2433.16.
    Hang Seng Index plunged 243.12 points (1.36%) to a level of 17668.83.
    The Nikkei 225 fell 180.90 points (2.07%) to a level of 8560.26.
    Straits Times Index fell 19.75 points (0.73%) to a level of 2700.78.

The shares are up significantly and entered the ranks of top gainers among Indo Tambangraya (ITMG) up to Rp 1900 to Rp 40,650, Indocement (INTP) up to Rp 1300 to Rp 12,500, HM Sampoerna (HMSP) up to Rp 1250 to Rp 29,750, and Astra International (ASII) rose Rp 850 to Rp 58,850.

While stocks are down quite deep and into the category of top losers include Delta Jakarta (DLTA) fell to Rp 6,000 to Rp 119,000, Multibreeder (Mbai) fell to Rp 3800 to Rp 15,400, Mayora (MYOR) fell Rp 350 to Rp 13,200, and Indofood CBP (ICBP) fell Rp 300 to Rp 4650.

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