In trading Wednesday (27/10/2010), the Dow Jones closed down 43.18 points (0.39%) to the level 11126.28. The broader Standard & Poor’s 500 also fell thin 3.19 points (0.27%) to a level of 1.18245 and the Nasdaq rose 5.97 points (0.24%) to a level of 2503.26.

Stocks moving very volatile awaiting Federal Reserve meeting next week. Stock material which has jumped sharply in recent weeks because of high expectations to the presence of the stimulus eventually biggest daily decline. S & P Materials Index down 0.9%.

Investors initially very enthusiastic about responding to the presence of additional stimulus from the Fed to move again the U.S. economy. But the enthusiasm was whole when the Wall Street Journal reports the Fed is likely to prevent pendepatan a ‘shocking and awe’.

“People use that excuse to take profits after stocks rise sharply in recent months Sanat,” said Tim Holland, co-portfolio manager of Aston / TAMRO Diversified Equity Fund, as quoted by Reuters on Thursday (10/28/2010 .)

Material sector shares, which dropped large enough such as Freeport McMoRan Copper & Gold Inc., which slipped 2.8%, AK Steel Holding Co. slumped 3.4%.

Nasdaq shares rose thanks to price hikes up to 11.7% Broadcom Inc., a day after announcing a staggering revenue projections.

Stock trading is very thin, with transactions on the New York Stock Exchange amounted to only 7.8 billion shares, below the average this year of 8.75 billion.

“Last year was a year with a profit rate that is sustainable, even though the world is in recession. This is the result of adapting the spirit in bad condition,” said Emirates Chairman Gr OUP, Your Highness Sheik Ahmed bin Saeed Al Maktoum, Thursday (13 / 5).

Sheik Ahmed said Emirates’ growth because of competition not because of protectionism. And the key to success in 2009 was the effective transfer of staff, ability to retain talented employees, and unpaid leave programs voluntarily.

Revenue from airline Emirates for example, only remained stable at 11.8 billion, up 0.4 percent from a year earlier. But Emirates’ profits, up 416 percent to 964 million U.S. dollars.

That’s because Emirates airline total operating costs down 2.7 percent over the previous year. And, the decline in fuel costs in the years 2009-2010 amounted to 691 million U.S. dollars.

Last year, Emirates’ fleet is also added with 15 new aircraft, ie, four Airbus A380s, 10 Boeing 777-300ER and one Boeing 777-200 LR aircraft cargo. So that at the end of the financial year, Emirates’ fleet reached 142 aircraft, including four freighters.

“All (decrease) is due to the euro,” said Dave Rovelli, managing director of U.S. equity trading at Cannaccord Adams, Saturday (5/15/2010), as cited by CNNmoney. Though he added, declining euro dollar exchange rate has strengthened.

Nevertheless, in this week, the Dow Jones actually rose 2.3 percent, S & P 500 rose 2.2 percent and the Nasdaq rose 3.6 percent. But fluctuations in the stock index, the direction of movement of the index of ambiguity, causing investors to switch to the dollar, gold and government bonds.

U.S. stock market, of course, paid great attention to conditions in Europe. Rovelli said, when the European economy worsens, then going to hurt our company. For example, 20 percent of Hewlett-Packard’s business value will be affected, as well as Cisco Systems.

Gold Prices
In the midst of the declining value of the euro, which reached their lowest point in the last 18 months, and fluctuations in stock prices, gold prices continued to record highs. This is because the investors putting their money in gold.

Last Friday, gold prices have reached 1249.70 per ounce. Analysts call this week as gold mania time. When investors no longer comfortable holding the euro currency, or stock sheets.

SingTel, which has a market across Asia Pacific, said its net profit in the three months to March reached 1.02 billion Singapore dollars (740 million U.S. dollars), exceeding market expectations.

Fourth quarter revenue reached 4.47 billion dollars or an increase of 25.4 percent over the previous year. While for the full year ended March 21, the company’s revenues reached 3.91 billion dollars or an increase of 13.3 percent.

“SingTel’s full year revenue 16.87 billion dollars, has increased by 13 percent,” the company said in a statement.

“Fourth quarter, including a success for us, despite the global financial crisis,” said SingTel chief executive Chua Sock Koong Group.

A full year revenues in the domestic market increased by 8 percent to 6 billion dollars, the company said.

The net gain overall with SingTel Optus to the Australian branch of the financial year the growth of 16 percent to the position of 676 million Australian dollars (605 million U.S. dollars).

“Optus sends strongest free cash flow in five years, with a full year free cash flow exceeded one billion dollars in Australia,” said SingTel again.

Profit before tax for a year from SingTel’s regional companies rose 19 percent with a greater contribution from Telkomsel of Indonesia.

SingTel has grown beyond the small domestic market by having strategic stakes in mobile phone companies in Bangladesh, India, Indonesia, Pakistan, Philippines and Thailand.

The company Wednesday said its customer base throughout the region experienced an annual increase of 17 percent to 293 million until late March.

JAKARTA – PT Bakrie Sumatera Plantations Tbk (UNSP) has completed the purchase of shares of PT Agri International Resources Pte Ltd (AIRPL) from SPINNAKER Global Emerging Markets Fund Limited on 11 March.

“In the end the company has 675 shares which is 73.85 percent of the shares in AIRPL,” explained Corporate Secretary UNSP Fitri Barnas in the disclosure of information in Indonesia Stock Exchange (IDX), Jakarta, Wednesday (17/3/2010).

Previously the company had done close to the publication of first tranche transaction valued at $ 77 notes, 336 million. The company’s original plan to publish these notes can be done up to the amount of USD100 million (fixed rate equity linked notes) and which mature in 2013.

Notes have been taken by SPINNAKER Global Emerging Market Fund Limited, Lim Asia Multi Strategy Fund Inc, Highview Point Master Fund Ltd., and Millennium Global Fund Limited Hogh Yiled. Funds from issuance of notes used by the company as payment for inclusion and / or increase participation.

Increased investments in the company will be in Agri International Resources Pte Ltd, Singapore. Currently the company has about 334 shares or 36.54 percent. With the addition of inclusion, then the portion of the company in Agri International Resources will be 538 shares, or 58.86 percent.

In addition, he also will make additional investments in IndoGreen International Limited, Malaysia. The shares of stock in the IndoGreen UNSP is for 150 shares or 18.45 percent.

In connection with the issuance of notes, the company and subsidiary liability companies namely, PT Bakrie Pasaman Plantations, PT Agrowijaya, PT Agro Mitra Madani, PT Huma Indah Mekar, and PT Air Muring has signed documents related to the issuance of notes it.

These documents include Purchase Agreement, the Agency Agreement and the Trust Deed. This transaction has also obtained approval from the board of commissioners of companies, so that the transaction complies with corporate statutes. He also said that if the transaction does not include transactions affiliates and material transactions

JAKARTA – steps the Fed is to maintain interest rates remain at 0.25 percent level still seems to be going on for some time to come. Receive the effects, the rupiah as a vitamin of the difference in interest rates in the U.S. (Fed rate) at the rate in Indonesia (BI rate).

“The difference of interest rates provides a positive sentiment for the rupiah, ‘said Director of Currency Management Board, when contacted Farial Legal Anwar in Jakarta, Wednesday (17/3/2010) evening.

According to him, the rupiah would be strengthened in trading today, where the policy of the Fed keep the interest rates remain positive sentiment for the rupiah. Indonesia’s interest rate higher than the United States so that investment in Indonesia more attractive.

“Foreign investors are still going into the SBI, debentures and shares to Indonesia so that the impact on the strengthening of the rupiah,” he said.

Compounded by the rating agency S & P raises long-term debt ratings Indonesia have a positive impact for the market. As a result, continued Farial, foreign funds are still burst into Indonesia also strengthen against the rupiah. “Foreigners look easy to make money in Indonesia. Capital inflow was into Indonesia,” he added.

According to him, the rupiah would be dikisaran Rp9.140-Rp9.180 per USD on this day. Meanwhile, in trading yesterday, Wednesday (17/3/2010) based on data yahoofinance, the rupiah strengthened the position Rp9.106 per USD, with a range of trade Rp9.100-9158 per USD

JAKARTA – Composite Stock Price Index (JCI) will still be limited because the threat of action took profit (profit taking) is expected to wallop the market, although still projected to be strengthening continues.

According to Bhakti Securities head of research Edwin Sebayang, very high gain in trading yesterday, the action is very prone to take profits, especially leading stocks, which have very high valuasinya.

“But with the current positive trends, the strengthening is still possible,” he said when contacted Legal in Jakarta, Wednesday (17/3/2010) evening.

He considered the flow of foreign funds will still continue to trade today, until next April. Where this is supported by the global and regional sentiment still be driving the JCI movement. And with the Fed’s statement, which still maintain low interest rates, is expected to make a positive trend is set to continue.

Sentiment was also supported by expectations of economic growth in Indonesia this year, which will rise above expectations. Coupled with the financial statements will also be completed this week.

“The release of financial reports in this week, the sentiment is quite positive from the country,” he said.

According to him, the index will support beregeak the range dilevel Resistance 2715-2785. Recommendations were given to sell the shares of PT Tbk the International Nickel (INCO), PT Indo Tambangraya Megah Tbk (ITMG), PT Astra International Tbk (ASII), PT Tambang Coal Bukit Asam Tbk (PTBA) and PT Adaro Energy Tbk (ADRO ).

Meanwhile, analysis of Trimegah Securities said the same thing. Where he tells us if the market will do indicate where profit taking seen from the number of shares that have been in overbought position.

“If by keeping careful and wary of fast-moving oscillator which is in overbought area, as well as profit taking action indications from market participants to remember the price of some seed stock that has risen high enough, then we expect today JCI will move in 2734-2773 range, “explained the analysis.

In trading yesterday, Wednesday (17/3/2010), JCI observed darted 86.65 points, or 3.25 percent, to 2756.26. A total of 176 stocks also gained, 50 shares weakened, and 73 shares still in place aka stagnant. Transaction value was recorded at Rp5, 76 trillion, with a volume of 7.31 billion. LQ45 index was also off 19.92 points to 539.65 and the Jakarta Islamic Index (JII) rose 13.55 points to 441.2.

“In addition to sentiment the Fed to maintain interest rates, and rising world commodity prices continued to rally triggered by an increase in JCI close higher by 3.2 percent, closing at the end of trading yesterday,” said Trimegah.

As a result, stocks in various sectors such as the mining sector which sped by 63.63 points, plantation sector rose 31.36 points, the financial sector rose 15.14 points, and the infrastructure sector rose 21.55 points.

In addition, Asian markets also green. The Nikkei 225 index tracked jumped 125.27 points to 10,847, Hang Seng index also rose 43.83 points to 21,384.5 and the Nasdaq rose 15.8 points to 2378.01.

JAKARTA – Indonesia Stock Exchange (BEI) include shares of PT Abdi Bangsa Tbk (ABBA) to the unusual market activity (UMA) for an increase in prices and transaction activity shares out of the ordinary compared to the previous period.

This was revealed by the Director of BEI Uriep Budhi Prasetyo in his report on the disclosure of information BEI, in Jakarta, Wednesday (17/3/2010).

Party exchanges have also asked for confirmation to the company on January 21, 2010. On this basis, the exchange announced the confirmation by the announcement of January 26, 2010 regarding the delivery of evidence ad General Meeting of Shareholders (AGM).

In connection with this, the stock is currently looking at the current price and transaction activity shares of ABBA. Therefore, investors are expected to consider the answer to the company upon request confirmation of the stock, noting the company’s performance and openness of information.

Then review action plans for corporate liability if the plan is not approved AGM, and considering the various possibilities that can arise at a later date before making investment decisions.

Singapore’s Straits Times Index slipped 0.7% to 2726.92 at 9:47 am local time. A total of four shares for every one to weaken the strength of the index’s 30 members.

A number of stocks in the index traded at 14.6 times estimated earnings, compared with about 10 times in early 2009, said data collected by Bloomberg.

K-REIT Asia (KREIT SP) which is part owned by Keppel Land Ltd. (KPLD SP) climbed 1.9% to S $ 1.08. The company says it has agreed to buy 50% stake in an office building in Brisbane, Australia, worth S $ 208.6 million (U.S. $ 148.1 million).

Singapore Airlines Ltd (SIA SP), the second largest airline in terms of market value, stumbled 0.7% to S $ 13.72. Global airline industry will need at least 3 years to rise from the slump caused by aviation sector’s worst recession in six decades, said Giovanni Bisignani, chief executive of the International Air Transport Association.

Singapore Post Ltd (SPOST SP) climbed 1% to S $ 1.02. The company said third quarter profits rose 20.6% compared to a year earlier to S $ 44.1 million.

Singapore Technologies Engineering Ltd. (STE SP), the largest aircraft maintenance companies in Asia, rose 0.3% to S $ 3.10. The company says it has won a contract worth S $ 58.8 million for ammunition demilitarization in Africa.

The shares to be precisely characterized activator index shares the second tier. PT Indo Tambangraya Megah Tbk (ITMG), for example, which rose 0.51 percent to Rp 31,750 per share. Meanwhile, banking shares of PT Bank Negara Indonesia Tbk (BBNI) rose 0.195 percent to as low as USD 1940 per share. There is also a stake in PT Bumi Serpong Damai Tbk (BSDE) was only 0.141 percent up to Rp 850 per share.

In Asian markets, the main stock index number is also seen red as investors reacted negatively to the company’s shares an attractive automotive (recall) products, such as Honda Motor Co. Ltd. Nikkei 225 index shed 0.39 percent to 10.158.75 level. Shanghai index down 1.46 percent at the level of 2945.70 to the Hang Seng index followed a stepped down 0.85 percent to 19,950.99 level. Straits Times Index fell 0.62 percent to 2727.65 and the level Kospi index fell 0.30 percent to 1597.69 level.