Foreign funds still chock Rupiah

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 [...]

Profit Taking Hit Stock Market

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 [...]

Shares ABBA Sign UMA

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 [...]

Straits Times slips 0.7% to as low as 2726.92

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 [...]

"Recall" Automotive Press Stocks

Composite Stock Price Index (JCI) opened lower back. Monday (1/2/2010), JCI opened at 2587.75 levels weakened 0.88 percent. Attenuation supported several blue chip stocks such as PT Astra International Tbk (ASII) which fell 4.96 percent to Rp 35,000 per share. There was also the shares of PT Bank Central Asia Tbk (BBCA), which fell 2.36 [...]