This week, a natural correction of the JCI 1.07%

Dana Aditiasari

Sindonews.com -the combined share price Index (IHSG) throughout this week experiencing a correction of 53,03 points or 1.07 percent after a successful menemus the highest level.

"During the week-long JCI has decreased 53,03 points or 1.07 percent, continuing a decline more deeply than ever 19.95 points, or 0.40 percent," said the head of the Trust Securities Research, Reza Priyambada Sunday (5/5/2013).

The weakening of the Decree followed terkoreksinya other major indexes, where index decrease with down lead MBX 1.08 percent, followed by the index of LQ45 and DBX respectively weakened 0.99 percent and 0.90 percent. While positive only Index JII, which went up by 0.12 percent.

On the other hand, sectoral index move weakened. Only three sectors is strengthened, namely consumer up 4.80 percent, 1.04 percent and increasing manufacturing industrial base increased by 0.40 percent.

Reza describes JCI at this week's sharp decline after the break new record on May 1, 2013 at level 5.060 .92. However, the positive sentiment that drove the JCI is in the green zone, the release of the deflation of 0.1 percent and labor, so the demo Martinet provides a sense of comfort for market participants to keep the transaction even though the magnitude of the price increase of fuel oil (FUEL) is not so clear.

On the other hand, is still on the plus though some Asian stock exchange its stock exchange holiday commemorating labour day and the increase of global stock exchanges to make steady the JCI is in the green zone to the end of the session. However, the position of the JCI in the green zone was stung down the prospect of Indonesia's debt rating by S&P from positive to stable because galaunya Government policies related to FUEL.

"Government policy is increasingly made the Galaunya condition of the JCI the dismal. But this time, the U.S. stock exchange (United States) and Europe and even Asia is hijau-hijaunya, "he said.

As a result, foreign investors started to sell its shares. However, it still recorded a net purchase action (nett buy) with the crossing shares worth Rp7,87 trillion IMAS at an average price of Rp 5.312. While foreign net selling records (nett sell) amounted to Rp398,26 billion or lower from the previous week, amounting to Rp475,97 billion.

(rna)

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics

Cyprus sentiment again for Wall Street experienced a correction

J Erna

Sindonews.com -stocks on the Wall Street stock exchange on Thursday local time trading ended following the Oracle Corp. earnings rectified that far from expectations. In addition, sentiment about the issue concerns Cyprus in European zone also became the trigger.

shares of Oracle Corp. (ORCL.O) slumped 9.7 percent to USD32,30, and became the biggest correction in the Nasdaq, a day after a disappointing revenue doubled due to sales under the target.
It was the biggest decline since December 2008.

The greater the stock correction at the end of the session following concerns over the financial condition in Cyprus are increasing. This happened right before the credit rating becomes junk level trimmed Cyprus.

The European Union gives the limit for Cyprus until Monday next week to get a Fund of funds untukmenyiapkan bailout of 10 billion euros or face a collapse of the financial system and possibly out of European contention.

"I think the way is not going to be a quick solution to cope with the situation and it is not easy to predict what will happen. The uncertainty will make investors sell stocks, especially in a market that has experienced a rise in two weeks, "said Wedbush Securities Equity Trading Director, Michael James, as reported by the Reuters, Friday (22/3/2013).

Investors fear a collapse of the banking system in Cyprus will tighten credit in the European zone and into other hambata to get out of the economic crisis. This adds to the concern, the u.s. economy data also cannot reach the target expected.

While The Dow Jones industrial average (DJI) was down 90,24 points or 0,62 percent to,49, The Index 14.421 Standard & Poor 500 (SPX) dropped 12,91 points or 0,83 percent to 1.545,80, and Nasdaq Composite Index (IXIC) lost 31,59 points or 0,97 percent to 3.222 .60.

(rna)

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics