Many Profit Taking, CSPI trimmed 11 points

Jakarta, Indonesia - Composite Stock Price Index (CSPI) trimmed 11 points due to the amount of profit taking. Seed stocks are already riding high from the selling pressure hit.

While the rupiah against the U.S. dollar (U.S.) closed higher on the position of Rp 9460 per U.S. dollar compared to the close of trading yesterday in the position of Rp 9470 per U.S. dollar.

Began trading this morning, stock index opened reduced 8.637 points (0.21%) to a level due to profit taking 4133.700. Investors use the index position is already riding high in the last six trading.

Direct market participants took profits, the article index was higher in 6 days in a row. Investors also still see what policy will be taken of the Fed and the ECB this week to encourage economic growth.

Index fell to its lowest position today in 4103.462 due to the rampant selling. Index did not drop into the green zone until this afternoon.

At the closing session of the trading, stock index fell 27.432 points (0.67%) 4114.905 following the rise to the level of profit taking. Consumer stocks most subject to selling pressure.

Central Bureau of Statistics (BPS) reported inflation rate reached 0.7% in July 2012, this figure is higher than the inflation rate of 0.62% in June. On an annual basis alias in July year on year inflation reached 4.56%, while inflation is running alias year to date (January-July 2012) reached 2.5%.

Although inflation is rising, but still below the market forecast of 0.8% so the effect is less pronounced in the capital market. Local investors are still keen to take stock.

End the trade on Wednesday (01.08.2012), stock index closed down 11.872 points, trimmed (0.29%) to the level of 4130.465. While the LQ45 index declined 2.276 points (0.32%) to a level of 710.494.

The frequency of transactions by foreign investors these days are pretty high. Unfortunately, until this afternoon to foreign transactions recorded net purchases only (foreign net buy) thin Rp 141.057 billion in the entire market.

Day trading is going pretty crowded with a frequency of 160 246 times on transaction volume reached 8.499 million lots valued at Rp 4.908 trillion shares. A total of 116 stocks rose, remaining 148 shares fell, and 107 shares stagnant.

The average stock in the region managed to end the trading day in the red zone. Only the Japanese stock market and Indonesia is still stuck in negative territory.

The following circumstances bourses in Asia until this afternoon:


    1. Shanghai Composite Index rose 19.73 points (0.94%) to a level of 2123.36.
    2. Hang Seng Index rose 23.57 points (0.12%) to the level of 19820.38.
    3. The Nikkei 225 fell 53.21 points (0.61%) to a level of 8641.85.
    4. Straits Times Index added 9.11 points (0.30%) to a level of 3045.51.

The shares are up significantly and entered the ranks of top gainers include Merck (brand names) up to Rp 1750 to Rp 146 750, Multi Bintang (MLBI) up to Rp 1,500 to Rp 706 500, Indo Tambangraya (ITMG) up to Rp 1150 to Rp 36 700, and Multi Prima (LPIN) up to Rp 425 to Rp 3450.

While the stocks that go down deep enough and in the category of top losers include Gudang Garam (GGRM) fell to Rp 4150 to Rp 52 200, Mayora (MYOR) fell Rp 750 to Rp 21 650, Indocement (INTP) fell Rp 700 to Rp 20 800, and HM Sampoerna (HMSP) fell Rp 500 to Rp 51 500.

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