June 13th, 2010

Amount expected to be stronger in today’s trading. This is due to positive investor sentiment positive towards the regional market investors, which last night dow jones share price rose 200 points recorded.
“Plus the euro is starting to strengthen against the US $ from 1.9 to 1.21 to make the position fueled rupiah would come up,” says Head of Research and Futures analyst PT Monex Investindo to okezone Johannes Ginting, Friday (06/11/2010).
According to him, strengthening the rupiah is still very dependent on the latest situation in the European crisis and if you see two days before a positive increase on the opening day of this amount tends to a positive direction.
“Rupiah is expected to strengthen to a level between Rp9.150-9180 per US $,” he explained
But it was likely to weaken rupiah will return to the level of Rp9.300 per US $. This is due to negative sentiments from the European crisis.
In trading yesterday, the rupiah closed victorious and not affected by the weakening of the Composite Stock Price Index (CSPI).
Based on data from yahoo finance, the rupiah was trading on Thursday (10/6/2010) closed at Rp9.232 level, five after previous open Rp9.252 level, 5 per US $.
Meanwhile, according to data rates when the central Bank Indonesia (BI) rupiah closed at the level Rp9.250 per US $. The strengthening of world oil prices at USD74 per barrel level to be one trigger of the strengthening rupiah.
Tags: currency, money, trading
Posted in Money | 6 Comments »
June 12th, 2010

Stocks on Wall Street reversed course as well as its best record in the last nine days. Ease European concerns over the crisis and improving energy stocks make stock index rebounds sharply on Wall Street.
In trading Thursday (10/06/2010), the Dow Jones index closed sharply higher to 273.28 points (2.76%) to the level of 10172.53. Index Standard & Poor’s 500 climbed 31.15 points (2.95%) to a level of 1086.84 and the Nasdaq gained 59.86 points (2.77%) to a level of 2218.71.
Energy sector shares led the strengthening of the S & P energy index rose 4.9% was recorded. Shares of British oil company, BP Plc, which had slumped sharply finally rebounded 12.3%, Exxon Mobil rose 3.10%.
Energy stocks are also driven by rising crude oil prices to above U.S. $ 75 per barrel. Light, sweet crude oil contract rose 1.5% to a record level of U.S. $ 75.48 per barrel.
The positive sentiment came from Europe namely after Spain was able to sell bonds worth U.S. $ 3.9 billion euro, with investor interest that looks large enough to be a positive sign. This makes the euro’s position improved to 1.2% and traded above 1.21 dollars.
Good news also came from China which recorded an increase in exports up 50% during May compared to last year. It assuage investor fears the crisis will impact Europe to the global growth.
“Bid bond running good and strong Spanish China exports very profitable. You get some good news for some big stocks driving the market,” said Brian Lazorishak, Chase Investment Counsel’s portfolio manager, as quoted from Reuters, Friday (11/06/2010).
But trade is not running too busy with transactions in the New York Stock Exchange reached 9.16 billion shares, below average last year reached 9.65 billion.
Tags: stocks
Posted in Economy, Stock Exchange | 3 Comments »
June 10th, 2010

Composite Stock Price Index on the trade today (10/06/2010) will still take place fluctuate.
Composite Index yesterday closed only slightly higher at 0.21 percent at 2785.79, amid rebound regional exchanges. Panin Securities research analyst Purwoko Sartono see the index still not able to get out of the pattern of consolidation in the short term.
“Today we estimate will still be moving JCI fluctuate with the range of 2775-2804 support-resistance,” he said.
He recommended the stocks of consumer goods and the mining sector can be an option for short-term trading.
Tags: investment, stock exchange
Posted in Investments | 8 Comments »
May 14th, 2010

World Bank says developing countries are now leading the world economy post-crisis recovery process in America and Europe amid the collapsed economy. This was conveyed by Senior Economist Justin Yifu Lin of the World Bank World Bank in a teleconference on Thursday (10/06/2010).
“The performance of developing countries improved in the era of multi-polar growth is very encouraging,” he said.
World Bank predicts world GDP will rise by between 3.1 to 3.3 percent in 2010 and 2011, then rose to the range of 3.2 to 3.6 percent in 2012. Economies of developing countries is estimated to grow between 5 to 6.1 per cent per annum in 2010-2012, while developed countries only around 2 to 2.3 percent in 2010.
Justin emphasized, so that recovery can continue to run, developed countries must be able to take the opportunities offered by growth in developing countries.
Meanwhile, the World Bank’s Global Macroeconomic Manager Andrew Burns said developing countries are not immune to the impact of the crisis. Yet for the world economy continues to go well, developing countries are expected to continue to focus on growth strategies, simplify the way businesses and strategies for more efficient spending.
“Their purpose is to ensure that the investors can distinguish between them with a risk of risks in developed countries,” he added.
Tags: currency, economy
Posted in Economy | No Comments »
April 29th, 2010
Ban on cigarette ads that surfaced in recent time was apparently not discourage cigarette manufacturers to restrict the portion of its ad spending in the media.
In the first quarter during the period January to March this year, took out a cigarette category amounted to Rp 377 billion for advertising spending or increased 8 percent compared with same period last year.
This was revealed in the data Nielsen Advertising Services that perform monitoring of 103 newspaper ads, 165 magazine and tabloid, as well as 24 television stations.
“Although a lot of rules and restrictions, cigarette advertising has increased significantly in the first quarter of this year,” Ika said Jatmikasari, Associate Director, Nielsen Media Indonesia, on the sidelines of a press conference at his office, Mayapada Tower, Jakarta, Tuesday (20 / 4 / 2010). This ad spending data without calculating discounts, promotions, or discounts given by media to advertisers.
Ika explained, the category of cigarette advertising spending amounted to Rp 351 billion, up 12 percent compared with same period last year just Rp 313 billion.
Tobacco products the most widely advertise at the beginning of this year is the International Gudang Garam with advertising expenditure amounted to USD 75 billion or increased by 1775 per cent compared with last year in the same period is only USD 4 billion. On television, these products spend USD 73 billion for advertising expenditure and beat Clear Anti-Dandruff products which last year numbered advertise aggressively.
“This creativity Gudang Garam International for presenting advertisements on television without violating the rules made KPI (Indonesian Broadcasting Commission),” said Ika.
Tags: business, strategy
Posted in Business | No Comments »