Stock Market Watch for Fed Rate
Stock Report November 29th, 2009
JAKARTA – The stock market still seems to be moving toward weakening. Because market participants seem to wait for the central bank’s decision in United States interest rates (fed rate).
This is, likely to be in line with regional market movements are also waiting for the fed rate. “I think the index is still moving mixed,” said President Director Budi Bhakti Securities Legal Ruseno when contacted in Jakarta, Wednesday (17/3/2010).
Later, if the interest rate is in accordance with market expectations, the stock market will be excited. However, if the opposite happens, the market will go monotonous, and even tends to correction.
In fact, on this day selling pressure and profit taking action will not be projected at the beginning of last week. On the other hand, the sentiment of the country also was not bad, for example, Indonesia’s debt rating rise Moreover, the fundamental performance of listed companies issued jugamasih showed positive performance.
According to him, the index will move at the level of support in the range of Resistance 2640-2689. Where bluechip stocks that have been projected to weaken significantly strengthened.
Meanwhile, analysis of Trimegah Securities said if the movement in the trend is still down to give an indication of rawannya JCI selling pressure. “Trading conditions in the fast moving oscillator starts to move toward the negative trading area,” explained Trimegah.
Where some stocks are leading the resistance in the area to encourage the continued action potential profit taking. JCI estimates Trimegah this day will move flat in the range of 2653-2690.
Earlier, the stock index at the close of trading Monday, March 15 afternoon observed a thin rose 3.097 points or 0.12 percent equivalent to the level of 2669.608. Stock trading volume recorded at 6.848 billion shares worth Rp2, 973 trillion, with total transactions reached 91,916. Shares close higher 112 stocks, 83 stocks weakened, and 74 types of stocks stagnate.
Financial Sector Technology & Jack Dow Jones
Finance November 29th, 2009
NEW YORK – Investors on Wall Street stocks began to collect financial and technology sectors, after weakening earlier in the trade. Positive sentiment, with the Dow Jones index rebounds 46 points, in trading Thursday (14/5/2009).
This strengthening occurs after the previous day investors worried about the report from the U.S. Department of Commerce stating that the sales data for April retail sector, decreased 0.4 percent reach.
Seen from the technology sector stocks boosted his rebounding Wall Street, shares of Apple rose 2.9 percent. Meanwhile, shares a successful financial sector strengthening, such as JPMorgan & Chase’s shares rose 4.4 percent and shares of Bank of America (BoA) rose 2.7 percent reach.
“We see a little correction in the last few days and people may be there and add a few more corrections that would make continuous gains,” said portfolio manager Kurt Brunner Swarthmore Group, was quoted as saying by Reuters on Friday (15/5/2009).
Proved, the Dow Jones index closed down 46.43 points or rebounds rose 0.56 percent to 8331.31 level. While the index Standard & Poor’s 500 index also rose 9.15 points, or 1.04 equivalent to the level of the first 893.07 and the Nasdaq index rose 25.02 points, or 1.50 percent to 1689.21 level
China Manufacturing data chock Asian Stocks
Stock Report November 26th, 2009
HONG KONG – The movement of stock markets in Asia had strengthened, the trade earlier this week. Movement of Hong Kong index up nearly two percent, after China said the manufacturing industry continued to grow during the last month, although more slowly than some analysts’ expectations.
As quoted by the Associated Press, Monday (1/3/2010), crude oil prices also rose more than $ 80 per barrel, and the dollar strengthened against the yen and the euro.
China said the manufacturing survey showed manufacturing activity rose in February successful, but at a lower level than the previous month. Slower growth to come as the government measures to curb excess capacity and inflation in the middle of a booming economy by preventing excessive bank lending.
Seemntara that, in Japan, the average stock on the exchange’s Nikkei 225 rose 68.42 points, or 0.7 percent to the equivalent level of 10,194.20. Greater China, the movement of the Hang Seng had gained 368.26 points, or 1.8 percent, to 20,976.10 and the Shanghai market climbed 0.9 percent at 3,080.23.
On the Singapore stock exchange, the index rose 0.8 percent and Taiwan’s index rose 2.4 percent. Markets in South Korea, India and Thailand were closed. Stocks on Wall Street closed lower after data on unemployment and goods, which create fear will affect the economic recovery. Whereas before these stocks could rebound.
Stock index began trading on the situation is not too good. But the rumors of the Apple Inc. stock split planned to coincide with his rebounding stock, a little more to make the stocks on Wall Street terdongkrak. Although a spokesman said the company does not make a stock split announcement, but the Nasdaq pushed the benefits of his rebounds Apple and index ended just weakened thin.
As for the Dow Jones Industrial Average declined 53.13 points, or 0.51 percent to 10,321.03. Standard & Poor’s 500 Index fell 2.30 points, or 0.21 percent to 1,102.94. Eroded Nasdaq Composite Index 0.08 points, or 1.68 per cent and closed at 2,234.22.
Temasek Sell LAN Airlines Share
Stock Report November 23rd, 2009
SINGAPORE – Temasek Holdings spokesman announced that the company had bought a 1.18 percent stake in Chilean airline LAN Airlines.
Nevertheless, as quoted from the report alibaba.com, Friday (26/3/2010) Temasek does not provide a detailed explanation on the purchase of these shares.
President of Chile Sebastian Pinera has sold his 3.3 percent stake in LAN Airlines at auction Thursday. The agreement covers the process of divestment of a holding company owned by Pinera on LAN Airline
German Tax Officers Customer Chase Credit Suisse
Economy November 23rd, 2009
BERLIN – More than 1,000 rich Germans who had accounts in Swiss banks, Credit Suisse, was surprised to learn that they are being investigated by the tax man. They realized that being investigated by the tax man when he found their names in the CD of tax.
“Public Prosecutor investigated over 1100 customers and employees of Credit Suisse,” said Attorney General spokesman Dirk Negenborn in Duesseldorf as quoted by the AFP, Saturday (20.3.2010).
He explained that the total debt of tax is still calculated. But, according to several sources in the German IRS tax debt is estimated at 400 million euros.
The authorities in Germany sure to catch the developers of this tax in the not long. The developers of these taxes among the wealthy German who ebrada in several states, including Bavaria and Baden-Wuerttemberg in the south of Germany.
“Credit Suisse will not confirm or comment on such information does not have any official contact with German authorities,” said Marc Dosch, Spokesperson for the General Prosecutor others.
The newspaper Frankfurter Rundschau reported that CDs containing confidential data was sold to the banking of North Rhine-Westphalia. February, the German government bought secret information 1500 which includes allegations of tax violations Swiss bank customers. From the CD German government managed to secure 2.5 billion euros of tax money.
Federal Government leadership of Chancellor Angela Merkel has given approval for the North Rhine-Westphalia, Germany historic industrial centers, to buy CDs that contain confidential information Swiss banks. Approval has been issued in February. The newspaper Sueddeutsche Zeitung reported about 10,000 taxpayers had admitted their violations to the tax office.
However, this purchasing policy triggers debate in Germany. Some say the German government should not have to buy data about people’s account at the bank Panzer Affairs Switzerland. This data should be reported voluntarily by banks that serve the citizens of Germany.
Besides Germany, the United States (U.S.) also do something similar. UBS, which is a Swiss bank, was in the hot seat after being accused of helping the U.S. IRS Uncle Sam rich people hide the tax. UBS finally agreed to open the 4450 data
