Obama Won, Indonesian Capital Market Riang

Barack Obama wins re-election of President of the United States for the second time. The victory was also significant for the Indonesian capital market.

Director of Indonesia Stock Exchange (IDX) Ito Warsito welcomed the victory of Barack Obama. It is considered to provide good luck for Indonesia.

"That's good news for Indonesia," Ito said when met at the office of BEI Jakarta, Wednesday (11/07/2012).

According to Ito, for Obama to be President of the United States, the flow of foreign capital in particular from the United States continue to come to Indonesia. As a result, the condition of the stock price index (CSPI) also fueled up.

On the other hand, Obama's victory for the second time also benefit exporters in the country. Therefore, the United States, as one of the three largest export destination countries of Indonesia, will have a positive impact, both for Indonesia and the United States itself. That is, Obama's victory will not lead to export-import policy change.

JCI trading day closed with a rise 36.16 points (0.84 percent) to 4350.43. Meanwhile, the rupiah closed up 3 points from Rp 9633 to Rp 9630 per U.S. dollar.

Look forward to the new U.S. President, Crude Oil Jumps

Crude oil in the global market rose close to 3 percent in trading Tuesday (11/06/2012) as strengthening Wall Street as investors awaited the results of the U.S. presidential election.

U.S. indices rose as some investors bet by predicting Obama's Republican challenger, Mitt Romney will win the election. This encourages the energy sector strengthened.

But the market does not care analysts assert presidential winner. But it is clear the results will end the uncertainty the next U.S. leader.

U.S. crude rose U.S. $ 3.06 to U.S. $ 88.71 per barrel for December delivery. Meanwhile, Brent crude rose U.S. $ 3.3 to U.S. $ 111.07 per barrel in London.

U.S. stocks closed higher on Wednesday (07/11/2012) before the election results pushed investors looked forward to a resolution to the White House. Dow Jones up 1.02% to as low as 13245.52. The S & P rose 11.09 points, or 0.79%, at 1428.35. The Nasdaq Composite Index was up 12.27 points, or 0.41%, at 3011.93.

Capital Market Greek Deal Determining Voting

Greece was heading for a decisive vote on austerity measures needed to keep the bailout program is on track.

It happened as the commencement of the joint strike and European officials who have not reached an agreement over time for rescue disburse funds.

EU Commissioner Olli Rehn speaks at a meeting of G-20 in Mexico City, local time yesterday, said the deal should be made at a meeting of EU finance ministers in Brussels 12 November 2012.

A European official who asked remain anonymous, was quoted as saying Investindo Futures Monex research team, said he doubted the prospects of the deadline. Officials also are not expected to result in an agreement.

Greece is under pressure to make more efforts to control budget deficits and economic deregulation. "We need to think together about how to reduce the debt burden on November 12," said Rehn.

"I am confident that we are able to reach a mutual agreement," he continued.

Investors Looking Statements Stock Issuer

Composite Stock Price Index This (JCI) will be re-tested strength, Tuesday (30/10/2012), having dropped the previous trade. Investors and market participants still waiting for the report of the issuer's financial performance in the domestic market.

JCI beginning the week with a thin closed lower, with the negative sentiment of regional markets following the financial statements in the United States under estimation.

The U.S. economy in the third quarter of this year grew two percent, higher than the estimate of 1.8 percent. The U.S. economy is driven by consumer spending, defense, and housing construction.

In addition there are fears of debt problems in Europe. It came after German Finance Minister said doubts Greece can meet the requirements to receive subsequent grants. Problem resolution of the debt crisis, continue to hamper the pace of the global capital markets.

Panin Securities Research estimates, JCI today will still move with the trend of moderate weakening of the regional markets weakened tail. The market is still waiting for the announcement of the release of the performance of the issuer, for the third quarter of this year. Range of support-resistance index in the range of 4310-4348.

Quarterly Data Failed Topang U.S. stocks

U.S. stocks closed lower on Wednesday (10/24/2012) early this morning. The weakening of weak results driven DuPont and United Technologies shares that show slowing profit growth.

Dow Jones industrial average fell 243.36 points, or 1.82%, at 13102.53. The S & P 500 fell 20.71 points, or 1.44%, at 1413.11. The Nasdaq composite index fell 26.49 points, or 0.88%, at 2990.46.Performance reporting season so far assessed resulted in a series of disappointments Wall Street expectations. With results from 29% in the company in the S & P 500, about 37% have exceeded earnings estimates far from an average of 62% and only 57.2% profit that beat estimates. The percentage was the worst since the fourth quarter of 2011.

"We get a series of missed estimates and revenue topped DuPont pretty bleak. Expectations are low and the results have come in generally lower, and that's why we see weakness here," said Bruce Zaro, Chief Technical Strategist Delta Global Asset Management, was quoted as saying of yahoofinance.com.DuPont shares lost 9.1% to U.S. $ 45.25 after the chemical company reported lower-than-expected performance in quarterly profit. The Company also announced layoffs. Stock index S & P materials sector fell 3% driven weakening DuPont shares.

DuPont, United Technologies and 3M Co. has cut the estimate of their performance today. In addition, Apple shares fell 3.3% to U.S. $ 613.36. Apple Chief Executive Tim Cook announced that the company will launch a tablet cheaper and smaller.

United Technologies shares fell 1% to U.S. $ 77.07. 3M shares fell 4.1% to U.S. $ 88.73. Meanwhile, after the bell Facebook shares rose 8.6% to U.S. $ 21.18 after the company recorded a 32% increase in revenues in the third quarter of 2012.

Netflix shares fell 16.5% to U.S. $ 57 after reporting the addition of subscribers at the lower end of the estimates for the U.S. TV and movie streaming business. Netflix to end regular trading up 0.5% to U.S. $ 68.22.

Shares of United Parcel Services rose 3% to U.S. $ 73.73. The Dow Jones rose 0.9% Avarage transportation. While foreign sentiment that Moody's downgrades five Spanish regions. That's because of limited cash reserves and payment bonds will come. Downgrade pushed back investor concerns over Europe.

Stock trading volume of 6.6 billion shares on the New York Stock Exchange, Nasdaq, and NYSE volume MKT than the average daily closing approximately 6.52 billion shares. [Hid]

European and Euro Weakens Demand Creating Importers

The exchange rate of the rupiah against the U.S. dollar continued pressure, including estimated to occur at the beginning of the week, Monday (22/10/2012). European conditions of uncertainty and importers demand on the U.S. dollar made ​​the rupiah continued to decline.

In late trading on Friday (10/19/2012), the rupiah was at Rp 9592 per U.S. dollar, down from the moment it opened at Rp 9579 per U.S. dollar. Dollar moves in the range of 9579-9595.

Closing of the stock exchange composite index in the red zone helped escalate the U.S. dollar against the rupiah last weekend. Bank Indonesia still looks active intervention to reduce the pressure the U.S. dollar against the rupiah.

At the beginning of this week, according to research BNI Treasury, potentially moving rupiah weakened consolidation trend. In the non-deliverable forward 1 month in offshore markets this morning, opened up the rupiah at Rp 9660-9675 per U.S. dollar, and is expected to sustain the exchange rate today.

However, the EU leaders meeting in Brussels on Friday, who has not managed to convince investors of the uncertainties particularly Spain and Greece received bailouts-are expected to escalate the movement of the U.S. dollar as a safe-heaven currency today.

Demand for foreign exchange by importers is also projected to increase by the end of the month. Preparedness Bank Indonesia is expected to hold further weakening rupiah.

U.S. stocks Potentially Higher

New York - U.S. stocks potentially higher in trading Tuesday (16/10/2012). Market sentiment is quite positive with the performance after Citigroup reported a profit.

Attention focused investor Goldman Sachs financial alaporan pad. Analysts expect earnings per share in the third quarter reached U.S. $ 2.12 with revenue reaching U.S. $ 7.3 billion from $ 3.6 billion in the same period last year.

Some of the data in the third quarter that exceeded estimates as UnitedHealth and Mattel. Other companies that report their performance today is Coca-Cola, Johnson & Johnson, State Street.

European stocks rose after data estimates investor sentiment in Germany. In addition, Spain reportedly ready to propose bailout. Spain index, IBEX up 1.3 percent. It also pushed the euro rose against the dollar and other currencies. Exchange rate EUR / USD rose 0.7% to U.S. $ 1.3014

U.S. stocks Negative Depressed Quarterly Performance

New York - U.S. stocks fell on Thursday (11/10/2012) early this morning as fears of earnings and the prospect of a sluggish global economy.

The Dow trimmed up 0.9 percent to 13,344.97 led by shares of Chevron and Alcoa shares. The S & P fell 0.6 percent to 1432.56 and the Nasdaq composite index lower by 0.4 percent to 3051.78. The S & P and Nasdaq have weakened in the last four days.

Its Beige Book, the Federal Reserve's latest record there have been improvements in the housing sector since August. This can help increase economic activity. For volatile manufacturing sector tended to improve from the previous period.

European stocks weakened by fears the euro zone debt crisis. Investors have increased concerns over the economic outlook for the region. FTSE index fell 0.6 percent, the DAX lower 0.4 percent and the CAC fell 0.5 percent.

Even the IMF is also assessing banks in the EU will have to sell U.S. $ 2.8 trillion in assets in the next two years to reduce their risk exposure. This is to avoid capital flight, concerns splits the EU and the economic recession.

Chevron shares fell after the oil giant after it reported third-quarter earnings lower than the previous period. The same is true for stock competitors, Valero stock and shares of ExxonMobil.

The increase experienced by Yum Brands shares were also led the gains in the S & P. Induks efforts of Pizza Hut and KFC's raised its earnings growth. Shares Rival McDonald also increased.

Raise IFC stake in Hana Bank

International Finance Corporation (IFC), a member of the World Bank Group has increased its stake in Bank Hana Indonesia worth U.S. $ 12.5 million.

"Additional investment in Hana Bank aims to develop banking products and services for small and medium business growth," said IFC Country Manager for Indonesia, Sarvesh Suri in Jakarta, Tuesday (10/09/2012).

In addition, IFC has also converted an investment fund worth U.S. $ 15 million to a 3% stake in BTPN. "This is a form of support IFC to develop SME business in Indonesia," said Sarvesh.

In addition to the bank, IFC also has some other excellent projects by placing its investment in PT Medco Power Indonesia, independent energy generation company premises, at 11%. "The project is to provide environmentally friendly electricity obtained from hydropower and natural gas to more than 2 million families in Indonesia," he said.

IFC also invested U.S. $ 25 million for a private equity fund focusing on Indonesia projects managed by Falcon House Capital Management Ltd.

Recently, IFC also provided loans worth U.S. $ 55 million to Wintermar to support the company's growth strategy to increase its market share in serving the oil and gas industry in the region's growing offshore eastern Indonesia. [hid]

Banking Services Potential "Mobile Banking" in Asia Discussed

The potential of the mobile channel or canal engaged in financial services in the developing countries of Asia, is quite large. This potential will be discussed in the meeting "mobile banking and payments for emerging Asia" in Tanjung Benoa, Nusa Dua, Bali.

The meeting, which lasted two days, 8-9 October, attended a number of professionals in financial services (mobile banking).

The press release mentions Clariden as the organizer of the event, attendees include representing Bank Indonesia, the Asian Development Bank, Indosat, Bank Muamalat Indonesia, Commonwealth Bank Indonesia, Arthajasa, and Visa Inc.

Rhys Bollen, a senior fellow of the Faculty of Law at Monash University in his keynote address said that mobile banking and payment service is the latest development of banking services.

"This service provides a huge impact in the world of banking. Example, lower costs, and inclusion for unbanked banking services," said Bollen, Monday (8/10).

JCI Area Harmonic Resistance 4300-4316 Square off to Profit Taking

In two days, JCI predicted to move in the range of harmonic price resistance area of ​​4300-4316 before forming a significant bottom. Prepare profit taking!

In trading on Friday (10/05/2012) Composite Stock Price Index (CSPI) rose 39.85 points (0.93%) to the highest closing level in history at 4311.314. Intraday highest and lowest achieving 4283.845 4320.591. Likewise with the LQ45 index of leading shares rose 8.47 points (1.15%) to the position of 744.835.President and founder of the International PT Gema Goeyardi Astronacci believe the weekend has become a term that brings positive winds for a quiet day to enjoy your time with family. "Market participants can watch together that JCI re-establish the all-time-high at 4.320," he told INILAH.COM, in Jakarta, Sunday (10/07/2012).

The figure, he added, just as expected Astronacci that JCI would soon touch the area of ​​his harmonic resistance resistance zone specified time sebelunya. "Therefore, we have to look forward to now is the turning point in the formation of the formation of peak prices will bring the price to enter a correction phase in two to three days, as of Monday (8/10/2012)," he explained.

From the daily strategy, it has entered IHSGsaat price ranges are quite vulnerable in the formation of reversal of the price. "For that reason, we would be prepared to issue our current position formed a swing high at JCI and wait for the formation of a significant bottom area next," he said.

Then, price analysismenunjukkan, JCI will still move in the price range of harmonic resistance 4300-4316 at least two days before entering the phase of correction. "Pattern Formationmemperlihatkan JCI is still in a phase of strengthening after completing a bullish flag pattern formation rates," said he.From the momentum signal, stochastic indicators have shown the potential for the creation of a bearish divergence formation awaiting the formation of swing high on price. This suggests that the high prices have the opportunity to enter a phase of correction in the near future.

Then, the direction that the current weekly signalmemberikan inipasar are entering the last week of the rally phase that has been projected to the JCI. "Therefore, we would be prepared to anticipate the movement of the JCI will enter the phase correction," he said.

Meanwhile, time forecastyang entered the zone, shows that the market is waiting for the formation of swing high at JCI, at least in the next two trading days. "That was before the JCI can provide confirmation of the end phase of this rally," he said.

Although advised to square off on profit-taking, for pendekGema recommend some stock trading. Among other, PT Bumi Resources (EARTH) on buying at Rp690-710dan stop loss of 5% of the purchase with a target price level of Rp850-900.

Then PT Nirvana Development (NIRO). Recommended buy at Rp275-280dan stop loss of 5% with a target price of Rp320. Recommendations to buy also to PT United Tractors (UNTR) Rp20.500dan stoploss at 4% with a target price of Rp22.000dan PT Charoen Pokphand Indonesia (CPIN) to recommend a buy in the Rp3.025-Rp3.300 3.050dan target price.

European Central Bank Interest Rate Return Focus

For the first time in months, the European Central Bank to refocus on interest rates. Being discussed, whether to cut interest rates to support the European economy on the brink of recession.

A month after launching the bond-purchase program that may not be limited, according to research Investindo Futures Monex, in Jakarta, Wednesday (03/10/2012), not much else to do the ECB about the euro zone debt crisis. One of the things to do is wait for Spain to ask for help in reducing the high yield bond.

ECB officials have indicated concerns about the euro zone inflation, which is still above the target or slightly below 2 percent. This is to convince financial markets that they would refrain from cutting interest rates already at a record low 0.75 percent. But after a number of European bloc countries fall into recession this year, the opportunity is expected to remain substantial additional stimulus. Economists began debating whether the ECB to change interest rates become negative as in Switzerland and Japan.

Spain fears subsided, Asian stocks firmer

Sydney - Asian stocks opened higher on Wednesday (03/10/2012) after investor concerns about the situation in Spain eased. So the issuer sustains the retail and consumption in Asia.
The Hang Seng index in Hong Kong was opened after a four-day holiday, with the increase of 0.7%. Japan's Nikkei index opened with a marginal gain. While Australia rose 0.2% to a level last reached in August 2011.
China's Shanghai Stock Exchange and the Kospi in South Korea (ROK) was closed for a holiday. The strengthening of the Asian stocks came after shares of the United States (U.S.) ditutupmixed, with the Dow Jones decline due to uncertainty in Spain.
"The market is waiting for news regarding requests for assistance from Spain, triggering bond purchases from the European Central Bank (ECB). Patience is wearing thin, "said Mitul Kotecha at Credit Agricole.
Kotecha predicts, day trading is going to run a tight as investors anticipated U.S. jobs data this weekend. In addition to China's stock market was closed for a week and wait laporannon-farm payrollAS to September.
Oversee market sectors that are sensitive to consumer spending, today. However, Hong Kong airline Cathay Pacific Airways Ltd.. and retailer Esprit Holdings Ltd.. each rose 3%, and footwear company Belle International Holdings Ltd.. 1.9%.
Chinese banks rose in Hong Kong market. Bank of China Ltd.. rose 1.4% and China Construction Bank Corp. 1.3%. Japanese automotive companies are also positive, sustained increase in sales. Toyota Motor Corp. rose 1.5% and Honda Motor Co. 0.8%.
Toyota reported a rise in monthly sales in the U.S. rose 42% and Honda's 31%. Last year, both decreased production due to the earthquake in March 2011. Nissan Motor Co. unaffected earthquake, instead slumped 1.1%.
Fast Retailing Co. jumped 3.5% setelahNikkeimelaporkan this company will be the first clothing retailer in Japan to achieve annual sales of one trillion yen or U.S. $ 12.8 billion.
Japanese drug company, Daiichi Sankyo Co.. fell 4.9% after the company and its American partner, ArQule Inc. agreed to stop the final phase of the study drug to treat lung cancer.
The increase in Australia continues after yesterday, the Reserve Bank of Australia cut its official interest rate by 25 basis points to 3.25%. Optimism improved confidence and consumer spending led to the strengthening of the retail and property sectors.
Operatordepartment storeDavid Jones Ltd.. rose 1.8%. Furniture and electronics retailer Harvey Norman products Holdings Ltd.. rose 2.1%. Property group Stockland Australia also rose 2.6% recorded

Crisis Spain Tap Oil prices

New York - Crude oil fell on Thursday (09/27/2012) early this morning with the growing concerns over the European debt crisis.

Political tensions between the U.S. and its allies with Iran on its nuclear program development greatly influence the price of oil. Because it would suppress Crude supplies from the Middle East and Africa.

Markets were also influenced by Europe's debt problems especially the Spanish economy continued to slow. Currently, widespread anti-austerity in Madrid. Exchange rate of the euro continues to weaken against the U.S. dollar. It is depressing the price of dollar-denominated commodities such as oil and copper.

U.S. crude fell U.S. $ 1.3 to U.S.% 89.98 per barrel for November delivery. This level is below the average of 100 trading days in the U.S.% 90.2 per barrel.

For Brent trimmed 41 cents to U.S.% 110.04 per barrel in London. In the third quarter, Brent has risen 12 percent. While U.S. oil has gained 6 percent recorded in the third quarter.

Support Resistance Index Saham to Level 4150-4225

The lack of positive sentiment making movement limited Composite Stock Price Index, on Tuesday (09/25/2012). The index was expected to back down.

In yesterday's trading, stock index opened lower following the selling pressure from Asian regional markets following the European debt crisis resolution scheme is not clear. In addition it is also influenced by market selling pressure on stocks Bakrie Group.

Recorded 78 stocks advanced, 160 stocks fell, 86 stocks were unchanged and 137 shares not traded at all.

Stocks that occupy the top gainers among others TBIG, BMRI, INVS, EMTK, and SMMA. Meanwhile, stocks that occupy the top losers yakkni UNVR, UNTR, EARTH, TLKM, and ADRO.

Today is projected by research Panin Securities, the index will still move down following a lack of positive sentiment. JCI is expected to move in the range of support-resistance level in the range of 4150-4225.

U.S. Industrial Sector Still Weakens

In the state manufacturing index released by the Philadelphia Fed Phildelphia, USA, was recorded at minus 1.9 attenuation. Despite better than expected and the index minus 7.1 in August, this weakening occurs in five consecutive months.

According to economist Samuel Securities Indonesia, Lana Soelistianingsih, this index also confirmed the general economic index released by the New York Fed who recorded the lowest decline in September from minus 10.41 minus 5.85.

"But for the index of the next 6 months, businesses have optimistic expectations rose to 41.2, still below the 50 level as the lower level but is more optimistic," said Lana, in Jakarta, Friday (21/09/2012) .
Philadelphia Index, general economic index (Empire State index), and the ISM Manufacturing Index is an indicator of manufacturing sector in the U.S.. These indices seen traders and global investors.

Sluggish Global Market Index, stocks in Asia Participate Weakens

 Nikkei index opened down 0.2 percent to 9138.23.

Benchmarks in some key Asian markets slumped in early trading Tuesday, September 18, 2012. The decreasing trend occurred after the exchanges in the United States and Europe again corrected due to geopolitical concerns and a decline in world oil prices.

The FTSE CNBC Asia 100, which is a measure for markets across Asia, as quoted from the pages of CNBC, opened down 0.3 percent.

Japanese stocks also slipped in early trade today, triggered tensions between China and Japan over a territorial dispute. The Nikkei fell 0.2 percent to 9138.23.

While the Nikkei index of China 50, which consists of the stocks of Japanese companies with significant exports to China is down 0.6 percent. Companies affected by the tensions that include Panasonic, Honda Motor, Mazda Motor, Canon, Nissan Motor, and Fast Retailing.

Meanwhile, the Topix index slipped 0.1 percent to 756.47.

Stock Seoul, South Korea also moved lower in early trading today as investors were looking at and preparing for the second session later step, after moving rally last weekend's decision triggered the U.S. Federal Reserve stimulus.

Korea Composite Stock Price Index (KOSPI) opened down 0.2 percent recorded at the level of 1998.42.

Australia's stock index had opened slightly lower than the previous trade, as weakness on Wall Street and the decline in commodity prices hit a copper mining company.

The benchmark S & P / ASX 200 weakened 0.2 percent to 4395.1, after rising 0.3 percent in the previous session.

Exchange benchmark New Zealand's NZX 50 index also fell 0.1 percent to 3810.3 in early trading today. (ren)

JCI Up 26.56 Points

In the first trading session on Wednesday (19/09/2012) Composite Stock Price Index (CSPI) rose 26.56 points, or 0.62 percent, to 4,250.45.

And drives the stock market until this afternoon include Telecommunications Indonesia (TLKM), Sarana Menara (TOWR), Astra International (ASII) and United Tractors (UNTR).

Foreign investors recorded net purchases of Rp 20.49 billion.

Meanwhile, in the main stock index rose. Japan's Nikkei 225 index rose 1.58 percent to 9268.16, Hong Kong Hang Seng Index rose 1.05 percent to 20,818.76, the S & P / ASX 200 Australia rose 0.45 percent to 4,414.30, the Shanghai 0.17 percent to 2,063,07, and the Korean Kospi rose 0.13 percent to 2,007.49.

Major cities in Southeast Asia took shelter Worth

Major cities in Southeast Asia is extremely urgent to create a livable place for its residents. The number of people moving to urban areas in Southeast Asia is increasing.
"It is positive provide livable and sustainable," says Mann Young, Head of Sustainability, Lend Lease Asia, in a press conference in Jakarta.
According to Young, Singapore has been actively supporting green building through the design of buildings and infrastructure. In the last five years, a small island about Singapore property development concept more and more green, from commercial buildings such as the Marina Bay Financial Centre and Hyflux Innovation Center to residential and recreational parks such as The Seafront on Meyer, Sky Habitat and Singapore Sports Hub.
Last year, Singapore is one of six cities that received an award from the World Green Building Council (WorldGBC) in addition to San Francisco, Mexico City, Birmingham, New York City and Tokyo. Young, who also serves as the Asia Pacific Regional Network Manager WorldGBC, said the issue of sustainability and resource conservation is fast becoming an important priority of the government and businesses around the world.
"So the demand for green buildings in the region continues to increase, collaboration is very important to support green building efforts," said one of the speakers at the International Green Building Conference (IGBC) 2012 organized by the Singapore Green Building Council (SGBC) along with Build Eco Xpo (BEX) Asia 2012.
This year, BEX Asia 2012 offers and event timing is right for the industry players and market participants to network, exchange ideas, discover new innovations and enhance future business prospects. This annual event is the introduction of three new segments Green Interiors, skyrise Landscaping and Heating Ventilation and Air-Conditioning (HVAC) related to the rapid growth in the urban environment in Southeast Asia.
Louise Chua, Project Director of Reed Exhibitions said BEX Asia, the presence of a strong International participants this year are from Australia, China, Italy, Japan, Korea, Taiwan, Malaysia and Portugal. BEX Asia this year will feature FOCUS @ BEX, a special event to present the technical aspects of the product and the latest green technologies.
One of the exhibitors was Eco Green who will introduce LVD induction lamps as a new technology to reduce energy consumption by up to 50 percent. Asahi Glass Co., other participants, will feature a durable protective layer architecture that eliminates the environmental impact of repainting and recoating, while reducing building heat and energy savings.

Global Flushed, JCI Back Konsolidatif

Composite Stock Price Index re-tested strength in trading Tuesday (11/09/2012). Global Stock flushed ahead of the meeting of the Federal Reserve in the United States so as to force the JCI.

JCI is expected to return konsolidatif with a tendency to weaken. Investors realize their profits in the stock market Wall Street overnight. This happened before the Fed meeting on Thursday this week.

The Dow Jones industrial average slipped 52.35 points (0.39 percent), the S & P 500 fell 8.84 points (0.61 percent), and the Nasdaq composite index hit 32.40 points (1.03 percent).

Yesterday, the index closed up 16 points (0.40 percent) to 4160.66 levels with the number of transactions as much as 7.09 million lots, equivalent to Rp 7.32 trillion. All sectors rose, except for infrastructure (-0.99 percent) and finance (-0.43 percent). As many as 95 stocks advanced, 131 stocks fell, 89 stocks were unchanged and 145 shares not traded at all.

Foreign investors recorded net purchases (net buy) in the regular market of Rp 269.77 billion in the stock of the most widely purchased are ASII, UNTR, SMGR, BBNI, and UNVR.

Technically, according to research eTrading Securities, JCI ADX is still weak, while stochastic is signaling overbought. Therefore, when it is expected investors need to be careful considering the consolidation of JCI are still not finished.

Today is expected to support JCI still in 4090 and 4195 with the sentiment varied resistance and consolidation trend. The stocks that can be considered is BISI, ASII, and TINS.

Featured Stocks Will Push JCI

Positive sentiment coloring movement Composite Stock Price Index at the Indonesian Stock Exchange, Friday (09/07/2012). Leading stocks are expected to boost the index significantly. Research Universe Indonesia Stock Indovest stated today that it will move higher positive sentiment affected the approval of new program of bond purchases by the European Central Bank this morning.

Investors are expected to begin to take action to buy primarily on leading stocks (blue chip). Asian stocks moved higher this morning also affected plus Wall Street and plans new bond purchases by the European Central Bank (ECB). The Nikkei rose 1.8 percent. Wall Street had gained sharply in overnight trading driven by ECB approval confirming the existence of a new bond-buying program, in addition ECB held interest rates again at the level of 0.75 percent.

Some U.S. economic data was also quite encouraging and helped sustain the rise, ISM service sector rose in August, and a private company managed to increase workforce of 201,000 in August exceeded expectations. The Dow rose 244.52 points, or 1.87 percent, the S & P 500 rose 2.04 percent, and the Nasdaq rose 2.17 percent. European stocks close higher after ECB previously confirmed the existence of the new bond-buying program. FTSE index rose 2.1 percent, up 3 percent CAC, DAX rose 2.9 percent.