We estimated the TRADE to move up today, with the hope of improving the economy of the United States. We expect the level of support and resistance TRADE on these days will be in 3.915 and 3,975.
Technical Pick:
INTP (17,750) – SELL
LPCK (2,125)-BUY
AKRA (3,300) – Sell Spec.
EARTH (2,475) – Buy Spec.
TRADE on the land in the red zone, after slipping to 0.74% to as low as 3.909,640. The only sector that still held out a flimsy + 0.13% rally was the plantation sector. Emerging markets stock move wildly in both ways yesterday. Are your triggers, concerns European debt crisis could trim exports likely to Asian countries. These cover the positive Rumor of speculation of economic recovery in the United States. As for, the Shanghai index corrected-0.4%, prior to the release of inflation data in China today. Kospi index fell-0.4%. Meanwhile, the Nikkei index rose + 0.3% and the index goes up + 0.8% Hangseng.
Stock Wall Street closed flat. The market is still waiting for the movement of bond market in the next two days that could determine the direction of the Euro Zone's debt crisis. The Dow Jones was down-0.12%. While the S & P500 index rose + 0.02% and the Nasdaq rose + 0.29%. Meanwhile, the price of gold rise to contract level 1, USD 639.60 per troy ounce or up + 0.5% in New York. Gold price surges triggered by an increase in demand for physical gold that penetrated the highest record in China. Gold demand in China for greater China was about to protect investors against the estate property prices and the stock market slump. The crisis has an impact on the export of Germany. Germany's exports grew by 8.2% in 2011. But in 2010, its export increased by 13.7%.Consequently, Germany'S GDP grew only by 3% in 2011, slower than the growth of 3.7% in 2010. While the budget deficit of 1% of GDP. Even so, Germany can still avoid a recession. Level penganggurannya even touched its lowest point in two decades that could boost public spending. Yesterday's DAX closed down 0.2%, weakened-FTSE closed weakened-0.5%
Strengthened TRADE For Inclined (Range 3.952 — 3,940), all the Exchange TRADE on practical sessions yesterday tinged with action of profit taking and closed weakened are in level 3,909. The index looks are testing the support level in equidistant channel and allow it to happen technical rebound and move towards the resistance level at 3,840, Stochastic and RSI which however shows saturation lawsuit against mengahambat the rate of increase in potentially buying index if able to pass through the 3,900 possibility can move towards support level at 3,875. Today an estimated index moves for the trend strengthened limited.
IHSG yesterday closed rectified by 0.7% at level 3.909 .64 triggered by action take profit investors. Profit taking going on nearly hit all sectors with significant TRADE on selling pressure in the consumer sector, various industries, trade and manufacturing. Only one sector that is still closed, i.e. the sector continued to penguatannya plantations (+ 0.1%). Meanwhile, foreign print transaction net sell $ 691 billion due to the sale of shares in the market negotiating AMRT. Top stocks gainers were MLBI climbed Rp 9000, TOBACCO COMPANY rose Rp 373 600, MARK up CHILDHOOD TRAUMA up 1,000 and Rp 500; While the shares of the top losers among others ASII down Rp 1,350, the DSSA was down Rp 1,100 GGRM dropped Rp 950, and the ITMG down Rp 750.
Wall Street closed overnight exchanges vary over the attitude of wait & see investors securities auction proceeds over Italy and Spain. The Dow Jones index – 0.1%; S & P 500 and Nasdaq flat + 0.3%. Meanwhile, European exchanges were closed again due to the limited warning rectified Fitch Rating of the possibility of kolapsnya Euro if there is no real steps the European Central Bank. It directly imposes to the Euro currency, which plummeted to the lowest levels directly point in 16 months against the USD.
Return negative European sentiment along with a warning by Fitch resulted in Asian exchanges tend to be opened this morning suffered attenuation. The Nikkei index-0.6%; KOSPI-0.0%; STI-0.3% and KLSE + 0.3%. TRADE on these days we think may still move sideways for the range of trading and are on level n.3.940 3.834-. Berfundamental stocks a selection of our solid, among others: ASII, UNTR, ADRO, ITMG, PTBA, GGRM, SMGR, JSMR, BBRI and BMRI.
Trading in the stock market closed flat AS yesterday with the DJIA weakened-0.10%; S & P 500 rose + 0.03% thin; and the Nasdaq rose + 0.31%. The U.S. stock market condition is triggered by lack of investor anxiety in waiting for the results of an auction of bonds linked to the resolution of debt crises in Europe. Investors argued that Europe's debt crisis could hamper the pace of global growth. Similar conditions were also seen on some European exchanges where the FTSE 100 rectified-0.45%; DAX-0.28%; and the CAC 40-0.20%.
From within the country, Indonesia stock exchange closed 29 points or rectified weakened 0.75%. There are about 9 a sector and agribusiness sector only rectified that prop up the stock trading yesterday. Although the stock market gives positive regional sentiment in Asia opened in positive territory at yesterday's trading, it does not have an impact on Indonesia's stock trading. The anxiety of investors will bond auction results and make Italy Spain committed investors take profit shares especially in the sectors of consumer. Regional stock exchange yesterday closed with the Nikkei-0.59%; Shanghai-0.42%; Hangseng 0.78% and +.
In stock trading today we see that the stock market will move Indonesia mixed. Although us economic data and China showed improvement, investors were still waiting to hear the results of the European bond auction.
We expect strengthened TRADE will be limited to trading today following the ragamnya sentiment from the start of the global exchange due to its bright optimism the US economy and the negligible movement of the exchange-the exchange of regional since it still awaits the result of the sale of debentures Italy and Spain this week. Our TRADE will move in a range of support level and level 3.903-3.912 resistance 3.957-3.976.
In yesterday's Trading TRADE closed up 30.9 points to level with the transaction totaling Rp 3938 5.7 trillion and foreign conduct net buying Rp 546.76 billion. Yesterday, all sectors to move in positive territory and led by the mining sector.Strengthening index yesterday was also in response to positive us economic data, sentiment and China.
The Dow jones overnight closed strengthened 69.78 points to as low as 12462. Improved performance of one of the companies AsAlcoa provide a new optimism on the u.s. economy.Financial statement quarter IV a number of companies ASmengakibatkan portion of the world stock exchange shot up. The meeting between the leaders of Germany to the Chairman of the IMF yesterday in Berlin also managed to lift the main index-index of Europe.
Regional index opened up this morning, continued reinforcement for 3 consecutive days, market participants are optimistic of improved US economy although Fitch had warned would lower Italy's rating level.
Technical aspects, TRADE on the move strengthened form bullish candlestick marubozu with volume above average 20 days indicating the magnitude of the selling pressure. Whereas a Stochastic oscillator could potentially form a golden cross in overbought area. The index is still a chance to continue the predicted the strengthening however limited and moving in the range 3890-3960. be aware of BBNI shares, the BMRI, UNTR, INDF, the ITMG.
At the close of stock trading yesterday, Indonesia stock exchange strengthened following the strengthening of global stock exchanges. IHSG yesterday closed strengthened 1.28% to 3,938,84. Asian regional Exchange also closed strengthened where Nikkei 225 + 0.38%; Hangseng Index + 0.73%; and Shanghai + 2.69%. The strengthening of regional stock exchanges in Asia was triggered by the presence of elevated levels of exports to China are up 13.4% in December compared to December of 2010 and 2011, the increase in consumer credit data in the u.s. November 2011.
The American Stock Exchange yesterday closed strengthened with DOW closed strengthened + 0,56%; S & P 500 + 0.90%, Nasdaq + 0.97%. The strengthening of America's stock exchange was triggered following the speculation over China's action which will spur economic growth and increases in income investor optimism against companies in the United States. Market sentiment is improving along with the improving financial report data that is aluminum company Alcoa in the United States. Of European regions, the Exchange also was closed along with the strengthening of the Exchange rose AS the FTSE 100 closed strengthened + 1.5% and the DAX + 2.42%
Although it is still overshadowed by the uncertainties of European crisis resolution, we see that the Indonesia stock exchange on the day it will return the bullish regional exchanges in line with the movement.
Start mixednya trading the market direction could affect regional sentiment. TRADE on continued strengthening with penetrating psychological 3,900 level yesterday. Strengthening the opportunities can still happen but in the middle of the beresikonya action of profit taking. Then, we estimate the TRADE will still be mixed with a tendency strengthened today.
