Local Investor Profit Taking, JCI Thinning 2 Points

Jakarta - The Composite Stock Price Index (CSPI) thinned 2 points on profit-taking following a local investor. In fact, foreign funds flowing into the stock exchange with a value of more than Rp 800 billion.

Meanwhile, the rupiah against the U.S. dollar (U.S.) closed lower at the position of Rp 9700 per U.S. dollar compared to the position at the close of trading yesterday at Rp 9680 per U.S. dollar.

Starting trading, stock index opened trimmed 12.927 points (0.28%) to a level of 4621.524. Negative swept in regional bourses. Profit-taking target shares yesterday rose high.

Leading stocks were targeted direct selling, this article shares today are up pretty high. Fortunately foreign buying managed to push the index back into the green zone.

Index also managed to penetrate another record intraday all-time high of 4656.128 level. In fact, yesterday the index just got a record high of 4634.451.

At the closing session of the trading, stock index edged up 8 points (0.19%) to a level of 4.63,365 managed to stay in the green zone due to foreign buying amid berjatuhannya Asian bourses into negative territory. Index also briefly hit a record intraday high.

Foreign investors still keen hunting stock, this time targeting two-tier stocks. Some leading stocks hit by profit-taking investors made locally.

Ending trading on Thursday (21/02/2013), JCI closed thinning 2.047 points (0.04%) to a level of 4632.404. While the LQ45 index closed decreased 0.284 points (0.04%) to a level of 790.711.

Profit-taking was carried out local investors to create the index can not reverse direction to the green zone. Foreign transactions into the afternoon's activities net purchases (foreign net buy) worth Rp 824.81 billion in the whole market.

Trade today went pretty crowded with the frequency of transactions reached 182,216 times the volume of 7.922 billion shares worth Rp 6.428 trillion. A total of 77 stocks rose and the rest fell 167 shares, and 112 shares stagnant.

Termination of the stimulus by the U.S. central bank is feared to slow global economic growth. This makes regional investors to sell its stake to secure the assets, consequently bourses in Asia fell in the red zone.

These circumstances bourses in Asia this afternoon:
The Shanghai Composite Index dropped 71.23 points (2.97%) to a level of 2325.95.
The Hang Seng index 400.74 points (1.72%) fell to as low as 22906.67.
The Nikkei 225 index decreased 159.15 points (1.39%) to a level of 11309.13.
Straits Times Index fell 26.04 points (0.79%) to a level of 3282.85.
The shares are up significantly and entered the ranks of the top gainers among Lionmesh (LMSH) rose Rp 2,700 to Rp 16,700, Lion Metal (LION) rose Rp 1,200 to Rp 13,000, Eagle Crown (EMTK) rose Rp 900 to Rp 5150, and Indosprings (inds) rose Rp 300 to Rp 6950.

While stocks are down quite deep and in the category of top losers include Century textille (CNTX) fell Rp 1,200 to Rp 4800, Bank Mayapada (MAYA) fell Rp 600 to Rp 2950, ​​Centris (CMPP) fell Rp 280 to Rp 850 and Bukit Asam (PTBA) fell Rp 250 to Rp 15,150.