selamat jumpa‎ > ‎

Ekonomi gonjang-ganjing

Rabu, 24/11/2010 07:10 WIB
Konflik Duo Korea dan Krisis Irlandia Rontokkan Wall Street
Nurul Qomariyah - detikFinance
New York - Saham-saham di bursa Wall Street langsung rontok akibat memanasnya konflik antara Korea Selatan dan Korea Utara, ditambah masalah krisis utang Irlandia yang dikhawatirkan menular ke negara lain.

Seperti diketahui, konflik antara Korsel-Korut memanas setelah Korut menembakkan artilerinya ke salah satu kepulauan di Korsel. Ini adalah serangan terbesar Korut ke Korsel setelah perang duo Korea itu di akhir 1953.

Pada perdagangan Selasa (23/11/2010), indeks Dow Jones Industrial Average merosot hingga 142,21 poin (1,27%) ke level 11.036,37. Indeks Standard & Poor's 500 juga melemah 17,11 poin (1,43%) ke level 1.180,73 dan Nasdaq merosot 37,07 poin (1,46%) ke level 2.494,95.

Indeks Volatilitas CBOE Volatility yang merupakan panduan kekhawatiran investor melonjak hingga 12,3%, yang merupakan kenaikan harian terbesar dalam 3 bulan terakhir.

Jeff Kleintop, chief market strategist LPL Financial mengatakan, berita-berita tersebut mengingatkan para pialang tentang bagaimana mudahnya pasar terganggu oleh masalah geopolitik.

"Karena kita bergerak ke tahun 2011, fokus Presiden Barack Obama pada kebijakan domestik akan banyak berkurang dan lebih banyak fokus pada kebijakan luar negeri, mengkonfrontasi beberapa rezim disana. Dan itu mungkin berarti risiko premium geopolitik akan meningkat," ujar Kleintop seperti dikutip dari Reuters, Rabu (24/11/2010).

Padahal pasar sebelumnya telah mendapatkan sentimen negatif dari krisis utang Irlandia. Meski Uni Eropa, sejumlah negara Eropa dan IMF telah sepakat untuk menolong negara tersebut, namun diyakini tidak akan cukup untuk mengatasi krisis agar tidak menular ke negara lain.

Situasi Irlandia yang tidak pasti itu sebelumnya telah menekan euro yang pada akhirnya berkontribusi juga melemahkan harga-harga saham.

Indeks sektor energi, GSPE memimpin pelemahan S&P 500 dengan penurunan sebesar 1,9% seiring anjloknya harga minyak mentah hingga 0,6% menjadi US$ 81,25 per barel. Saham Chevron dan Exxon Mobil masing-masing turun 2% dan memberikan kontribusi hingga 15,5% pada anjloknya indeks Dow Jones.

Perdagangan berjalan sepi dengan transaksi di New York Stock Exchange mencapai 7,6 miliar lembar saham, di bawah rata-rata tahun ini sebesar 8,7 miliar lembar.
(qom/qom)
Jumat, 24 September 2010 | 05:57 oleh Barratut Taqiyyah , Sumber : Bloomberg BURSA AS S&P 500 dan Dow Jones terpukul NEW YORk. Saham-saham di bursa AS melorot. Hal itu menyebabkan Standard & Poor's 500 Index mengalami penurunan paling tinggi dalam sebulan. Outlook laba bank yang melorot serta peningkatan pengajuan klaim pengangguran membayangi reli atas saham-saham teknologi. Sejumlah saham yang melorot kemarin malam antara lain Goldman Sachs Group Inc dan Citigroup Inc yang turun lebih dari 2%. Sementara, sektor real estate yang terhimpun di index S&P 500 anjlok 2,7%. Sementara itu, Apple Inc naik untuk yang ke-17 kali dalam 19 hari dan berhasil melampaui PetroChina Co dan menjadi perusahaan kedua terbesar dunia dilihat dari kapitalisasi pasar. Pada penutupan di New York, S&P 500 turun 0,8% menjadi 1.124,83. Sementara, indeks Dow Jones turun 0,7% menjadi 10.662,42. "Data perekonomian yang ada sangat buruk. Padahal, pasar berjalan dengan baik. Hasilnya, investor banyak yang melakukan aksi jual," jelas Michael Cuggino dari Permanent Portfolio funds di San Francisco. Catatan saja, S&P 500 sudah melesat sebesat 7,2% pada September. Kendati begitu, sepanjang tahun ini, indeks acuan AS tersebut sudah melorot 7,6% dari posisi tertingginya pada April lalu. Investor cemas angka pengangguran AS kian membengkak dan defisit anggaran di Eropa akan menahan laju pemulihan ekonomi global.


Soft recovery means slow U.S. job growth: OECD Mon, Sep 20 2010 By Glenn Somerville WASHINGTON (Reuters) - The U.S. recovery is so soft that it risks creating a "frustrated generation" of young people unable to find work despite having heeded advice to stay in school, a senior official from the Organization for Economic Cooperation and Development said on Monday. "During the 2007-2009 recession, unemployment rose for 2-1/2 years before peaking in the fourth quarter of 2009 at 10 percent of the labor force, suggesting that it could be early 2013, at best, before the rate returns to its pre-recession level," the Paris-based OECD said in a U.S. outlook. OECD Secretary-General Angel Gurria called high unemployment among U.S. youth "a tragedy within the tragedy" of the downturn, adding it was devastating for young Americans who had equipped themselves through education for jobs that are not appearing. "There is a danger of a frustrated generation," he said. The OECD report, which projects U.S. economic growth at a sluggish 2.6 percent in 2010, said damage from the recession was so extensive that consumer demand was likely to be restrained "over the next couple of years," and could potentially inflict a long-term increase in unemployment. It said U.S. actions in temporarily extending the duration of unemployment benefits up to 99 weeks from 26 weeks did not seem to be reducing incentives to search for work, but warned that could happen later. "Thus, as the unemployment rate comes down, the maximum duration of unemployment benefits should return to the pre-crisis level, as has happened in past recessions," it said. EASY RATES POLICY APPROPRIATE The OECD said that because of the degree of slack in the economy and low inflation, current low interest rates were appropriate. But it urged policymakers to continue planning for a quick withdrawal of "the very accommodative stance of monetary policy" as soon as conditions permit in order to avoid a flare-up of inflation. "The housing market faces a long process of returning to normal," the OECD said. It noted that fallout from the slump in housing markets was more acute in the United States than elsewhere and urged reducing or ending mortgage-interest tax deductibility that it said benefits the rich disproportionately and spurs excessive homebuying. The OECD said the United States needs to get its budget deficits under control because it cannot pile up debt endlessly, but acknowledged that a questionable outlook means it must proceed with care. It endorsed the Obama administration's plan to cut the federal deficit to 3 percent of GDP by fiscal 2015 from 10.6 percent. "It is an essential step to boost confidence," Gurria said, though he specified that policymakers must spell out how it is to be achieved and the measures that will be implemented to achieve that objective. "The course of the recovery is still uncertain, arguing against a sharp and immediate deficit reduction," the OECD said. "In view of these conflicting considerations, the administration's fiscal plan is ambitious, but appropriately gradual and should therefore be implemented in full." The report also said that the United States should look at pushing up consumption taxes rather than income taxes and suggested that would be one way to get savings up and deficits down. "Raising consumption taxes, notably by introducing a federal value-added tax (VAT), could therefore be another approach to addressing fiscal challenges," the OECD concludes.
September 20, 2010

Stocks Move Higher, Extending Rally

By THE ASSOCIATED PRESS

Stocks extended their September rally into a fourth week Monday as investors hoped for more moves by the Federal Reserve to prop up the economy.

Buying accelerated after the Standard & Poor’s 500-stock index, the market measure most often used by professional traders, broke through the high end of its recent range. Technical analysts see that as a bullish sign for the market.

The Dow Jones industrial average jumped almost 146 points to its highest close since May. Buyers were also encouraged by an announcement from a group of economists declaring that the most recent recession ended in June 2009.

The Fed meets Tuesday to discuss interest rates, and investors are hoping for a sign that the central bank might make more moves to keep rates low. There is a growing expectation that the Fed’s rate-setting committee could revive programs to buy Treasuries and mortgage bonds in an effort to stimulate the economy. At the least, it might hint at future plans.

“The Fed will hint at it, put it on the table, but not do anything,” said Brian Gendreau, a market strategist at Financial Network Investment.

The Treasury’s 10-year note rose 9/32, to 99 10/32. The yield fell to 2.70 percent, from 2.74 percent late Friday.

A number of economic indicators have topped forecasts in recent weeks, propelling stocks higher, but the economy is far from strong. If the Fed starts buying bonds again it could drive interest rates lower, enabling companies and consumers to get cheaper loans. The Fed had a similar bond-buying program in place earlier this year.

In corporate news, I.B.M. said it would buy the data storage provider Netezza for about $1.7 billion in cash. Investors see acquisitions as a sign that companies are becoming more comfortable using their spare cash built up during the recession in order to expand.

The Dow Jones industrial average rose 145.77 points, or 1.4 percent, to close at 10,753.62. The S.& P. 500 rose 17.12 points, or 1.5 percent, to 1,142.71, and the Nasdaq composite rose 40.22 points, or 1.7 percent, to 2,355.83.

The S.& P. 500 climbed solidly above 1,131, the high end of its recent trading range. The index briefly crossed that barrier on Friday for the first time since June 21, but not for long enough to convince analysts that the market had enough momentum to surge higher.

Many automatic buy and sell orders are set around market milestones such as these, and investors watch those levels closely for clues about which way the market may go next.

Five stocks rose for every one that fell on the New York Stock Exchange, where volume came to 955 million shares.

Overseas, Britain’s FTSE 100 closed up 1.7 percent, Germany’s DAX index gained 1.4 percent, and France’s CAC-40 rose 1.8 percent. The Japanese stock market was closed Monday.


Slowing recovery a policy headache 3:02pm EDT By Kristina Cooke NEW YORK (Reuters) - The sputtering global economy is complicating life for policymakers from Washington to Tokyo. When the financial crisis erupted in 2007, authorities around the world began throwing nearly everything they had at the problem to avoid a re-run of the Great Depression. Three years later, with the global recovery losing momentum, they find themselves in a tough spot yet again. This time, if things get worse, they won't have as many tricks left in the bag to jump-start their faltering economies. What's more, whatever medicine they prescribe may well come with unpleasant side effects. For the Federal Reserve, the medicine in question could be more large-scale purchases of U.S. Treasury bonds, though officials are unlikely to unleash that option at their policy-setting meeting on Tuesday. Officials at the U.S. central bank disagree on many fundamental questions: How dark is the outlook? What should the threshold for further support be? Would pumping more money into the financial system be effective or could it do more harm than good? "The economy is not falling apart, so easing now could send a signal that folks at the Fed are a little bit panicked," said Stephen Stanley, chief economist at Pierpont Securities in Stamford, Connecticut. "They need to make sure if they do more that the case for it is strong and the case is well-explained." Further Fed easing could make things even more difficult for other countries, which are resorting to their own tactics to defend their economies. Japan last week intervened in currency markets for the first time in six years to weaken its yen in a last-ditch bid to improve the competitiveness of its exports in a world of weak demand. A strong yen curbs Japanese exports and weighs on production, making it harder for Tokyo to end the long spell of falling prices that dampens consumer demand and discourages corporate investment. Although Japanese markets will be closed for holidays on two days next week, another round of foreign exchange intervention could still be forthcoming and will keep markets on edge. Japan's unilateral move to devalue its currency sparked fears other countries might follow suit and deal a crippling blow to the global recovery. It also elicited stinging criticism from other countries. "We don't like the behavior of the Japanese authorities," the head of the euro zone group of finance ministers, Jean-Claude Juncker, told reporters on Thursday. European growth has been driven by Germany's export-led economy. Policymakers worry a strengthening euro, which rose nearly 5 percent in three days on Japan's move, could further slow Europe's recovery. "Everyone seems to want a weaker currency in this environment to drive exports, but clearly not everyone can," said Mark McCormick, a currency strategist at Brown Brothers Harriman in New York. A range of European data next week on manufacturing, consumer confidence and Germany's business climate is expected to add to evidence of a slowdown. Coupled with revived worries about European debt burdens and the health of euro zone banks, the slowdown spells the potential for more anxiety for financial markets. The European Central Bank kept rates on hold at a record low 1 percent this month and extended unlimited liquidity to banks until at least early next year, further delaying its exit from emergency lending measures. Markets will watch any comments from ECB policymakers about the outlook for the economy and policy there. ECB President Jean-Claude Trichet will attend a euro-zone conference in Estonia on Sunday and Monday, while ECB Executive Board member Juergen Stark will speak in Italy on Friday. The global backdrop will no doubt be on Federal Reserve officials' minds as they mull the costs and benefits of pumping more money into the financial system. Fed Chairman Ben Bernanke said in late August that he would need to see a significant deterioration in U.S. economic conditions before easing monetary policy further. The Fed has already cut interest rates to near zero and bought $1.7 trillion in longer-term bonds. It is unlikely the threshold for further large-scale purchases has yet been met, given a slightly better tone to recent data. The data "lifts some of the pressure, and when you have a divided committee, if you are not pressured, you move sideways," said Vince Reinhart, a former senior Fed staffer. Some Fed officials worry that if any further monetary easing is not effective in spurring the recovery, it would tarnish the U.S. central bank's much-needed credibility. Others worry about the potential for market disruption or sowing the seeds for inflation down the road. "They will acknowledge the problem in the outlook and look for a compromise that kicks the can down the road," Reinhart said. Some officials, including Dallas Fed President Richard Fisher, argue that the ball is now in the government's court to do more to support the economy. The House of Representatives will vote on a package of loan incentives and tax breaks for small businesses next week. With the unemployment rate stuck at 9.6 percent, Democrats are eager to show voters they are taking steps to help the economy as the November 2 congressional elections approach. Many of their job-creation efforts have been blocked by Republicans this year.

Investasi HOME|MARKET | Sabtu, 18 September 2010 | 07:18 oleh Edy Can, AP BURSA GLOBAL
Reli Wall Street mulai melamban NEW YORK. Reli bursa Wall Street masih berlanjut kendati mulai melamban. Kenaikan indeks ini ditopang oleh saham-saham sektor teknologi. Pada Jumat (17/9), indeks Dow Jones Industrial naik sebesar 13 poin. Sementara Indeks Standard & Poors 500 naik kurang dari satu poin. Selama sepekan indeks Dow dan S&P telah naik sebesar 1,4%. Sementara indeks Nasdaq melejit 3,3%. Perdagangan dimulai dengan kabar baik dari sektor teknologi. Kabar ini berasal dari laporan keuangan Oracle Corp. dan Research in Motion (RIM), produsen Blackberry. Oracle membukukan keuntungan lebih dari perkiraan analis. Laporan keuangan ini membuat harga sahamnya menguat sebesar US$ 2,12 atau naik 8,4% menjadi US$ 27,48 per saham. Sementara RIM melaporkan jumlah pelanggan barunya melonjak drastis. Padahal, sebelumnya, investor khawatir persaingan antara RIM, Apple Corp dan pembuat ponsel yang menggunakan sistem operasi Android. Laporan RIM ini memecut harga sahamnya naik sebesar 23 sen menjadi US$ 46,72 per saham. Tak pelak ini membuat indeks sektor teknologi dan industri melejit. Sayangnya, pergerakan indeks ini tak diikuti oleh sektor energi akibat melorotnya harga minyak. Harga minyak di New York Mercantile Exchange untuk kontrak pengiriman Oktober turun 91 sen menjadi US$ 73,66 per barrel. Menurunnya indeks kepercayaan konsumen berdasarkan hasil survei Universitas Michigan juga turut menjadi sentimen negatif bagi bursa Wall Street. Begitu pula dengan harga emas yang terus membukukan rekor sehingga membut investor semakin berhati-hati bermain di bursa saham. Harga emas kembali mengukir rekor baru di level US$ 1.284,4 per ouns. Stocks stay in tight range on mixed data 6:29pm EDT By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks were little changed on Thursday as mixed economic data and a cautious forecast from economic bellwether FedEx kept the market locked in its recent tight trading range. Shares in FedEx Corp (FDX.N: Quote, Profile, Research, Stock Buzz) fell 3.7 percent to $82.72 after the company, seen as a proxy for economic demand because of the wide swath of industries it serves, forecast quarterly profit below Wall Street's expectations and warned the recovery may slow. A drop in initial jobless benefit claims to a two-month low in the most recent week was not enough to lift stocks, while a gauge of business activity in the U.S. Mid-Atlantic region showed a contraction for a second straight month in September. The S&P 500 has settled into a range between support at its 200-day moving average around 1,115 and resistance around 1,130. Attempts to pierce 1,130 have been thwarted several times since June, including this week. "We are just in the same growth path we were before the double-dip fears -- that is why the market is just kind of stuck, volumes are kind of low, and there is no conviction one way or the other," said John Canally, investment strategist and economist for LPL Financial in Boston. "Today, jobless claims were good, corporate earnings data not so good, and that's the tug of war you are in today." The Dow Jones industrial average .DJI gained 22.10 points, or 0.21 percent, to 10,594.83. The Standard & Poor's 500 Index .SPX dropped 0.40 points, or 0.04 percent, to 1,124.67. The Nasdaq Composite Index .IXIC gained 1.93 points, or 0.08 percent, to 2,303.25. Oracle Corp (ORCL.O: Quote, Profile, Research, Stock Buzz), the No. 3 software maker, and BlackBerry maker Research in Motion Ltd (RIM.TO: Quote, Profile, Research, Stock Buzz)(RIMM.O: Quote, Profile, Research, Stock Buzz) rose in extended trade after posting quarterly results that topped Wall Street's expectations. Oracle shares gained 4.1 percent to $26.41 and Research in Motion jumped 8.4 percent to $50.40 in extended trade. Texas Instruments Inc (TXN.N: Quote, Profile, Research, Stock Buzz) shares rose 3.5 percent to $25.85 after the bell as the chip maker increased the amount of stock it would repurchase and boosted its quarterly dividend by 8 percent. On Thursday, The Labor Department said the seasonally adjusted index for prices paid at the farm and factory gate increased 0.4 percent, the largest increase in five months, after gaining 0.2 percent in July. Analysts polled by Reuters had expected producer prices to rise 0.3 percent last month. In the 12 months to August, producer prices increased 3.1 percent, slowing from the prior month's 4.2 percent increase. The Philadelphia Fed's survey, expected by a Reuters poll to show growth in manufacturing, showed falling activity for the second consecutive month and was a reminder of the pressure still on the recovery. Weakness in FedEx spilled over to the rest of the sector. Rival United Parcel Service Inc (UPS.N: Quote, Profile, Research, Stock Buzz) shed 1.4 percent to $66.72, and the Dow Jones Transportation average lost 1 percent. Ford Motor Co (F.N: Quote, Profile, Research, Stock Buzz) rose 4.8 percent to $12.44 after Barclays upgraded the stock to "overweight" from "equal weight," saying the U.S. automaker's earnings power has risen, driven by its vehicles and U.S. pricing. A Reuters poll of institutional investors and strategists found U.S. stocks are expected to make strong gains before year-end as worries about a second recession subside. Volume was light with about 6.5 billion shares traded on the New York Stock Exchange, the American Stock Exchange and Nasdaq, well below last year's estimated daily average of 9.65 billion. Declining stocks outnumbered advancing ones on the NYSE by four to three, while on the Nasdaq, decliners beat advancers by about five to three. (Editing by Padraic Cassidy) U.S. Stocks Advance, Sending S&P 500 Index to a Five-Week High By Rita Nazareth - Sep 15, 2010 U.S. stocks advanced, sending benchmark indexes to the highest levels in five weeks, as speculation companies will be bought or return cash to shareholders raised investors’ optimism. Travelers Cos. advanced 2.9 percent, the most in the Dow Jones Industrial Average, after boosting its forecast for stock buybacks. Novell Inc. rose 5.9 percent after the New York Post said the company reached an agreement to sell itself. McKesson Corp. helped lead gains among health-care companies after Lazard Capital Markets said it may rally. Time Warner Cable Inc. slumped 5 percent after saying it may lose customers. The S&P 500 rose 0.4 percent to 1,125.07 at 4 p.m. in New York, the highest since Aug. 9. The index is up 10 percent from 2010’s low in July. The Dow advanced 46.24 points, or 0.4 percent, to 10,572.73. “Investors’ psychology is turning from bearish to slightly more bullish,” said Bruce Bittles, chief investment strategist at Milwaukee-based Robert W. Baird & Co., which oversees more than $85 billion. “The slowdown in economic figures has already been baked into prices. The surge in M&A deals and corporate action is an indication of management confidence.” The S&P 500 has risen 7.2 percent so far this month and is on pace for the best September since 1954. Looking back at months that begin with a gain between 6 percent and 8 percent, the market has rallied, on average, 0.84 percent through the end of the month, Cleve Rueckert analyst at Westport, Connecticut- based firm Birinyi Associates Inc. wrote in a note today. Economic Health Investors have grappled with conflicting reports this year about the strength of the economy as American employers add jobs while European governments struggle to contain their budget deficits and China moves to cool growth. The S&P 500, which has gained 0.9 percent this year, remained 7.6 percent below its peak for 2010 on April 23 and trades for about 12.2 times forecast profits for the next year, near the 16-month low of 11.7 reached in July. Travelers rallied 2.9 percent to $52.49. Chief Financial Officer Jay Benet said the company will buy back more shares than previously planned. “Our guidance for the year had indicated that we would do about $4 billion” Benet said at a Barclays Capital conference in New York yesterday. “Based on our views of capital and based on our earnings profile and how the year’s progressing we’re actually feeling like we’ll be doing somewhere in the neighborhood of about $4.5 billion to $5 billion.” Novell, MasterCard Novell rose 5.9 percent to $5.90. The maker of Linux operating-system software has reached an agreement in principle to sell itself in two parts, the New York Post reported, citing people close to the process. MasterCard Inc. rose 5.2 percent to $210.18. The world’s second-biggest payments network approved a share buyback of as much as $1 billion and said profit will grow faster than some analysts had predicted. “Companies are starting to use their cash,” said Peter Sorrentino, who helps oversee $13.3 billion at Huntington Asset Advisors in Cincinnati. “That bodes well for the prospects of the economy. It means that they see a better future ahead and are willing to commit cash to mergers, dividends and buybacks.” Yahoo! Inc. gained 4.7 percent to $14.27, the most in four months. A research note from Susquehanna Financial Group LLLP said the search-engine company may sell its 39 percent stake in Alibaba Group Holding Ltd. in China for as much as $11 billion. Yahoo said it has no plans to sell its stake. Health-Care Companies Health-care companies had the biggest gain in the S&P 500 among 10 industries, rising 0.8 percent. The group rose to the highest level since May. McKesson rallied 5.4 percent to $62.98. The largest drug distributor is among Lazard’ top picks in the health-care services group. Stocks fell earlier today after the Federal Reserve Bank of New York’s general economic index fell to 4.1 this month, the lowest reading since July 2009, from 7.1 in August. Readings greater than zero signal expansion in the so-called Empire State Index that covers New York, northern New Jersey and southern Connecticut. U.S. factories slowed output in August as automakers scaled back following a surge in output the prior month. Industrial production increased 0.2 percent last month after rising 0.6 percent in July, figures from the Federal Reserve showed today. Factory output climbed 0.5 percent excluding autos, the most since May. ‘No Clear Direction’ “There’s no clear direction to the economy,” said Peter Jankovskis, who helps manage about $2.2 billion as co-chief investment officer at Oakbrook Investments in Lisle, Illinois. “That’s why the market has been drifting sideways here. That tells me we’re still in a soft-patch camp. We might be in for a pullback in stocks, especially after the strong run we’ve had.” Time Warner Cable slumped 5 percent to $52.43. The second- largest U.S. cable-television operator said it may lose subscribers in the third quarter as consumers curb home purchases amid a slowing economy. Micron Technology Inc. fell 4.5 percent to $6.94. The largest U.S. maker of computer memory had its rating cut to “neutral” from “buy” by Goldman Sachs Group Inc. Analysts led by James Covello in New York said in a report they “underestimated the impact tablets would have on the PC supply chain, with tablets cannibalizing notebooks faster and to a greater degree than we had expected.” AK Steel Holding Corp. dropped 5.7 percent to $13.70. The third-largest U.S. steelmaker by 2009 sales revised its third- quarter forecast to an operating loss because of sooner-than- planned maintenance and increasing iron-ore prices. Morgan Stanley fell 1 percent to $27.24. The New York-based bank was sued by China Development Industrial Bank for fraud to recover losses from an investment tied to residential mortgage- backed securities. The complaint by the Taiwanese bank was made public after markets closed.
Selasa, 14 September 2010 | 06:01  oleh Barratut Taqiyyah , Sumber : Bloomberg
BURSA AS
Awal pekan, saham perbankan sokong bursa AS

NEW YORK. Mengawali awal pekan, saham-saham di bursa AS ditutup naik. Beberapa penyebabnya antara lain melonjaknya tingkat produksi manufaktur China serta prediksi pertumbuhan perekonomian kawasan Eropa. Saham-saham perbankan melesat seiring adanya peratuan baru mengenai modal minimum yang harus dipenuhi pihak perbankan. 

Sejumlah saham yang mencatatkan kenaikan adalah: JP Morgan Chase & Co dan Bank of America yang masing-masing naik 3%. Ada pula Alcoa Inc dan General Electric Co yang naik lebih dari 1,6%, Microsoft Corp melesat 5,3%, serta Micron Technology terbang 8,3%. 

Alhasil, pada pukul 16.00 waktu New York, S&P 500 naik 1,1% menjadi 1.121,90. Sepanjang tahun ini, indeks sudah naik 0,6%. Sedangkan indeks Dow Jones ditutup naik 0,8% menjadi 10.554,13.

"Sentimen investor tumbuh negatif dan sangat ekstrem akibat kecemasan kalau AS akan kembali terjungkal ke jurang resesi. Namun dalam beberapa minggu belakangan, kita telah menerima sejumlah data ekonomi yang lebih baik dari prediksi dari AS, China, bahkan Eropa. Semuanya tidak seburuk yang ditakutkan," papar Mark Bronzo dari Security Global Investor. 

European Stocks, U.S. Futures Rise; Banks, Mining Shares Gain By Julie Cruz - Sep 13, 2010 3:36 PM GMT+0700 European stocks rose to a four- month high as regulators gave banks as long as eight years to meet new capital rules, while industrial output surged more than forecast in China. Asian shares and U.S. futures also gained. HSBC Holdings Plc and Societe Generale SA led gains by the region’s banks. BHP Billiton Ltd. and Rio Tinto Group rose at least 1.5 percent as China’s industrial production rose 13.9 percent in August. Deutsche Postbank AG slumped 6.3 percent after Deutsche Bank AG said it will offer between 24 euros and 25 euros a share to increase its stake in the lender. The Stoxx Europe 600 Index rallied 0.7 percent to 266.67 at 9:17 a.m. in London, its highest level since April 27. The measure has rallied 15 percent from this year’s low in May amid easing concern that efforts by European countries to tame their budget deficits may push the global economy back into a recession. Standard & Poor’s 500 Index futures gained 0.9 percent today, while the MSCI Asia Pacific Index climbed 1.4 percent to a four-month high. “More certainty is always a good thing within equity markets and so we now have a better idea about how much capital is going to be raised,” said Lucy MacDonald, chief investment officer at RCM UK Ltd., which has about $130 billion in assets under management. “Within the market there’s a lot of value. We find it quite a favorable environment as long as you can deal with the volatility.” The Stoxx 600 is trading at less than 16 times the reported earnings of its companies, near the cheapest valuation since 2008, according to data compiled by Bloomberg. About 56 percent of the companies on the benchmark gauge that have reported earnings for the second quarter posted net income that beat analysts’ estimates, Bloomberg data show. Basel Committee Regulators reached a compromise in Switzerland yesterday that more than doubles capital requirements for the world’s banks while giving them as long as eight years to comply. The Basel Committee on Banking Supervision will require lenders to have common equity equal to at least 7 percent of assets, weighted according to their risk, including a 2.5 percent buffer to withstand future stress. Banks that fail to meet the buffer would be unable to pay dividends, though not forced to raise cash. Chinese Growth Industrial production in China rose the most in three months and retail sales and lending figures topped economists’ estimates, statistics bureau and central bank data released Sept. 11 in Beijing showed. Imports also accelerated, in another sign Chinese growth is picking up after a second-quarter moderation. Concern that stocks will plunge has never been higher in global options markets, and that may mean it’s time to buy. Futures on the Chicago Board Options Exchange Volatility Index are pricing in a three-month gain of 31 percent and contracts based on swings in Europe and emerging-market equities have risen to near records, data compiled by Bloomberg show. Five of the seven times the VIX gap widened this much, the Standard & Poor’s 500 Index rose 11 percent on average in the next six months. One exception was May 2008, two months after Bear Stearns Cos. collapsed and before a 40 percent drop. European banking shares rose as much as 1.8 percent, among the best performers in the Stoxx 600. HSBC, Europe’s biggest bank, and Societe Generale led gains, advancing 1.1 percent to 668.9 pence and 3.3 percent to 45.37 euros, respectively. Santander, Postbank Banco Santander SA advanced 0.8 percent to 10 euros. Spain’s biggest bank agreed to pay 2.94 billion euros ($3.77 billion) for Allied Irish Banks Plc’s 70 percent stake in Polish lender Bank Zachodni WBK SA. Allied Irish surged 7.1 percent to 80 euro cents, the biggest advance in more than two months. Consumer lender Postbank fell 6.3 percent 25.34 euros. Deutsche Bank, Germany’s biggest bank, plans to raise at least 9.8 billion euros in its biggest-ever share sale to take over Postbank and meet stricter capital rules. Deutsche Bank expects to offer between 24 euros and 25 euros a share in cash to Postbank stockholders to increase its 29.95 percent stake in the lender, the Frankfurt-based bank said yesterday. Deutsche Bank shares slipped 0.6 percent to 47.42 euros, extending a 4.6 percent slump on Sept. 10. BHP Billiton, the world’s biggest mining company, rallied 1.5 percent to 1,951 pence. Rio Tinto, the third-largest, increased 1.8 percent to 3,592 pence as copper, lead, nickel, tin and zinc rose on the London Metal Exchange. Daimler, BAE Daimler AG, the world’s second-biggest of luxury cars, rose 1.2 percent to 44.29 euros, a fifth day of gains for the longest winning streak since April. The stock was raised to “overweight” from “neutral” at HSBC Holdings Plc and also upgraded to “overweight” from “equal-weight” at Barclays Plc. BAE Systems Plc gained 1.8 percent to 328.8 pence. Europe’s largest defense company’s plan to sell as much as $2 billion worth of U.S. aircraft and vehicle controls may help it focus on defense services and raise cash for potential purchases. BAE is seeking buyers for businesses that include hybrid propulsion systems for buses and trucks as well as flight controls used by Airbus SAS and Boeing Co., according to two people with knowledge of the plan. Heidelberger Druckmaschinen AG sank 4.3 percent to 5.94 euros as the world’s largest maker of printing presses said it will sell shares to reduce debt and improve financing. The Heidelberg, Germany-based company will sell 155.3 million shares in an offer priced at 2.70 euros a share. Associated British Foods Plc fell 3.3 percent to 1,052 pence, the biggest drop in almost seven weeks. The company reported slowing sales growth at its Primark discount clothing chain in the second half of the year.

Market falls amid European bank worries


By Edward Krudy
5:35pm EDT

NEW YORK (Reuters) - U.S. stocks fell in very light volume on Tuesday as investors seized on renewed concerns about European banks as a reason to sell shares after strong gains last week.

Banks, energy companies and chipmakers were the biggest decliners. Some analysts said the drop after Wall Street's best week in the past two months shows the market is likely to remain range-bound.

"It looks more like a consolidation than some type of conviction selloff," said Maier Tarlow, a New York Stock Exchange floor trader at Raven Securities. "We think that the market has got a bullish trend now, and unless we see repeated selloffs on better volume, we're going to keep that opinion."

Trading was among the lightest of the year, with 6.07 billion shares changing hands on the NYSE, Nasdaq and Amex combined. That contrasted with the 2009 average daily volume of 9.65 billion shares. Light volume tends to exaggerate market moves and can indicate a lack of conviction.

Worry about Europe's banks resurfaced after the Wall Street Journal reported major lenders understated holdings in potentially risky government debt during tests designed to probe banks' strength.

Although investors said the report contained little new information, it was enough to help spur profit-taking. Bank of America Corp  ) fell 2.1 percent and JP Morgan Chase & Co lost 2.3 percent.

"There's concern about the health about the European banking sector," said Tom Schrader, managing director of U.S. equity trading at Stifel Nicolaus Capital Markets in Baltimore. "That fear kind of comes and goes."

The Dow Jones industrial average  fell 107.24 points, or 1.03 percent, at 10,340.69. The Standard & Poor's 500 Index .SPX lost 12.67 points, or 1.15 percent, at 1,091.84. The Nasdaq Composite Index .IXIC shed 24.86 points, or 1.11 percent, at 2,208.89.

The decline ended a four-day rally for the S&P 500, although it was the magnitude of last week's move, not the duration, that was striking. The index jumped more than 5 percent over the last three days of the week on solid volume.

"We had a couple of days of nice buying on good volume which was an indication that institutions were stepping back in to buy stocks," said Tarlow.

Tuesday's losses followed the long Labor Day holiday weekend when most senior traders start returning to the office. Indexes had regained ground last week after stronger-than-expected U.S. payrolls and manufacturing data helped to quell fears of a double-dip recession.

The KBW Bank index lost 3.2 percent and the S&P financial index fell 2.4 percent. Bank of America fell to $13.21 and JP Morgan Chase was down to $38.28.

Also weighing on banks, Germany's banking association said the country's 10 biggest banks may need 105 billion euros in new capital as regulators revamp rules designed to prevent future crises.

European bank shares traded on Wall Street also lost ground. Barclays Plc ) U.S.-traded shares dropped 5.7 percent to $19.13, while Deutsche Bank AG  ADRs were down 3.2 percent at $62.52, and UBS AG    ADRs dipped 2.9 percent to $17.52.

Decliners outnumbered advancers by about three to one on the New York Stock Exchange.

Bruce Zaro, chief technical strategist at Delta Global Advisors in Boston, said he expected markets to remain volatile and range-bound until after U.S. elections in November. Then markets could rally sharply, he said.

"I don't think it's necessarily a reversal that has a lot of upside from here," he said of last week's rally. Part of the move was "a reactionary bounce to the pretty dramatic selling we had in August," he said.

Zaro said he saw the S&P 500 hitting a ceiling at around 1,120 to 1,130, with a downside limit at around 1,000 before a late-year rally after the elections.

Among advancers, Oracle Corp  jumped 5.9 percent to $24.26 after the world's third-largest software maker hired Mark Hurd, the former boss at Hewlett-Packard Co , as president.

U.S. Steel Corp ( ) attracted bullish option activity on renewed takeover speculation. Its shares rose 4.6 percent to $48.09, with one analyst citing ArcelorMittal  as a potential buyer. ArcelorMittal dropped 0.1 percent in New York to $31.52.

(Reporting by Edward Krudy; Additional reporting by Doris Frankel; Editing by Kenneth Barry)

Bonds fall on pickup in global manufacturing

12:15pm EDT

By John Parry

NEW YORK (Reuters) - Treasury debt prices fell on Wednesday as surprisingly strong U.S. and Chinese manufacturing data assuaged some concerns about the health of the global economy and whetted investors' appetite for riskier assets.

As money flowed out of safe-haven government debt into stocks, a steep sell-off in Treasuries pushed the 30-year bond's price down by three points.

The key catalyst for selling was the widely watched U.S. ISM manufacturing index, which rose to 56.3 in August, beating economists' consensus forecast for a fall to 53.0.

"With the Institute for Supply Management (report) not only showing a gain from July but completely confounding the consensus of economists for a sharp drop, all of a sudden the economic world is not coming to an end, and that is sharpening the appetite for risk assets," said David Dietze, chief investment strategist at Point View Financial Services, Summit, New Jersey.

Wednesday's economic reports go against recent U.S. housing and employment data that apparently signaled the pace of U.S. economic growth continued to slow markedly.

Some analysts cited market chatter about possible reallocation among longer-term investors into stocks and out of government bonds.

The benchmark 10-year Treasury note's price, which moves inversely to its yield, dropped more than one point for a yield of 2.60 percent, versus 2.54 percent before the manufacturing report and 2.48 percent late on Tuesday.

The 30-year Treasury bond price tumbled three points for a yield of 3.68 percent.

Data earlier on Wednesday showing a surprise loss of U.S. private sector jobs lent only a fleeting bid to Treasuries.

"Technically we found a range in notes and bonds and a floor on yields," said Jim Barrett, senior market strategist with Lind-Waldock in Chicago.

"This news just wasn't negative enough," Barrett said. "The backdrop with the recent data has been so negative anyway so the market is ignoring it," he added.

Analysts are citing the 2.67 percent area for the benchmark 10-year note's yield as a near-term upper technical level and between about 2.50 and 2.40 percent as a key lower area.

However, longer term, some prominent bond analysts are betting that benchmark yields will fall steeply from current levels as the economy loses momentum heading into next year.

The 10-year U.S. Treasury note's yield is expected to fall below historic lows of 2 percent in the first quarter of 2011 because of weak economic growth, Bank of America Merrill Lynch Global Research said on Wednesday.

(Additional reporting by Chuck Mikolajczak and Richard Leong; Editing by Padraic Cassidy)

Consumer confidence and home prices edge up


By Caroline Valetkevitch
10:51am EDT

NEW YORK (Reuters) - U.S. consumer confidence edged up in August while prices for U.S. homes gained more than expected in June, providing a little relief for those concerned about a slowdown in the economic recovery.

Another report on Tuesday, however, showed business activity in the U.S. Midwest registered a slowdown in August, and was just shy of the pace economists expected.

The Conference Board, an industry group, said its index of U.S. consumer attitudes rose to 53.5 in August from an upwardly revised 51.0 in July.

The median of forecasts from analysts polled by Reuters was for a reading of 50.5. Forecasts ranged from 47.5 to 55.0.

The rise came as a relief to investors following a slew of weaker-than-expected economic reports in recent weeks. High unemployment and weak consumer spending are seen among the biggest hurdles for the recovery.

"This small improvement is encouraging. It suggests that even though consumers remain in a glass-half-empty mood, sentiment isn't getting any worse," said Zach Pandl, economist at Nomura Securities International in New York.

"We wonder if this level of confidence will sustain if the labor market deteriorates as we suspect," he said.

U.S. stocks .SPX turned positive following the confidence data, while U.S. Treasury debt prices pared some gains and the U.S. dollar trimmed losses against the yen.

The government's key monthly jobs report is expected on Friday, with a Reuters poll showing economists expect non-farm payrolls declined by 100,000 in August and the unemployment rate rose slightly to 9.6 percent.

HOME PRICE RECOVERY SLOWS

Also among the day's more upbeat economic news, the S&P/Case Shiller composite index of 20 metropolitan areas rose 0.3 percent in June from May on a seasonally adjusted basis.

The rise was better than the 0.2 percent increase expected by economists polled by Reuters, though slower than the 0.5 percent rise in May.

However, the gain reflected the lingering boost from homebuyer tax credits that ended in April, and economists agree the effects of buyer tax credits have largely filtered through. They say home prices will be hard-pressed to sustain these gains with unemployment still near 10 percent.

Tuesday's data also showed the Institute for Supply Management-Chicago business barometer dropped to 56.7 in August. The reading was 62.3 in July, and economists had forecast an August reading of 57.

The employment component of the index fell to 55.5 from 56.6 in July. New orders fell to 55.0, from 64.6. A reading above 50 indicates expansion in the regional economy.

(Additional reporting by Lynn Adler, Ann Saphir, John ParryRodrigo Campos andWanfeng Zhou)

Saham AS Jatuh


Kompas - 11 menit lalu

NEW YORK, KOMPAS.com - Saham Amerika Serikat merosot pada Senin (30/8/2010) waktu setempat, setelah data pengeluaran  konsumen lemah dan menjelang data kunci pekan ini yang diperkirakan menunjukkan pemulihan ekonomi Amerika melambat.

Dow Jones Industrial Average turun 140,92 poin (1,39 persen) menjadi 10.009,73 pada penutupan perdagangan, sedangkan  indeks S&P 500 yang lebih luas kehilangan 15,67 poin (1,47 persen) menjadi 1.048,92.  Indeks komposit teknologi Nasdaq turun 33,66 poin (1,56 persen) menjadi 2.119,97.

Data Departemen Perdagangan Senin menunjukkan belanja konsumen naik 0,4 persen dan pendapatan naik 0,2 persen bulan lalu, sebagian besar sejalan dengan perkiraan. "Sebagian besar penurunan itu hanya karena angka pagi ini. Kami  punya beberapa angka pendapatan yang sangat mengecewakan, dan angka menunjukkan pengeluaran melampaui pendapatan," kata analis FTN Financial Lindsey Piegza.

Semua mata akan beralih ke rilis data pekerjaan bulanan pada Jumat, dengan sebagian analis memperkirakan  gaji non-pertanian turun 118.000 pada Agustus dan pengangguran naik tipis 9,6 persen dari tingkat 9,5 persen saat ini.

Belanja konsumen merupakan pendorong utama pertumbuhan ekonomi AS, biasanya mencatat untuk dua-pertiga dari output.

Wall Street telah "rally" pada Jumat setelah Ketua Federal Reserve Ben Bernanke menjamin bahwa bank sentral AS siap untuk bertindak jika perekonomian terhuyung-huyung.

Dalam pidato yang sangat diantisipasi, Bernanke mengatakan bahwa langkah lambat dari pemulihan ekonomi dan lapangan kerja AS lebih lemah dari yang diperkirakan dan berjanji melakukan langkah-langkah "tidak konvensional" untuk meningkatkan pertumbuhan jika prospek ekonomi "memburuk secara signifikan."

Dia tetap mengatakan bahwa prospek pertumbuhan AS naik pada 2011 tampaknya "tetap di tempat" meski ada pengurangan tajam dalam kecepatan  ekspansi ekonomi kuartal kedua.

TOKYO, Aug 30, 2010 (AFP) 
 The Bank of Japan is to hold an emergency policy meeting Monday amid speculation it will implement additional easing measures to help the economy, which is being battered by a strong yen.

"Today... the chairman of the Policy Board decided to call an unscheduled monetary policy meeting," the central bank said in a statement announcing the meeting, set to start at 9:00 am (0000 GMT).

The meeting comes as the government prepares to announce an outline of a new stimulus package on Tuesday with an appreciating yen seen harming the nation's fragile export-led recovery.

The BoJ policy meeting will "discuss monetary control matters based on recent economic and financial developments", the central bank said.

The yen last week hit 15-year highs against the dollar, threatening exporters as it makes their products relatively more expensive overseas while eroding repatriated profits.

Japan has long relied on its export sector for economic growth.

The country remains under pressure to safeguard its fragile recovery, with weak gross domestic product growth of an annualised 0.4 percent in the second quarter pointing to a looming slowdown.

Prime Minister Naoto Kan said Friday he would outline measures to counter the effects of the yen's strength this week and implied possible intervention by saying he would take "determined steps when necessary".

Media have speculated that the BoJ might expand its programme to provide funds to financial institutions at a 0.1 percent fixed rate for three months in a bid to counter the rapid rise of the yen and sliding stocks.

The central bank may lengthen the lending period for the funds to six months from the current three months and expand the programme's total funds to 30 trillion yen (350.55 billion dollars) from 20 trillion yen, media said.

Such measures, if effectively adopted, should help lower interest rates in the market place and bring down the yen.

Kan is also expected this week to meet BoJ governor Masaaki Shirakawa to discuss foreign exchange rates and measures to boost the economy.


Jumat, 27 Agustus 2010 | 07:21  oleh Agung Ardyatmo, AFP
KINERJA BURSA AS
Dow jatuh dibawah level psikologis

NEW YORK. Bursa Amerika jatuh dalam sesi perdagangan Kamis (26/8). Untuk pertama kalinya dalam dua bulan, indeks Dow ditutup dibawah level 10.000, seiring harapan adanya revisi pertumbuhan ekonomi AS.

Pada penutupan kemarin, Dow Jones Industrial Average (DJIA) turun 74,25 poin (0,74%) ke level 9.985,81, dibawah level psikologis 10.000, untuk pertama kalinya sejak 6 Juli lalu.

Penurunan juga dialami indeks S&P 500 yang anjlok 8,11 poin (0,77%) ke level 1.047,22, dan juga indeks Nasdaq yang turun 22,85 poin (1,07%) ke level 2.118,69.

Sebenarnya, indeks sempat menguat di pembukaan pagi hari, namun kekhawatiran masih belum pulihnya perekonomian AS membuat indeks turun kembali.

Investor sempat dibuat optimis dengan angka klaim tunjangan pengangguran yang membaik dalam satu minggu terakhir, lebih tinggi dari proyeksi pemerintah AS sebelumnya.

“Klaim tunjangan pengangguran memang lebih baik dari proyeksi awal, namun tetap saja hasilnya tidak baik,” cetus analis Wells Fargo Advisors Scott Marcouiller.



By Julie Cruz - Sep 13, 2010 3:36 PM GMT+0700

European stocks rose to a four- month high as regulators gave banks as long as eight years to meet new capital rules, while industrial output surged more than forecast in China. Asian shares and U.S. futures also gained.

HSBC Holdings Plc and Societe Generale SA led gains by the region’s banks. BHP Billiton Ltd. and Rio Tinto Group rose at least 1.5 percent as China’s industrial production rose 13.9 percent in August. Deutsche Postbank AG slumped 6.3 percent after Deutsche Bank AG said it will offer between 24 euros and 25 euros a share to increase its stake in the lender.

The Stoxx Europe 600 Index rallied 0.7 percent to 266.67 at 9:17 a.m. in London, its highest level since April 27. The measure has rallied 15 percent from this year’s low in May amid easing concern that efforts by European countries to tame their budget deficits may push the global economy back into a recession. Standard & Poor’s 500 Index futures gained 0.9 percent today, while the MSCI Asia Pacific Index climbed 1.4 percent to a four-month high.

“More certainty is always a good thing within equity markets and so we now have a better idea about how much capital is going to be raised,” said Lucy MacDonald, chief investment officer at RCM UK Ltd., which has about $130 billion in assets under management. “Within the market there’s a lot of value. We find it quite a favorable environment as long as you can deal with the volatility.”

The Stoxx 600 is trading at less than 16 times the reported earnings of its companies, near the cheapest valuation since 2008, according to data compiled by Bloomberg. About 56 percent of the companies on the benchmark gauge that have reported earnings for the second quarter posted net income that beat analysts’ estimates, Bloomberg data show.

Basel Committee

Regulators reached a compromise in Switzerland yesterday that more than doubles capital requirements for the world’s banks while giving them as long as eight years to comply.

The Basel Committee on Banking Supervision will require lenders to have common equity equal to at least 7 percent of assets, weighted according to their risk, including a 2.5 percent buffer to withstand future stress. Banks that fail to meet the buffer would be unable to pay dividends, though not forced to raise cash.

Chinese Growth

Industrial production in China rose the most in three months and retail sales and lending figures topped economists’ estimates, statistics bureau and central bank data released Sept. 11 in Beijing showed. Imports also accelerated, in another sign Chinese growth is picking up after a second-quarter moderation.

Concern that stocks will plunge has never been higher in global options markets, and that may mean it’s time to buy. Futures on the Chicago Board Options Exchange Volatility Index are pricing in a three-month gain of 31 percent and contracts based on swings in Europe and emerging-market equities have risen to near records, data compiled by Bloomberg show.

Five of the seven times the VIX gap widened this much, the Standard & Poor’s 500 Index rose 11 percent on average in the next six months. One exception was May 2008, two months after Bear Stearns Cos. collapsed and before a 40 percent drop.

European banking shares rose as much as 1.8 percent, among the best performers in the Stoxx 600. HSBC, Europe’s biggest bank, and Societe Generale led gains, advancing 1.1 percent to 668.9 pence and 3.3 percent to 45.37 euros, respectively.

Santander, Postbank

Banco Santander SA advanced 0.8 percent to 10 euros. Spain’s biggest bank agreed to pay 2.94 billion euros ($3.77 billion) for Allied Irish Banks Plc’s 70 percent stake in Polish lender Bank Zachodni WBK SA. Allied Irish surged 7.1 percent to 80 euro cents, the biggest advance in more than two months.

Consumer lender Postbank fell 6.3 percent 25.34 euros. Deutsche Bank, Germany’s biggest bank, plans to raise at least 9.8 billion euros in its biggest-ever share sale to take over Postbank and meet stricter capital rules. Deutsche Bank expects to offer between 24 euros and 25 euros a share in cash to Postbank stockholders to increase its 29.95 percent stake in the lender, the Frankfurt-based bank said yesterday.

Deutsche Bank shares slipped 0.6 percent to 47.42 euros, extending a 4.6 percent slump on Sept. 10.

BHP Billiton, the world’s biggest mining company, rallied 1.5 percent to 1,951 pence. Rio Tinto, the third-largest, increased 1.8 percent to 3,592 pence as copper, lead, nickel, tin and zinc rose on the London Metal Exchange.

Daimler, BAE

Daimler AG, the world’s second-biggest of luxury cars, rose 1.2 percent to 44.29 euros, a fifth day of gains for the longest winning streak since April. The stock was raised to “overweight” from “neutral” at HSBC Holdings Plc and also upgraded to “overweight” from “equal-weight” at Barclays Plc.

BAE Systems Plc gained 1.8 percent to 328.8 pence. Europe’s largest defense company’s plan to sell as much as $2 billion worth of U.S. aircraft and vehicle controls may help it focus on defense services and raise cash for potential purchases. BAE is seeking buyers for businesses that include hybrid propulsion systems for buses and trucks as well as flight controls used by Airbus SAS and Boeing Co., according to two people with knowledge of the plan.

Heidelberger Druckmaschinen AG sank 4.3 percent to 5.94 euros as the world’s largest maker of printing presses said it will sell shares to reduce debt and improve financing. The Heidelberg, Germany-based company will sell 155.3 million shares in an offer priced at 2.70 euros a share.Associated British Foods Plc fell 3.3 percent to 1,052 pence, the biggest drop in almost seven weeks. The company reported slowing sales growth at its Primark discount clothing chain in the second half of the year.

NEW YORK, Aug 31, 2010 (AFP) 
 US stocks were mostly flat Tuesday after a day of volatile trading influenced by a surprise improvement in consumer confidence and amid persistent US economic recovery concerns.

The Dow Jones Industrial Average rose 4.99 points (0.05 percent) to end at  10,014.72, after teetering below the 10,000-point threshold in the final hours of trading.

The broader S&P 500 index gained 0.41 points (0.04 percent) to 1,049.33, while the tech-rich Nasdaq composite index shed 5.94 points (0.28 percent) to 2,114.03.

Trade was jumpy throughout the day, marking gains after the release of the Conference Board's consumer confidence index, which rose unexpectedly in August to 53.5, beating most economists' forecast of 50.0.

The main stock indexes later slumped after minutes from the latest meeting of the Federal Reserve's top committee underscored concerns that the pace of the US economic recovery was slower than hoped for.

"Unfortunately... the Fed looks as though they are uncertain as to what they should be doing," Marc Pado, an analyst for Cantor Fitzgerald, told AFP.

"All these arguments result in an apparent confusion about what they should have done, it shows that they have very different opinions and that kind of uncertainty does not play well with the market.

"If you open the door to disagreement, then it creates more uncertainty and that is something the market does not like or want," he said.

The Standard and Poor's/Case-Shiller report released before the markets opened Tuesday showed home prices in 10 US cities rose by a slower pace of one percent in June.

Selasa, 24/08/2010 06:52:34 WIB Pelemahan Wall Street berlanjut Oleh: Bloomberg WASHINGTON: Indeks saham di AS turun untuk hari ketiga, menjadikan indeks Standard & Poor’s 500 mencapai titik terendah dalam lima minggu, sementara kekhawatiran berlanjutnya resesi membayangi spekulasi semakin cepatnya pengambilalihan. Harga saham Caterpillar Inc dan Cisco System Inc turun sedikitnya 2,5% menjadikan Dow Jones Industrial Average tertekan. Harga saham Hewlett-Packard Co melemah 2% setelah penawaran untuk membeli 3Par Inc, yang membuat harga saham perusahaan produsen perangkat lunak pengolah data tersebut naik 45%. Harga saham Potash Corp dari Saskatchewan Inc naik untuk hari keenam ditenggarai spekulasi produsen pupuk itu akan menerima tawaranan pengambilalihan yang lebih tinggi. Indeks S&P kemarin ditutup melemah 0,4% menjadi 1.067,36 pada pukul 18:00 waktu New York setelah menguat 0,9% dalam perdagangan sebelumnya. Indeks Dow Jones Industrial Average ditutup turun 32,91 poin atau 0,4% menjadi 10.174,41. "Tingginya tingkat ketakutan bahwa perusahaan akan membayarkan merger dan akuisisi mereka lebih tinggi.Investor mulai ragu akan merger ditambah keprihatinan akan ekonomi makro. Ditengah muramnya situasi saat ini, agak sulit meyakinkan investor untkuk melakukan pembelian, mereka sekarang defensif," ujar Said Sorrentino dari Hungtington Asset Advisors di Cincinnati. (T05/TW)


17/08/2010 - 21:38
Data Ritel Positif, Wall Street Dibuka Menguat
Asteria

INILAH.COM, New York – Bursa AS pada Selasa (17/8) dibuka menguat. Kinerja industri ritel utama yang positif, memberi alasan investor untuk fokus pada laporan korporasi, ketimbang variatifnya data-data ekonomi yang dirilis baru-baru ini.

Indeks Dow Jones naik 0,5% ke 10.357, dipimpin saham berbasis material dan komponen teknologi.Indeks komposit Nasdaq menguat 0,8% menjadi 2.199 dan indeks Standard & Poor’s 500 naik 0,7% ke 1.087.

Rilisnya data ekonomi di awal perdagangan yang variatif, menunjukkan adanya perbaikan, meski tidak didukung seluruh sektor. Data perumahan naik 1,7%, menjadi 546 ribu. Ini adalah tingkat tahunan yang disesuaikan secara musiman. Departemen Perdagangan mengatakan, kenaikan ini lebih tinggi 0,2% dari ekspektasi para ekonom.

Peningkatan ini didorong penjualan rumah groundbreakings sebanyak lima unit atau lebih. Sementara rumah keluarga tunggal mulai merosot 4,2% dan izin bangunan Juli turun 3,1% dengan laju tahunan 565 ribu.

Sedangkan harga produsen AS Juli naik untuk pertama kalinya dalam empat bulan, seiring kenaikan harga bahan baku. Indeks harga produsen naik 0,2% untuk barang jadi, sesuai ekspektasi. Terkait harga makanan dan energi yang volatile, pemerintah melaporkan, inflasi grosir naik 0,3%, mengalahkan ekspektasi kenaikan sebesar 0,1%.

The Fed mengatakan, produksi industri bulan lalu naik 1%, lebih tinggi ketimbang prediksi analis sebesar 0,7%. Pemanfaatakan kapasitas juga naik menjadi 74,8%, juga diatas estimasi.

Saham DuPont naik 2,1% dan Intel terangkat 1,9%, setelah data produksi industri dan pemanfaatkan kapasitas menunjukkan adanya perbaikan. Perusahaan berbasis konsumen juga naik setelah kinerja dari dua peritel raksasa memacu harapan bahwa belanja konsumen tidak stagnan seperti yang dikhawatirkan.

Saham Home Depot naik 1,6% setelah laba bersih kuartal dua meningkat 6,8%. Peritel perbaikan rumah juga mencatatkan kinerja tahunan yang membaik, meski harus ada sedikit perhatian pada penjualan.

Wal-Mart juga naik 1,3% setelah melaporkan kinerja kuartal dua naik 3,6% , menyusul penguatan kondisi global. Kenaikan ini di atas ekspektasi analis, meskipun penjualan di gerai jatuh utuk lima kuartal berturut-turut. Peritel terbesar dunia juga membukukan kinerja tahunan yang memuaskan.

Aug. 11, 2010, 4:28 p.m. EDT U.S. stocks slide as economic recovery questioned Widened trade deficit has economists revisiting economic-growth estimates By Kate Gibson, MarketWatch NEW YORK (MarketWatch) -- U.S. stocks were clobbered Wednesday, with the Dow industrials tallying their biggest single-day retreat since June 29, as the Federal Reserve's stimulus plan intensified worries about the economic recovery. "Unfortunately what the Fed was able to do yesterday was confirm our fears that we're in an economic soft patch, and that they're going to continue with monetary policy that we had in the past," said Art Hogan, chief market strategist at Jefferies & Co. Bringing it back into the loss column for the year, the Dow Jones Industrial Average (DOW:DJIA) declined 265.42 points, or 2.5%, to 10,378.83. Alcoa Inc. (NYSE:AA) led the blue-chip decline that extended to all 30 of the Dow's components, with shares of the aluminum manufacturer down 6.1%. Data on the domestic front and from overseas did not help bolster sentiment in a market that has for weeks veered between downbeat economic reports and positive corporate results. On Wednesday, that trend continued. Entertainment giant Walt Disney Co. (NYSE:DIS) beat top and bottom-line expectations in its third quarter report and retailer Macy's Inc. (NYSE:M) reported second-quarter earnings that topped estimates while hiking its 2010 outlook. Conversely, the market also took in reports showing a widening U.S. trade deficit that signaled the country's economy grew less than thought in the second quarter, while China reported a slowdown in factory production. The S&P 500 Index (MARKET:SPX) shed 31.59 points, or 2.8%, to 1,089.47, its first fall below 1,100 this month. Industrials weighed the most among the S&P's 10 industry groups, with Rockwell Automation Inc. (NYSE:ROK) and Textron Inc. (NYSE:TXT) among the hardest hit, the former off 7.1% and the latter 5.7%. "We are still in a correction mode," said Sam Stovall, chief investment strategist at Standard & Poor's Equity Research. The market fell 16% from April 23 until July 2, but has not gone back to the pre-correction level of 1,217 on the S&P 500 seen on April 23, Stovall noted. "So, we will remain in correction mode until we go into bear-market mode or until we go back to a recovery high," he added. Another observer said the see-sawing trade has left Wall Street at a virtual standstill. "When you look at the stock market this year, with all the gyrations and corrections, as of yesterday, we were pretty much flat on the year," said Paul Simon, chief investment officer at Tactical Allocation Group. The Nasdaq Composite Index (NASDAQ:COMP) fell 68.54 points, or 3%, to 2,208.63. Tech caught in downdraft Tech stocks echo the broader market's retreat, undone by fears of a stalled economic recovery. Cisco Systems' shares tumble despite upbeat expectations over the networking-equipment maker's quarterly report due after the bell. MarketWatch's Rex Crum reports. For every share gaining six fell on the New York Stock Exchange, where nearly 1.2 billion shares were exchanged. Composite volume topped 4.7 billion. Crude-oil futures ended at $78.02 a barrel, while gold futures closed just below $1,200 an ounce on the New York Mercantile Exchange. The U.S. dollar gained against the euro and most currency rivals, while Treasury prices climbed, pushing yields on 2-year notes to all-time lows. "The stronger dollar has weighed, as has general risk aversion in the aftermath of the Fed's unexpected policy shift on Tuesday," wrote analysts at Action Economics. As stocks thudded lower, the CBOE Volatility Index (MARKET:VIX) surged 13%, with the gauge of implied market volatility hitting its highest level this month. The Gap Ahead of Wall Street's open, the government said the U.S. trade deficit widened 19% in June to $49.9 billion, more than analysts' expected. U.S. economic growth from April through June was probably softer than first estimated, with gross domestic product likely to be revised down to 1.3% from 2.4% previously in the wake of the trade deficit report, according to a MarketWatch survey. The bigger-than-anticipated trade gap suggests second-quarter GDP "is indeed likely to be revised down closer to 1% or 1.5%," wrote Dan Greenhaus, chief economic strategist at Miller Tabak & Co., in a research note. The Fed on Tuesday afternoon said it would purchase long-term Treasury bonds in an effort to trim borrowing costs, with the central bank's stimulus plan seen as an indication the recovery is in worse shape than some thought.
Selasa, 10/08/2010 07:09:09 WIB

Spekulasi stimulus ekonomi angkat bursa Eropa

Oleh: Bloomberg
LONDON: Saham Eropa naik, mengantarkan Indeks Stoxx Europe 600 ke level yang lebih tinggi untuk pertama kalinya dalam tiga hari, di tengah spekulasi adanya kemungkinan the Fed mengumumkan kebijakan stimulus ekonomi lebih lanjut.

Sementara itu, BP Plc menanjak 1,7% terkait pernyataan perusahaan minyak ini bahwa sumur minyak Macondo akan ditutup selamanya pada bulan ini.

International Power Plc naik 3,7% setelah sejumlah orang yang menyatakan bahwa perusahaan ini semakin sepakat untuk menggabungkan aset dengan GDF Suez SA. Cie.de Saint-Gobain SA memotori kenaikan saham di sektor konstruksi ke level yang lebih tinggi.

Indeks Stoxx 600 naik 1,4% menjadi 262,26 pada sesi penutupan pukul 4.50 sore di London, terpicu oleh naiknya 19 kelompok industri.

Indeks acuan ini telah mengalami reli 66% sejak Maret 2009 lalu terkait aksi pemerintah dan sejumlah bank sentral di seluruh dunia yang mempertahankan suku bunga rendah dan berkomitmen menyediakan dana lebih dari US$12 triliun guna mendukung ekonomi. 

Sebuah laporan minggu lalu menunjukkan bawha perusahaan AS memperkerjakan lebih sedikit karyawan dari yang diperkirakan pada bulan Juli sehingga mengintensifkan perdebatan mengenai apakah para pembuat kebijakan the Fed akan mengambil langkah dalam memberikan stimulus lebih jauh dalam minggu ini.

Sebanyak 16 dari 18 indeks acuan nasional yang berada di bursa Eropa barat naik, seperti Indeks FTSE 100 Inggris dan Indeks DAX Jerman yang mengalami aksi reli 1,5%, serta Indeks CAC Perancis yang menanjak 1,7%.

Indeks Standard & Poor's 500 kembali mengalami penurunan terparah pada sesi akhir perdagangan tertanggal 6 Agustus terpacu oleh kemungkinan Federal Housing Administration akan menerima aplikasi untuk sebuah program guna membantu para peminjam melalui KPR. Indeks acuan AS ini masih ditutup pada level 0,4 yang lebih rendah dari yang diperkirakan dalam gaji perusahaan.

Komite kebijakan moneter the Fed, yang rencananya bertemu besok, kemungkinan akan kembali pada kebijakan pelonggaran moneter 'yang tidak konvensional' karena telah hilangnya momentum pemulihan ekonomi AS, ungkap Goldman Sachs Group Inc.

Mantan para menteri keuangan seperti Paul O'Neill dan Robert Rubin dalam sebuah wawancara di CNN bertajuk Fareed Zakaria GPS kemarin mengatakan AS akan merangkak naik secara perlahan-lahan dan hal lain yang berkaitan dengan kebijakan stimulus fiskal kemungkan tidak akan efektif. (t01/msw)
Market rises before Fed in quietest session of year Digg This Tweet This Share on LinkedIn Share on Facebook Related News Dollar gains as investors cautious before Fed meeting 4:20pm EDT European stock index futures signal strong rebound 2:08am EDT European stock index futures signal strong rebound 2:04am EDT Nikkei falls 1.1 pct after jobs report; yen weighs Sun, Aug 8 2010 Accuser of ex-HP CEO Hurd steps forward Sun, Aug 8 2010 Stocks Hewlett-Packard Company HPQ.N $42.60 -3.70-7.99% 2:00am GMT+0700 McDonald's Corporation MCD.N $72.92 +1.18+1.64% 2:01am GMT+0700 Research In Motion Ltd RIM.TO $56.80 +1.87+3.40% 2:10am GMT+0700 By Ryan Vlastelica NEW YORK | Mon Aug 9, 2010 4:29pm EDT (Reuters) - U.S. stocks rose on Monday in the quietest session of the year on speculation that the Federal Reserve would signal potential steps to boost the sluggish economic recovery. Volume was a mere 5.71 billion shares, compared with last year's estimated daily volume of 9.65 billion shares, as investors were wary of taking new positions before the Fed's statement on Tuesday. A selloff in shares of Hewlett-Packard limited the Dow's gains. In recent days the market has reacted to the possibility of additional action from the Fed to revive the economy. That talk intensified after Friday's weaker-than-expected jobs report for July. "We're expecting the Fed to officially lay the groundwork for a policy change predicated on another month of economic data," said Quincy Krosby, market strategist at Prudential Financial in Newark, New Jersey. "If they actually come out and say they're going to start a new plan tomorrow, it might actually spook the market into believing that things are much worse than we thought." The central bank could resume purchases of certain debt securities to lower interest rates to encourage borrowing. It could also halt payment of interest on banks' excess reserves to encourage lending. Stocks have generally reacted well on Fed days since the zero-interest rate policy was put in place in December 2008. The S&P 500 is up 85 percent of those days, with average gains of 1.18 percent, according to Bespoke Investment Group of Harrison, New York. But Bespoke wrote that because the Fed is expected to make changes in its comments, "trading following tomorrow's statement could prove to be more volatile than recent announcements." The Dow Jones industrial average .DJI was up 45.19 points, or 0.42 percent, at 10,698.75. The Standard & Poor's 500 Index .SPX was up 6.15 points, or 0.55 percent, at 1,127.79. The Nasdaq Composite Index .IXIC was up 17.22 points, or 0.75 percent, at 2,305.69. The U.S. central bank is expected to release its statement at 2:15 p.m. (1815 GMT) on Tuesday. Hewlett-Packard Co (HPQ.N) was by far the top drag on the Dow, tumbling 8 percent to $42.60 after Chief Executive Mark Hurd resigned late on Friday. The news of his resignation, following an investigation into sexual harassment charges by a female contractor, sent the company's shares down 10 percent in extended trade on Friday. Among rising stocks, McDonald's Corp (MCD.N) hit a lifetime high at $73.33 after it reported July sales data that was stronger than expected, though the stock later pared gains to end at $72.92, up 1.6 percent. "McDonald's sales could prove somewhat troubling in the future if consumers are still going for discounts rather than spending at higher-end places," said Paul Nolte, managing director at Dearborn Partners in Chicago. The Nasdaq got a boost from Research in Motion Ltd (RIM.TO)(RIMM.O), whose U.S.-listed shares rose 3.5 percent to $55.31. Earlier, a Saudi official said the BlackBerry maker and Saudi mobile firms were testing three servers to send communications and data through Saudi Arabia before Canada to address Riyadh's concerns over security. Goldman Sachs cut its year-end target for the S&P 500 index to 1,200 from 1,250, reflecting a lower U.S. growth forecast. "The weak GDP growth forecast and specter of deflation mean top-line sales increases will be hard to achieve," the firm wrote to clients. Advancing stocks outnumbered declining ones on the New York Stock Exchange by a ratio of about three-to-one. On the Nasdaq, about two stocks rose for every one that fell. (Reporting by Ryan Vlastelica; Editing by Kenneth Barry) NEW YORK, Aug 6, 2010 (AFP) Wall Street will keep a close eye on a key Federal Reserve policy meeting the coming week amid concerns the US economic recovery could stall following larger-than-expected job losses. US shares ended the week higher despite a market-jolting report Friday showing the economy shed more jobs than expected in July. Investors were concerned that economic growth, which resumed in the middle of last year after a brutal recession, could be derailed as unemployment remained at a high rate of 9.5 percent and as Americans keep their wallets tightly shut. With interest rates at virtually zero percent, analysts suggested the Federal Reserve rate-setting body's meeting Tuesday could consider other monetary policy-based stimulus. It includes action by the central bank to directly pump money into the economy again, like it did at the height of the financial crisis. "Investors may be anticipating an extension or expansion of the Fed's policy of quantitative easing, or massive purchases of Treasuries and other securities to provide further liquidity to the economy," said analyst Frederic Dickson at D.A. Davidson & Co. "The rumors of quantitative easing have been a good part of the recent rally in stocks, so if the data continue to come in relatively benign, and the Fed does nothing, it's hard to say that this rally will be sustained," cautioned Wells Fargo analyst Gina Martin. Despite persistent economic concerns, the Dow ended the week 1.8 percent higher on Friday at 10,653.56, the first time the blue-chip index closed above the 10,600 level since May 14. The tech-rich Nasdaq composite index was up 1.5 percent over the week at 2,288.47, while the broader S&P 500 index jumped 1.8 percent at 1,121.64. Aside from better-than-expected company earnings, investors were also buoyed by data earlier in the week showing business activity in the manufacturing and service sectors continuing to expand even as economic growth rates slowed this year. The markets are also expecting actions by President Barack Obama's administration to spur jobs and growth ahead of November midterm elections that could see his Democratic party lose control of Congress. "With the midterm elections rapidly approaching, Congress and the Obama Administration simply do not have the luxury of patience with regard to the sluggish pace of job creation," said analyst Philip Orlando at Federated Investors. If the next monthly jobs report to be released in September does not begin to show stark improvement in the labor market, then Washington needs to come back "with their fiscal guns blazing and orchestrate an across-the-board tax cut for all consumers and businesses for at least the next two years," he said. During the upcoming week, the markets are expected to hear economic news that have a more positive spin overall, analysts at IHS Global Insight said. For example, a government retail sales report for July could show sales modestly higher, they said. 
 NEW YORK, Aug 6, 2010 (AFP) Wall Street shares bounced back Friday from steep losses stemming from a weak jobs report that raised the specter of the US recovery stalling. The Dow Jones Industrial Average ended 21.42 points (0.20 percent) lower to 10,653.56 after tumbling by 160 points at one stage, following a government report that the economy shed more jobs than expected in July. The tech-rich Nasdaq composite index was down 4.59 points (0.20 percent) to 2,288.47, while the broader S&P 500 index fell 4.17 points (0.37 percent) at 1,121.64. Analysts said investors hunted for bargains before the market closed ahead of the weekend. "The major market indexes all tumbled to heavy losses by midday -- but the bulls proved their resilience by switching into bargain-hunting mode in afternoon trading," said analyst Elizabeth Harrow of Schaeffer's Investment Research. "As a result, stocks pared their losses into the close, and what could have been a catastrophic session wrapped up with remarkably unremarkable declines," she said. The Labor Department said early Friday that the US economy lost 131,000 jobs in July and the unemployment rate remained high at 9.5 percent, sparking a stock selloff. The addition of 71,000 private jobs to non-farm payrolls was not enough to make up for 143,000 temporary government jobs lost, the department said in a report. It was a "disappointing" report, which showed "about double the amount of jobs were shed from nonfarm payrolls and fewer private sector payrolls were added than anticipated, reopening some economic recovery wounds," analysts at Charles Schwab & Co said in a note to clients. Most analysts had expected July non-farm payrolls to fall by 87,000 and the unemployment rate to edge up to 9.6 percent. They also forecast the private sector to have created about 82,500 jobs in July. The monthly jobs report "does not provide much closure to the enduring slowdown concerns other than to reiterate the fact that we are stuck in a slow-growth environment," said analyst Kimberly DuBord at Briefing.com. Among gainers was food giant Kraft Foods, which rose 2.36 percent to 30.36 dollars after a 13 percent rise in its second-quarter earnings boosted by contributions from its recently-acquired Cadbury unit. Insurance giant AIG rose 2.58 percent to 40.93 dollars after its net income, excluding a writedown linked to the impending sale of a foreign business unit, rose to 1.34 billion dollars in the second quarter. Shares of Activision Blizzard slumped 6.47 percent to 10.99 dollars after the videogame publisher reported weaker-than-expected adjusted sales. Bonds rose. The yield on the 10-year US Treasury bond fell to 2.824 percent from 2.915 percent while that on the 30-year Treasury bond weakened to 4.002 percent from 4.065 percent. Bond yield and prices move in opposite directions.








03/08/2010 - 20:48
Manufaktur AS Bantu Bursa Asia
Vina Ramitha


(IST)

INILAH.COM, Singapura – Bursa Asia menguat di akhir perdagangan Selasa (3/8). Hal ini disebabkan data manufaktur AS yang di atas prediksi, serta membaiknya laporan keuangan HSBC.

Indeks komposit Morgan Stanley (MSCI) Asia Pasifik (APAC) menguat 0,8% 121,65, level tertingginya sejak 5 Mei lalu. Indeks ini terkoreksi 5,8% dari titik tertingginya sepanjang 2010, yang terjadi pada 15 April lalu.

Toyota Motor Corp. yang mendapatkan 28% penjualannya dari Amerika Utara, naik 1,1% di Tokyo. HSBC yang bank terbesar Eropa, naik 1,8% di Hong Kong. Mitsubishi Corp., trader komoditas terbesar Jepang dan Rio Tinto Group yang perusahaan tambang terbesar ketiga dunia, naik lebih dari 2%.

Kepala strategi multi-aset di Baring Asset Management (Asia) Ltd. Khiem Do berpendapat, keadaan tidak seburuk kelihatannya. Menurutnya rally masih bisa terus berlanjut. “Selama earning perusahaan ikut membaik,” ujarnya kepada Bloomberg.

Indeks Nikkei naik 1,3% di Jepang, Hang Seng di Hong Kong 0,2% dan Kospi di Seoul 0,5%. Sedangkan indeks komposit Shanghai turun 1,7% karena spekulasi kenaikan suku bunga kredit untuk meningkatkan cadangan bank sentral. Bursa Australia naik 0,7% dan indeks SET di Thailand menguat 0,2%.

Toyota naik 1,1% ke 3.140 yen di Tokyo. Produsen semikonduktor terbesar Asia, Samsung Electronics Co., naik 0,6% ke 815 ribu won di Seoul. Hynix Semiconductor Inc. yang 24% penjualannya di Amerika Utara, naik 1,6% ke 21.950 won.

MSCI APAC naik 5,6% sepanjang bulan Juli, yang terbanyak sejak Maret karena membaiknya proyeksi earning mengantarkan price earning ratio mencapai 14,4 kali. Berdasarkan data Bloomberg, 40% perusahaan di indeks ini melaporkan earning di atas estimasi analis.

Spekulasi AS yang akan mengalami resesi kedua dalam tiga tahun, menyebabkan indeks turun dari posisi tertingginya di bulan April. Perekonomian AS naik 2,4% pada kuartal kedua 2010 atau lebih lambat ketimbang kuartal pertama yang 3,7%.

Saham perbankan melaju setelah laporan keuangan HSBC. Laba sebelum pajak mencapai US$11,1 miliar atau di atas estimasi rata-rata 10 analis yang disurveiBloomberg. Kreditur terbesar Prancis, BNP Paribas SA, juga melaporkan laba yang di atas rata-rata.

HSBC naik 1,8% ke HK$82,50. Bank terbesar ketiga Jepang berdasarkan nilai asetnya, Sumitomo Mitsui Financial Group Inc., menguat 0,8% ke 2.686 yen. Mizuho Financial Group Inc., bank terbesar kedua Jepang, naik 1,4% ke 142 yen.

Saham produsen material dan perusahaan industri mengkontribusikan kenaikan terbesar di antara 10 kelompok industri yang terpantau MSCI APAC. Futures minyak mentah di New York naik 3% pada perdagangan kemarin, tembaga menguat 2,4%. Indeks London Metal Exchange naik 3%.

Mitsubishi Corp., perusahaan trading Jepang yang 40% revenue-nya dari komoditas, naik 4,7% ke 1.973 yen. BHP Billiton Ltd., perusahaan tambang terbesar dunia, naik 1,7% ke A$40,98. Sedangkan Rio Tinto menguat 2,6% ke A$73. Perusahaan tradingkomoditas terbesar kedua Jepang, Mitsui & Co., menguat 4,4% ke 1.158 yen. [ast/mdr]



Jumat, 09 Juli 2010 | 08:33
 
 
 JAKARTA. Pasar saham Amerika Serikat bergairah setelah angka pengangguran menurun. Indeks Dow Jones pun menguat dalam tiga hari terakhir kemarin.


Dpw Jones menguat 1,2% ke level 10.138,99. Sementara indeks Standard & Poor\'s 500 naik 0,94% ke level 1.070,25 dan Nasdaq Composite naik 0,74% ke level 2.175,40.

Penguatan bursa Wall Street setelah Departemen Tenaga Kerja Amerika Serikat melaporkan penurunan angka karyawan yang dipecat. Hal ini ditunjukkan dengan menurutnya angka klaim tunjangan pengganguran menjadi 454.000. Angka klaim ini lebih rendah dari perkiraan ekonom yang disurvei oleh Thomson Reuters yakni sebesar 465.000.

Selama ini investor mencemaskan tingginya angka pengganguran Amerika Serikat. Sebab, tingkat penggangguran ini akan merusak kepercayaan konsumen. Banyaknya pengangguran juga akan memperlemah daya beli masyarakat.

Hank Smith, Kepala Investasi Haverford Investments mengatakan laporan tenaga kerja ini mengingatkan kembali investor bahwa pemulihan ekonomi terus berlangsung sebab sebelumnya mereka mencemaskan akan terjadi krisis perekonomian lagi.



Edy Can kontan
 
Stocks Rally, Dow Surges Back Above 10,000 By Rita Nazareth and Kelly Bit - Jul 7, 2010 Stocks surged, sending U.S. benchmark indexes up the most since May, while the dollar and Treasuries slid as growth in American retail sales bolstered optimism in the earnings season and investors speculated European banks will pass stress tests. The Standard & Poor’s 500 Index extended a two-day rebound from a 10-month low, rallying 3.1 percent to 1,060.27 at 4 p.m. in New York for its best gain since May 27. The Stoxx Europe 600 Index climbed 1.4 percent as Spanish and Italian lenders surged. The Dollar Index lost 0.2 percent to a two-month low of 83.888 and 10-year Treasury yields rose six basis points to 2.99 percent. Oil climbed from a four-week low and copper jumped. Retailers advanced as the International Council of Shopping Centers said sales were growing at the fastest pace since 2006, easing concern that a slump in consumer confidence will undermine the economic recovery. Banks led the rally as State Street Corp. reported a profit and people with knowledge of the talks said European stress tests may assume a 17 percent loss on Greek bonds, half of the worst-case scenario estimated by JPMorgan Chase & Co. “The market is very oversold,” said Paul Zemsky, the New York-based head of asset allocation for ING Investment Management, which oversees $550 billion. “The improvement in retail sales numbers was enough to get some people back in. Over the next few weeks, we’ll probably get both economic and earnings data that will show that we’re not going to go back into recession.” Rebound After Slump The S&P 500 has tumbled 13 percent from its 2010 high in April amid a deceleration in the manufacturing and service industry expansion, a slow-to-recover job market and concern over Europe’s debt crisis and China’s steps to cool its economy. The gauge’s 14-day relative strength index, a measure of market momentum, fell to 30 on July 2, the day the S&P 500 closed at its lowest since September. An RSI of 30 often signals that stocks fell too far, too fast to analysts who study charts. The Dow Jones Industrial Average rose yesterday for the first time in eight days, snapping its longest losing streak since the financial crisis of 2008. Cisco Systems Inc., JPMorgan, American Express Co. and General Electric Co. surged more than 4.6 percent today to lead the 30-stock gauge to its first back-to-back advance in almost three weeks. The Dow surged 274.66 points, or 2.8 percent, to 10,018.28 for its first close above 10,000 this month. Profit for S&P 500 companies is projected to increase 34 percent in 2010, compared with the 27 percent estimated on March 29, according to more than 8,000 estimates compiled by Bloomberg. The Dow’s second-quarter earnings season starts next week when Alcoa Inc. reports on July 12. ‘Salivating a Bit’ A 5 percent slide last week pushed the S&P 500 to 12.5 times estimated earnings, the cheapest since March 2009 when the measure began an 80 percent rally. “Folks are perhaps salivating a bit about some of the prospects of earnings,” said Barry James, who manages $2 billion as chief executive officer at James Investment Research Inc. in Xenia, Ohio. “That combined with the fact that the market was down so much last week is offering an opportunity for the market to rebound this week.” All but one of 31 stock in an S&P 500 gauge of retailers advanced. Sales probably expanded at an average monthly rate of 4 percent in the first five months of the fiscal year that began Jan. 31, the biggest gain since 2006, the International Council of Shopping Centers trade group said before its June report tomorrow. Nordstrom Inc. and Kohl’s Corp. are among chains that will report June sales increases at stores open at least a year, according to analysts’ estimates. Two-Day Advance The MSCI World Index of 24 developed nations rallied 3.7 percent over the past two days, the most since May. Longer-term Treasuries fell as investors sold government securities before the U.S. announces the size of its note and bond sales scheduled for next week. Thirty-year bond yields rose eight basis points to 3.97 percent. Two-year yields were little changed near 0.63 percent after touching a record low of 0.5856 percent on June 30. Treasury Secretary Timothy F. Geithner said the U.S. economy is growing and healing from the damage caused by the 2008 financial crisis. “We still have a long way to go,” Geithner told Treasury Department employees at an appearance today in Washington with first lady Michelle Obama. “We still have a lot of challenges to meet. But we are coming back. We are healing the damage caused by the crisis. We are growing again.” Stress Tests The Stoxx 600 extended its two-day gain to 4 percent, its biggest since the end of May, as Spain’s Banco Santander SA, France’s BNP Paribas and London-based Barclays Plc led a 3.9 percent rally in the index’s bank shares. Benchmark indexes for Spain and Italy jumped more than 3.3 percent. The two people briefed on the European stress-test talks also said banks may assume a loss of 3 percent on Spanish bonds. There are unlikely to be so-called haircuts on German government securities under the evaluations being overseen by the Committee of European Banking Supervisors, said the people, who declined to be identified because the talks are private. JPMorgan had estimated losses of 10 percent to 20 percent on Spanish bonds, and haircuts of 0 percent to 10 percent on German bunds, according to a note to clients today. “The markets were ready for a rebound, all they needed was a trigger,” said London-based Mike Lenhoff, chief strategist at Brewin Dolphin Securities Ltd., whose parent company oversees $33 billion. “In this case, they are getting a trigger from the bank stress tests,” he said. “It may not be as strict but the fact of the matter is that it is being applied. It could help the inter-lending market and therefore the equity market too if it has any credibility attached to it.” Recovery Swaps Credit markets are pricing in losses of about 60 percent on Greek bonds should the government default. Derivatives known as recovery swaps are trading at rates that imply investors would get back about 40 percent in a Greek default or debt restructuring. The stress tests will be conducted on 91 companies that account for 65 percent of the region’s banking industry. They’ll examine whether the lenders can withstand a shrinking economy over two years and a drop in government bond values. Results of the tests will be disclosed July 23. Earlier declines in global stocks came after a report showed German factory orders unexpectedly fell in May, the first time in five months, as demand for goods from Europe’s largest economy waned across the 16-nation euro region. The MSCI Asia Pacific Index retreated 0.5 percent, its first drop in three days, after yesterday’s Institute for Supply Management report showed slower-than-estimated growth in U.S. service industries. Dollar, Euro The U.S. dollar weakened against 12 of 16 major counterparts, led by declines of at least 0.8 percent against the Brazilian real, Australian dollar and New Zealand dollar. The euro increased 0.2 percent $1.2650, near the highest level since May reached yesterday. Crude oil for August delivery gained for the first time in seven days, rising 2.9 percent to $74.07 a barrel in New York. Copper jumped 1.5 percent to $3.015 a pound in New York, extending its three-day gain to more than 5 percent. Wheat rose to the highest price since January after analysts lowered production estimates for Russia and France because of hot, dry weather. Wheat futures for September delivery rose 4.5 percent to $5.305 a bushel on the Chicago Board of Trade. Corn and soybeans rallied on speculation heavy rain will reduce yields in the U.S., the biggest exporter of both crops. A benchmark indicator of corporate credit risk in the U.S. fell for the fourth time in five business days, indicating improving investor confidence. Credit-default swaps on the Markit CDX North America Investment Grade Index, which investors use to hedge against losses on corporate debt or to speculate on creditworthiness, dropped 2.9 basis points to a mid-price of 118.8 basis points as of 1:54 p.m. in New York, the lowest since June 28, according to Markit Group Ltd.
HONG KONG, July 6, 2010 (AFP) 
 Sluggish Asia-Pacific markets showed signs of reviving on Tuesday led by a rebound in Shanghai, with Sydney also boosted by a central bank decision to keep interest rates unchanged.

Shanghai's Composite Index gained 1.71 percent by the afternoon after hitting a 15-month low the day before, with banks and property developers rising on bargain-hunting, dealers said. The index was up 40.41 points at 2,404.36.

"It's just a technical rebound and we still hold a cautious view about the market in the medium-run," CSC International analyst Amy Lin told Dow Jones Newswires.

Japan's Nikkei Index closed up 0.77 percent, or 71.26 points, at 9,338.04, recovering from a seven-month intra-day low thanks to bargain buying. The Topix index of first-section shares jumped 1.24 percent.

Traders had been unsettled by a strengthening yen -- a blow to the crucial export sector -- after data showed a dramatic expansion in China's buying of Japanese bonds.

China bought a net 541 billion yen (6.2 billion dollars) of mostly short-term issues in the first four months, more than double the 253.8 billion yen for all of 2005, the current full-year record, Japanese data showed.

"It might be better to turn bullish now since it looks like the index has hit its near-term bottom," said Hideki Horikawa, chief analyst at Himawari Securities.

The yen was changing hands in Tokyo at 87.66 to the dollar from 87.76 in London late Monday and 109.97 to the euro from 109.95, still holding firm but weaker than in the morning. The euro edged up to 1.2545 dollars in Tokyo from 1.2531 in London.

Hong Kong was up 0.21 percent by lunch led by mainland heavyweights such as Citic Pacific, China Resources Land and Chalco, snapping a four-day losing streak.

The benchmark Hang Seng Index rose 42.05 points to 19,884.25 but turnover was modest at 24.36 billion Hong Kong dollars (3.13 billion US), reflecting subdued markets across the region after the US Independence Day holiday.

Sydney's S&P/ASX200 index closed up 1.28 percent, or 54 points, at 4,276.1, tracking Shanghai's rise and also boosted by the Reserve Bank of Australia's decision to keep interest rates on hold for a second month running in view of global economic worries.

All four major Australian banks gained more than two percent following the announcement. Bell Potter Securities analyst Stuart Smith said it was "time for the young bull" on the oversold Australian market.

Singapore's Straits Times Index edged up 0.13 percent, 3.63 points, to 2,847.65.

Oil fell to fresh one-month lows, with New York's main contract, light sweet crude for delivery in August, shedding 15 cents to 71.99 dollars a barrel in the afternoon.

Brent North Sea crude for August delivery fell five cents to 71.42 dollars.

Gold opened at 1,203.50-1,204.50 US dollars an ounce in Hong Kong, down from Monday's close of 1,211.00-1,212.00 dollars.

In other markets:

-- Manila closed up 0.72 percent, lifted by a lower-than-expected figure for year-on-year inflation in June of 3.9 percent, the lowest level in seven months. The composite index gained 23.97 points to close at 3,335.71 points.

Top-traded Philippine Long Distance Telephone Co. gained 0.20 percent to 2,405 pesos while Energy Development Corp. was up 3.30 percent at 4.70 pesos.

DMCI Holdings rose 2.94 percent to 17.50 pesos while Aboitiz Power Corp. was unchanged at 18.25 pesos.

-- Seoul closed 0.57 percent higher, with the benchmark KOSPI gaining 9.57 points to reach 1,684.94.

-- Taipei rose 1.46 percent, or 108.52 points, to 7,548.48.

Taiwan Semiconductor Manufacturing Co closed 2.57 percent higher at 59.9 while Cathay Financial Holdings rose 2.63 percent at 48.75.

-- Wellington closed 0.17 percent higher after a late rise in tandem with the Australian market. The benchmark NZX-50 index rose 5.06 points to 2,952.40.

Among the leaders, Telecom rose a cent to 1.83 dollars, Fletcher Building added three cents to 7.63, and Contact Energy gained a cent to 5.83. 

burs-njc/ft
Senin, 05/07/2010 09:05:05 WIB Saham-saham di bursa Asia bergairah Oleh: Bloomberg SINGAPURA (Bloomberg): Bursa Asia menanjak, menyeret indeks MSCI Asia Pasifik ke level lebih tinggi untuk pertama kalinya dalam lima hari. Kenaikan bursa Asia dipicu oleh berita akuisisi di Australia dan nilai tukar yen yang lebih rendah berhasil mendorong prediksi bagi eksportir Jepang. Saham Centennial Coal Co melambung 34% di Sydney setelah Banpu Pcl setuju untuk membeli 80% saham Centennial yang belum mereka miliki. Saham CSR Ltd, pabrikan bahan bangunan kedua terbesar di Australia, menanjak 3,2% setelah setuju untuk menjual unit bisnis gula, Sucrogen kepada Wilmar International Ltd sebesar A$1,75 miliar (US$1,5 miliar). Saham Canon Inc, pabrikan kamera terbesar di dunia, menguat 1,2% menyusul melemahnya nilai tukar yen terhadap euro. Indeks MSCI Asia Pasifik, menanjak 0,4% pada level 112,09 pada pukul 10:15 a.m di Tokyo. Indeks acuan ini telah anjlok 13% dari level tinggi tahun ini pada 15 April menyusul kekhawatiran mengenai krisis Eropa dan langkah China yang akan menekan harga property justru akan mengganggu pertumbuhan ekonomi global. Indeks Jepang Nikkei 225 Stock Average menguat 0,2% karena nilai tukar yen yang lebih rendah berhasil mendorong pendapatan luar negeri perusahaan Jepang ketika pendapatan ini dikonversikan. Indeks Asutralia S&P/ASX 200 dan indeks New Zealand NZX 50 menguat 0,4%. Sementara indeks Kospi, Korsel sedikit berubah. Saham berjangka pada indeks Standard & Poor 500 menanjak 0,2%. Indeks acuan ini melemah 0,5% pada 2 Juli setelah pemerintah AS melaporkan jatuhnya tingkat pekerjaan sebesar 125.000 bulan lalu, penurunan pertama tahun ini serta jumlah pemesanan pabrikan yang turun. Indeks MSCI Asia Pasifik jatuh 3,4% pekan lalu menyusul melemahnya pertumbuhan sektor manufaktur di AS, Eropa, dan China berhadil menambahkan indikasi bahwa pemulihan ekonomi global melambat. Saham dari perusahaan yang terdaftar pada indeks acuan diperdagangkan 13,6 kali estimasi pendapatan, terendah sejak Desember 2008. (htr)


NEW YORK, July 1, 2010 (AFP) 
 US stocks fell Thursday, amid a slew of negative economic news, including a report showing new claims for US unemployment benefits jumped more than expected last week.

After spending much of the day deep in negative territory, stocks recouped some losses in late trades. The blue-chip Dow Jones Industrial Average fell 41.49 points (0.42 percent) to 9,732.53, the sixth consecutive day of losses.

The tech-rich Nasdaq index dropped 7.88 points (0.37 percent) to 2,101.36 and the broad-market S&P 500 index lost 3.34 points (0.32 percent) at 1,027.37.

Before the opening bell the Labor Department said initial claims for jobless benefits rose to 472,000 in the week ending June 26, an increase of 13,000 from the previous week.

"Initial claims have moved broadly sideways since the beginning of this year, suggesting that despite a pick-up in hiring, as suggested by the monthly employment reports, firings remain elevated," said Theresa Chen of Barclays Capital.

Adding to the ill feeling, pending US home sales fell off a cliff in May after the expiration of a deadline to obtain a government homebuyer tax credit, an industry group said.

The National Association of Realtors said its pending home sales index tumbled 30.0 percent to 77.6 based on contracts signed in May. The index had climbed for three months in a row in April, when it hit 110.9.

Meanwhile the US manufacturing sector grew for the 11th consecutive month in June, but at a slower clip than expected, an industry survey said Thursday.

"The manufacturing sector continued to grow during June; however, the rate of growth... slowed when compared to May," said Norbert Or of the Institute of Supply Management (ISM).

The financial sector was among the worst hit, with Bank of America losing 2.4 percent and JPMorgan Chase and Wells Fargo both down over one percent.

The bond market was mixed. The yield on the 10-year US Treasury bond rose slightly to 2.949 percent from 2.951 percent on Wednesday while that on the 30-year bond fell to 3.895 percent from 3.909 percent. Bond yields and prices move in opposite direction.

Kamis, 01/07/2010 07:55:06 WIB

Bursa AS tertekan peringatan Moody's

Oleh: Bloomberg
NEW YORK (Bloomberg): Bursa saham AS merosot, memperpanjang penurunan kuartalan pertama Standard & Poor's 500 Index selama lebih dari setahun, menyusul peringatan Moody's Investors Service yang akan menurunkan peringkat Spanyol. 

Saham Alcoa Inc, Walt Disney Co, dan Hewlett-Packard Co turun sedikitnya 2,3% mempelopori penurunan Dow Jones Industrial Average. Moody's menyatakan peringkat Aaa Spanyol dalam bahaya. Saham General Mills Inc merosot 3,7% setelah perkiraan target laba pada tahun yang berakhir Mei 2011 ternyata di bawah estimasi para analis. 

S&P 500 turun 1% menjadi 1.030,71 pada pukul 16:00 di New York. Indeks itu merosot 12% sejak 31 Maret, menghentikan kenaikan empat kuartal yang mendorong indeks acuan AS melonjak 47%.

Dow merosot 96,28 poin atau 1% menjadi 9.774,02 kemarin, membawa penurunan selama kuartal II sebesar 10%. Nasdaq 100, yang 63% nilainya mencakup perusahaan teknologi, anjlok untuk delapan hari berturut-turut, penurunan terlama sejak 2006. 

"Kita menjadi pesimis ketika kuartal berakhir. Pasar terus mengkhawatirkan masalah ekonomi yang melambat dan kemunduran global yang disoroti dengan kemungkinan penurunan rating Spanyol dan data tenaga kerja," ujar Wayne Wilbanks, chief investment officer Wilbanks, Smith & Thomas di Norfolk, Virginia, yang mengelola US$1,5 miliar.

ADP Employer Services menyebutkan perusahaan di AS menambah pekerja lebih sedikit selama Juni dibandingkan dengan estimasi. Saham sempat mengalami peningkatan setelah pinjaman yang diberikan oleh European Central Bank kepada perbankan lebih kecil dari perkiraan para ekonom. Hal ini menimbulkan spekulasi industri ini lebih kuat dari pada yang diduga.

Indeks S&P 500 mengalami kenaikan karena barometer bisnis dari Institute for Supply Management-Chicago Inc menunjukkan manufaktur tengah mengatasi kekacauan dalam pasar finansial. 

Kenaikan kemarin terhenti setelah perusahaan di AS menambah pekerja lebih sedikit pada Juni daripada yang diperkirakan, menurut data dari laporan swasta yang berdasarkan pada pembayaran gaji.

ADP Employer Services melaporkan kenaikan jumlah pekerja sebanyak 13.000 mengoreksi kenaikan 57.000 dari bulan sebelumnya. Berdasarkan estimasi median para ekonom yang disurvei Bloomberg News kenaikan tingkat pekerjaan sebesar 60.000. 

Menurut para ekonom, data ADP dikeluarkan saat investor menantikan laporan Departemen Tenaga Kerja pada 2 Juli. (t04/yn)
June 29, 2010

U.S. Stocks Drop on New Jitters About Global Growth

By CHRISTINE HAUSER

This looks like a long, hot summer for Wall Street.

Fears that the global economy will worsen gripped the financial markets again Tuesday. Downbeat economic news that investors might have shrugged off in calmer times sent the broad stock market tumbling to its lowest level this year.

The Standard & Poor’s 500-stock index sank 3.1 percent. Amid the sell-off, anxious investors fled for traditional havens like United States Treasury securities.

But it was really just another bad day in a bad month, a bad quarter, a bad year. With 2010 now almost half over, stock investors are glumly tallying their losses — and wondering when this pain will stop. Tuesday’s swoon left the S.& P. 500 down nearly 7 percent this year.

Given that showing, some analysts are already writing off 2010 as a lost year. The stock market is now mired in a deepening correction — a sort of mini-bear market typically characterized by a 10 percent decline over a short period. The question on everyone’s mind is whether this correction will grow into a full-blown bear market. Since late April, when the market reached its high for the year, the S.& P. 500 has lost 14.5 percent. A 20 percent decline would signal a bear market is here.

The immediate catalyst for Tuesday’s slide was running concern that the hot Chinese economy might go cold. Glum news about American consumers added to the unease.

But investors have plenty of other things to worry about, too, perhaps none more pressing than the fragile state of the economy in the United States and the simmering financial crisis in Europe. This year has already been full of surprises. The economic collapse in Greece, the battles over financial regulation in Washington, the harrowing “flash crash,” the oil spill in the Gulf of Mexico — all of this has frayed the nerves of Wall Street professionals and workaday investors alike.

The exuberance of 2009 — when a remarkable 23 percent rally seemed to bind up some of the wounds from the financial crisis — has long since faded. It has been replaced by a sense of economic uncertainty that many cannot quite seem to shake. In this atmosphere, just about the only thing the experts agree on is that this roller-coaster ride isn’t over yet.

“We have come through one of the worst downturns in most peoples’ investment lifetimes,” said Stephen F. Auth, chief investment officer at Federated Investors. “The market and the economy both pretty much crashed, and that was a searing experience for most people. So I think investor sentiment and psychology is very fragile.”

There have been few places to hide in the markets lately. Stocks, bonds and commodities are making big moves. A decline in Asia, as happened on Tuesday, quickly spills over to Europe and then the United States.

Peter Cardillo, the chief market economist for Avalon Partners, said the storm clouds that began to gather in the first quarter built into a thunderhead in the last few months. “Sovereign debt was present before the second quarter but the climax of it, the depth of it, actually exploded in the second quarter,” he said. “We did have a very dramatic market during the second quarter.”

According to Howard Silverblatt, the senior index analyst for Standard & Poor’s, as the broad stock market has declined, six S.& P. stock indexes that track particular sectors of the market have fallen 15 to 19 percent — nearly bear market territory. “So the question is: if new money doesn’t come in for bargains, should we set a place for the Bear at the Fourth of July barbecue?” Mr. Silverblatt wrote in a statement.

On Tuesday, the Dow Jones industrial average ended down 268.22 points, or 2.65 percent, at 9,870.30. The S.& P. 500 fell 33.33 points, or 3.10 percent, to 1,041.24, and the Nasdaq composite index fell 85.47 points, or 3.85 percent, to 2, 135.18.

Earlier Tuesday, the Conference Board reported that its consumer confidence index this month fell to 52.9, a decline of nearly 10 points. And the Standard & Poor’s/Case-Shillerindex of home prices posted just a slight rise in April, providing no signs of a sustained housing recovery.

All 30 of the stocks in the Dow industrials were lower. Boeing fell $4.26, or 6 percent, to $63.04 a share. Caterpillar was down $3.55, also 6 percent, at $60.85. Microsoft fell 99 cents, or 4 percent, to $23.32.

BP, whose shares have fallen more than 50 percent since the April 20 explosion of its Deepwater Horizon rig, actually bucked the trend. Its stock rose 2 percent.

With stocks in distress, investors rushed to the relative safety of bonds. The yield on the benchmark 10-year Treasury note fell to 2.95 percent, from 3.02 percent late Monday. It was the first time since April 2009 that yields had fallen below 3 percent. The price rose 19/32, to 104 22/32.

“I think it all goes back to this deflation trend that seems to be taking place,” said Tom di Galoma, the United States head of fixed-income rates trading at Guggenheim Partners. “The economic slowdown has created this deflationary environment and they don’t see how to get out of it,” he said, referring to investors.

The economic uncertainty pushed oil lower. The spot price for crude oil dropped $2.31, to $75.94 a barrel. Gold rose, with spot prices gaining $1.70, to $1,240.65.

Some analysts pinned their hopes for improvement on the coming corporate earnings season, or at least some prospect for economic growth in the second half of the year.

Sam Stovall, the chief investment strategist for Standard & Poor’s Equity Research, said investors were worried by financial reform and the environmental impact of the gulf spill, among other troubles. Hanging over all of this is the risk, however remote, that the American economy will stall again in a double-dip recession.

“What people are now worried about is whether this correction will morph into a bear market,” Mr. Stovall said. “If history is any guide it doesn’t look all that great.”

David Jolly contributed reporting.
29/06/2010 - 20:34
China Seret Bursa Asia Lagi
Vina Ramitha

INILAH.COM, Sydney – Kekhawatiran China kembali menyeret bursa Asia pada akhir perdagangan Selasa (29/6). Kecepatan pemulihan ekonomi Negeri Tirai Bambu dianggap mengkhawatirkan.

Indeks Komposit Morgan Stanley Asia Pasifik (MSCI APAC) terkoreksi 1,6% ke 113,83 di Tokyo, penurunan terbesarnya sejak 7 Juni lalu. MSCI APAC melemah hingga 12% dari titik tertingginya tahun ini pada 15 April lalu karena krisis Eropa dan pengetatan likuiditas China.

Indeks komposit Shanghai di China turun 4,3%, terbanyak sejak 17 Mei dan bursa Hang Seng di Hong Kong turun 2,3%. Bursa Nikkei di Jepang turun 1,3% meski sempat menguat 0,7% karena dolar AS melemah. Bursa Kospi di Seoul terkoreksi 1,4% dan Australia 0,9%.

China Minsheng Banking Corp. dan Angang Steel Co. terkoreksi setidaknya 4% di Shanghai. Pengeksplorasi terbesar Jepang, Inpex Corp merosot 3,8% karena turunnya harga minyak mentah. Canon Inc produsen elektronik yang 80% pemasukannya di luar Jepang juga melemah 2,7%.

Analis Mizuho Asset Management Co Yoshihisa Okamoto berpendapat, perlambatan pemulihan ekonomi China merupakan dampak dari kebijakan negara tersebut untuk meredam pertumbuhan ekonomi. “Investor khawatir China akan terus melanjutkan kebijakan moneternya,” ungkapnya kepada Bloomberg.

Kekhawatiran global menyeret harga price earning ratio (PER) MSCI APAC menjadi 14,1 kali, dibandingkan 24 kali setahun lalu. Laporan pemerintah Jepang menunjukkan, belanja industri dan rumah tangga turun per Mei. Tingkat pengangguran naik, pertanda pemulihan ekonomi mulai berjalan lambat.

Jason The, analis Investors Mutual Ltd. Sydney berkata, pasar melambat untuk mencerna dampak dari ketidakpastian makro selama beberapa pekan terakhir. “Mungkin investor menyadari, masih banyak pengaruh,” ujarnya.

Minsheng Banking, BUMN perbankan pertama China, turun 4,4% ke 6,07 yuan. Angang Steel melemah 4,7% ke 7,28 yuan. Hitachi Construction Machinery Co., yang pasar terbesarnya di China juga merosot 2,2% ke 1.688 yen di Tokyo, setelah sempat rally1,6%.

Pemerintah China sedang mencari cara untuk mempertahankan pertumbuhan. Pada saat bersamaan, juga meredam harga properti yang terus melambung. Sebab ada kekhawatiran inflasi makin cepat membengkak. Indeks komposit Shanghai turun 26% sepanjang tahun ini, terbesar di antara 93 indeks utama yang dipantau Bloomberg.

Perdagangan minyak berjangka di New York turun di hari keduanya, setelah terkoreksi 0,8% kemarin. Produsen migas terbesar kedua di Australia, Woodside Petroleum Ltd., melemah 1,6% ke A$42,57.

Canon turun 2,7% ke 3.395 yen karena penguatan mata uang Jepang itu mengganggu prediksi earning positif. Honda Motor Co, produsen otomotif terbesar kedua Jepang, turun 1,3% ke 2.647 yen. Sebelumnya sempat naik 0,9%. Yen menguat terhadap dolar AS dan membuat khawatir karena mengurangi nilai repatriasi perusahaan Jepang di luar negeri.

“Pasar saham dan valas sedang memasuki spiral negatif,” kata analis Sumitomo Trust & Banking Co. di Tokyo, Ayako Sera. Sementara saham Nippon Telegraph & Telephone Co. naik 1% ke 3.660 yen. Unit NTT Finance Corp. perusahaan itu memposting laba pertamanya dalam tiga tahun terakhir. [mdr]

28 juni 2010: 
DJIA Jumat minggu lalu turun 8 poin atau 0,09% ditutup pada 10,143.  2 (dua) hal utama di Wall Street, Jumat minggu lalu berhasil menyangga pasar dari kejatuhan yang terjadi pada awal sesi, sehingga sesi sore DJIA kemarin sempat berada pada teritori hijua dan ditutup hanya turun tipis.  Pertama, telah terjadi kesepakatan antara pemerintah dan parlemen Amerika sehubungan dengan UU Keuangan yang akan disahkan dalam minggu-minggu mendatang.  Terkandung dalam UU tersebut adalah perbankan dilarangnya perbankan masuk dalam transaksi rumit yang sangat berisiko, tapi, masih diijinkan untuk partisipasi dalam transaksi Hedge Fund dan Private Equity.  Walaupun belum bisa dijelaskan secara konkrit dampak dari UU Keuangan baru ini, namun kesepakatan yang terjadi bisa mengurangi ketidak pastian yang terjadi di Wall Street, menurut pengamat. Kedua, data GDP 1Q10, pada 2,7%, sesuai dengan estimasi konsensus.

Minggu ini pasar saham Amerika diperkirakan akan kembali digerakkan oleh rilis data ekonomi domestik, data Initial Claim hari Kamis malam, dan Unemployment Rate pada Jumat malam, bisa menjadi fokus gerakan indeks DJIA.  Namun demikian, dibelahan Euro Zone (yang terbukti bisa mempengaruhi gerak pasar saham Amerika, dan Indonesia), dikabarkan sejumlah EUR442 miliar akan jatuh tempo dan dikabarkan juga bahwa likuiditas ECB tidak bisa memenuhi kewajiban ini.  Jika hal ini benar,  tentu ini akan menimbulkan gejolak di pasar uang dengan meningkatnya suku bunga, dan tentu akan menggoyang pasar saham.  Dengan skenario diatas, menurut kami,  bisa memicu DJI kembali ketingkatan dibawah 10,000 pada kisaran support 9,950.


Market sinks on fragile recovery fears 5:15pm EDT By Ryan Vlastelica NEW YORK (Reuters) - The S&P 500 fell for the fourth straight day on Thursday as fresh signs of consumer weakness and worries about stringent financial regulation provoked investors to unload positions. The S&P 500 has lost 3.8 percent in four days, with retailers among the biggest decliners a day after discouraging outlooks from Bed Bath & Beyond (BBBY.O: Quote, Profile, Research, Stock Buzz) and athletic apparel maker Nike Inc (NKE.N: Quote, Profile, Research, Stock Buzz). Nike shares were down 4 percent at $69.95 while Bed Bath & Beyond slumped 5.7 percent to $39.07. The S&P Retail index slid 2.8 percent. "People's general focus is on how fragile the recovery is, and recent data points are giving fodder to the double-dip camp," said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia. Banks were pressured by fears Congress would pass stringent rules in an overhaul of financial regulations. Lawmakers were on the verge of adopting a bill that could restrict banks' trading and investment activities, crimping their profits. JPMorgan Chase & Co (JPM.N: Quote, Profile, Research, Stock Buzz) fell 2.2 percent to $38.03 while Bank of America Corp (BAC.N: Quote, Profile, Research, Stock Buzz) was off 2.7 percent at $15.02. The KBW Bank index lost 2.2 percent. "We don't know how oppressive the rules could be, and the market hates that uncertainty." said Rob Stein, managing partner at Astor Asset Management in Chicago. The Dow Jones industrial average .DJI dropped 145.64 points, or 1.41 percent, to 10,152.80. The Standard & Poor's 500 Index .SPX fell 18.35 points, or 1.68 percent, to 1,073.70. The Nasdaq Composite Index .IXIC lost 36.81 points, or 1.63 percent, to 2,217.42. A drop in initial jobless claims and a rise in a gauge of long-lasting manufactured goods failed to offset recent weak economic data, and the Federal Reserve on Wednesday gave a subdued assessment about the economy's recovery. Chipmakers as measured by the Philadelphia semiconductor index were off 2.9 percent. Six semiconductor companies, including Micron Technology Inc (MU.O: Quote, Profile, Research, Stock Buzz) have agreed to pay $173 million to settle U.S. antitrust lawsuits accusing them of conspiring to keep computer chip prices artificially high. Micron shares fell 2 percent to $9.62. Computer maker Dell Inc (DELL.O: Quote, Profile, Research, Stock Buzz) fell 6.4 percent to $12.93. The company said it was focused on improving profitability and diversifying, but investors expressed doubts about the company's turnaround plan. Oracle Corp (ORCL.O: Quote, Profile, Research, Stock Buzz) rose 3.9 percent to $23.08 in extended trading on Thursday after it reported adjusted fourth-quarter earnings that beat expectations. U.S.-listed shares of BlackBerry maker Research in Motion Ltd (RIM.TO: Quote, Profile, Research, Stock Buzz)(RIMM.O: Quote, Profile, Research, Stock Buzz) fell 4.7 percent to $55.80 after the closing bell as shipments and subscriber growth fell short of expectations in the first quarter. The S&P Energy index fell 2 percent while U.S.-listed shares of BP Plc (BP.N: Quote, Profile, Research, Stock Buzz) dropped 3.1 percent to $28.74 and hit a 52-week low in intraday trading. In bearish technical signs, the S&P fell below its 14-day moving average and breached the 1,083 level, a key retracement of the slide from its 2010 high in April to the year's low on May 25. Some expected stocks to rebound after a few days in which the market fell on higher volume, a sign of institutional selling known as distribution days. "Usually in good markets, with a few good distribution days you get a strong reversal, and we're not seeing it," said Steven Wolf, managing director of investments at Source Capital Group in Westport, Connecticut. "It's almost like the market has started to give up." Pfizer Inc (PFE.N: Quote, Profile, Research, Stock Buzz) fell 2.8 percent to $14.46 after it suspended clinical trials of its experimental arthritis drug. On the upside, Hasbro Inc (HAS.N: Quote, Profile, Research, Stock Buzz) gained 4.9 percent to $43.14 after a news report that the toy company was in negotiations for a possible leveraged buyout, a report the company denied. About 8.65 billion shares traded on the New York Stock Exchange, the American Stock Exchange and Nasdaq, well below last year's estimated daily average of 9.65 billion. Declining stocks outnumbered advancing ones on both the NYSE and Nasdaq by a ratio of more than 3 to 1. (Reporting by Ryan Vlastelica; Editing by Kenneth Barry) Selasa, 22/06/2010 23:02:11 WIB Diluar dugaan, penjualan existing homes AS turun Oleh: Antara WASHINGTON (Antara): Penjualan existing homes (rumah yang sebelumnya telah dimiliki atau rumah yang sudah dibangun sebelumnya selama satu bulan atau dikenal juga dengan home resales/rumah bekas) di Amerika Serikat turun 2,2% pada Mei, kelompok industri mengatakan hari ini. Penurunan penjualan itu mengejutkan para analis yang memperkiran penjualan existing-home meningkat didukung penghentian sementara pajak. National Association of Realtors (NAR) mengatakan bahwa penjualan existing-home turun ke tingkat tahunan 5,66 juta unit, dari revisi naik melonjak 5,79 juta unit pada April. Rata-rata perkiraan analis melihat penjualan meningkat menjadi 6,10 juta unit karena pembeli rumah bergegas untuk menutup kontrak di bawah program insentif pajak federal. Kelompok Realtors mengatakan penjualan tetap pada tingkat tinggi pada Mei di tengan tanggapan pembeli terhadap pajak kredit, ditandai dengan stabilnya harga rumah dan tingkat suku bunga hipotek terendah dalam sejarah. Penjualan Mei adalah 19,2% di atas level mereka pada Mei 2009. "Kita sedang menyaksikan efek berkelanjutan dari pajak kredit pembeli rumah, yang kita juga akan melihat pada penutupan real estat Juni," kata Lawrence Yun, kepala ekonom NAR. Berdasarkan program pajak-kredit pembeli rumah, kontrak harus ditandatangani pada 30 April dan diselesaikan pada 30 Juni. Penjualan existing-home diukur pada penutupan. (mrp)
Jumat, 18/06/2010 07:04:38 WIB

S&P 500 Index dan Dow naik dipicu teknologi

Oleh: Bloomberg
NEW YORK (Bloomberg): Bursa AS naik mendorong indeks kembali positif, dipicu pergerakan saham kelompok teknologi menjelang penutupan pasar.

Saham Apple Inc naik 1,7% mencapai rekor harga tertinggi di kelompok perusahaan komputer menyusul optimisme atas versi baru iPhone. First Solar Inc naik 3,9% dipicu perusahaan rekomendasi Credit Suisse Group AG untuk membeli saham ini. Indeks acuan pulih seiring dengan menguatnya euro mendekati level tertinggi terhadap dolar AS.

Standard & Poor's 500 Index naik 0,1% menjadi 1.116,04 pada pukul 4 p.m. di New York. Dow Jones Industrial Average juga naik 24,71 poin atau 0,2% menjadi 10.434,17, menghapus penurunan 90 poin sebelumnya. Kedua indeks itu tidak beranjak dari penurunan sampai beberapa menit sebelum perdagangan berakhir.

"Pasar sudah over dalam dua hari terakhir. Ini benar-benar bergerak naik. Bursa bisa bertahan di atas level rata-rata 200 hari, dan itu pertanda positif," ujar Walter Todd, analis Greenwood Capital, Greenwood, South Carolina.

S&P 500 ditutup di atas rata-rata dalam 200 hari sejak 15 Juni setelah sempat tenggelam di bawah level terendah dalam sebulan.

Saham Apple naik 1,7% menjadi US$271,87, peningkatan 6 hari berturut-turut. Subscriber aktif iPhone diprediksi meningkat tiga kali lipat menjadi 100 juta sampai akhir 2011.

Saham First Solar juga naik 3,9% menjadi US$123,45. Credit Suisse Group AG meningkatkan rekomendasi saham menjadi 'outperform' dari 'neutral'. 

Lonjakan terbesar dalam S&P 500 dialami M&T Bank Corp sebesar 9% menjadi US$89,34 dipicu spekulasi akuisisi. Banco Santander SA menegaskan belum ada keputusan apapun terkait dengan merger bisnis dengan M&T.(yn)
Selasa, 15/06/2010 07:18 WIB
Yunani Kembali Hempaskan Wall Street
Nurul Qomariyah - detikFinance 



New York- Sentimen negatif kembali menghempaskan bursa Wall Street ke teritori negatif. Saham-saham bergerak melemah setelah lembaga pemeringkat Moody's Rating menurunkan peringkat utang Yunani ke level 'Sampah'.

Moody's menurunkan peringkat Yunani hingga 4 tingkat dari A3 menjadi Ba1 karena kekhawatiran apakah negara tersebut mampu membayar utangnya. Hal itu langsung membuat saham-saham bergerak melemah di tengah kondisi pasar saham yang masih sangat rentan akan sentimen-sentimen negatif dari krisis Eropa.

Pada perdagangan Senin (14/6/2010), indeks Dow Jones ditutup melemah 20,18 poin (0,20%) ke level 10.190,89. Indeks Standard & Poor's 500 juga melemah 1,97 poin (0,18%) ke level 1.089,63 dan Nasdaq menguat tipis 0,36 poin (0,02%) ke level 2.243,96. 

Pelemahan indeks terjadi dalam perdagangan yang sangat tipis. Volume perdagangan di New York Stock Exchange hanya sebesar 7,99 miliar lembar saham, jauh di bawah rata-rata tahun lalu yang mencapai 9,65 miliar. 

"
Penurunan peringkat itu membuat pasar sedikit berjaga. Pasar masih sangat sensitif terhadap masalah tersebut dan orang-orang sangat berhati-hati," ujar Nick Kalivas, analis senior dari MF Global seperti dikutip dari Reuters, Selasa (15/6/2010).

Nasdaq berhasil menguat setelah CEO Taiwan Semiconductor Manufacturing Co mengatakan permintaan yang kuat dari China akan menangkat outlook pertumbuhan pasar semikonduktor hingga 6-7% dalam 5 tahun ke depan. 

Sementara saham BP yang sempat membaik akhirnya kembali terpuruk. Saham perusahaan minyak asal Inggris itu terpuruk 9,7% setelah Moody's menyatakan sektor perminyakan kini diliputi ketidakpastian akibat tumpahan minyak di Teluk Meksiko.

(qom/qom) 

Asia stocks at 1-month high; euro bounces to $1.22
Sun, Jun 13 2010 By Kevin Plumberg HONG KONG (Reuters) - Asian stocks rose to a one-month high on Monday, led by a rally in the technology sector, while the euro rebounded in thin trade, squeezed higher by dealers closing out of bets against the currency. Global equities are set for a fourth consecutive session of gains, with the growth-sensitive materials sector likely to be in the driver's seat again after being one of the most heavily sold sectors in recent months as investors cut exposure to riskier assets, fearing the worldwide recovery was losing momentum. However, tech stocks were leading major indexes in Japan and South Korea higher, after semiconductor chipmakers last week gave positive news about demand, helping Wall Street recover early losses on Friday. The fundamental picture has not changed much, with many economists still expecting the U.S. economy to grow around 3 percent this year and next, even after May U.S. retail sales unexpectedly fell for the first time in eight months. "We're seeing pretty active short-covering on a sense that recent risk avoidance moves were exaggerated, leaving markets oversold," said Takashi Ushio, head of the investment strategy division at Marusan Securities in Tokyo. Japan's Nikkei share average rose 1.7 percent, with tech names TDK (6762.T: Quote, Profile, Research, Stock Buzz), NTT Data (9613.T: Quote, Profile, Research, Stock Buzz) and Kyocera Corp (6971.T: Quote, Profile, Research, Stock Buzz) all among the biggest boosts to the index. NTT Data gained 2.7 percent. The market for semiconductors will likely grow 6 to 7 percent for the next five years, helped by strong demand in China, Morris Chang, Taiwan Semiconductor Manufacturing Co's (2330.TW: Quote, Profile, Research, Stock Buzz) chief executive and chairman, told the Financial Times. The MSCI index of Asia Pacific shares outside Japan .MIAPJ0000PUS climbed 1.1 percent to the highest since May 19. The index is trading at 11.5 times its earnings expected 12 months forward, a bit higher than at the beginning of June but still cheaper than the 5-year average of 13.2 times, Thomson Reuters I/B/E/S data showed. With bets against the euro near record highs and bets on the Australian dollar slashed last week, dealers were prone to taking advantage of the relative quiet and trimming their positions. The euro was up 0.4 percent to $1.2172, having earlier triggered small stop-loss orders all the way up to around$1.2207. This week the focus for the euro will be a meeting of European Union leaders on Thursday to convince sceptical investors they can tighten budgets to contain a sovereign debt crisis and boost growth at the same time. The Australian dollar was up 0.5 percent to US$0.8560, having strengthened by nearly 4 cents in the last week. Short-term investors in the International Monetary Market cut their bets on the Australian dollar in half in the week to June 8, suggesting that positioning will not be an obstacle to further strength in the currency. The Korean won leapt around 1.5 percent, a relief rally after Seoul announced foreign exchange regulations over the weekend that were largely in line with expectations. The weaker dollar was one of the factors pushing up oil prices. U.S. crude for July delivery rose 1.1 percent to $74.56 a barrel. Since crude traded at a 10-month low on May 20, it has drifted higher and gained $10.


12/06/2010 - 15:05
Wall Street AKhir Pekan Berakhir Menguat
Asteria

INILAH.COM, Jakarta – Tarik-menarik sentimen terjadi atas bursa Wall Street, sebelum akhirnya ditutup naik. Data konsumen yang positif berhasil menekan data penjualan ritel yang mengecewakan.

Indeks Dow Jones pada Jumat (11/6) akhir pekan lalu naik 38.54 poin (0,4%) dan ditutup di 10.211,07. Dow menguat setelah merugi dalam tiga pekan, dimana indeks saham unggulan membukukan kenaikan 2,8% pekan ini. Hal ini juga menarik Dow keluar dari tren koreksi. Sedangkan indeks S & P 500 dan Nasdaq tetap berada di area negatif, dengan turun lebih dari 10% dari level tertinggi April lalu.

Sektor teknologi memimpin penguatan bursa, dengan indeks Nasdaq naik lebih 1,12% ke 2.243,60. Namun selama pekan ini, sektor tersebut mencatat penurunan yang terbesar. Selain teknologi, sektor komoditas, energi dan telekomunikasi juga meraih kenaikan terbanyak

Indeks volatilitas CBOE, yang dianggap sebagai tolok ukur kekhawatiran pasar, berada di sekitar level 28,60 pada penutupan. Investor berada antara perdagangan berisiko dan permainan aman pekan ini.

Namun, Marc Pado, strategis di Cantor Fitzgerald & Co, AS mengatakan, investor harus menambah posisi berisiko selama beberapa pekan ke depan menjelang musim laporan keuangan. "Saham teknologi domestik yang berkapitalisasi kecil akan menguat. Saham ritel juga memiliki peluang bagus untuk kenaikan yang solid," katanya.

Sentimen positif penguatan bursa berasal dari data konsumen Juni yang melompat 75,5. Ini adalah angka tertinggi sejak Januari 2008, menurut survei terbaru University of Michigan dan survei Reuters. Angka ini naik dari 73,6 pada akhir Mei dan lebih baik dari estimasi sebesar 74,5.

Sebelumnya, laporan pemerintah menunjukkan penjualan ritel pada Mei turun 1,2%, meskipun diprediksikan ada peningkatan 0,2%. Ini adalah penurunan terbesar dalam delapan bulan atas aksi konsumen memangkas pengeluaran dari mobil hingga pakaian. Adapun bahan bangunan membukukan penurunan terbesar, dengan anjlok 9,3%.

Ekonom Nomura dalam catatan risetnya mengatakan, penurunan itu sangat terkonsentrasi dan laporan itu jauh lebih positif dari estimasi. "Data penjualan ritel baru-baru ini menunjukkan penurunan pertumbuhan belanja konsumen dibanding kuartal pertama, meski bukan penghematan langsung," katanya.

Dan persediaan usaha meningkat 0,4% pada April, ekonom mengharapkan keuntungan 0,5%.

Minyak bertahan di US$ 73,78 per barel , naik lebih dari 3% untuk sepekan. Saham BP naik 3,6%, menambah keuntungan 12% dari sesi sebelumnya. Perusahaan ini membantah laporan sebelumnya dari Inggris, yang mengatakan bahwa perusahaan berencana menunda pembayaran dividen kepada investor.

Dolar naik terhadap euro dan emas bertahan di US$ 1.230,20 per ons, dimana pembeli mengambil keuntungan dari koreksi baru-baru ini.

JPMorgan Chase turun 0,5% setelah kepala perusahaan perbankan investasi mengatakan, kinerja perseroan pada kuartal kedua, dapat dipengaruhi oleh berkurangnya minat investasi beresiko klien. Secara terpisah, JPMorgan dan Morgan Stanley diharapkan memimpin peran undewriting untuk IPO General Motor (GM). Saham Morgan Stanley naik 1,6%.

Awal pekan ini, analis Rochdale Dick Bove memangkas target harga dan prediksi laba JPMorgan. Menurutnya, di mana-mana, para pialang mengalami tantangan dalam model bisnisnya. Bove juga memotong target harganya pada saham Bank of America dan Goldman Sachs. Namun, kedua emiten ini masih ditutup menguat. Adapun saham MasterCard jatuh setelah Susquehanna memotong target harga penerbit kartu kredit untuk US$ 276 dari US$ 287.

Penguatan sektor teknologi berasal dari National Semiconductor, dimana laporan keuangan dan prediksi kinerjanya mengalahkan estimasi. S & P pun meningkatkan rating kredit pada perusahaan. Saham DELL naik setelah produsen komputer menyatakan telah menyiapkan dana US$ 100 juta untuk kesepakatan potensial dengan SEC, yang telah menyelidiki praktik akuntansi perseroan dan keterkaitannya dengan pembuat Chip, Intel. Sementara di sektor teknologi, Research In Motion dan Motorola telah melunasi sengketa paten atas teknologi mobile. Kedua saham ditutup menguat.

Saham Farmasi naik setelah Barclays Capital mengangkat rating pada sektor untuk positif dari netral. Pasalnya, tren upside pendapatan produk baru, menyingkirkan kekawatiran berakhirnya hak paten. Beberapa saham individual di sektor farmasi menguat, termasuk Bristol-Myers Squibb.Dalam pernyataan The Fed, kepala cabang Philadelphia, Charles Plosser mengatakan, bank sentral AS harus mulai menjual aset terkait hipotek lebih awal, untuk menghindari ancaman inflasi masa depan. Sedangkan kapala cabang The Fed Minneapolis Narayana Kocherlakota menuturkan, ekonomi sedang dalam perjalanan ke pemulihan. "Saya optimis, khususnya tentang prospek pertumbuhan dan dampak inflasi." [mdr]

Rabu, 09/06/2010 06:46:18 WIB

Harga emas melemah

Oleh: Bloomberg
JAKARTA(Bloomberg): Harga emas untuk pengiriman dalam jangka waktu dekat turun setelah sempat naik menyentuh rekor kemarin. Logam ini turun sebesar 0,1% menjadi US$1.235,50 per ounce pada pagi ini waktu Melbourne. Emas batangan untuk pengiriman Agustus di New York turun 0,7% menjadi US$1.237,10 setelah sempat menyentuh level tingginya kemarin US$1.254,50 per ounce.

Harga spot emas pagi ini sebesar US$1.237,87, sedangkan harga emas di Comex menyentuh harga US$1.236,69 pada pagi ini. 

Kemarin, harga emas berpeluang mendekati level US$1.300 per ounce, meski dalam jangka pendek terus berfluktuasi bahkan terancam kondisi jenuh beli (overbought).

Nilai kontrak emas di India, konsumen logam mulia terbesar di dunia, bahkan mencatatkan rekor baru di Multi Commodity Exchange of India Ltd, kemarin. Di bursa itu, emas pengiriman Agustus naik 0,4% atau 80 rupee menjadi 19.041 rupee per gram.

Emas juga menorehkan rekor harga baru sebesar US$1.251,85 per ounce di bursa London dan US$1.254,5 (1 ounce setara dengan 31,1 gram) di New York. Penguatan permintaan emas untuk perhiasan dan lindung nilai di tengah krisis utang Eropa menjadi pendorong utama penguatan nilai kontrak komoditas tersebut.

Emas juga mencapai harga tertinggi sepanjang masa dalam euro, pound sterling, dan franc Swiss setelah mata uang tunggal 16 negara di Eropa itu terjerembab ke level terlemah dalam 4 tahun terhadap dolar AS.

Pemain pasar memanfaatkan kekhawatiran terhadap risiko perlambatan laju perekonomian, di tengah upaya Uni Eropa mengatasi defisit fiskal, untuk menaikkan nilai kontrak berjangka logam mulia tersebut. (t03/mrp)
Saham-saham di bursa Wall Street mengalami kemerosotan dengan indeks Dow Jones ambles 200 poin lebih. Investor kembali mengkhawatirkan masalah krisis utang Yunani akan menular ke negara-negara Eropa lainnya.

Investor beramai-ramai kembali ke tempat investasi yang aman yakni dolar AS dan obligasi AS karena kekhawatiran tentang masalah tersebut. Mata uang tunggal euro pun akhirnya ikut terseret hingga menggapai titik terendahnya atas dolar AS dalam 1 tahun. Euro diperdagangkan pada 1,2981 dolar, dibandingkan sebelumnya di 1,3195 dolar. 

Para pembuat kebijakan di Eropa dinilai belum mengambil langkah untuk memecahkan krisis utang Yunani yang kian hari kian parah. Sehingga dikhawatirkan bisa menular ke negara lainnya. Sejauh ini, selain Yunani, dua negara Eropa lain yakni Spanyol dan Portugal juga telah diturunkan peringkatnya.

Saham-saham eksportir besar ke Eropa termasuk sektor teknologi dan industri merosot. Saham Hewlett-Packard merosot 3,9% dan Caterpillar Inc anjlok 4,6%,

"Sepertinya kita melihat aksi profit taking untuk siklus awal perusahaan eksportir dengan keberadaan yang besar di Eropa," ujar Fred Dickson, analis dari DA Davidson & Co seperti dikutip dari Reuters, Rabu (5/5/2010).

Pada perdagangan Selasa (4/5/2010), indeks Dow Jones merosot 225,06 poin (2,02%) ke level 10.926,77. Indeks Standard & Poor's 500 juga merosot 28,66 poin (2,38%) ke level 1.173,60 dan Nasdaq merosot 74,49 poin (2,98%) ke level 2.424,25.

Kabar buruk dari Eropa datang setelah IMF menyatakan Dewan Direksinya akan bertemu untuk pemberian bailout US$ 40 miliar. Permintaan yang setara dengan 30 miliar euro itu merupakan bagian dari bailout Uni Eropa-IMF untuk Yunani sebesar 110 miliar euro atau sekitar US$ 146 miliar.

Namun kesepakatan itu malah memicu spekulasi, Spanyol dan Portugal kemungkinan akan meminta bailout yang sama. Namun hal itu langsung ditepis PM Spanyol, Jose Luis Rodriguez yang menyatakan spekulasi itu sebagai 'benar-benar sebuah kegilaan'.

Kabar buruk dari Eropa itu langsung menutup data yang positif dari AS, termasuk kenaikan permintaan pabrikan dan penjualan rumah selama Maret.

Perdagangan berjalan sangat ramai dengan jumlah saham yang diperdagangkan di New York Stock Exchange mencapai 12,1 miliar, di atas rata-rata tahun lalu yang mencapai 9,65 miliar.



Sumber: detikcom

Stocks climb on earnings, drop in jobless claims By STEPHEN BERNARD, AP Business Writer 1 hr 48 mins ago NEW YORK – Stocks surged higher after another series of upbeat earnings reports and a reading on unemployment provided more evidence of an improving economy. The Dow Jones industrials rose 122 points Thursday after the Labor Department said initial claims for unemployment benefits fell last week. And companies including Motorola, Time Warner Cable and Starwood Hotels & Resorts reported earnings that topped analysts' forecasts. It was the market's second straight winning day after a plunge Tuesday that took the Dow down 213. Greece's debt problems, one of the triggers for that slide, appeared less dire Wednesday and Thursday, and that allowed investors to focus on the growing signs of healing in the U.S. The Labor Department said first-time claims dipped to 448,000, slightly above analysts' forecast of 445,000, according to Thomson Reuters. It was the second weekly drop and lifted hopes that layoffs are slowing. Dealmaking and strong corporate earnings reports added to the growing optimism. Hewlett-Packard Co. said late Wednesday it is buying smart phone maker Palm Inc. in an all-cash deal worth $1.4 billion. Acquisitions are a sign that the economy is recovering and companies are comfortable spending cash to build their businesses. "Business are in a very strong position financially," said Doug Lockwood, chief investment officer at Cornerstone Wealth Management in Auburn, Ind. Companies have built up big cash reserves that can not only go toward deals, but also eventually to hire back workers, Lockwood said. Companies including Motorola, Time Warner Cable and Starwood Hotels & Resorts reported earnings that topped analysts' expectations, as have many other companies that announced first-quarter results in recent weeks. "It just seems like the market is moving and moving and nothing is going to get in its way," said Steve Stahler, president of the Stahler Group Inc. in Baton Rouge, La. On Friday, the government will give its first assessment of overall economic activity during the first quarter when it issues the gross domestic product. Analysts surveyed by Thomson Reuters forecast that the economy grew at an annual rate of 3.4 percent, down from 5.6 percent in the fourth quarter. However, many economists have warned for months that the hectic pace at the end of 2009 would not be sustained, so a lower rate of growth won't be seen as a negative — as long as it meets or beats expectations. The Dow rose 122.05, or 1.1 percent, to 11,167.32, bringing its two-day advance to 175.33. The Standard & Poor's 500 index rose 15.42, or 1.3 percent, to 1,206.78, while the Nasdaq composite index rose 40.19, or 1.6 percent, to 2,511.92. European stock markets rose Thursday after two days of steep declines. On Wednesday Spain became the third European country this week to see its debt rating slashed by Standard & Poor's, following Greece and Portugal. There are concerns that debt problems will spread across the continent and slow a global economic recovery. The most pressing problems are in Greece, which is still trying to tap a bailout package worth nearly $60 billion. European Union officials said again Thursday that Greece would have access to the money that will help it avoid defaulting on debt payments next month. The downgrades of Greek and Portuguese debt on Tuesday sent indexes worldwide tumbling. Guy LeBas, chief fixed income strategist of Janney Montgomery Scott in Philadelphia, said the Greece crisis is "the tip of the iceberg for the European Union." The debt crisis has the potential to drag down a European economic recovery and lead to a collapse of the euro, a currency shared by 16 member nations, LeBas said. That could hurt the recovery in the U.S. and other countries as well. Some analysts said investors were overreacting to the situation in Europe when they sent stocks tumbling Tuesday. But analysts also acknowledged that the market was due for a pullback after moving steadily higher for months. When stocks go in one direction for a sustained period of time, market watchers worry that investors are buying or selling indiscriminately. Earnings were one of the primary drivers of stocks Thursday. Starwood Hotels & Resorts Worldwide Inc.'s profit jumped sharply as more people checked in its hotels, including the Sheraton, W, and Westin. Drug maker Bristol-Myers Squibb Co., phone maker Motorola Inc. and Time Warner Cable Inc. also reported stronger earnings. Dow component ExxonMobil Corp.'s profit rose during the quarter, but fell short of expectations. Exxon Mobil fell 53 cents, or 0.8 percent, to $68.66. Starwood Hotels & Resorts rose $3.02, or 5.7 percent, to $56.29, while Bristol-Myers Squibb rose $1.03, or 4.2 percent, to $25.37. Motorola jumped 24 cents, or 3.5 percent, to $7.16 and Time Warner Cable rose $4.02, or 7.6 percent, to $57.15. Hewlett-Packard shares fell 40 cents to $52.88, while Palm surged $1.21, or 26 percent, to $5.84. About three shares rose for every one that fell on the New York Stock Exchange, where consolidated volume came to 6.1 billion shares, down from 6.4 billion on Wednesday. Bond prices rose slightly after an auction for $32 billion in seven-year Treasury notes. The yield on the benchmark 10-year Treasury note, which moves opposite its price, fell to 3.73 percent from late Wednesday's 3.77 percent. Gold fell, while oil rose. The Russell 2000 index of smaller companies rose 15.35, or 2.1 percent, to 737.74. Overseas, Britain's FTSE 100 rose 0.6 percent, Germany's DAX index gained 1 percent, and France's CAC-40 rose 1.4 percent. Japan's market was closed for a holiday. 


 Sesi II, Penguatan IHSG Bakal Berlanjut Sentimen pengumuman laporan keuangan emiten selama kuartal I-2010 juga memicu aksi beli. KAMIS, 29 APRIL 2010, 12:32 WIB Arinto Tri Wibowo VIVAnews - Indeks harga saham gabungan (IHSG) di Bursa Efek Indonesia (BEI) bertahan di area positif setelah bursa regional juga berbalik arah menguat. Pada akhir transaksi sesi pertama Kamis 29 April 2010, IHSG menguat 9,97 poin (0,34 persen) menjadi 2.913,29. Volume transaksi mencapai 8,02 juta lot senilai Rp 1,93 triliun dengan frekuensi 71.545 kali. Indeks sempat menyentuh level tertinggi 2.925,5 dan terendah 2.903,5. Sebanyak 132 saham menguat, 66 melemah, 71 stagnan, dan 229 saham lainnya tidak terjadi transaksi. Pengamat pasar saham Willy Sanjaya mengatakan, kenaikan IHSG tertopang pergerakan bursa regional dan potensi terjadinya deflasi pada April 2010. "Penguatan indeks diperkirakan lebih tinggi pada akhir transaksi hari ini," kata Willy kepada VIVAnews di Jakarta. Menurut dia, sentimen pengumuman laporan keuangan emiten selama kuartal I-2010 juga memicu aksi beli di pasar saham. Harga minyak mentah di kisaran US$ 82-83 per barel, dia melanjutkan, juga berimbas pada pergerakan positif saham-saham sektor pertambangan. Sementara itu, saham-saham yang mengontribusi kenaikan indeks di antaranya PT Astra International Tbk (ASII) menguat Rp 600 (1,31 persen) menjadi Rp 46.150, PT Bank Mandiri Tbk (BMRI) terangkat Rp 50 (0,94 persen) ke posisi Rp 5.350, PT Medco Energi Internasional Tbk (MEDC) naik Rp 75 (2,6 persen) menjadi Rp 2.950, dan PT Bhakti Investama Tbk (BHIT) menguat Rp 40 (4,93 persen) menjadi Rp 850. Di bursa Asia, pada saat berakhirnya transaksi sesi pertama, mayoritas juga menguat. Indeks Hang Seng ke level 20.950,42 atau naik 1,02 persen, KLSE Composite menguat 2,6 poin (0,2 persen) menjadi 1.335,77, dan Straits Times menjadi 2.961,28 atau terangkat 29,24 poin (1 persen). (hs) arinto.wibowo@vivanews.com • VIVAnews

Bursa AS menguat

Kamis, 29/04/2010 06:53:46 WIBOleh: Bloomberg
NEW YORK (Bloomberg): Bursa saham di AS menguat lebih baik dari estimasi pendapatan, sementara bursa saham di Eropa dan nilai tukar euro justru turun. Nilai tukar euro terdepresiasi ke level rendah selama setahun terhadap dolar karena penurunan rating utang Yunani memunculkan kekhawatiran akan semakin memburuknya krisis utang di kawasan Eropa.

Indeks Standard & Poor 500 menguat 0,6% pada pukul 1:22 p.m di New York sementara indeks Stoxx Europe 600 turun 1,3%. Nilai euro terhadap dolar melemah 0,5% menjadi US$1,3114. Obligasi pemerintah menurun, menyebabkan imbal hasil berjangka 10 tahun naik 6 basis points menjadi 3,75%. Indeks Spanyol IBEX 35 jatuh 3%. Biaya untuk melindungi gagal bayar dari negara yang terkena krisis mencapai rekor seiring munculnya kekhwatiran gagal bayar Yunani akan merembet ke negara lainnya.

Saham Dow Chemical, pabrikan kimia terbesar di AS, bereli 5,2% setelah pendapatan mereka meningkat karena tingginya nilai penjualan produk plastik serta meningkatnya permintaan di AS dan Eropa. Saham Comcast, perusahaan operator tv kabel dan internet di AS, menguat 1,4% setelah menawarkan produk baru bagi pelanggan mereka yaitu internet berkecepatan tinggi dan program tv kabel yang dapat diakses online.

Perusahaan yang menopang indeks S&P 500 dapat meningkatkan laba mereka sampai 29% tahun ini dan 19% di tahun 2011, ini merupakan kenaikan dua tahunan terbesar sejak 1998. Prediksi kenaikan ini dibuat oleh 1.500 analis yang disurvei Bloomberg.

Indeks MSCI World dari 23 bursa saham 23 negara maju melemah 0,8% setelah jatuh 2,1% kemarin.

Saham bank Spanyol terjun setelah penurunan rating utang mereka. Saham Banco Bilbao Vizcaya Argentaria SA dan Banco Santander anjlok 4%.

Deputi Menteri Keuangan Spanyol Jose Manuel Campa mengatakan bahwa dia terkejut dengan penurunan rating oleh S&P dan penurunan ini didasarkan pada prediksi pertumbuhan yang terlalu rendah. 

Indeks Yunani ASE mengalami rebound 0,6% seiring langkah pembuat kebijakan yang melarang penjualan jangka pendek di bursa Athena. Indeks acuan ini jatuh 6% ke level rendah selama setahun kemarin. (t02/mrp)

Rabu, 28/04/2010 12:36:19 WIB

Penjualan ritel Jepang naik di laju tercepat sejak 1997

Oleh: Bloomberg
TOKYO (Bloomberg): Angka penjualan ritel Jepang meningkat dengan laju tercepat dalam 13 tahun terakhir. Hal ini membuktikan ekspor Jepang, yang memotori pemulihan ekonomi, menguntungkan konsumen.

Kementerian Perdagangan Jepang hari ini mengatakan penjualan naik 4,7% dibandingkan dengan setahun sebelumnya. Estimasi median dari 15 ekonom yang disurvei Bloomberg memprediksi kenaikan sebesar 3,6%.

Terakselerasinya pertumbuhan ekonomi di luar negeeri telah membangkitkan kembali ekspor Jepang dan produksi pabrikan, serta meningkatkan upah dan menstabilkan tingkat pengangguran. Kenaikan ini ditopang oleh pulihnya belanja konsumen, yang membantu mengimbangi penurunan harga yang mengancam pertumbuhan di negara dengan perekonomian terbesar kedua di dunia itu.

“Konsumen mulai beranjak dari krisis mental. Ini tidak berarti bahwa pemulihan yang terjadi dimotori oleh pembelanjaan konsumen, tapi data sekarang ini menunjukkan perkembangan yang kuat,” ujar Masamichi Adachi, ekonom senior di JP Morgan Chase & Co di Tokyo.

Kenaikan yang terjadi hari ini adalah yang tertinggi sejak Maret 1997, sebulan sebelum Jepang menaikkan pajak konsumsi dari 3% menjadi 5%. Kenaikan permintaan akan mobil, mesin dan pakaian memberikan kontribusi terhadap peningkatan ini.

Seven & I Holdings Co dan Fast Retailing Co, peritel terbesar di Jepang berdasarkan nilai pasar, menaikkan estimasi labanya pada bulan ini dipicu meningkatnya permintaan.

Sebuah laporan yang dirilis hari ini menunjukkan bahwa pendapatan pada penyesuaian musiman meningkat 0,8% dibandingkan sebulan sebelumnya. Para ekonom mengatakan bahwa laporan yang dirilis pada 30 April nanti akan menunjukkan semakin membaiknya prospek pekerja.

Menurut estimasi median dari 28 ekonom yang disurvei Bloomberg, rasio tingkat kesempatan kerja bagi para pelamar berpeluang meningkat di bulan ketiga pada Maret. Tingkat pengangguran kemungkinan bertahan di level 4,9%, dibandingkan dengan level Juli di 5,6%, kata sejumlah analis yang disurvei.(er)
Krisis Yunani Masih Menular ke Bursa Saham Dunia Rabu, 28 April 2010 - 07:23 wib : Rheza Andhika Pamungkas - Okezone Ilustrasi. Foto: Corbis LONDON - Krisis Yunani masih berimbas pada bursa saham internasional hingga kemarin. Hal ini mengakibatkan munculnya kekhawatiran ketidakmampuan Yunani dalam menggunakan fasilitas bailout sehingga berimbas pada indeks saham di Shanghai yang turun tajam. Seperti dikutip dari Associated Press, Rabu (28/4/2010), di Eropa, indeks saham terkemuka Inggris FTSE 100 turun 26,36 poin atau 0,5 persen pada 5.727,49, indeks saham Jerman DAX turun 13,80 poin atau 0,2 persen pada 6.316,30. Sedangkan indeks The-CAC 40 di Prancis turun 27,05 poin atau 0,7 persen menjadi 3.970,34 poin. Krisis utang Yunani masih menjadi pusat perhatian investor meskipun pemerintah Yunani sudah melakukan langkah penyelamatan dengan menggandeng 15 perusahaan di zona Eropa dan IMF. Akan tetapi, tercatat di Athena waktu setempat, indeks ASE Yunani masih tetap lesu dan turun lebih dari 2,7 persen di angka 1.755,60. "Situasi di pasar saham Yunani telah turun ke dalam kekacauan. Investor benci penundaan pada saat krisis. Dua minggu adalah waktu yang terlalu lama untuk menunggu hingga krisis berakhir," kata kata Kepala Penelitian Swasta di pialang saham Charles Stanley, Jeremy Batsone-Carr. Walaupun Yunani telah menjadwalkan pembayaran utang kembali pada 19 Mei mendatang, tetapi hal ini masih belum dapat menjamin kembalinya investor untuk kembali ke sana serta belum dapat menjamin membaiknya pasar saham Yunani nantinya. Sebagai informasi, mata uang Euro juga terus mengalami penurunan di mana Euro turun 0,3 persen menjadi 1,3352 per USD.(ade)

PERTUMBUHAN EKONOMI

Korea Selatan Tumbuh 1,8 Persen

SELASA, 27 APRIL 2010 | 10:06 WIB
l

TEMPO InteraktifSeoul - Perekonomian Korea Selatan pada kuartal pertama tahun ini tumbuh lebih cepat dari yang diperkirakan. Menurut Bank Sentral Korea Selatan, Produk Domestik Bruto naik 1,8 persen pada kuartal pertama, atau lebih besar 1,5 persen dari yang diperkirakan para ekonom sebelumnya. 

"Perekonomian telah kembali pulih dan pada kuartal kedua keadaan ekonomi juga akan baik," kata Juni Park, Ekonom Woori Investment & Securities Co, hari ini.

Pertumbuhan ekonomi ini didorong oleh kenaikan ekspor, terutama produk elektronika. "Ekspor menguat karena pulihnya ekonomi global, peningkatan konsumsi swasta akibat biaya pinjaman rendah dan kondisi pasar yang lebih baik," kata Song Hyuk Jae, ekonom SK Securities.

Ini juga dipengaruhi Cina--pasar ekspor terbesar Korea Selatan--tumbuh cepat. Volume ekspor dari Korea Selatan ke Cina naik 3,4 persen pada kuartal pertama. Sedangkan konsumsi swasta meningkat 0,6 persen dibanding kuartal keempat tahun lalu.

 

Pemerintah Korea Selatan memperkirakan ekspor ke luar negeri akan meningkat hingga 13 persen pada tahun ini menjadi US$ 410 miliar. Peningkatan ekspor ini pula yang mendorong peningkatan penjualan saham Hyundai Motor Co. di Amerika dan Cina.

Selain itu, Samsung Electronics Co., produsen semikonduktor, televisi layar datar dan telepon genggam terbesar di Asia membukukan peningkatan laba hingga tujuh kali lipat. Peningkatan laba dipengaruhi banyaknya permintaan pasar akan perangkat komputer dan televisi.

Bloomberg | Eka Utami Aprilia

 
SAHAM CITIGROUP DIJUAL
Pemerintah AS Menjual 1,5 Miliar Saham
Selasa, 27 April 2010 | 06:28 WIB

WASHINGTON, KOMPAS.com - Pemerintah AS, Senin (26/4/2010) mengumumkan akan mulai menjual 1,5 miliar saham di Citigroup, sebagai salah satu penjualan saham terbesarnya dalam sejarah.

Ini adalah blok pertama penjualan saham Citigroup yang dilakukan pemerintah, yang mulai menyelesaikan investasi krisis dengan harapan menutup kerugian kas pembayar pajak.

"Departemen Keuangan AS hari ini mengumumkan tahap berikutnya dalam rencananya untuk untuk menjual sekitar 7,7 miliar saham biasa Citigroup," kata sebuah pernyataan.

Pemerintah AS memiliki sekitar seperempat dari jumlah saham perusahaan yang bernilai sekitar 37 miliar dolar dengan kurs pra-pasar Senin.

"Departemen keuangan akan mulai menjual saham biasa di pasar secara teratur di bawah rencana perdagangan pre-arranged tertulis," katanya.

Prospek sebesar 1,5 miliar saham yang membanjiri pasar membuat harga saham Citi merosot sekitar empat persen, karena depkeu mencoba untuk membatasi kerugian.

"Kami bisa menjual hari ini, itu tidak berarti bahwa kami akan lakukan," kata seorang pejabat depkeu berusaha mempertahankan rencana secara tersembunyi.

Namun, meskipun kerugian awal, analis mengatakan pengumuman Departemen Keuangan tidak akan secara radikal mengubah prospek Citi.

"Kami berharap penjualan secara bertahap dengan harga pasar," kata Matthew Albrecht, seorang analis finansialdi Standard & Poor’s Equity Research, mempertahankan rekomendasinya klien beli saham Citi.

Pengumuman itu datang karena Washington mencoba mengembalikan 700 miliar dolar uang pembayar pajak yang digunakan untuk mencegah keruntuhan sistem keuangan global pada 2008.

Pada krisis yang mendalam, pemerintah menyuntikkan total 45 miliar dolar ke Citi, salah satu kelompok perbankan terbesar di dunia.

Perusahaan yang berbasis di New York ini menghadapi kerugian besar di belakang krisis hipotek dan penutupan deposito karena kepercayaan dalam sistem runtuh.

Meskipun membayar sekitar 20 miliar dolar kepada pemerintah pada Desember, Citi masih salah satu dari bank besar yang terakhir beroperasi dalam bayangan bailout pemerintah AS.

Pemerintah telah menahan penjualan sahamnya di perusahaan sampai sekarang, tidak diragukan lagi karena nilai pasar rendah.

Bank pekan lalu mengatakan telah kembali ke laba setelah dua tahun menghabiskan sebagian besar dalam posisi merah, membukukan laba sebesar 4,4 miliar dolar di kuartal pertama tahun ini.

Sejak itu, sahamnya telah meningkat hampir 40 sen per saham, sebuah potensi penghasilan sekitar 300 juta dolar untuk pemerintah.


Menkeu Yunani duga paket IMF cair awal Mei Senin, 26/04/2010 07:04:20 WIBOleh: Dewi Astuti WASHINGTON DC (Bisnis): Menteri Keuangan Yunani George Papaconstantinou memerkirakan paket bantuan dari IMF untuk mengatasi krisis di negaranya akan terealisasi secepatnya pada 10 hari pertama Mei 2010. Dalam jumpa pers dengan para wartawan dari berbagai negara di Washington DC, hari ini (Minggu waktu setempat), Papaconstantinou mengungkapkan dirinya telah melakukan pertemuan bilateral dengan banyak pihak, untuk tujuan negosiasi maupun diskusi seputar langkah-langkah yang akan diambil dalam mengatasi krisis Yunani. Pihak pertama yang ditemui adalah Managing Director IMF Dominique Strauss-Kahn pada Sabtu dan Minggu waktu Washington DC. Pada Sabtu, diskusi dengan European Commissioner for Economic Affairs Olli Rehn dan Kepala Bank Sentral Eropa (ECB) Jean-Claude Trichet juga diselenggarakan. Selain itu, pihaknya juga bertukar pikiran dan memberi informasi kepada mitra negara dari Uni Eropa (UE) seperti Menteri Keuangan Prancis Christine Lagarde, Menteri Ekonomi dan Keuangan Italia Giulio Trimonte, dan Deputy Menteri Keuangan Jerman Rasmussen. Di luar UE, dia juga mengadakan pertemuan dengan Menteri Keuangan AS Timothy Geithner, Menteri Keuangan Brasil, Russia dan Menteri Keuangan China. Papaconstantinou optimistis negosiasi dengan UE dan IMF yang telah dimulai jauh sebelum mereka meminta aktivasi bantuan, akan rampung segera. “Kami perkirakan dewan direktur IMF akan menandatangani kesepakatan pada 10 hari pertama Mei 2010, atau mungkin sedikit lebih telat. Ini akan tergantung pada seberapa cepat kami bertindak,” tuturnya. Dia menjelaskan pendanaan dari IMF dan UE memiliki dua proses yang berjalan secara paralel. Pertama, ada satu dokumen perpanjian yang berisi kondisionalitas dan pendanaan, termasuk di dalamnya kriteria kondisionalitas dan persyaratan pendanaan serta spesifikasinya. Dokumen itu secara simultan akan diajukan ke dewan direktur IMF dan setelah lolos, akan mendapatkan persetujuan dari konsil UE. Artinya, menurut dia, pencairan pinjaman akan berjalan secara simultan dari kedua pihak. Dia tidak bersedia menyebutkan nilai pasti bantuan IMF karena masih dalam negosiasi. Namun yang pasti, dana moneter internasional itu akan menyalurkan bantuan selama tiga tahun, tergantung pada programnya. “Nilai pinjaman IMF harus merefleksikan situasi dan cukup mampu meyakinkan pasar atas stabilitas ekonomi Yunani. Kalau dari UE, ada komitmen pinjaman US$30 miliar untuk 2010, dengan tambahan pinjaman berdasarkan program untuk beberapa tahun berikutnya.” Keputusan untuk meminta bantuan kepada IMF, tambahnya, merupakan hasil diskusi dengan negara-negara mitra di UE. Program restrukturisasi utang, ungkapnya, tidak masuk dalam negosiasi pemerintah Yunani, begitu juga tidak menjadi saran atau proposal IMF kepada pemerintah negara itu. Sementara itu, dalam pernyataan resmi kepada para wartawan seusai melakukan pertemuan bilateral dengan menkeu Yunani hari ini, Strauss-Kahn mengungkapkan sejak IMF menerima permintaan dukungan finansial dari otoritas Yunani pada Jumat lalu, negosiasi makin berjalan dengan cepat. “IMF, UE, dan setiap pihak yang terlibat dalam upaya pendanaan memahami kebutuhan akan kecepatan negosiasi. Saya yakin kami akan merampungkan negosiasi pada waktunya seperti yang dibutuhkan Yunani.” (ln)

Dampak kasus Goldman diyakini temporer JAKARTA: Tuduhan kecurangan Securities Exchange Commission (SEC), pengawas pasar modal AS, yang dialamatkan kepada Goldman Sachs & Co merontokkan bursa regional, termasuk indeks harga saham gabungan (IHSG). Namun, sejumlah analis di Indonesia meyakini dampak kasus Goldman ini hanya temporer, tak seperti kasus kebangkrutan Lehman Brothers 2 tahun lalu. Lagi pula, secara teknikal, harga sejumlah saham blue chip memang sudah melampaui target konsensus. Koreksi indeks kemarin terlihat sejak awal perdagangan. Begitu dibuka, indeks terkoreksi 1,6% ke level 2.833,92. Pada penutupan sesi I, indeks turun 40,43 poin atau 1,40% menjadi 2.833,23. Saat penutupan, indeks terkulai pada level 2.840,42, turun 1,33% atau 38,25 poin. Dari 20 indeks yang dipantau Bloomberg, hanya tiga indeks yang mencatat kenaikan, yakni indeks Osaka naik 0,55% ke level 697,47, indeks Karachi naik 0,10% ke level 10.669,88, dan indeks Sri Lanka naik 1,22% ke level 4.015,36. Indeks yang lain terkoreksi. (lihat tabel) Khusus untuk penurunan IHSG, indeks sektor pertambangan memberikan kontribusi terbesar dengan koreksi lebih dari 3%, diikuti koreksi sektor perkebunan, mencapai 2,32%. Bersamaan dengan koreksi itu, transaksi jual bersih asing mencapai Rp14,428 miliar. Beberapa saham emiten yang nominal penurunannya paling besar a.l. Indo Tambang turun Rp1.250 ke Rp38.200, Astra Agro Lestari turun Rp650 ke Rp23.200, Tambang Batubara Bukit Asam turun Rp550 ke Rp17.400, Indocement turun Rp500 ke Rp14.450. Untungnya, pada saat bersamaan, indeks saham emiten sektor konsumsi menguat, a.l. Bir Bintang naik Rp3.000 ke Rp167.000, Anker Bir naik Rp2.000 ke Rp77.000, lalu Astra International naik Rp200 ke Rp43.100, dan Goodyear naik Rp200 ke Rp 14.000. Rupiah melemah Sejalan dengan kejatuhan indeks, nilai tukar rupiah juga ditutup melemah ke level Rp9.040 per dolar AS, dibandingkan dengan penutupan akhir pekan lalu di level Rp9.005 per dolar AS. Ini merupakan pelemahan terbesar dalam 8 bulan terakhir. Kepala Riset PT BNI Securities Norico Gaman mengatakan indeks terkoreksi akibat persepsi investor yang khawatir peristiwa seperti yang pernah terjadi saat krisis finansial global Oktober 2008 akan terulang sekarang. "Ini praktis soal persepsi. Padahal, peristiwa kejatuhan Lehman Brothers yang menyebabkan kejatuhan tidak sama dengan kasus Goldman Sachs. Goldman tidak akan berakhir dengan kebangkrutan mengingat perusahaan ini menjadi mitra strategis Pemerintah AS," ujarnya. Norico meyakini secara politis peran dalam ajang beragam lobi melalui pendekatan finansial yang dimainkan Goldman tidak membuat Pemerintah AS melakukan pendekatan yang sama dengan yang pernah diambil dalam penanganan Lehman Brothers. Karena itu, dia menekankan sentimen negatif yang memukul indeks hanya untuk sementara waktu. Publik akan menunggu berapa nilai kompensasi yang harus dibayar Goldman untuk mengganti kerugian investor. Analis PT Danareksa Sekuritas Yuga Nur Wijanarko berpendapat penurunan IHSG tidak memiliki kaitan cukup signifikan dengan kasus Goldman Sachs. Menurut dia, penurunan IHSG tidak bertahan lama. Hari ini diprediksi IHSG bergerak naik kembali. "Kasus Goldman Sachs tidak berpengaruh cukup besar terhadap bursa regional. Penurunan hari ini [kemarin], sebelumnya pada Jumat pekan lalu juga sudah mulai terkoreksi. Goldman Sachs merupakan kejadian dari 2007 yang diangkat kembali." Yuga menekankan saham-saham blue chip di bursa seperti PT Indofood Sukses Makmur, PT Telekomunikasi, dan PT Bank Rakyat Indonesia diyakini akan rebound dan menjadi penggerak kenaikan indeks pada hari ini. (08/Bastanul Siregar) (ratna. ariyanti@bisnis.co.id) Oleh Ratna Ariyanti Bisnis Indonesia

Penerbangan Eropa Kamis mulai normal lagi

Selasa, 20/04/2010 06:42:31 WIBOleh: Antara
BRUSSEL (Antara): Lalu-lintas udara Eropa diperkirakan normal kembali Kamis, setelah pembatalan dan kekacauan sepekan akibat awan abu dari letusan gunung berapi Islandia, kata badan pengawas keselamatan penerbangan Eropa, Eurocontrol, Senin.

"Jika keadaan berlangsung seperti sekarang dan gunung berapi itu tidak menyebarkan abu ke Eropa, kita mungkin bisa kembali melakukan operasi normal pada Kamis," kata Bo Redeborn, direktur Eurocontrol, yang mengkoordinasikan pengawasan lalu-lintas udara di Eropa.

"Jika 30% penerbangan dioperasikan hari ini, mungkin kita bisa mengharapkan 10% hingga 15% lagi pada besok, dan mungkin 10%-15% lagi pada lusa," katanya, Senin waktu setempat atau Selasa dinihari WIB, setelah para menteri perhubungan Uni Eropa sepakat melonggarkan pembatasan wilayah udara yang memukul perusahaan penerbangan dan penumpang mereka sejak Kamis lalu.

Redeborn mengatakan, masih akan ada zona larangan terbang, dimana awan vulkanik dianggap pada konsentrasi berbahaya bagi mesin jet.

Pusat Peringatan Abu Vulkanik akan mengeluarkan peta setiap enam jam yang menunjukkan zona-zona larangan terbang, ketika awan abu masih bergerak.

Jika konsentrasi tinggi ditemukan di atas sebuah bandara, maka bandara itu harus ditutup dan tidak ada penerbangan yang diizinkan melalui daerah tersebut, kata pejabat Eurocontrol itu.

Eurocontrol, organisasi Eropa bagi keselamatan penerbangan, mencakup 38 negara di seluruh benua tersebut. (mrp)
DJI mendapatkan alasan yang kuat untuk koreksi signifikan Jum’at kemarin, turun 1,13%, ditutup pada 11,018, sementara S&P 500 turun 1,61%. Setelah kenaikan yang berturut- turut minggu lalu, memang DJI sudah sangat siap untuk koreksi pada waktu SEC (badan pengawas pasar modal Amerika) mengumumkan tuduhannya pada Goldman Sachs. SEC menyatakan bahwa Goldman Sach telah bersekongkol dengan hedge fund Paulson & Co dalam menciptakan produk derivatif eksotik , senilai sekitar 1USDbn. Atas permintaan Paulson & Co, Goldman Sach mengeluarkan surat berharga eksotis yang menjadikan salah satu KPR di Amerika sebagai ”underlying asset”nya, dan menjualnya kepada investor. Yang menjadikan produk ini fatal adalah Goldman Sachs tidak memberi tahu investor bahwa hegde fund Paulson & Co. sudah memiliki posisi ”sort” (prediksi bahwa KPR tersebut akan gagal bayar) dan sudah menutup asuransi atas posisi ”sort” tersebut. Ketika KPR tersebut gagal bayar seperti yang sudah diprediksi, investor rugi, sementara hegde fund Paulson & Co menerima pembayaran dari perusahaan asuransi. Menarik sekali bagaimana moral yang buruk dicampur adukkan dengan penciptaan produk derivatif yang dinilai ” kreatif”. Jika tuduhan SEC ini benar, maka sudah sepantasnya baik bankir investasi Goldman Sachs dan hedge fund Paulson & Co. mendapat hukuman yang setimpal. Author : Research Department ipot


Greece debt plan may work if growth returns



(Reuters) - Aid from European governments will give Greece a good chance of success in its struggle to curb its national debt, but only if it can emerge from recession in no more than two years, Reuters calculations suggest.

A simple spreadsheet model of Greece's economy and debt, prepared to test different scenarios for growth, borrowing costs and fiscal austerity measures, indicates the emergency aid plan announced by European governments this week could tip the balance in Greece's favor.

Under the European aid package, euro zone governments would provide up to 30 billion euros of three-year loans in the first year at a rate of roughly 5 percent. The International Monetary Fund would chip in an additional 10 billion euros or more.

Greece has not said if it will request such aid, which would come with tough fiscal conditions. It is unclear how quickly and willingly governments such as Germany, where public opinion opposes helping Greece, would approve disbursement of the money.

But the Reuters calculations suggest the aid package, if obtained, could bring Greece's borrowing costs down far enough to help it come very close to meeting public debt targets in the economic plan which it has agreed with the European Union.

The plan sees the ratio of debt to gross domestic product, which was 113.4 percent last year, surging to 120.4 percent this year but rising only marginally to 120.6 percent next year, and then falling to 117.7 percent in 2012 and 113.4 percent in 2013.

BORROWING COSTS

Before the aid package was announced, soaring borrowing costs were a major threat to Greece -- its three-year government bond yield hit 7.6 percent last week, far above debt service interest rates of below 5 percent assumed by the Greek plan for the next four years.

But if Greece can borrow at 5.0 percent from the aid package, its outlook improves greatly.

Plugging that number into the model, and using growth, inflation and budget assumptions in the Greek plan, produces debt-to-GDP ratios of 120.7 percent this year, 121.1 percent next year, 118.7 percent in 2012, and 114.7 percent in 2013.

That result would only be slightly worse than the debt reduction course envisaged by Greece's plan, and would not change the year in which the debt ratio began to fall: 2012.

Greece, which has said it will need to borrow a total of about 53 billion euros this year, could probably not expect to obtain all its funding over several years from the aid package; it would likely have to borrow some money from the markets at a higher rate.

But even assuming an effective debt service interest rate of 6.0 percent, the debt ratio would still begin dropping in 2012. It would come in at 121.5 percent this year, 123.0 percent in 2011, 121.5 percent in 2012 and 118.5 percent in 2013.

BUDGET BALANCE

One big source of risk for Greece, however, is the chance of a political backlash against the government's austerity measures which could eventually block spending and revenue reforms needed to meet the plan's targets for annual budget deficits.

Analysts think the government has probably done enough to succeed in moving its primary budget balance, essentially the gap between current government spending and revenue, to minus 3.5 percent this year from minus 7.7 percent last year.

It aims for minus 0.2 percent next year, plus 2.6 percent in 2012 and plus 3.2 percent in 2013. Fresh austerity steps will be needed to reach those targets, and the model shows the debt situation deteriorates considerably if they are missed.

For example, if the primary budget balance only improves to minus 1.5 percent next year and stays at that level for the following two years, the debt-to-GDP ratio continues rising through 2013, hitting 123.6 percent in that year.

GROWTH

And the model's debt numbers start to look much worse if the austerity measures cause a deeper recession than the government is assuming.

The central bank is already predicting a 2 percent drop in real GDP this year, compared to the government's forecast of a fall of only 0.3 percent.

Former IMF chief economist Simon Johnson says it is not unreasonable to speculate that Greece's real GDP might shrink 3 percent this year, followed by falls of 7 percent in 2011 and 1 percent in 2012, before it rebounds 3 percent in 2013.

Plugging those numbers into the model, and assuming an effective debt service interest rate of 6.0 percent, Greece's debt ratio would rise much higher -- to 135.4 percent in 2012 -- and start falling one year later than planned, in 2013.

It is unclear whether the financial markets would be willing to wait that additional year for Greece's debt mountain to start shrinking -- or whether they would again panic and push up its borrowing costs, making fiscal consolidation even harder.

European governments extending emergency loans to Greece might also lose patience.

The simple model does not capture other risks for Greece. It does not show how different inputs into the debt calculation might affect each other; for example, a deep recession could hurt tax revenues more than the government assumes, preventing Athens from hitting targets for its primary budget balance.

And while Greece would pay an interest rate of about 5 percent on emergency loans in the first year of the aid package, eventual monetary tightening by the European Central Bank could make any later loans more expensive.

In the 1980s and 1990s, Sweden managed fiscal consolidations of a similar scale to the one now required for Greece, and Greece itself managed one in the 1990s before it was locked into a common currency, notes Organization for Economic Co-operation and Development economist Philip Bagnoli.

"The message that this conveys is that it is doable, but the challenge is daunting," he says.

(Editing by Andrew Torchia)


Ekonomi Singapura tumbuh signifikan Rabu, 14/04/2010 07:34:48 WIBOleh: AP SINGAPURA (AP): Singapura menyatakan ekonomi negara itu melonjak dalam tiga bulan pertama pada 2010, di mana pertumbuhan manufaktur lebih dari dua kali lipat. Kementerian Perdagangan dan Perindustrian mengatakan Rabu bahwa produk domestik bruto (PDB) musiman telah diperbaiki menjadi tumbuh 32,1% pada kuartal pertama 2010, membalik dari penurunan 2,8% pada kuartal keempat 2009. Kementerian mengatakan ekonomi tumbuh 13,1% di kuartal pertama dari periode yang sama tahun lalu. Kementerian itu mengatakan merevisi positif perkiraan PDB 2010 menjadi antara 7%-9%. Bank sentral mengatakan Rabu kebijakan nilai tukar telah diubah dari apresiasi 0% menjadi apresiasi "sederhana dan bertahap" dalam upaya meredam tekanan inflasi. (mrp)

bbc: 
Euro rebounds on Greece deal hope

The euro has jumped and stock markets have risen on reports that eurozone leaders have agreed the details of a plan to rescue debt-ridden Greece.

Leaders had finally agreed an interest rate at which to lend money to Greece, should it be needed, the reports said.

As a result, the euro gained more than 1 cent on the dollar, to $1.3466, while the Athens stock exchange rose 3.4%.

This was despite the fact that leading ratings agency Fitch downgraded Greek government debt earlier on Friday.

Other leading European markets also gained ground, with the UK's FTSE 100 index up 1%, Germany's Dax gaining 1.3% and France's Cac 40 rising 1.8%.

The in US, the main Dow Jones index briefly breached 11,000 points for the first time in 18 months, before closing up 0.6% at 10,997.

The euro also rose slightly against the pound, to 87.630 pence.

Loan deal

Last month, the EU and IMF announced plans to provide a 22bn-euro (£20bn; $29.5bn) safety net that could be drawn on should Greece be unable to raise the funds it needs to pay off its debts.

But this did little to calm investors' nerves as few details of how the plan would work were revealed.

“ Now if the euro was a company, the Greek division would be closed or sold off. The product line had not lived up to expectations. It was important therefore to protect the core business. Other weaker divisions might have to go too. ” 
Gavin Hewitt, Europe editor 

There were even concerns that disagreements between eurozone partners about the precise details of any rescue package may not be resolved.

As a result, the cost of borrowing on the financial markets for the Greek government kept on rising, reaching record levels of 7.5% on Thursday.

Reports now suggest that eurozone leaders have agreed a rate at which to lend money to Athens, which means it will not have to rely on raising funds in the financial markets.

This will be lower than the market rate, making it cheaper for Greece to borrow money.

Ratings downgrade

Although Greece still maintains it does not plan to turn to its eurozone partners and the IMF for any loans, investors now believe it will have little choice.

Fitch downgraded Greece's credit rating by two notches, from BBB+ to BBB-, amid growing fears the country will not be able to resolve its debt problems without help.

The BBB- rating is significant, as this is the lowest rating that qualifies as an investment grade bond. Any further downgrade would mean Greece losing its investment grade status with Fitch.

If the two other major credit rating agencies, Standard & Poor's and Moody's, were to follow Fitch's lead, then a lot of big institutional fund managers, such as pension funds, would not be allowed to invest in Greek debt.

Greece is currently rated BBB+ by Standard & Poor's and A2 by Moody's.

Help needed

The downgrade put more pressure on Greece to resolve its debt crisis quickly, and came as leading investors called for Greece to seek financial help.

"Now is the time to put some money on the table," John Stopford, co-head of fixed income at Investec, told the BBC.

"We are getting down to two options - an IMF package of financial support or organised debt restructuring."

His comments were echoed by Alistair Newton, strategist at Nomura Securities, who said it was "increasingly likely" that the Greek government would ask for a rescue from the EU and IMF.

A bail-out was likely to come before the end of May, he told the BBC.

The current volatility in the money markets would continue until that happened, he said, making Greece's current strategy of borrowing its way out of trouble unfeasible.

MSCI Asia Pacific Index naik 0,3% jadi 127,75 Rabu, 07/04/2010 08:24:27 WIBOleh: Bloomberg JAKARTA (Bloomberg): Saham-saham Asia yang naik, mendorong Indeks MSCI Asia Pasifik mencapai level lebih tinggi untuk hari kelima secara berturut-turut, seiring pertaruhan investor terhadap usaha Federal Reserve untuk menahan suku bunga pada rekor rendahnya. Rio Tinto Group, perusahaan pertambangan terbesar ketiga di dunia, naik 0,7% di Sydney setelah kenaikan harga minyak dan logam. Sumitomo Corp, yang memperdagangkan barang komoditas, naik sebesar 0,8% di Tokyo. China Construction Bank Corp. akan menjadi saham yang aktif di Hong Kong setelah seorang sumber mengatakan perusahaan berencana menjual saham untuk menambah modal. MSCI Asia Pacific Index naik 0,3% menjadi 127,75 pada pukul 9:26 a.m. di Tokyo. Indeks saham acuan telah naik 12% dari level rendahnya tahun ini pada 8 Februari sering dengan perbaikan data ekonomi dan janji Fed untuk menjaga suku bunga pinjaman di nilai rendahnya untuk menghapus kekhawatiran bahwa anggaran defisit di Eropa akan menggagalkan pemulihan ekonomi global. "Ekonomi global sedang berada pada tren pemulihan," kata Hiroichi Nishi, manajer saham pada Nikko Cordial Securities Inc. "Pasar mulai bergerak pada musim panas ini. Dan musim dingin sudah berakhir." Nikkei 225 Stock Average dan S & P / ASX 200 Index naik sebesar 0,2%. Selandia Baru NZX 50 Index memperoleh 0,1%. Saham berjangka pada Standard & Poor's 500 Index melemah 0,2%. Indeks acuan saham ini naik 0,2% di New York kemarin, setelah pertemuan kebijakan The Fed terakhir yang menunjukkan beberapa pejabat bank sentral memperingatkan bahwa keputusan menaikan suku bunga masih terlalu dini. Saham di Indeks MSCI Asia Pasifik berada di harga rata-rata 16,7 kali dari estimasi kenaikan, lebih beasr dibandingkan dengan 15,3 kali untuk S&P 500 AS.(ln)

06/04/2010 - 06:12
Banjir Sentimen Positif, Dow Nyaris Tembus 11.000
Mosi Retnani Fajarwati


INILAH.COM, New York - Data positif ketenagakerjaan dan industri jasa mendongkrak indeks pada perdagangan Senin (5/4). Dow pun nyaris ke level 11.000.

Dow Jones naik 46 poin dan mendekati level psikologis 11.000 untuk pertama kalinya dalam 18 bulan. Tumbuhnya keyakinan akan pemulihan ekonomi, menekan harga surat utang negara dan dapat memicu kenaikan suku bunga acuan.

Pemerintah AS melaporkan pada Jumat pekan lalu, pertumbuhan sektor ketenagakerjaan mencatatkan kenaikan dalam tiga tahun terakhir. Sedangkan pada Senin ini, data permintaan pada sektor jasa dan bursa perumahan memperlihatkan pertumbuhan yang signifikan. Data-data tersebut semakin menambah kepercayaan diri para trader.

Departemen Tenaga Kerja AS mengatakan, jumlah lowongan kerja bertambah 162 ribu pada Maret lalu. Hal ini akan menjadi pemicu naiknya tingkat belanja konsumen.

The Institute for Supply Management menyatakan, indeks aktivitas sektor jasa naik menjadi 55,4 untuk Maret dari 53 dibulan Februari. Angka tersebut lebih tinggi dibanding proyeksi ekonom sebesar 54.

Sementara itu, the National Association of Realtors mengatakan, jumlah minat beli konsumen terhadap rumah naik 8,2% untuk Februari dibanding bulan sebelumnya.

Pada perdagangan Senin, Dow naik 46,48 poin (0,4%) ke 10.973,55, level tertinggi dalam 18 bulan terakhir. Hanya 12 poin lagi Dow akan berada pada level 11.000. S&P 500 naik 9,34 poin (0,8%) ke 1.187,44 dan Nasdaq naik 26,95 poin (1,1%) ke 2.429,53. [mre/cms]

 Indeks Saham Asia Cetak Rekor Tertinggi dalam 20 Bulan MINGGU, 04 APRIL 2010 | 21:28 WIB 
 TEMPO Interaktif, Kuala Lumpur - Saham di negara-negara emerging market (pasar berkembang) naik untuk keenam harinya secara beruntun pada akhir pekan lalu sehingga mencatat indeks tertinggi selama 20 bulan seiring melonjaknya angka tenaga kerja selama tiga tahun terakhir. Lonjakan angka tenaga kerja dipicu optimisme percepatan pemulihan ekonomi global. Indeks MSCI Emerging Markets naik 0,1 persen menjadi 1.028,54 pada hingga pukul 17.01 waktu London. Dan penutupan harga itu merupakan penutupan dengan kenaikan harga tertinggi sejak 1 Agustus 2008 lalu.
 Indeks saham dari 22 negara itu meningkat 3,7 persen selama pekan ini. Saat ini tingkat pengangguran Amerika Serikat bertahan di 9,7 persen seiring meningkatnya kepercayaan perusahaan-perusahaan bahwa pemulihan ekonomi akan terjadi secara berkelanjutan. Maret lalu, jumlah tenaga kerja naik 162 ribu pekerja setelah terjadi penurunan 14 ribu pekerja pada bulan Februari. Pengumuman atas pengurangan jumlah angka pengangguran di Amerika membawa keuntungan bagi pertumbuhan sektor manufaktur. Sektor manufaktur Cina mengalami pertumbuhan Maret lalu. Tambahan lagi, lebih sedikit warga Amerika yang mendaftarkan diri untuk mendapatkan santunan pengangguran. Hal itu mengerek angka rata-rata pengangguran bulan lalu ke level terendah sejak 2008. Adapun Shanghai Composite Indeks di Cina mengalami rebound (nak setelah sebelumnya turun), yang meningkat hingga 0,3 persen menjadi 3.157,96 dan merupakan angka tertinggi sejak 21 Januari. Indeks ini telah mengalami kenaikan hingga 3,2 persen selama pekan lalu. Kinerja positif ini menjadi bukti telah terjadi momentum pemulihan ekonomi. Dari pasar saham Turki, indeks setempat mengalami reli dan mendorong indeks ISE National 100 ke posisi yang lebih tinggi lagi selama lebih dari 2 tahun, pertanda pertumbuhan ekonomi negara ini mempercepat pemulihan global. Indeks ISE naik 0,6 persen di Istanbul. Ali Babacan, Deputi Perdana Menteri Turki, mengatakan bahwa bukan hal yang mengejutkan jika perekonomian bertumbuh 10 persen bahkan lebih dari tahun sebelumnya di kuartal pertama. Pemerintah Turki akan merivisi proyeksi pertumbuhan ekonominya pada Juni mendatang. BLOOMBERG | RENNY FITRIA SARI


02/04/2010 - 06:54
Naik 70,44 Poin
Dow Jones Capai Level Tertinggi di 2010


INILAH.COM, New York - Laporan tenaga kerja dan manufaktur mendorong kenaikan saham di Wall Street Kamis (1/4) menjelang keluarnya laporan jumlah tenaga kerja pemerintah pada bulan Maret.

Dow Jones industri rata-rata naik 70 poin ke level tertingginya di 2010 pada hari terakhir pekan singkat. Pasar saham akan tutup Jumat dan pasar obligasi akan tutup lebih awal terkait hari Jumat Agung.

Indeks saham utama pekan ini telah naik lima kali berturut-turut, memberikan kemenangan Dow Jones terpanjang sejak pertengahan April tahun lalu. Para ekonom memperkirakan Departemen Tenaga Kerja akan melaporkan adanya penambahan 190.000 tenaga kerja bulan lalu atau merupakan bulan kedua pertumbuhan lapangan kerja sejak resesi yang dimulai pada bulan Desember 2007.

Kepercayaan para investor mulai tumbuh pada Kamis setelah Departemen Tenaga Kerja mengatakan bahwa klaim awal untuk tunjangan pengangguran turun pekan lalu. Ini merupakan penurunan empat minggu berturut-turut selama 18 bulan.

Perkembangan manufaktur juga membawa angin segar bagi para investor. Sebuah laporan oleh kelompok perdagangan meunjukkan bahwa manufaktur AS tumbuh Maret di laju tercepat dalam 51 / 2 tahun. Laporan manufaktur China dan Eropa juga menunjukkan bahwa pabrik-pabrik sudah mulai terlihat sibuk.

Pasar telah mendaki dengan sedikit masalah selama setahun. Dalam tujuh minggu terakhir, keuntungan telah ditandai dengan peningkatan yang stabil. Dow pada Rabu terkuat sejak tahun 1999. Kenaikan harga minyak berada pada level tertingginya sejak 18 bulan. Occidental Petroleum Corp dan Diamond Offshore Drilling Inc naik lebih dari 2 persen.

Pembuat perangkat BlackBerry Research In Motion Ltd turun 7 persen, tertekan saham teknologi lainnya, setelah kuartal fiskal keempat perusahaan pelayaran turun dari perkiraan sebelumnya.

Dow naik 70,44 atau 0,7 persen ke level 10.927.07. Indeks ini berada di tingkat tertinggi sejak September 2008. Dow telah naik 100 poin, semakin mendekati batas psikologis 43 poin ke 11.000.

Indeks Standard & Poor's 500 naik 8,67 atau 0,7 persen ke level 1.178,10. Indeks teknologi Nasdaq naik 4,62 poin atau 0,2 persen ke 2.402,58.

Dow yang naik selama lima minggu bertutur-turut naik 0,7 persen. S & P 500 indeks naik 1 persen selama sepekan, sedangkan Nasdaq naik 0,3 persen.

Hasil benchmark Treasury 10 tahun naik menjadi 3,87 persen dari 3,83 persen pada hari Rabu malam. Dolar jatuh terhadap mata uang utama lainnya, sementara emas naik.

Minyak mentah mencapai US$85 per barel sebelum akhirnya mencapai US$1,11 pada US$84,87 per barel di New York Mercantile Exchange.

Meskipun pasar saham akan ditutup Jumat, pagi di perdagangan obligasi Treasury akan memberikan wawasan tentang bagaimana investor bereaksi terhadap laporan pekerjaan bulanan, yang merupakan hal yang paling dekat untuk melihat data pada kalender ekonomi. "Ini memiliki efek riak dan efek psikologis," kata Daniel Penrod, analis industri senior untuk California Credit Union League di Ontario, California, yang mengacu pada kesehatan pasar tenaga kerja.

Sementara itu, Institute for Supply Management mengatakan bahwa indeks manufaktur naik menjadi 59,6 pada bulan Maret dari 56,5 pada bulan Februari. Analis yang disurvei oleh Thomson Reuters memperkirakan 57. Itu adalah pertumbuhan tercepat sejak Juli 2004.

Saham-saham naik di awal pekan ini setelah pemerintah melaporkan bahwa pengeluaran konsumen naik untuk bulan kelima di bulan Februari, yang telah membangkitkan harapan untuk pemulihan ekonomi. Pasar beringsut lebih tinggi Selasa. Pada hari Rabu, penurunan tipis. Dow naik 4,1 persen, kinerja kuartal pertama terbaik sejak 1999. S & P 500 naik 4,9 persen untuk kuartal pertama yang terbaik-sejak tahun 1998.

Minggu depan, investor akan mendapatkan laporan tentang industri jasa dan penjualan rumah dan kredit konsumen. Dalam perdagangan lain hari Kamis, indeks Russell 2000 naik 5,34 atau 0,8 persen menjadi 683,98. Saham Occidental naik US 2,06 atau 2,4 persen menjadi US$86,60. Diamond Offshore Drilling naik US$2,20 atau 2,5 persen menjadi US$91,01. Research in Motion jatuh US$5,49 atau 7,4 persen menjadi US$68,48.

Rata-rata industri Dow Jones ditutup naik 76,71 poin seminggu atau 0,7 persen di 10.927,07. Indeks Standard & Poor's 500 naik 11,51 atau 1 persen ke 1.178.10. Indeks komposit Nasdaq naik 7,45 atau 0,3 persen ke 2.402,58.

The Russell 2000 index naik 5,01 atau 0,7 persen selama seminggu ke 683,98. [cms]


30/03/2010 - 20:40 Bursa Asia Raih Level Tertinggi 10 Pekan Vina Ramitha (istimewa) INILAH.COM, Tokyo – Bursa Asia ditutup pada level tertinggi selama 10 pekan terakhir, Selasa (30/3). Hal ini disebabkan meningkatnya minat investor atas aset berimbal hasil besar di negara-negara Asia. Indeks MSCI Asia Pasifik (APAC) ditutup naik 1% ke 126,23 di Tokyo, level tertinggi sejak 18 Januari. Indeks ini naik 5% pada kuartal pertama 2010, yang merupakan kuartal keempat mencatat kenaikan positif. Selama Maret, MSCI APAC naik 6,6% ketimbang bulan sebelumnya, yang menjadi kenaikan terbanyak sejak Juli 2009. Dari level terendahnya pada 8 Februari, indeks telah naik 10%. Ahli strategi senior di Mizuho Trust & Banking Co. Tokyo Masahide Tanaka mengatakan, data perekonomian menunjukkan pemulihan berjalan dengan stabil di dalam dan luar negeri. Sentimen resiko juga mulai meningkat, aset seperti saham dan mata uang berimbal hasil tinggi menjadi menarik. “Aliran modal pun semakin deras,” ujarnya kepada Bloomberg, hari ini. Sektor komoditas memimpin kenaikan di antara 10 sektor pada indeks MSCI APAC. Mitsubishi Corp., yang 40% pemasukannya dari komoditas, melonjak 3,9% ke 2.462 yen. Penambang nomor satu dunia BHP Billiton Ltd., naik 2,4 % ke A$44,41. BHP berencana menjual bijih besi ke penggilingan besi Asia pada kontrak jangka pendek sehingga memperoleh keuntungan dari naiknya harga spot logam tersebut. Produsen kamera terbesar dunia, Canon Inc., naik 2,5% ke 4.325 yen. Konica Minolta Holdings Inc., produsen printer, scanner, dan film yang digunakan di LCD, naik 3,5% ke 1.096. Hynix Semiconductor Inc., pembuat memorik komputer terbesar kedua dunia, naik 1,9% setelah menyatakan memenuhi 60% permintaan meski telah mengurangi alokasi investasi. Bank of Korea menyatakan indeks manufaktur negara itu naik ke 105 per Maret atau yang tertinggi sejak kuartal empat 2002. Laporan ini menyusul pernyataan Komisi Eropa mengenai indeks eksekutif dan konsumen yang naik 97,7 pada Februari atau tertinggi sejak Mei 2008. Mata uang Korea, won, memimpin kenaikan di antara seluruh mata uang Asia. Hal ini disebabkan spekulasi membaiknya perekonomian negara tersebut akan menarik minat asing. Investor banyak membeli saham Korea ketimbang yang dijual dalam sehari sejak akhir Februari. Menurut ahli strategi mata uang global di Credit Agricole CIB Hong Kong, Mitul Kotecha, risk appetite naik dan secara fundamenta, berita di Asia membaik.“Ada bukti aliran dana kuat masuk ke Asia dan membantu mata uang kawasan. Kita masih terus bullish sepanjang tahun ini,” katanya. Senada dengan Stephen Halmarick yang juga Kepala Riset Investasi pasar di Colonial First State Global Asset Management Sydney. Menurutnya, pemulihan ekonomi global sudah berjalan on track. Namun, pemerintah berkomitmen untuk mempertahankan kebijakan seperti semula. “Setidaknya hingga mendapatkan hasil yang diinginkan,” katanya. [ast/mdr]


 Penguatan saham-saham tambang dan energi mampu mengangkat bursa Wall Street ke teritori positif. Saham-saham tambang dan energi menguat seiring kenaikan harga-harga komoditasnya berkat pelemahan dolar. Pada perdagangan Senin (29/3/2010), indeks Dow Jones industrial average (DJIA) ditutup naik 45,50 poin (0,42%) ke level 10.895,86. Indeks Standard & Poor's 500 juga naik 6,63 poin (0,57%) ke level 1.173,22 dan Nasdaq menguat 9,23 poin (0,39%) ke level 2.404,36. Saham-saham yang terangkat oleh kenaikan harga komoditas antara lain Exxon Mobil Corp yang naik 1,1%, dengan indeks energi S&P tercatat naik 1,8%. Demikian pula saham-saham manufaktur dan industri besar menjadi penopang kenaikan indeks saham. Seperti saham Boeing Co naik 2,1%, Caterpillar naik 1,7%. Kedua saham itu merupakan pendongkrak utama kenaikan indeks Dow Jones. Namun perdagangan berjalan sangat tipis mengingat pendeknya perdagangan pada pekan ini. Bursa Wall Street libur pada Jumat untuk memperingati Jumat Agung. Hanya sekitar 7,49 miliar lembar saham di transaksikan di New York Stock Exchange, di bawah rata-rata tahun lalu yang mencapai 9,65 miliar. "Ini seperti hari yang santai. Pergerakan hari ini dipimpin oleh saham energi dan material dan kita melihat pasar komoditas sedang menguat. Inilah yang memicu segala sesuatunya lebih tinggi," ujar Mike O'Rourke, kepala analis BTIG LLC seperti dikutip dari Reuters, Selasa (30/3/2010). Sementara saham-saham yang merosot cukup tajam antara lain Citigroup Inc yang tercatat turun 3,02% setelah Departemen Keuangan AS mengumumkan rencana pelepasan 7,7 miliar lembar saham yang dimilikinya. Dari data ekonomi, Departemen Perdagangan AS melaporkan belanja dan pendapatan konsumen masih melemah selama Februari, namun masih sejalan dengan ekspektasi. Belanja konsumen tercatat naik 0,3% pada Februari, turun dibandingkan bulan sebelumnya yang naik 0.4%. Sementara pelemahan dolar AS langsung memicu lonjakan harga minyak mentah dunia. Kontrak utama minyak light sweet pengiriman Mei melonjak 2,17 dolar menjadi US$ 82,17 per barel. Minyak Brent pengiriman Mei melonjak 1,88 dolar menjadi US$ 81,17 per barel. Sumber: detikcom

 Rilis Laporan Keuangan Masih Topang IHSG "Tercatat, beberapa emiten besar masih belum melaporkan hasil kinerja mereka." SENIN, 29 MARET 2010, 06:29 WIB Antique VIVAnews - Indeks harga saham gabungan (IHSG) di Bursa Efek Indonesia berpeluang mencatatkan rekor baru kembali di awal perdagangan pekan ini. Laporan keuangan emiten tahun buku 2009, diprediksi masih menopang pergerakannya. "Pemodal memproyeksikan, laporan keuangan sejumlah emiten yang bakal dirilis positif," kata Direktur PT Paramitra Alfa Sekuritas Ukie Jaya Mahendra di Jakarta kepada VIVAnews, Jumat sore, 26 Maret 2010. Dia memproyeksikan, indeks Senin, 29 Maret 2010, berpotensi bergerak di kisaran level batas bawah (support) 2.800 dan batas atas (resistance) 2.850. Pada transaksi Jumat, indeks kembali mencatatkan rekor tertinggi baru karena berada di posisi 2.813.08, naik 13,93 poin (0,23 persen) dari perdagangan Kamis, 25 Maret 2010, yang menguat 24,30 poin atau 0,87 persen ke level 2.799,15. Bursa Asia, saat IHSG berakhir juga bergerak positif. Indeks Hang Seng terangkat 274,56 poin atau 1,32 persen) menjadi 21.053,11, Nikkei 225 menguat 167,52 poin (1,55 persen) di posisi 10.996,37, dan Straits Times naik 17,91 poin atau 0,62 persen ke level 2.906,28. Sedangkan bursa Wall Street pada perdagangan Jumat sore waktu New York atau Sabtu dini hari WIB bergerak variatif. Indeks harga saham Dow Jones terangkat 9,15 poin (0,08 persen) menjadi 10.850,36, indeks harga saham indikator Standard & Poor s 500 naik 0,86 poin atau 0,07 persen ke level 1.166,59, tetapi indeks harga saham teknologi Nasdaq melemah 2,28 poin (0,10 persen) di posisi 2.395,37. Menurut Ukie, ekspektasi investor terhadap laporan keuangan emiten sepanjang 2009, yang positif sepertinya bakal mendorong IHSG Senin berpotensi menguat. "Bahkan, bisa tembus level tertinggi baru," kata dia. Dia menambahkan, dana asing yang diprediksi masih masuk (capital inflow) ke lantai bursa domestik, seiring fundamental ekonomi Indonesia yang menjanjikan dan bursa regional maupun global yang positif turut menopang laju IHSG. "Paling, waspadai adanya profit taking (ambil untung). Sebab, indeks sudah reli panjang," ujar Ukie. Purwoko Sartono, research analyst PT Panin Sekuritas Tbk juga berpendapat, untuk pekan ini terlihat indeks masih berpotensi menguat, dengan memanfaatkan ekspektasi kinerja keuangan 2009. "Tercatat, beberapa emiten besar masih belum melaporkan hasil kinerja mereka," ujarnya. Dia memperkirakan, IHSG pada awal pekan ini akan bergerak pada kisaran support-resistance 2.790-2.830. antique.putra@vivanews.com • VIVAnews 
 U.S. Stocks Fall on Treasury Auction, Disagreement Over Greece 
 By Elizabeth Stanton March 25 (Bloomberg) -- U.S. stocks fell for a second day as a disappointing Treasury auction and discord among European leaders about how to rescue Greece erased a rally in the final half hour of the session. The 10-year note’s yield climbed to the highest level since June, and the dollar rallied. Schlumberger Ltd. and ConocoPhillips paced declines in 38 of 40 energy companies in the Standard & Poor’s 500 Index as a stronger dollar wiped out early gains in oil. Monsanto Co. and DuPont Co. helped lead producers of raw materials lower. Citigroup Inc. advanced 2.9 percent as the government was said to plan an orderly sale of its stake in the bank, while Qualcomm Inc. and Best Buy Co. rallied at least 3.6 percent on profit forecasts that topped analysts’ estimates. “One of the big things affecting the psychology of the market is concern about global government debt levels,” said Michael Shinnick, a South Bend, Indiana-based money manager at Wasatch Advisors Inc., which manages $7 billion. “To the extent there are signs that the debt problem is not going to be a later problem but a near-term problem, the market gets concerned.” The S&P 500 slipped 0.2 percent to 1,165.73 at 4 p.m. in New York after rallying as much as 1.1 percent and surpassing its highest close in 18 months. The Dow Jones Industrial Average increased 5.06 points, or less than 0.1 percent, to 10,841.21, wiping out most of a 119-point rally. More five stocks retreated for every three that rose on the New York Stock Exchange and Nasdaq Stock Market. Yields Spike The yield on 10-year Treasuries, which determines borrowing costs for homeowners, companies and other governments around the world, climbed 0.03 percentage point to 3.88 percent at 5 p.m. in New York after jumping 0.17 point yesterday. The yield touched the highest since June when it reached 4 percent. The Dollar Index, which measures the U.S. currency against the euro, yen, pound, Canadian dollar, Swedish krona and Swiss franc, rose 0.5 percent to 82.207, the highest level since May. The euro weakened as much as 0.4 percent to $1.3268 as European Central Bank President Jean-Claude Trichet told French television that the region needs to take responsibility for its members and that possible International Monetary Fund aid for Greece is “very, very bad.” French President Nicolas Sarkozy bowed to German Chancellor Angela Merkel’s demand for an IMF role in a potential rescue package for Greece. The record-tying $32 billion sale of seven-year notes today attracted a yield of 3.374 percent, compared with the average forecast of 3.372 percent in a Bloomberg News survey of 8 of the Federal Reserve’s 18 primary dealers. The current seven-year note yield rose 3 basis points, or 0.03 percentage point, to 3.33 percent. Auction Disappointment “The bond auction disappointed investors,” said James Paulsen, who helps oversee about $375 billion as chief investment strategist at Wells Capital Management in Minneapolis. “The question is how high bond yields will have to go and how much of a hurdle will that be for the stock market. Trichet’s comments also did not help a market that has gone up too far, too fast.” Bill Gross, manager of the world’s biggest bond fund at Pacific Investment Management Co., told Bloomberg Radio the almost three-decade bond market rally may be drawing to a close. Excess borrowing in nations including the U.S., U.K. and Japan will eventually lead to inflation as governments sell record amounts of debt to finance surging deficits, Gross said. Pimco, which announced in December that it would offer stock funds for the first time, is advising that investors buy the debt of countries such as Germany and Canada that have low deficits and higher-yielding corporate securities. Bond Market ‘Slammed’ “The U.S. Treasury market has gotten slammed over the past two days,” Peter Boockvar, equity strategist at Miller Tabak & Co. in New York, wrote in an e-mail. “This is the last thing a fragile economy needs because yields aren’t spiking because all of a sudden the U.S. economy is great again.” Schlumberger, the oilfield services provider, slid 2.3 percent to $60.76. ConocoPhillips, the oil producer and refiner, lost 1.9 percent to $51.53. Crude oil for May delivery declined 8 cents to settle at $80.53 a barrel in New York after rallying as much as 1.1 percent. The contract extended losses in electronic trading after the close of the New York Mercantile Exchange, sliding as much as 0.6 percent. Genzyme Corp. fell 7.6 percent to $51.13 for the biggest drop in the S&P 500. The world’s largest maker of enzyme- replacement therapies was cut to “underweight” from “neutral” at JPMorgan Chase & Co. Red Hat Inc. fell 5.9 percent to $28.90. The software maker said 2011 earnings excluding some items will be 71 cents to 74 cents a share. Analysts surveyed by Bloomberg estimated 76 cents. Ambac Tumbles Ambac Financial Group Inc. slumped 17 percent, the most since Nov. 10, to 66 cents. The bond insurer will hand control of subprime mortgage-related contracts to a regulator amid concern its collapse would trigger losses for holders of municipal debt. Earlier gains in U.S. stocks also came as Federal Reserve Chairman Ben S. Bernanke, presenting to the House Financial Services Committee testimony that was released Feb. 10 during a snowstorm that delayed his appearance until today, said the U.S. economy still needs low interest rates and that the central bank will raise them “at the appropriate time.” The S&P 500 has risen 72 percent from a 12-year low in March 2009 as the economy returned to growth and a record-long slump in earnings ended. The aggregate profit for companies in the S&P 500 increased in the fourth quarter from a year earlier for the first time since the second quarter of 2007. ‘Back in Sync’ Qualcomm climbed 5 percent to $42.19 for the second-biggest gain in the S&P 500. The company said it will earn 56 cents to 58 cents a share excluding some items in the quarter ending this month on sales of at least $2.55 billion. Qualcomm previously forecast profit of 49 cents to 53 cents on sales of at least $2.4 billion. “This puts Qualcomm back in sync with the rest of the major technology companies that are reporting strong results,” said Howard Ward, chief investment officer for growth equities at Gabelli & Co. in Rye, New York, which oversees $26 billion including Qualcomm shares. “It’s becoming more difficult to refute the notion that we’re going to be looking at 3 or 3.5 percent GDP growth in the first quarter.” Technology companies in the S&P 500 beat analyst estimates for earnings-per-share by 17 percent in the fourth quarter, according to Bloomberg data. For the index as a whole, profits exceeded the average estimates by 5.4 percent. Adobe Systems Inc., the world’s biggest maker of graphic-design programs, yesterday rose 3.7 percent after its sales forecast topped analyst estimates. Retailers Rally Amazon.com Inc. led retailers in the S&P 500 to the biggest gain among 24 industries. Shawn Milne, an analyst at Janney Capital Markets, said industry data suggest sales growth improved in February. Amazon rose 5.2 percent to $134.73, the highest price since Dec. 30. Priceline.com Inc., the online travel agency, rose 4.6 percent to $255.03. EBay Inc., the most-visited online auction site, gained 2.3 percent to $27.56. Its sales growth also improved in February, Milne’s report said, and Credit Suisse Group AG upgraded the shares to “outperform” from “neutral.” Best Buy, Citigroup Best Buy increased 3.6 percent to $42.66. The company earned $1.82 a share in the fiscal fourth quarter, 1.7 percent more than the average estimate in a Bloomberg survey of 17 analysts. Reduced prices for flat-panel TVs before the National Football League’s Super Bowl championship game on Feb. 7 boosted U.S. sales. Citigroup climbed 2.9 percent to $4.27, leading financial stocks in the S&P 500 to a 0.4 percent gain. The share-sale plan being contemplated by the government is similar to those used by executives to protect themselves against accusations of insider trading, the people with knowledge of the matter said. The government’s sale of its stake will allow Citigroup to “act more freely and competitively,” said Timothy Ghriskey, chief investment officer at Solaris Asset Management in Bedford Hills, New York, which manages $2 billion, including shares of Citigroup. “We like it as a recovery situation.” Stocks, Euro Gain, Dubai Swaps Plunge as Debt Concern Eases By Gavin Serkin March 25 (Bloomberg) -- Stocks rallied and the euro snapped a two-day slide against the dollar as Germany backed a Greek aid proposal and forecasts at Qualcomm Inc. and Best Buy Co. topped estimates. The cost to protect Dubai against a default slid as the emirate committed $9.5 billion to restructure Dubai World. The MSCI World Index gained 0.5 percent and the Standard & Poor’s 500 Index rose 0.7 percent at 10 a.m. in New York, returning to an 18-month high after yesterday’s retreat. The DFM General Index of Dubai shares jumped 4.3 percent, the most since December. The euro strengthened as much as 0.4 percent against the dollar, rebounding from a 10-month low. German Chancellor Angela Merkel said she’ll recommend to European leaders that Greece be pledged International Monetary Fund assistance and bilateral aid to tackle the region’s biggest deficit. The Dubai government’s promise to support the state- owned holding company eased concern of a default four months after plans to delay debt payments roiled markets. Qualcomm’s forecast sent S&P 500 technology shares up 1.1 percent. “Governments are moving toward solutions to stop wholesale collapse in the short term,” said Mark Schofield, head of fixed-income strategy at Citigroup Global Markets Ltd. in London. “There’s a structural desire to stabilize the fiscal environment.” The S&P 500 climbed above its highest close since September 2008 as Citigroup Inc. rose 2.7 percent to help lead financial shares higher. The U.S. Treasury intends to unload its 27 percent stake in the bailed-out bank using a preset trading plan that will lock the government into a schedule for selling its shares, people with direct knowledge of the matter said. Best Buy Rallies Best Buy Co. jumped 8.6 percent after fourth-quarter profit and its full-year earnings forecast topped analyst estimates. U.S. stocks also gained as initial jobless claims fell to the lowest level in six weeks as the rebound in the economy encourages companies to make fewer cuts in payrolls. First-time jobless applications declined by 14,000 to 442,000 in the week ended March 20, lower than anticipated, Labor Department figures showed today. Abu Dhabi’s ADX General Index gained 1.1 percent and Poland’s WIG20 Index advanced 1.8 percent. Credit default swaps linked to Dubai fell 40 basis points to 382.9 basis points as of 12:20 p.m. in London, according to prices provided by CMA DataVision. Europe, Asian Shares Europe’s Stoxx 600 Index rose to the highest level in 18 months. Hochtief AG, Germany’s biggest construction company, gained 4.4 percent in Frankfurt after posting earnings that beat analysts’ estimates. Next Plc, the U.K.’s second-biggest clothing retailer, surged 5.3 percent in London after boosting its dividend and reporting better-than-estimated profit. The MSCI Asia Pacific Index slipped less than 0.1 percent. Li & Fung, a trading company that supplies Wal-Mart Stores Inc., slumped 11 percent in Hong Kong, while Unicom, China’s No. 2 mobile-phone company, sank 4.1 percent. The euro strengthened versus the dollar for the first time in three days, climbing as much as 0.4 percent to $1.3371. European Central Bank President Jean-Claude Trichet said the bank will extend its emergency collateral rules beyond 2010, softening his stance as Greece struggles to cut a budget deficit that is 12.9 percent of gross domestic product. European Union leaders are meeting in Brussels as Germany tries to end haggling over an aid package for Greece, whose budget deficit is more than four times the EU’s limit. Greek bonds rose, with the two-year note yield dropping 21 basis points to 4.8 percent. ‘Very Generous’ Dubai’s government said in a statement it will supply Dubai World with $1.5 billion and convert $8.9 billion in debt to equity. Nakheel PJSC will receive $8 billion in funding and $1.2 billion through a debt swap. Nakheel’s bank creditors will be asked to restructure loans to the company at commercial rates. Dubai’s announcement “surpasses my expectations, it’s very generous,” said Daniel Broby, chief investment officer at SilkInvest Ltd., a London-based investment firm that holds bonds of the Dubai World unit Nakheel PJSC. “This is what it takes to get the U.A.E. and Dubai back on its feet again.” Concern that the fallout from the global financial crisis may leave some countries unable to pay their debts was reignited after Dubai World said Dec. 1 it wanted to restructure $26 billion of securities. Treasuries were little changed before congressional testimony from Federal Reserve Chairman Ben S. Bernanke and a $32 billion auction of seven-year notes as some investors bet yesterday’s surge in yields was unjustified. The yield on the benchmark 10-year note was 3.86 percent after jumping 17 basis points yesterday. Crude oil for May delivery rose 0.7 percent to $81.15 a barrel in New York.

Stoxx Europe 600 Index naik 0,7%

Rabu, 24/03/2010 07:06:58 WIBOleh: M. Yunan Hilmi
LONDON (Bloomberg): Bursa Eropa naik ke level tertinggi dalam 18 bulan setelah Jerman dan Prancis sepakat untuk mendukung bantuan International Monetary Fund bagi Yunani dan laporan pendapatan dari Legal & General Group Plc mengalahkan estimasi.

Saham Legal & General melonjak 4,7% setelah asuransi terbesar keempat itu mencatatkan laba tahunan dan meningkatkan dividen. Saham Carnival Plc naik ke level tertinggi dalam 3 tahun menyusul proyeksi laba perusahaan. Cairn Energy Plc melonjak 8% setelah operator ladang minyak terbesar India itu mengumumkan dimulainya penggalian di Greenland dan meningkatkan estimasi produksi di Rajasthan.

Stoxx Europe 600 Index naik 0,7% menjadi 261,85, level tertinggi sejak 26 September 2008. Indeks melanjutkan kenaikan dalam empat jam perdagangan setelah pejabat kementerian keuangan Jerman mengungkapkan bahwa Jerman dan Prancis sepakat mendukung bantuan IMF bagi Yunani.

Indeks nasional naik di 18 bursa saham Eropa barat dengan CAC 40 Prancis naik 0,6%, FTSE 100 Inggris dan DAX Jerman naik 0,5%.

Saham Legal & General naik 4,7% menjadi 85,1 pence setelah membukukan laba bersih pada 2009 menjadi 863 juta pound (US$1,3 miliar). Saham Carnival naik 2,2% menjadi 2.700 pence, penutupan tertinggi sejak Februari 2007.

Saham Opap SA juga naik 8,7% menjadi 16,48 euro. British Airways Plc juga naik 2,7% menjadi 247,5 pence. Cairn Energy melonjak 8% menjadi 408,9 pence, tertinggi sejak 1989.(yn)
23/03/2010 - 21:38 Data Penjualan Rumah Lebih Baik Dow Dibuka Menguat 30 Poin Asteria (istimewa) INILAH.COM, Jakarta – Bursa Wall Street menguat tipis di awal perdagangan Selasa (23/3), menyusul rilisnya data penjualan rumah AS yang terkoreksi, lebih rendah dari ekspektasi. Indeks Dow Jones Industrial Average (DJIA) naik lebih dari 30 poin, menembus level 10.800, dipimpin saham General Electric yang naik 1,4%, Intel yang menguat 1,5% dan Pfizer yang terangkat 1,9%. Sementara indeks Standard & Poor 500 dan indeks komposit Nasdaq masih berisaha bertahan di teritori positif. The National Association of Realtors mengatakan, penjualan turun 0,6% secara tahunan ke 5,02 juta unit pada Februari. Lebih kecil dari estimasi semula sebesar 2% dan lebih rendah ketimbang kejatuhan Januari sebesar 7,2%. Kebanyakan saham Asia berakhir ditopang saham komoditas, menyusul kenaikan harga sumber daya alam. Sedangkan saham Eropa juga menghjau dipimpin perusahaan asuransi dengan performa baik.




    

\23/03/2010 - 06:34

RUU Layanan Kesehatan AS disetujui, Wall Street Hijau
Mosi Retnani Fajarwati

INILAH.COM, New York - Sektor kesehatan, mendongkrak Wall Street pada perdagangan Senin (22/3) usai DPR AS menyetujui RUU layanan kesehatan akhir pekan lalu.

RUU tersebut dikembalikan ke Senat, untuk dibahas pada rapat Selasa (23/3) pekan ini.

DPR AS mengesahkan Rancangan Undang Undang reformasi kesehatan dengan perbedaan suara tipis, dengan 219 suara melawan 212 suara tanpa dukungan anggota Partai Republik.

UU ini akan memperluas jaminan kesehatan untuk 32 juta lagi warga AS.

Keberadaan UU ini menandai perubahan besar dalam sistem layanan kesehatan di AS. Obama diperkirakan akan langsung menandatangani RUU tersebut.

Berdasarkan RUU ini, asuransi kesehatan akan diperluas kepada hampir semua warga Amerika, memberlakukan pajak baru atas kekayaan dan melarang pembatasan praktek asuransi seperti menolak jaminan asuransi terhadap pasien dengan kondisi medis yang sudah diderita.

Menurut Badan Anggaran Kongres versi akhir RUU kesehatan dari Demokrat ini, akan mengurangi defisit pemerintah federal US$138 miliar dalam tempo 10 tahun.

Lembaga independen menyebutkan, usulan legislasi itu akan memakan ongkos sebesar US$940 miliar.

Selama beberapa pekan terakhir, indeks bergerak stabil seiring dengan tumbuhnya keyakinan para investor akan pemulihan ekonomi.

Pada perdagangan Senin, Dow Jones naik 43,91 poin (0,4%) ke 10.785,89, S&P 500 naik 5,91 poin (0,5%) ke 1.165,81, dan Nasdaq naik 20,99 poin (0,9%) ke 2.395,4. [mre]

Harga saham di Wallstreet melonjak

Kamis, 18/03/2010 06:27:11 WIBOleh: M. Rochmad Purboyo
NEW YORK (Bloomberg): Saham AS pada naik, menyebabkan indeks Dow Jones Industrial Average menempati level tertinggi sejak Oktober 2008. Kenaikkan ini membuktikan bahwa pemulihan ekonomi tidak memicu inflasi.

Saham Alcoa Inc dan Dupont Co memotori kenaikkan indeks Dow selama tujuh hari berturut-turut. Kenyataan ini juga disebabkan oleh pernyataan pemerintah AS bahwa harga produsen turun 0,6% di bulan Februari, pernyataan ini “mengalahkan” tinjauan bank sentral AS yang menyatakan bahwa inflasi sudah bisa ditangani.

Sementara itu saham Black Rock Inc melonjak 4,9% setelah Credit Suisse Group AG menaikkan peringkat Black Rock menjadi “outperform”. Di sisi lain, saham Ford Motor Co bereli setelah lembaga pemeringkat Moody Investor Service menaikkan rating utang mereka. 

Indeks Standard & Poor 500 naik 0,6% menjadi 1.166,21 pada pukul 4:04 p.m di New York. Indeks Dow naik 47,69 point atau 0,5% menjadi 10,7333,67. Kedua indeks tersebut mencapai level tertinggi mereka dalam lebih dari 17 bulan. Rata-rata, hampir dua saham naik di saat satu saham turun di bursa AS.

Sementara itu, indeks SPDR S&P 500 ETF Trust yang merupakan indeks acuan untuk pertukaran mata uang yang juga berhubungan dengan berbagai indeks acuan saham di AS, naik 0,6% menjadi US$117,10 dan ini merupakan kenaikan keempat belas kali berturut-turut. Ini merupakan kenaikan terpanjang sejak saham diperkenalkan pada 1993.

Saham Black Rock naik 4,9% menjadi US$222,80. Rekomendasi saham ini dinaikkan dari netral menjadi “outperform” oleh Credit Suisse. Credit Suisse mengharapkan bahwa pendapatan dan aliran dana akan membuat saham menunjukan performa “out-performance” selama jangka waktu menengah.

“Perusahaan broker ini menaikkan estimasi laba mereka di tahun 2011 menjadi US$13,50/saham dari harga sebelumnya yang mencapai US$13,30 dan perusahaan juga menentukan estimasi harga saham baru yang mencapao US$280, dibandingkan harga saham pada penutupan bursa kemarin yang mencapai US$212,35.

Saham dari produsen bahan baku naikl lebih dari 0,6% seiring naiknya harga komoditas karena harapan akan pulihnya jumlah permintaan.

Saham Alcoa yang merupakan perusahaan produsen alumunium di AS bereli 4,8% dan saham Exxon Mobil Corp yang merupakan perusahaan energi terbesar naik 1,2%. Saham Massey Energy Co naik 5,8% menjadi US$53,15. (t02/mrp)

Stocks rise after Fed pledges to keep rates low Stocks climb after Federal Reserve offers modestly more upbeat assessment of the economy Tim Paradis, AP Business Writer, On Tuesday March 16, 2010, 5:59 pm EDT NEW YORK (AP) -- The Federal Reserve's mildly upbeat take on the economy and its plans to hold interest rates low gave stocks a lift. The Dow Jones industrial average rose almost 44 points Tuesday for its sixth straight gain. Broader indexes also posted bigger advances. Prices for Treasurys rose as the Fed said again that it expects to keep interest rates low for "an extended period." The Fed also said in a statement following its meeting on monetary policy that businesses are spending "significantly" more on equipment and software. The central bank said that employment is stabilizing. That's a brighter assessment of the job market than at its last meeting in late January. Still, the Fed noted that employers remain reluctant to hire. "That's a major statement. That's saying that that's one major risk that's going to remain for a while," said Guy LeBas, chief fixed income strategist of Janney Montgomery Scott in Philadelphia, referring to cautious employers. Many investors appear relieved that the Fed will hold rates low to help the economy recover. As the economy improves, the Fed will need to start raising rates to stop prices from rising too fast. For now, though, the Fed repeated its belief that inflation is likely to remain subdued. The Fed's statement hurt the dollar, which draws support from higher rates. The central bank's assessment of the economy also lessened investors' need to find safe places like the dollar to invest in. The dollar's slide, in turn, raised commodity prices and the stocks of energy and materials companies. The Fed also said it still plans to stop buying mortgage-backed securities from Fannie Mae and Freddie Mac at the end of the month. Policymakers also noted that construction of homes has been little changed and remains weak. "We are passing through a historic phase where the Fed's emergency responses to the Great Recession are now behind us and we're incrementally getting back to business as usual," said Robert Dye, senior economist at PNC Financial Services Group in Pittsburgh. Stocks rose in morning trading after the Standard & Poor's credit rating agency signed off on Greece's plan to slash its budget deficit. That eased concerns that the country will default on debt, and that its problems might hurt the economies of other European nations. The 16 countries that share the euro agreed to help Greece with loans if necessary. The Dow rose 43.83, or 0.4 percent, to 10,685.98. It's up 1.3 percent in the past six days and stands at its highest level since Jan. 19. The Standard & Poor's 500 index rose 8.95, or 0.8 percent, to 1,159.46, its highest close since October 2008. The Nasdaq composite index rose 15.80, or 0.7 percent, to 2,378.01. The Nasdaq is at its highest level since August 2008. The stock market has been recording steady gains for more than a month. Investors are looking for signs that the recovery is strong enough to justify the recent climb as well as the steep rebound in stocks in the past 12 months. Dan Dolan, director of Wealth Management Strategies at Select Sector SPDRs in Garden City, N.Y., said the small moves higher are a sign that investors aren't getting overconfident. "On the margin these little slow movements are constructive. There is still a lot of doubt in the market, which probably is a good thing." The yield on the benchmark 10-year Treasury note, which moves opposite its price, fell to 3.66 percent from 3.70 percent late Monday. The dollar fell against other major currencies, while gold prices rose. Crude oil rose $1.90 to $81.70 per barrel on the New York Mercantile Exchange as the dollar fell. A weaker dollar makes commodities less expensive to foreign buyers. The Fed's decision on mortgage buying came as investors saw new evidence that housing remains weak. The Commerce Department said Tuesday that construction of homes fell 5.9 percent last month to a seasonally adjusted annual rate of 575,000 units. That was slightly better than the rate of 570,000 units economists polled by Thomson Reuters predicted. January activity was revised higher to a pace of 622,000 units, the best showing in 14 months. But applications for new permits fell 1.6 percent. They are considered a good indicator of future activity. General Electric Co. gave a boost to the Dow after the company said it would increase its dividend in 2011. The conglomerate cut its payout two years ago as the recession pounded the company's financial arm. GE shares rose 78 cents, or 4.5 percent, to $18.07. Among energy and materials stocks, Peabody Energy Corp. rose $1.65, or 3.5 percent, to $48.81, while United States Steel Corp. rose $1.80, or 3 percent, to $62.49. More than two stocks rose for every one that fell on the New York Stock Exchange, where consolidated volume rose to 4.5 billion shares from 4.2 billion Monday. The Russell 2000 index of smaller companies rose 5.17, or 0.8 percent, to 679.58. Stocks rose in Europe after concern about Greece's financial woes ebbed. Britain's FTSE 100 rose 0.8 percent, Germany's DAX index rose 1.4 percent, and France's CAC-40 rose 1.5 percent. In Asia, Japan's Nikkei stock average fell 0.3 percent. Stocks, Commodities Gain, Dollar Weakens Before Fed Statement By Rita Nazareth and David Merritt March 16 (Bloomberg) -- Stocks and commodities rose after Standard & Poor’s affirmed Greece’s credit rating and amid speculation the Federal Reserve will signal plans to keep interest rates at a record low for much of the year. The dollar weakened and 10-year Treasury yields fell to a one-week low. The S&P 500 increased 0.5 percent to 1,155.92 at 11:12 a.m. in New York, maintaining its highest level in 17 months. The Stoxx Europe 600 Index gained 0.9 percent. Gold jumped the most in a month and copper and oil climbed for the first time in three days. The Dollar Index lost 0.5 percent as the U.S. currency weakened against 13 of 16 major counterparts. The 10- year note yield fell to 3.68 percent. The U.S. central bank’s Federal Open Market Committee meets today amid forecasts that inflation will remain subdued and as White House officials predict the jobless rate will remain elevated for an extended period. Senate Banking Committee Chairman Christopher Dodd diluted a proposed overhaul of bank rules yesterday, while European finance ministers worked out a strategy for possible emergency loans to Greece. “Inflation remains very mild; that suggests the Fed can stay on hold for longer,” said Jeffrey Kleintop, who helps oversee about $279 billion as chief market strategist at LPL Financial in Boston. “Still, the stock market is holding its breath a little bit ahead of the FOMC statement, especially when it relates to the purchases of mortgage-backed securities, which are expected to end at the end of this month.” 17-Month High U.S. financial shares reversed declines in the final hour of trading yesterday after Dodd outlined his proposals to overhaul banking rules. The plans for the biggest Wall Street changes since the 1930s drop provisions he sought in November and dilute others as he seeks bipartisan support. Fed Chairman Ben S. Bernanke may keep the target rate for overnight loans between banks in a range of zero to 0.25 percent, according to Bloomberg News surveys. The Federal Open Market Committee will release its statement at about 2:15 p.m. New York time. U.S. equities gained as a report showed prices of goods imported into the U.S. declined more than anticipated, pointing to few signs of inflation pressure from abroad. The import price index fell 0.3 percent, the first decline in seven months, Labor Department figures showed. Economists forecast a 0.2 percent drop, according to the median estimate in a Bloomberg survey. American International Group Inc. led U.S. financial shares higher, while Cliffs Natural Resources Inc. rallied 5.3 percent to help boost commodity producers after Deutsche Bank AG lifted its share price estimate and added the stock to its short-term “buy” list. Global Advance The MSCI World Index of 23 developed nations’ stocks advanced 0.6 percent. Barclays Plc, Britain’s second-largest bank, and BNP Paribas SA, France’s biggest, rose more than 1 percent after Morgan Stanley raised its price estimates. BHP Billiton Plc, the world’s biggest mining company, helped lead gains by basic-resources shares, rising 0.6 percent in London. The Dubai Financial Market General Index climbed 2.1 percent. United Arab Emirates Central Bank Governor Sultan bin Nasser al-Suwaidi said in an interview that Dubai isn’t likely to need more central bank aid, while a Dubai World restructuring plan will be discussed “very soon.” The MSCI Emerging Markets Index rose 0.6 percent after tumbling the most in more than two weeks yesterday. The euro appreciated 0.4 percent to $1.3736 and climbed 0.3 percent versus the yen after Germany’s ZEW Center for European Economic Research said investor confidence declined less than analysts had estimated. Gold, Copper Gold futures for April delivery rose $19.50, or 1.8 percent, to $1,124.90 an ounce in New York. A close at that price would be the biggest gain for a most-active contract since Feb. 16. Copper for delivery in three months rose 1.6 percent to $7,424 a metric ton on the London Metal Exchange, while zinc added 1.7 percent to $2,319 a ton. Crude oil for April delivery rose 1.7 percent to $81.18 a barrel in New York as Saudi Arabia’s oil minister said the Organization of Petroleum Exporting Countries will probably maintain output at a meeting tomorrow in Vienna. The Reuters/Jefferies CRB Index of 19 commodities climbed 0.7 percent to snap a six-day losing streak, its longest in 13 months.

Rabu, 10/03/2010 07:16 WIB
Wall Street 'Rayakan' Setahun Kejatuhan di Teritori Positif
Nurul Qomariyah - detikFinance 



New York- Tepat setahun silam, bursa Wall Street terjatuh ke titik terendahnya dalam 12 tahun terakhir. Menyambut 'perayaan' setahun kejatuhan Wall Street, saham-saham bisa ditutup menguat meski tipis saja.

Merayakan setahun kejatuhan bursa Wall Street, investor terlihat hati-hati. Namun melorotnya saham-saham komoditas seiring melemahnya harga komoditas menutup kenaikan yang dicetak saham-saham sektor telekomunikasi dan industri.

Pada perdagangan Selasa (9/3/2010), indeks Dow Jones ditutup menguat tipis 11,86 poin (0,11%) ke level 10.564,38. Indeks Standard & Poor's 500 juga menguat tipis 1,95 poin (0,17%) ke level 1.140,45 dan Nasdaq menguat tipis 8,47 poin (0,36%) ke level 2.340,68.

Pada 9 Maret 2009 lalu, krisis finansial telah menyeret Wall Street ke titik terendahnya dalam 12 tahun. Namun setelah krisis mulai berlalu, indeks S&P sudah menguat hingga 68,5%.

"Ada sebuah rotasi besar yang terjadi pada hari ini pada saham-saham finansial, telekomunikasi dan beberapa saham berada pada area performa yang di bawah. Pasar disini dalam trend naik, menekannya ke atas," ujar Paul Mendelsohn, chief investment strategist Windham Financial Services seperti dikutip dari Reuters, Rabu (10/3/2010).

Saham-saham sektor telekomunikasi dan peralatan internet naik setelah Cisco System Inc mengumumkan kapasitas router yang lebih tinggi dari AT&T Inc. Saham Cisco yang sudah naik 4% bergerak flat. Namun saham Apple Inc naik 1,8% menembus titik tertingginya.

Perdagangan juga berjalan dengan ramai, dengan transaksi di New York Stock Exchange mencapai 9,24 miliar, sedikit di bawah rata-rata tahun lalu yang mencapai 9,65 miliar.

(qom/qom) 

SINGAPURA. Lembaga rating internasional Standard & Poor's (S&P) menilai, para pengambil kebijakan di negara-negara Asia bakal menghadapi risiko gelembung harga aset dan lonjakan inflasi. Itu terjadi kalau negara-negara Asia terus mempertahankan kebijakan suku bunga rendah dalam jangka waktu lama.

Ekonom S&P Dharmakirti Joshi, dalam laporannya yang dikutip Bloomberg, kemarin (3/3), menjelaskan, ekonomi Asia sudah mulai pulih. Stimulus fiskal dan moneter serta membaiknya ekonomi Amerika Serikat (AS), Eropa, dan China menjadi pendorong pemulihan.

Nah, kemunculan Asia sebagai pemimpin pemulihan ekonomi dunia, harus diikuti pergeseran kebijakan bank sentral. Joshi memberi contoh bank sentral China, India, dan Vietnam yang mulai memperketat kebijakan moneternya. Negara-negara itu sadar bahwa pertumbuhan ekonomi yang cepat berisiko memicu inflasi dan mendorong terbentuknya gelembung harga aset di perekonomian.

Dia menjelaskan, negara-negara Asia-Pasifik memang masih berjuang menyeimbangkan penurunan permintaan eksternal dengan menggenjot permintaan domestik. Salah satunya dengan menerapkan kebijakan suku bunga rendah. "Tapi, membiarkan suku bunga terlalu lama di level rendah dan meneruskan program stimulus hanya akan meningkatkan risiko inflasi, gelembung harga aset, dan memburuknya anggaran pemerintah," imbuh Joshi.

Analis S&P David Wyss menambahkan, gelembung aset mulai terlihat di Asia, yakni kenaikan harga saham dan properti yang terlalu tinggi. Kondisi inilah yang membuat bank sentral Australia, Selasa (2/3), menaikkan bunga acuan sebesar 0,2% ke level 4%.

Pengetatan moneter

S&P memperkirakan, Korea Selatan, Hong Kong, Singapura, China, dan India bakal menerapkan kebijakan pengetatan moneter tahun ini. Kemudian China, India, Vietnam, dan Indonesia diprediksi bakal tetap menjadi pemimpin pertumbuhan Asia tahun ini, meski tetap bergantung pada pemulihan ekonomi global. "Jadi, risiko pertumbuhan ekonomi di Asia, selain inflasi, juga pemulihan ekonomi AS dan Eropa yang harus stabil dan berkelanjutan," jelas Wyss.

Pendorong inflasi utama menurut Standard & Poor's adalah harga minyak, harga komoditas, dan harga aset. Kenaikan harga ujung-ujungnya bakal mendorong suku bunga naik terlalu cepat, sehingga bisa membahayakan ekonomi yang masih belum stabil. "Makanya, para pemimpin Asia harus menggeser arah kebijakan, dari mengatasi krisis menjadi kebijakan pemulihan ekonomi jangka panjang," terang analis S&P, Ian Thompson.

Caranya, lewat pelonggaran ekspansi, menaikkan tingkat bunga acuan, dan bertahap mengurangi stimulus. Toh, menurut Thompson, langkah-langkah tersebut memiliki efek negatif berupa kenaikan biaya dana bagi perusahaan, infrastruktur, dan sektor keuangan. Ada risiko lain, yakni kondisi ekonomi bakal menjadi semakin parah kalau eksekusi kebijakan buruk.



Sopia Siregar KONTAN

Stocks end mixed as Fed points to slow recovery

Stocks surrender early gains after Federal Reserve sees new signs of slow economic rebound 

Tim Paradis, AP Business WriterOn Wednesday March 3, 2010, 5:58 pm EST

NEW YORK (AP) -- Early gains in stocks unraveled Wednesday after the Federal Reserve signaled that the economic recovery will be slow.

Stocks ended mixed after the Fed's announcement that economic activity has improved in nine of its 12 districts but that the gains are "modest."

The report dampened enthusiasm that followed an upbeat report on services industries and more takeover news. The Dow Jones industrial average fell 9 points. For a second day, the Dow erased its losses for 2010 before surrendering the gains by the close.

Stocks had been up for three straight days so some slowdown wasn't surprising. Major stock indexes stand at their highest levels since mid-January, when the Standard & Poor's 500 index began a 9 percent drop on concerns that the market was getting too far ahead of the still-struggling economy.

The market got an early boost Wednesday from a report that the services industries grew at the fastest rate in two years last month. Growth in services industries is seen as crucial for a rebound. The Institute for Supply Management's services index for February rose to 53 from 50.5 in January. Economists had forecast that the index would hit 51.

More corporate dealmaking also helped stocks, as occurred earlier in the week. Acquisitions signal that businesses are confident in the direction of the economy. In the latest deal, private equity firm Elliott Associates offered to buy the 91.5 percent of software maker Novell Inc. that it doesn't already own.

Separately, a report on the labor market came in as expected. Payroll company ADP said employers cut 20,000 jobs last month.

The ADP report is seen an early indicator of the government's closely watched monthly employment report, though there are often wide variations. The Labor Department is expected to report on Friday that the unemployment rate edged up to 9.8 percent last month and that employers cut 50,000 jobs. The struggling labor market is still one of the biggest concerns for investors.

But the Fed's afternoon report raised concerns that the recovery will be slow because of weak demand for loans and a mostly soft job market.

Tom Samuels, manager of the Palantir Fund in Houston, said he isn't seeing enough of an improvement in economic numbers to justify confidence in the recovery.

"We're coasting along from one day to the next and from one week to the next but we're really not getting any sense that things are being structurally fixed," Samuels said. His fund bets certain stocks will rise while others will fall.

The Dow fell 9.22, or 0.1 percent, to 10,396.76. It had risen nearly 64 points during trading.

The broader S&P 500 index rose 0.48, or less than 0.1 percent, to 1,118.79, its highest close since Jan. 20. The Nasdaq composite index slipped 0.11, or less than 0.1 percent, to 2,280.68.

Bond prices fell, pushing yields higher. The yield on the benchmark 10-year Treasury note rose to 3.63 percent from 3.61 percent late Tuesday.

The dollar was mixed against other major currencies. Gold rose.

Crude oil rose $1.19 to $80.87 per barrel on the New York Mercantile Exchange.

Recent dealmaking has raised hopes that businesses will boost spending. Insurer American International Group agreed earlier in the week to sell its important Asian life insurance business to Britain's Prudential for $35.5 billion. On Tuesday, Dow Chemical Co. sold its Styron plastics business to private equity firm Bain Capital for $1.63 billion.

Nick Kalivas, vice president of financial research at MF Global in Chicago, said the merger news has reassured investors that stocks aren't overpriced because companies are still willing to pursue deals.

"It's causing people to get excited about owning stocks and I think it shows that there might be some value here," Kalivas said.

Meanwhile, austerity measures announced by Greece on Wednesday allayed some concerns about the global economy. Investors have been trying to determine whether problems there will spill over to other economies.

Among stocks, Novell jumped $1.33, or 28 percent, to $6.08.

Health care stocks fell after a drug being developed by Pfizer Inc. and Medivation Inc. for Alzheimer's disease failed in a late-stage trial. Pfizer fell 28 cents, or 1.6 percent, to $17.32. It was the biggest loser among the 30 stocks that make up the Dow.

Medivation plunged $27.15, or 67.5 percent, to $13.10 a day after setting a 12-month high.

The drop in health stocks came after President Barack Obama called on Congress to pass his latest health care package, which incorporates some Republican proposals.

Advancing stocks narrowly outpaced those that fell on the New York Stock Exchange, where consolidated volume came to 4 billion shares compared with 4.3 billion Tuesday.

The Russell 2000 index of smaller companies rose 0.95, or 0.2 percent, to 649.26.

Britain's FTSE 100 rose 0.9 percent, Germany's DAX gained 0.7 percent, and France's CAC-40 rose 0.8 percent. Japan's Nikkei stock average rose 0.3 percent.


Indeks Dow Jones Naik Cuma 2 Poin Rabu, 3 Maret 2010 - 08:00 wib Candra Setya Santoso - Okezone NEW YORK - Indeks Dow Jones ditutup naik tipis, pada perdagangan Selasa (2/3/2010) waktu setempat, setelah melanjutkan rally selama tiga hari berturut-turut dipicu oleh aksi korporasi perusahaan raksasa di Amerika Serikat (AS). Seperti dikutip dari Reuters, Rabu (3/3/2010), sentimen terbesar yang mengangkat bursa AS adalah aksi korporasi yang dilakukan American International Group Inc (AIG). AIG telah sepakat untuk menjual divisi asuransi jiwanya di Asia kepada Britain's Prudential PLC senilai USD35,5 miliar. Para investor menilai ini sebagai pertanda pemulihan ekonomi. AIG ingin menjual divisinya yang bernama AIA Group, sebagai langkah untuk membayar kredit kepada pemerintah sekaligus melakukan efisiensi operasionalnya. Pada September 2008, AIG menerima dana talangan sebesar USD182,5 miliar dari pemerintah. Sementara itu, rencana Qualcomm Inc untuk melakukan buy back, memancing penilaian bahwa perseroan kian berharap pemulihan akan berlanjut. Selama beberapa minggu terakhir, pemulihan diragukan para investor usai diumumkannya krisis utang Yunani. Aksi korporasi yang lain adalah CF Industries mengeluarkan penawaran baru terkait penjualan produsen pupuk Terra Industries, yang pada bulan lalu kesepakatan jual-beli telah terjadi dengan Norway's Yara senilai USD4,1 miliar. Dow Chemical Co. menjual produsen plastik miliknya, Styron plastics, kepada perusahaan ekuitas Bain Capital senilai USD1,63 miliar. Sentimen tersebut, membawa indeks Dow Jones naik tipis 2,19 poin atau setara 0,1 persen ke level 10.405,98 dan merupakan level tertinggi sejak 20 Januari lalu. Sedangkan indeks S&P 500 naik 2,6 poin atau setara 0,2 persen menjadi 1.118,31 dan indeks Nasdaq naik 7,22 poin atau setara 0,3 persen ke 2.280,79.(css)
01/03/2010 - 23:21

Pengeluaran Perorangan AS Naik 0,5%, Pendapatan hanya 0,1%

INILAH.COM, Washington - Pengeluaran perorangan naik dalam jumlah yang lebih besar dari yang diharapkan pada bulan Januari, tetapi penghasilan masyarakat AS nyaris tidak bergerak.

Mengutip AP, jutaan penerima tidak bisa mendongkrak biaya hidup mereka. Pertumbuhan pendapatan yang lemah ini bisa memukul pertumbuhan pendapatan belanja dalam bulan-bulan ke depan, yang selanjutnya bisa menghambat pemulihan ekonomi menjadi rapuh.

Departemen Perdagangan Senin mengatakan pengeluaran perorangan naik 0,5 persen pada Januari, sedikit lebih baik dari yang diharapkan. Tapi pendapatan hanya naik 0,1 persen, jauh lebih rendah dari ekpektasi ekonom yang naik 0,4.

Kenaikan pendapatan ini merupakan yang terkecil dalam empat bulan terakhir dan ini menjadikan konsen terhadap apakah konsumen akan mampu menjaga pengeluaran tetap menguat untuk mendukung ekonomi rebound. Pengeluaran konsumen sangat dipantau mengingat ini merupakan 70% dari total kegiatan ekonomi. [cms]

Stocks falter on data, Greece; Apple helps Nasdaq Leah Schnurr NEW YORK Thu Feb 25, 2010 4:59pm EST Related News Nikkei falls 0.7 pct after rally; Toyota down Mon, Feb 22 2010 Stock futures signal firmer Wall Street opening Mon, Feb 22 2010 Wall St futures point to higher open, banks eyed Tue, Feb 16 2010 U.S. futures point to higher start; Bernanke eyed Wed, Feb 10 2010 Wall St futures point to higher open, majors in focus Thu, Jan 28 2010 Stocks Apple Inc. AAPL.O $202.00 +1.34+0.67% 3:00am GMT+0700 JPMorgan Chase & Co JPM.N $40.64 -0.21-0.51% 3:00am GMT+0700 The Coca-Cola Company KO.N $53.12 -2.04-3.70% 3:00am GMT+0700 Related Video Business Update: Asia edges up Tue, Feb 23 2010 Business Update: Asia dips post-Fed NEW YORK (Reuters) - Stocks recovered most of their losses but ended lower on Thursday after weak employment and durable goods data added to recent worries about the strength of the economic recovery. Trading started on a sour note, but rumors of a 4-for-1 stock split planned by Apple Inc (AAPL.O) coincided with a late-day rebound in stocks. A spokesman said the company has not made an announcement of a stock split. The Nasdaq reaped most of the benefit of Apple's rebound and the index ended just short of break-even. Some analysts said the broader move was a result of an oversold market earlier in the session. "The market might be beginning to believe that there was some overreaction, and now (they) are looking at it as a buying opportunity," said Jeff Kleintop, chief market strategist at LPL Financial in Boston. Still, poor news on durable goods orders excluding transportation, which unexpectedly fell in January, and a jump in weekly jobless claims, fed negativity. The data came on top of disappointing reports on consumer sentiment and home prices and sales earlier this week. Industrial and financial shares ranked among the biggest drags on the S&P 500. JP Morgan Chase & Co (JPM.N) slipped 0.5 percent to close at $40.64 on the New York Stock Exchange. The Dow Jones industrial average .DJI shed 53.13 points, or 0.51 percent, to 10,321.03. The Standard & Poor's 500 Index .SPX declined 2.30 points, or 0.21 percent, to 1,102.94. The Nasdaq Composite Index .IXIC dipped 1.68 points, or 0.08 percent, to close at 2,234.22. Concerns about the debt loads of some euro-zone countries were revived after rating agencies said they might downgrade Greece's sovereign debt rating. The news added to investor anxiety ahead of a new 10-year bond Greece will issue in the next few weeks. Moody's said a change in Greece's rating would depend on whether Athens could smoothly enact a fiscal reform plan, while Standard & Poor's said a downgrade by one or two notches in the next month was possible. The move could increase borrowing costs and exacerbate Greece's problems. Coca-Cola Co (KO.N) contributed the most to the Dow's slide after it said it will acquire the North American bottling businesses of Coca-Cola Enterprises Inc (CCE.N) for about $13 billion. Coke shares fell 3.7 percent to $53.12, while CCE soared 32.9 percent to $25.48. POLISHING APPLE, FOLLOWING 'SCRIPTS' Apple was among the Nasdaq's leaders, gaining 0.7 percent to $202.01. Also buoying the index, Express Scripts (ESRX.O) jumped 8.5 percent to $95.23 after at least three brokerages raised their price target on the company's stock. Health insurance stocks were in focus as U.S. President Barack Obama and Republicans clashed at a summit on his stalled healthcare overhaul. The Morgan Stanley healthcare payor index .HMO spent most of the day in the negative before ending up just 0.02 percent. Also in Washington, Federal Reserve Chairman Ben Bernanke said in his second day of congressional testimony that U.S. regulators are looking into how Wall Street firms like Goldman Sachs (GS.N) helped Greece arrange derivatives deals that critics say were used to disguise the size of its budget deficits. About 8.5 billion shares traded on the New York Stock Exchange, the American Stock Exchange and Nasdaq, below last year's estimated daily average of 9.65 billion. Advancing stocks narrowly outnumbered declining ones on the NYSE by 1,512 to 1,504, while on the Nasdaq, decliners beat advancers 1,500 to 1,121. (Reporting by Leah Schnurr: Editing by Jan Paschal)
Comments