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Rabu, 14 Juli 2010

Disappointing finish for JCI

Wallstreet finished higher Tuesday afternoon NY time due to positive reports from Companies like Alcoa, Nikkei started with a strong 2.85 % increase from previous day, and Hang Seng index started with 1.85 % increase from previous day. These positive winds was strong enough to push the JCI to a new level of 0,85% increase from yesterday up until noon today. A negative sentiment came through after a breaking news about slower market development due to undisbursed load from banks adds up to 400 trillions rupiah and Bakrie group companies suspected of misplacing the company money. Bank stocks like BBRI tumbled down after reaching new highs for the past two days.