Tuesday, January 26, 2010
Wall Street Menguat Oleh Optimisme Terpilihnya Bernanke
Wednesday, October 07, 2009
Asian Markets End Higher On Optimism About Recovery
In Japan, the benchmark Nikkei 225 Index gained 107.80 points, or 1.11% to 9,800, while the broader Topix index of all first section stocks was up 14.06 points, or 1.61%, to 886.
In Australia, the benchmark S&P/ASX200 Index surged up 104.10 points, or 2.27% to close at 4,696, while the All-Ordinaries Index ended at 4,696, representing a gain of 98.60 points, or 2.14%.
In South Korea, the KOSPI Index ended flat with a marginal drop of 0.44 points, or 0.03% at 1,598 as the gains in commodity related stocks was more than offset by drop in technology and automotive stocks. Traders preferred to lock in gains in the technology and automotive stocks following dollar weakness, while optimism about recovery prospects lifted the commodity related stocks. Volume was relatively moderate amid volatile trading. While the major gainers were Posco Steel and Korea Zinc, the top losers were the automotive stocks and technology stocks.
Among the other major markets in the region, Indonesia's Jakarta Composite Index slipped 14.74 points, or 0.58% and ended lower at 2,513. However, Taiwan's Weighted Index gained 72.61 points, or 0.96% to close at 7,609, and Singapore's Strait Times Index added 22.74 points, or 0.87%, to close at 2,635. The market in Shanghai is closed for national holidays.
source: www.advfn.com
Wednesday, June 24, 2009
News Update on 24 June 2009
Crude oil is currently trading below $69 a barrel after an industry report showed an increase in U.S. gasoline inventories, raising concern the global recession will sap fuel demand. Economic data in Japan showed that exports from the world??s third-largest oil consumer accelerated its decline in May, further casting doubt for a recovery in the near term.
Dikutip dari BetOnMarkets.com Newsdesk for Saham Indonesia.
Tuesday, June 23, 2009
News Update - 23 June 2009
Crude oil is trading around the 66 dollars per barrel level after the World Bank predicted that the global recession will be deeper than forecast, raising concern fuel demand will shrink. Oil dropped more than $2 a barrel yesterday after the bank projected the world economy will contract 2.9 percent this year, more than an earlier projection of 1.7 percent.
Dikutip dari BetOnMarkets for Saham Indonesia.
Tuesday, June 02, 2009
Harga Komoditas Tinggi Menopang Indeks Kawasan Asia-Pasifik
Akankah Indeks JKSE akan berlanjut hari ini (2/06)? mengingat tadi malam DJIA ditutup menguat 2,60%, NASDAQ 3,06%, S&P500 juga menguat sebesar 2,58%. Sementara FTSE juga ditutup menguat 2,00%.
Berikut berita terkait penguatan indeks regional hari Senin kemarin, dari ADVFN Newsdesk.
The markets across the Asia-Pacific region ended in positive territory on Monday, led by resource stocks on higher commodity prices. A positive closing on Wall Street on Friday and economic data from China that revealed that manufacturing in the world's third largest economy increased for the third successive month lifted market sentiment.
Japan’s Nikkei 225 Average opened slightly weaker at 9,517 compared to its previous close at 9,522 on profit taking following recent gains. Thereafter, the market reversed the trend and moved above the unchanged line. Higher commodity prices, Chinese manufacturing data and positive sentiment across the Asian markets lifted the sentiment and drove the index to the day's high of 9,692.
The benchmark index ended a shade lower at 9,678, representing a gain of 155.25 points, or 1.63%. The broader Topix Index of all first section issues gained 14.61 points, or 1.63%, to close at 913.
On the economic front, the Ministry of Health, Labor and Welfare revealed that labor cash earnings for companies with five or more employees eased 2.5% year-on-year in April following a revised 3.9% fall in March. Analysts expected earnings to slip 4.2%.
Inpex, the leading oil exporter in the country, added 0.65%, Showa Shell advanced 1.80% and Nippon Oil gained 2.24%. The shares of Konica Minolta hit the upper limit, ending the day with a gain of 9.79% after Goldman Sachs raised the rating for the company by one notch to "buy" on expectations of more upside growth for the company in the medium term.
Shipping stocks continued to advance following Chinese manufacturing data. Kawasaki Kisen surged up 7.42%, Mitsui OSK Lines advanced 6.36% and Nippon Yusen rose 5.04%.
Among financial stocks, Mitsubishi UFJ gained 2.84%, Mizuho Financial advanced 3.95%, Resona Holdings added 2.31% and Sumitomo Mitsui rose 2.72%. Nomura Holdings gained 3.63% after the brokerage revealed that it is conducting a survey of the market to gauge the demand, terms and pricing for raising funds through the issue of straight bonds under its shelf registration.
Australia’s All Ordinaries Index opened slightly higher at 3,820 compared to its previous close at 3,813. In early trading, the index slipped below the unchanged line briefly on short covering, but it recovered smartly following the release of the Chinese manufacturing report. The index ended the session at the day's high of 3,888, registering a gain of 1.96% or 74.60 points. The benchmark S&P/ASX 200 Index followed a similar trend and ended up at 3,894, a gain of 76.3 points, or 2.00%.
Commodity stocks led the gains in the market, while financial stocks also showed notable buying interest. Macquarie Group soared 11.82% following the finalization of terms to acquire Canada-based global energy advisory firm Tristone Capital Global Inc.
Retail stocks advanced on hopes of a revival in consumer spending. David Jones gained 4.99%, Harvey Norman advanced 2.05%, Coles owner Wesfarmers rose 4.50% and Woolworths added 0.20%.
In Hong Kong, the Hang Seng Index ended sharply higher, led by positive manufacturing data in mainland China, higher commodity prices and Wall Street's gains on Friday. The index ended the session at 18,889, up 718 points, or 3.95%.
Thirty-seven of the forty index components ended in positive territory. PetroChina advanced 5.62% and CNOOC, the largest offshore oil firm in China, surged 8.82%, on higher crude oil prices.
In South Korea, the benchmark KOSPI Index ended in positive territory, led by foreign institutional investors who continued to pick up select stocks. Resource, steel and automotive stocks led the gains. After showing some nervousness in early trading, the Kospi rose decisively above the unchanged line before ending with a gain of 19.21 points or 1.38% at 1,415.
Financial stocks led the gains. KB Financial, which controls Kookmin Bank, gained 6.62%, Shinhan Financial advanced 3.82% and Woori Finance rose 6.33%. Automotive stocks ended mixed, with Hyundai Motor gaining 3.75% and Kia Motor advancing 2.09%. However, Ssangyong Motor shed 2.62% after announcing that it would close down its major factory located in the southern part of Seoul.
The Indian market ended in positive territory, continuing its northward march on expectations of further economic reforms by the Congress party under Dr. Manmohan Singh's stewardship, which returned to power for the second time. Positive sentiment across the Asian markets and increasing hopes for recovery also propped up the market. The BSE Sensex ended at a 9-month high of 14,841, a gain of 215.38 points, or 1.47%, and the Nifty gained 1.82% or 80.95 points, to close at 4530.
Among the other major markets in the region, China's Shanghai Composite Index added 88.35 points, or 3.36% to close at 2,721, Indonesia's Jakarta Composite Index gained 81.75 points or 4.26% to close at 1,999, the Strait Times Index in Singapore added 50.99 points, or 2.19% to close at 2,380, and the Taiwan Weighted Index ended at 6,954, up 63.66 points, or 0.92%.
Dikutip dari ADVFN Newsdesk for Saham Indonesia.
Thursday, May 28, 2009
News Update
Oil is down in early trade after Saudi Arabias oil minister said OPEC doesn't need to cut output and U.S. stocks slumped because of concern higher borrowing costs and the expected chapter 11 filing by GM. There is a risk that oil prices will test the 65 dollars per barrel mark by the end of the week.
Source: BetOnMarkets.com
Thursday, May 21, 2009
Cautious Assessment Reduces Visibility into Economic Recovery
The major U.S. index futures are pointing to a lower opening on Thursday. Just when the markets were becoming complacent about a recovery in the making, the Fed’s skepticism relayed through the minutes of the April FOMC meeting came as a rude shock. Adding fuel to the fire, the news about the downgrade of U.K.’s rating by S&P spread panic among traders, resulting in a large scale sell-off in the European markets. Earlier in the day, the Asian averages also closed on a weak note, as traders in the region sifted through and digested the FOMC minutes.
Jobs data continues to be downbeat, with a Labor Department report released earlier showing a smaller than expected decline in the first time claims for unemployment benefits. Continuing claims surged to another record high, accentuating the weakness in the job market. Sentiment over the course of the session may also hinge on the manufacturing survey results of the Philadelphia Fed and the Conference Board’s leading indicators index, scheduled to be released shortly after the markets open, as traders look for clarity on the economic outlook.
U.S. stocks, which opened Wednesday’s session higher and saw incremental gains in early trading on the back of the commodity rally, surrendered much of their gains by early afternoon trading and dipped momentarily below the unchanged lined, coinciding with the release of the minutes of the April FOMC meeting. Although some buying interest emerged thereafter, the gains could not be sustained, with the major averages dipped back sharply below the unchanged line in late trading.
The Dow Industrials ended down 52.81 points or 0.62% at 8,422, the S&P 500 Index receded 4.66 points or 0.51% at 904 and the Nasdaq Composite Index fell 6.70 points or 0.51% to 1,728.
Hewlett-Packard (HPQ) retreated 5.22% in reaction to the bleak outlook issued by the company, while Home Depot (HD), JP Morgan Chase (JPM) and American Express (AXP) lost more than 3% each. Alcoa (AA), Citigroup (C) and AT&T (T) moved down about 2% each. On the other hand, General Motors (GM) rallied 14.17%, while Bank of America (BAC0 rose in excess of 2% following its announcement that it has raised $13.47 billion in a public offering. McDonald’s (MCD) was up 4.42%.
Among the sector indexes, the KBW Bank Index fell 2.81% and the Philadelphia Housing Index moved down 2.71%, while the S&P Retail Index and the Dow Jones Utility Average fell over 1.5% each. However, the Amex Gold Bugs Index rallied 5.18%, while Hewlett-Packard’s dismal results weighed on the Amex Computer Hardware Index, which fell 3.28%.
In response to the recent moves on Wall Street, Marc Pado from Cantor Fitzgerald said that the consolidation trend we have been witnessing will likely continue, as pessimism continues to fade. The CBOE Volatility Index closed below the 30 level for the second straight day, which reinforces the idea of a slow and steady recovery. Typically, a trading range of 10-30 for the index signals bullish market conditions. On the upside, the index has resistance around 33.
On the economic front, the minutes of the April FOMC meeting revealed that the members of the Federal Reserve’s policy-setting body seem to concur that the pace of decline in some components of final demand has slowed, with consumer spending firming up in the first quarter and housing activity leveling off in February and March.
On the flip side, businesses continued to trim production and employment market continued to deteriorate. Headline and core consumer prices were up moderately in the first three months of the year.
The Fed updated its forecast of growth, inflation and unemployment rate, with the central tendency growth forecast for 2009 pitched at a 1.3% to a 2% GDP decline compared to its earlier estimate for a mere 0.5% to 1.3% contraction. The central bank also nudged up its unemployment rate forecast for 2009 to 9.2%-9.6% from 8.5%-8.8%. The Fed also toned down its growth estimate for 2010 to 2%-3% rate compared to 2.5%-3.3% growth it estimated in January, while it expects an unemployment rate of 9%-9.5% for 2010 versus its January projection of 8%-8.3%. The longer-run forecasts were left unchanged.
The downgrade came despite the Fed noting that conditions have improved in the inter-meeting period. Some economists believe that the tempered outlook is due to a contraction in credit creation, as commercial bank credit contracted both in March and April.
Analyzing the minutes, Barclays commented that the Fed seemed to have decided to wait till the June meeting to assess the impact of the asset purchase and decide if additional action needs to be taken.
Dikutip dari ADVFN Newsdesk for Saham Indonesia.
Tuesday, May 19, 2009
WOW...IHSG naik 4,5%
IHSG (19 Mei 2009)
Didukung oleh saham-saham di sektor Aneka Industri (7,71%), sektor Finance (6,55%) serta di sektor Mining (5,17%).
Berikut... berita terkait penutupan Indeks Regional Asia-Pasific hari Selasa ini seperti yang dikutip dari ADVFN Newsdesk.
The stock markets across the Asia-Pacific region ended in positive territory on Tuesday, following a strong closing on Wall Street, where the major indices rallied on hopes about the housing market. The weakening of the domestic currencies and a rally in commodity prices also supported sentiment.
The benchmark Nikkei 225 Index added 251.60 points or 2.80% to 9,290 and the broader Topix Index of all First Section Issues advanced 20.05 points or 2.30% to 877. In economic news from Japan, a revised report from Japan's Ministry of Economy, Trade and Industry revealed today that industrial production rose 1.6% in March from the previous month following a 9.4% decline in February. The ministry confirmed the initial estimate for March. Year-on-year, production plunged 34.2% in March.
The major gainer in the market was Asahi Glass, which rose more than 9% following a revision in its rating by Daiwa Securities. The brokerage raised the stock to "buy" from "neutral".
In the banking sector, Mitsubishi UFJ, Japan's biggest bank, gained 4.22% ahead of the announcement of its financial results after market closed. The bank reported a net loss of 256.65 billion yen for fiscal year 2008 compared to a net profit of 636.62 billion yen reported last year. The net loss was in line with bank's expectation but came in wider than analysts' estimate. Oil-related stocks ended in positive territory on higher crude oil prices.
In Sydney, the benchmark S&P/ASX 200 index gained 81.7 points or 2.17% to close at 3,817 and the broad-based All-Ordinaries Index advanced 79.3 points, or 2.13% to close at 3,801.
Mining stocks advanced on higher copper prices in the international market. Index leader BHP Billiton advanced 2.92% and its rival, Rio Tinto gained 4.28%. Banking, retail and energy stocks also advanced, while gold stocks saw mixed sentiment.
In Hong Kong, the benchmark Hang Seng Index opened sharply higher on Wall Street cues and ended 3.06% or 521.02 points higher at 17,544. Financial, China-related and resource stocks led the gains on positive cues from Wall Street and higher crude oil and copper prices.
HSBC Holdings surged up 6.30% and Bank of East Asia advanced 5.59% in reaction to reports that the two banks were granted approval by the Chinese regulators to sell Yuan bonds in Hong Kong. Other major banks such as Bank of China, Hang Seng Bank, Bank of Communications, ICBC and BOC Hong Kong also ended in positive territory.
Among china-related stocks, China Unicom advanced 2.83%, China Mobile added 2.56%, China Resources soared 7.90%, and China Shinhua rose 4.18%.
Resource stocks also advanced on higher copper and oil prices. CNOOC, China's largest offshore oil producer, gained 5.43%, and PetroChina increased 4.97% on higher crude oil prices in the international market. Aluminum Corp. of China, or CHALCO, surged up 7.59%
The benchmark KOSPI Index in South Korea advanced 2.99% or 41.53 points to close at 1,428, led by financials and auto stocks.
Financials advanced on optimism about stability in financial sector. KB Financial Group surged up 6.22%, Woori Finance gained 3.88%, and Shinhan Financial rose 3.98%. In the auto space, Hyundai Motor gained 4.05%, Kia Motor advanced 3.05%, and Ssangyong Motor surged 5.38%.
Technology stocks also ended in positive territory. Hynix Semiconductor surged up 8.58%, LG Display gained 3.29%, and LG Electronics advanced 4.59%. Market heavyweight Samsung Electronics ended higher by 2.52%.
Among the other major markets, China's Shanghai Composite Index gained 23.90 points, or 0.90% to 2,677, Indonesia's Jakarta Composite Index advanced 4.57% or 82.45 points to 1,886, Singapore's Strait Times Index added 83.38 points, or 3.83% to 2,260, and Taiwan's Weighted Index advanced 77.78 points, or 1.18% to 6,656.
Perhatikan saham di sektor Industri Dasar dan Consumer
Sementara JKSE kemarin juga naik sebesar 3,01% menjadi 1.803,57
Saham pilihan hari ini (Selasa, 19 Mei 2009)...
Sektor Industri Dasar:
Pattern = Long White Candle Breaks Resistance
Previous Trend = Side Ways
Saham INTP, SMCB, INKP dan BRPT kemungkinannya hari ini akan berlanjut menguat
Sektor Consumer:
Pattern = Long White Candle Breaks Resistance
Previous Trend = Side Ways
Saham-saham yang ada di sektor ini: GGRM, INDF yang kemungkinannya hari berlanjut naik.
Happy trading....
Tuesday, May 05, 2009
IHSG Mantap Uiy....
Sementara...
Pasar saham regional seperti Thailand, Korea dan Jepang libur nasional bahkan Jepang libur hingga Rabu mendatang.
Sementara...
Minyak dunia naik hingga di level US$ 54,47 per barel.
Sementara...
Pengumuman BI Rate yg diprediksi akan memangkas suku bunga BI Rate 0,25% menjadi 7,25% setelah terjadi deflasi di bulan April sebesar 0,31%.
Happy trading...
Saturday, May 02, 2009
Sektor Perbankan dan Pertanian Angkat Indeks Saham Indonesia di Akhir Pekan
Kenaikan ini sekaligus menepis anggapan bahwa Indeks saham Indonesia akan melemah menyusul adanya gangguan flu babi.
Sementara sentimen positif yang mampu mengangkat indeks bursa saham adalah dirilisnya data inflasi bulan april 2009 oleh BPS sebesar 7,31% YoY jauh dibawah ekspektasi analis sebesar 7,6% YoY dan penguatan harga CPO di bursa Malaysia, sehingga saham-saham di sektor perbankan dan agri yang diuntungkan dengan berita positif ini. Sektor perbankan diantaranya yakni saham BBCA naik 3,37% menjadi 3.475, saham BBRI naik 1,72% menjadi 5.900 sementara sektor AGRI diantaranya adalah AALI naik 8,86% menjadi 17.200, saham LSIP naik 2,54% menjadi 5.050.
Namun perlu juga diwaspadai bahwa pergerakan indeks untuk pekan depan akan dipengaruhi oleh pengumuman BI tentang BI rate. Ekspetasi para analis adalah akan terjadi penurunan BI rate menyusul berita deflasi bulan April 2009.
Akankah sektor perbankan kembali sebagai leader untuk mengangkat indeks bursa pekan depan? Mari kita lihat.
Secara teknikal kisaran support - resistance IHSG pekan depan adalah 1.686,67 - 1.760,67
Belajar analisa saham dari Saham Indonesia kali ini akan mengetengahkan saham-saham yang perlu diamati yakni:
Saham BMRI:
Pattern = Long White Candle
Previous Trend = Up
Prediksi Next Trend = Up
Rekomendasi = Tunggu harga penutupan diatas 2.850 untuk konfirmasi Buy
Saham SULI:
Pattern = Long White Candle
Previous Trend = Up
Volume = dibawah rata-rata VolEMA(5)
Rekomendasi = Tunggu harga penutupan diatas 510 untuk konfirmasi Buy.
Saham CPIN:
Pattern = Long White Candle Breaks Resistance
Previous Trend = Side Ways
Volume = diatas rata-rata VolEMA(5)
Rekomendasi = Tunggu harga penutupan diatas 510 untuk konfirmasi Buy
Saham BRPT:
Pattern = Long White Candle Breaks Resistance
Previous Trend = Side Ways
Volume = diatas rata-rata VolEMA(5)
Rekomendasi = Tunggu harga penutupan diatas 710 untuk konfirmasi Buy
Thursday, April 30, 2009
Asian Markets Extend Gains on Signs of Economic Recovery
In Asian trading on Thursday, crude oil price rebounded to above $51 a barrel, boosted by firm equity markets and a sense of optimism that the recession in the U.S. may be abating. A U.S. Energy Information Administration report showing a surprise 4.7-million-barrel decline in nationwide gasoline inventories, also offered some support.
The Japanese market rebounded sharply after remaining closed on Wednesday for a national holiday. The Nikkei 225 index closed at 8,828, up 334 points or 3.94% and the broader Topix index of all First Section issues on the Tokyo Stock Exchange rose 26 points or 26 points or 838.
Investors picked up stocks across all 33 industrial sectors on the TSE amid stronger-than-expected Japanese industrial output data and an encouraging economic assessment by the U.S. Federal Reserve.
The Australian market closed sharply higher, helped by strong global cues and a rally in U.S. stock futures. The benchmark S&P/ASX200 index closed at 3,780, up 85 points or 2.31% and the broader All Ordinaries index rose 83 points or 2.26% to 3,745.
The South Korean market surged on fund buying after industrial output data for March surprised marketmen on the upside, showing a rise of 4.8 percent compared to the previous month. The benchmark KOSPI rose 31 points or 2.31% to the year's high of 1,369. Volume was significant at 794.67 million shares worth 8.42 trillion won (US$6.51 billion) and advancers outnumbered decliners by 660 to 192.
The New Zealand market rose to more than a two-month high amid strong global cues and a 50 basis points rate cut by the Reserve Bank of New Zealand. The central bank said that it is committed to keeping rates low until late 2010. The benchmark NZX-50 closed at 2,741, up 41 points or 1.51%, the highest closing since Feb 13.
The Indian market was closed for trading due to elections in Mumbai. Friday will be a holiday for Labor Day.
Among the other markets in the region, China's Shanghai Composite index closed up 0.38%, Hong Kong's Hang Seng index rallied 3.77%, Singapore's STI Straits Times index advanced 3.82% and Taiwan's TWII Weighed index surged up 6.74%.
Dikutip dari ADVFN Newsdesk for Saham Indonesia.
Wednesday, April 29, 2009
Asia-Pacific Markets on Tuesday: The Impact of The Swine Flu
How about Jakarta Composite (Indeks bursa saham Indonesia) today? Let's see....
Stock markets across the Asia-Pacific region closed sharply lower on Tuesday on renewed worries about the impact of the swine flu outbreak on global trade and consumer confidence after the World Health Organization raised its pandemic alert level to the highest level since the warning system was adopted in 2005. While hotel, airline and tourism-related stocks came under selling pressure for a second day, financials took a fresh hit on concerns U.S. banks may have to raise more capital.
The Japanese market plunged to close near the day's lows, weighed down by disappointing fiscal 2009 corporate earnings, renewed concerns over the U.S. financial system and the yen's advance against the U.S. dollar. Stocks fell almost across the board, but land transport and electricity and gas stocks bucked the declining trend. The benchmark Nikkei 225 index fell 233 points or 2.67% to 8,494, the lowest level since April 1, while the Topix index of all First Section issues on the Tokyo Stock Exchange closed at 812, down 21 points or 2.53%.
Shipping stocks extended their downtrend on dismal earnings and a bleak outlook. Mitsui O.S.K Lines plunged 7.48%, Nippon Yusen plummeted 8.27% and Kawasaki Kisen slumped 6.74%.
Automakers and other exporters also came under significant selling pressure as the Japanese yen hit the 95-yen level against the U.S. dollar. Steel stock JFE Holdings plummeted 6.77% and Nippon Steel tumbled 5.23% on analyst downgrades. Meanwhile, Chugai Pharmaceutical extended gains on expectations of strong sales of the Tamifu flu drug. East Japan Railway surged up 7.63% on announcing a share buyback.
The Australian market closed lower, weighed down by weakness in the banking sector. The benchmark S&P/ASX200 closed at 3,708, down 23 points or 0.62% and the broader All Ordinaries index fell 18 points or 0.5% to 3,672.
Big miners closed mixed amid decreases in metal prices overnight. While Rio Tinto rose 2.79%, its rival BHP Billiton fell 1.02% and Iluka Resources declined 0.90%. Gold miner Newcrest Mining fell 1.87% and Lihir Gold moved down nearly 3% due to falling gold price.
National Australia Bank tumbled 3.45% after the bank's first-half net profit fell slightly toA $2.66 billion on higher funding costs and rising provisions for bad loans. Commonwealth Bank closed down 0.76%, Westpac Banking moved down 1.50%, Macquarie Group slipped 0.69% and ANZ declined 1.31% ahead of its earnings announcement on Wednesday.
In the oil and gas sector, Woodside Petroleum and Oil Search slipped around 0.20% each and Santos moved down 1.86%. Retailers Woolworths and Harvey Norman Holdings also ended in the red.
The South Korean market tumbled on heavy institutional selling. The benchmark KOSPI fell 40 points or 2.95% to 1,300, the lowest closing level in about three weeks. Volume was significant at 746.19 million shares worth 7.52 trillion won (US$5.54 billion) and decliners outnumbered gainers by 737 to 142.
Shipbuilder Hyundai Heavy Industries tumbled 5.02% after its new orders plunged 83% in the first three months of this year due to decreased demand for new vessels. Samsung Heavy Industries fell 4.48% and Daewoo Shipbuilding slumped 6.93%
Asiana Airlines fell 3.25% and Korean Airlines moved down 2.38% on concerns that the industry would be hit hard by the swine flu outbreak. Tech stock Hynix Semiconductor plunged 8.79%, market heavyweight Samsung Electronics moved down 1.71%, LG Display LCD tumbled 4.32% and LG Electronics ended down 1.96%.
Hong Kong’s Hang Seng Index, which saw some strength in early trading, fell below the unchanged line in early afternoon trading. The index traded below the unchanged line for the remainder of the session to close down 285.31 points or 1.92% at 14,555.
Thirty-five of the forty-two index components ended the session lower, while three stocks ended unchanged. Shopping Property, Bank of East Asia, Sino Land, China Mercantile Holding, Citic Pacific, China Resources, FIH, Ping An and Chalco were among the notable decliners.
The Indian market tumbled as funds and retail investors squared their long positions ahead of the expiry of April series derivative contracts on Wednesday. The benchmark for the Indian market, the Sensex ended at 11,002, down nearly 370 points or 3.25% from the previous close.
Among the other markets in the region, China's Shanghai Composite index slipped 0.16%, Hong Kong's Hang Seng index fell 1.92%, Singapore's STI Straits Times index shed 0.56% and Taiwan's TWII Weighed index closed down nearly 2%.
Dikutip dari ADVFN Newsdesk for Saham Indonesia >


