Wednesday, November 10, 2010

Indonesia cheers Obama on Asia tour

U.S. President Barack Obama says more needs to be done to repair the United States' relationship with the Muslim world.Full Story...

Obama came to Indonesia's Jakarta Composite Index Print record good news for the Indonesian economy for Obama's arrival in Indonesia. Like the Indonesian media coverage about Obama coming to Indonesia is mentioned that the performance of the Composite Index (JCI) closed shiny even scored a new record in the history of the Indonesian capital market.

In trading Tuesday (9 / 11), stock index closed up 38.221 points (1.03%) to the level of 3737.484. LQ 45 Index rose 7.461 points (1.09%) to a level of 690.261. This achievement is the highest record in history of the Indonesian stock market. Previously, the highest level printed on 8 November 2010 in which stock index closed at 3,699.26 level.

Composite Stock Price Index (CSPI) close higher 38 points , with the strengthening of seed stocks in various sectors. The index had weakened in early trading by 0.13% down to 3694 levels. However, the index reversed course and immediately shot up until the afternoon session record new highs in 3739, before it finally closed in 3737 figures.

Vice President of Research PT Valbury Securities Nico Omer Jonckheere, inability of the index scored a new record was also driven by the euphoria of the arrival of U.S. President Barrack Obama to Indonesia.

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