Kamis, 04 Juni 2009

[BRIGHT INFO] "Just a Note"

Good day to you.
U.S. stocks fell for the first time in five days, extending a global drop, as a report showed the nation lost more jobs than forecast, commodities slid and the Standard & Poor’s 500 Index traded at the most expensive in eight months.

Asian stocks rose for a fourth day, led by banks and energy companies, as faster-than-expected Australian economic growth and U.S. home sales fueled optimism the global recession is easing. Indonesia's index JCI rose 0.6 percent after its central bank cut interest rates by 25 basis points to 7 percent and pointed to more reductions to come.

Global Recovery
Bernanke sounded more confident that the U.S. recession would end this year than he had just one month ago, and he said the risk of a dangerous downward spiral in prices had receded.

Chinese purchasing manager’s index this week showed the country’s manufacturing industry expanded for a third month. Japan’s government last week raised its assessment of the economy for the first time in three years.

Real-estate companies in Hong Kong climbed after the Land Registry said the city’s homes sales jumped 42 percent by volume in May, the biggest increase since February 2008. Investors bought construction-related firms on Thailand.

Crude oil for July delivery fell to settle at $66.12 a barrel. Nickel slid 2.8 percent to $14,205 a ton, tin was unchanged at $14,500 a ton.

Maintain our positive outlook. For today’s I think we must look PGAS, TINS, INCO, ANTM, ADRO, INDY, UNTR and SGRO. We are more positive on commodity sector for better economic outlook. But don’t forget to accumulate property sector as ELTY and Ciputra Group especially on CTRP.

Liquidity still strong and Indonesian Rupiah strengthen to 10120 and it is very positive to our market.

“CORRECTION IS AN OPPORTUNITY’

[from a song “When you say Yes and I say No” {Jokes} “When you say Sell and I say Buy”]

[Personal Opinion ]
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DISCLAIMER: This report is issued by [BRIGHT INFO]. Although the contents of this document may represent the opinion of [BRIGHT INFO]. We cannot guarantee its accuracy and completeness.

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