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Posts Tagged ‘The Debt Crisis’

Indonesia’s financial markets Thursday (06/05/2010) is still reeling. Negative sentiment coming from the external to the concerns about the debt crisis in Europe which led to regional and global stock sagging, as well as from the internal existence of the resignation of Finance Minister Sri Mulyani Indrawati.

Composite Stock Price Index on the trade at the Indonesia Stock Exchange slipped below 2800. While the rupiah against the U.S. dollar slumped to top 9200

CSPI first session closed 2.11 percent slumped 60.15 points at 2786.09 atay. Emitem-issuers of miscellaneous industrial and banking sectors led the index crash.

A total of 170 stocks fell this morning to dominate the trading session, compared to only 28 stocks rose and 47 shares remain stagnant. The total transaction value reached USD 2.62 trillion from 61 123 times the volume of transactions with 2.62 billion shares.

While the rupiah against the U.S. dollar also slipped through the levels of 9200, after a long stay in the range of 9000 was even stronger under 9000. RI currency was in a position of Rp 9252 per U.S. dollar.