Staying in the Red Zone

Composite Stock Price Index (CSPI) closed the trading in the red zone last weekend, after the afternoon session experienced selling pressure on stocks of excellence. Closure Composite Index at the end of this week driven by market sentiment in Asia is also a red zone.
Almost all seed stocks experienced selling pressure from investors who decided to take profit-taking (profit taking). Only the shares of Astra International (ASII) still remained in the green zone.
Strong enough action happening on the sale of stock trading sentiment this weekend following the Asian regional bourses are also all experiencing a correction in today’s trading.
At the close of trading Friday (04/23/2010), Jakarta Composite Index closed down 1.8 points (0.06%) to the level of 2924.731. LQ 45 Index also fell 0.7 points (0.14%) to a level of 567.98.
Quite a busy trade with the frequency of transactions across the market to reach 96 675 times the volume of 4.645 billion shares worth Rp 3.206 trillion. A total of 86 shares rose, 108 stocks fell and 75 shares remain stagnant.
Asian bourses almost entirely through a correction. Only the Strait Times index who successfully turned into a positive direction.

• Shanghai Index fell 15.95 points (0.53%) to a level of 2983.54.

• Hang Seng Index fell 210.45 points (0.98%) to the level of 21244.49.

• Nikkei-225 index fell 34.63 points (0.32%) to the level of 10914.46.

• Straits Times Index rose 2.41 points (0.08%) to 2983.1.