Oh, mau gigit Astra Agro Embah sayang? Jangan menyesal ya. --^^_^^--
 sumpah aq ngakak baca ini........Btw pak Oen ma El sering sama tujuan yah???? 
Aq perhatikan kok gt, paling beda2 dikitlah. Kl ma mbah bedanya banget....El 
nitip salam buat Dul yah...--- Pada Jum, 18/7/08, Elaine Sui <[EMAIL 
PROTECTED]> menulis:
Dari: Elaine Sui <[EMAIL PROTECTED]>
Topik: [obrolan-bandar] August 1998, Reuters
Kepada: obrolan-bandar@yahoogroups.com
Tanggal: Jumat, 18 Juli, 2008, 7:14 AM










 






    
            This is what the news looks like ten years ago. Russia (a super 
power country, at that time) defaulted its long term debt, which caused fear 
across the world. Now US is facing the same problem.

Oh, mau gigit Astra Agro Embah sayang? Jangan menyesal ya. --^^_^^--


Elaine

Friday, August 28, 6:35 am Eastern Time



FOCUS-Indonesia shares dive, more pain seen ahead

By Andrew Marshall



JAKARTA, Aug 28 (Reuters) - Jakarta's main share index dived more

than four percent on Friday, crashing through support at 350 points

as markets tumbled across the globe, and dealers said further losses

next week could pull it below the 330 level.



The Jakarta composite share index dropped 15.92 points, or 4.5 percent,

to 339.02, its lowest close since January 1993. The blue-chip LQ-45

index sank 5.6 percent to 71.98 points.



``The market has taken a battering and it is out of our hands, it's

not because of anything that's happening in Jakarta,'' said Andre Cita,

associate director at Jakarta's Bahana Securities.



``This is a regional shakedown because of what is happening in Russia.

Everyone else is tumbling, so we are too.''



Dealers said financial turmoil in Russia was battering markets around

the world. The Dow slumped 4.19 percent to 8,166 points, its lowest

level since February, and Japanese shares ended at a 12-year low.



But some dealers said domestic factors were also at work in undermining

the Jakarta index. The half-year results season is under way, with

several firms reporting heavy losses after more than a year of economic

crisis in Indonesia.



``Markets across the region have been hit by renewed fears of a global

economic downturn unleashed by Russia's meltdown. Our own earnings are

not giving any cause for confidence either,'' one dealer said.



Indonesia's rupiah escaped the carnage in equity markets, however,

breaking through the key 11,000 to the dollar level.



But despite the currency's gains, dealers said shares were likely to

fall further next week.



``It looks like the U.S. market is going to get another hit, and if

that happens it will make the markets here pretty nervous,'' Cita said.



Arie Supangat, a dealer with Tifa Securities, said that after support

at 350 points was broken, the next support level was at 330 points.



Some analysts said Jakarta could be cushioned to some extent by the

fact that it has already fallen so far over the past year. The market

hit a record high of 742.95 points on July 9 last year.



``This market was already so depressed that maybe it will at some

point decouple from events in the United States, because they have

already overshot,'' Cita said. ``Jakarta is so incredibly low at this

point that it could decouple.''

      

    
    
        
         
        
        




        




        
        


        
        
        




      
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