Indonesia shares moderate

admin — Tue, 24 Mar 2009 07:03:19 +0000

Indonesia shares last +0.5% at 2008.533 in moderate
volume, helped by expected rate cut by central bank later today, firmer IDR.
Resistance pegged at 2020. “Overall, buying looks moderate amid profit taking
by local funds,” says trader with Trimegah Securities. Foreigners net buyers of
IDR24 billion worth of shares so far. Bellwether Telkom (TLKM.JK) +1.3% at
IDR7,700 on bargain buying, Bank Rakyat (BBRI.JK) +0.8% at IDR6,750, but coal miner Adaro (ADRO.JK) down 1.5% at IDR1,350 on profit taking.

Vietnam shares

admin — Mon, 16 Mar 2009 06:45:12 +0000

Vietnam shares tipped to continue extending gains on
local buying amid rising inflows as more players move away from dollar savingsto enter stock market after major banks cap interest rates for dollar funds at 1.5% from June. “After strong gains in recent days, it’s reasonable to have profit-taking in select stocks, but because putting money in shares is expected to generate higher returns (than savings in banks), I think buying appetite will continue and the key index is forecast to hit 460 soon,” says trader; tips index in 450-455 range today after ending +3.3% at 440.56 yesterday.

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Indonesia shares moderate

Vietnam shares