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Indosurya Weekly Report
First Week, June 2010
Your Investment Partner
Economy Indicator
European crisis began to subside, the stock market re-excited
U.S. stock indexes rose after the Senate approved the biggest change in financial systems.
Greek debt situation in some other Southern European countries are not considered long-
term impact as it did in the year 2008. China does not change the direction of bond
investment in the Euro Zone and still maintain an investment of US$ 300 billion. This positive
sentiment was made the Euro bounce back. In another hand, oil prices may be raised again
when the European crisis subsided and investors will focus on oil demand in developing
countries.
The existence of negative news has made investors panic
The rescue action of a small bank in Spain last weekend exacerbate the pessimism of the
financial health of European investors. Finally, four Spanish bank plans to merge and forming
the fifth largest financial group in that country with a value of more than € 135 billion or US$
167 billion. South Korea's financial markets fell sharply after a report that North Korean leader
Kim Jong Il ordered the military to war amid rising tensions in the Korean peninsula.
After drowning, JCI has raisen again
JCI successfully conduct a large leap of more than 100 points. JCI even managed to carve a
spectacular increase compared to the other Asia-Pacific stock market. Strengthening JCI
among others supported by stocks surge Bakrie Group. Bakrie group stocks soared after the
Supreme Court (MA) denied reconsideration Directorate General of Taxation on tax
investigation cases of PT Kaltim Prima Coal. Besides that, the increasing of JCI is also
supported by rising stock of PGAS and ASII. Investor are back into the market to hunt for
stocks