Time to Buy Mutual Funds
Composite Stock Price Index (CSPI) has continued turmoil and decline phase.This is evidenced by the fall Indkes more than 200 points to 3400 levels. However, this condition became an opportunity for mutual fund investors do subscription oradditional investment.
Why is that? Because the condition of Indonesia’s economic fundamentals are still awake, the issuer’s financial performance is still strong growth. This means that valuations of big cap stocks currently classified as less expensive, andinvestment akulumasi be one step in the right.
For those who do not want to do the subscription, is also no need to panic. With the character of long-term investment, mutual funds are still relatively safecompared to direct investment in the stock market.
“Mutual fund’s investment portfolio and there is diversification. If the stock’s rise,fall. He was much longer,” says Bonny.
And needs to be understood, that mutual fund investments should not be doneonly once or twice. But regular through dollar cost averaging scheme. Thus, therisk of volatility would be reduced.
“When was in. It could not be determined. Because of the mutual fund market timing was not. But go gradually, because it minimizes the risk. For those whoalready have (mutual fund) stay the course,” he explained.
Today the index is still in shambles, with the correction of moderate to deep and the largest in Asia. From the start JCI 3616.071, slipped to a position directly3470.83, 226.663 eroded points (6.14%).
Investors hunted, Gold Prices Continue to Skyrocket
Gold prices continue to skyrocket throughout trading on Friday, even to touch a record high in four decades. This occurs because the gold so the safest investments amid U.S. concerns about debt settlement.
The surge in gold prices has also been seen in the last two weeks due to investor fears of uncertainty in the European settlement of debt. And this week because of increased uncertainty in the U.S. debt problem.
In addition to gold, world oil prices also have also experienced a surge in the middle of the fall in U.S. consumer sector due kekhawtiran debt in Europe and the U.S..
The price of gold in the spot market trading on Friday up 0.3% to U.S. $ 1,591.50 an ounce. Prices would still fail to penetrate the previous level at U.S. $ 1594.16 on Thursday.
As for futures trading, gold prices for August delivery rose 80 cents to as low as U.S. $ 1590.1 per ounce.
Besides gold, silver prices also rose 2.2% to as low as U.S. $ 39.02 per ounce, close to the highest level in two months amounted to U.S. $ 39.34.
The price of gold is estimated to be translucent record at U.S. $ 1,700 an ounce within the next few months.
Transport Stockz Boost Wall Street
Stocks on Wall Street closed higher again in the trading session that is not too crowded. Shares of the transport sector scored most scintillating performance during trading.
Strengthening the shares held by the negative sentiment debt downgrades Portugal, which further eroded banking shares. Rate hike in China is also a concern of investors.
In trading Wednesday (06/07/2011), the Dow Jones industrial average closed up 56.15 points (0.45%) to a level of 12626.02. The broader Standard & Poor’s 500 rose 1.34 points (0.10%) to a level of 1339.22 and the Nasdaq gained 8.25 points (0.29%) to a level of 2834.02.
The Dow Jones Transportation Average closed up 1.2% and rose to a record high of 5566.07. The increase was led by rising shares of Con-Way Inc. up to 5.7%, after announcing improvements with improved economic well-being of employees.
Transport sector is seen as a barometer of economic activity because the activity as a signal of demand for shipments valued goods. Shares of FedEx Corp. appreciates 1.3% Union Pacific Corp. also rose to 0.8% to U.S. $ 106.59.
But the reinforcement was overshadowed by the decline in Portugal’s rating to ‘junk’, so it still raises concerns about the debt problems of the European Union. Shares of banking sector declined, with the KBW Bank Index dropped 0.7%, while Bank of America declined 2.4% while the Dow Jones largest lowering.
Stock trading is also very thin, with transactions on the New York Stock Exchange is only for 5.98 billion shares, below the average of last year which amounted to 8.47 billion shares.
Wall Street Hit by Profit Taking
Stocks on Wall Street weakened due to exposure to profit taking. U.S. employment data (the U.S.) are far below expectations.
Attenuation suffered by uncle sam stock, ending an eight-day rally Nasdaq. Although all the major indexes on Wall Street slid, but in a week they managed to add points.
U.S. employment data only increased 18,000 in June, well below even the lowest expectations of analysts. It is surprising investors who had just put the funds in capital markets.


