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Monday, January 20, 2014

IDX stock suspension Cita Mineral Investindo



IDX stock suspension Cita Mineral Investindo


Indonesia Stock Exchange ( IDX ) suspended ( suspension ) stock trading Tbk PT Cita Mineral Investindo . ( Cita ) I started trading session on Tuesday , until further stock exchange announcement , because the stock price soared .

Head of Trade Division IDX , Andre P.J. Toelle in the disclosure mentioned , the cumulative stock price rose 550 job or 141.03 percent , which is the closing price on October 17, 2013 Rp390 to Rp940 per share be on January 20, 2014 .

Andre added Cita shares were halted temporarily in the regular market and cash market trading began the first session , Tuesday , until further stock exchange announcement .

The suspension was made ​​to allow sufficient time for market participants to consider any investment decisions in stock Cita .

Stock appealed to the parties concerned to always pay attention to disclosure of information submitted by the company.

 Composite Stock Price Index ( CSPI ) in Indonesia Stock Exchange ( IDX ) on Tuesday opened up 10.77 points, or 0.24 per cent to 4442.34 points .

While the index of 45 leading shares ( LQ45 ) rose 2.78 points ( 0.37 percent ) to a level of 751.24 .

Head of Research Securities Trust Reza Priyambada said strengthening of the rupiah to be one driver of the increase in the index IDX .

Stock markets in Asia, the majority were in positive territory , according to him , also add to the positive sentiment on the domestic stock exchanges and market participants will re- trigger taking long positions .

" Technically , it provides an opportunity reinforcement conditions . However always be wary of the persistence of profit taking which can inhibit the continued rise for BEI index , " he said .

While Team Technical Analyst Mandiri Securities stated China's economic slowdown could potentially cause the pressure of capital flows to developing countries , including Indonesia .

Looking at it , Tim Mandiri Securities Analysts estimate BEI index likely rose in a limited and will move in the range of 4414-4453 points .

In regional markets , the Hang Seng index fell 153.06 points ( 0.67 percent) to 23082.01 ; Nikkei index rose 214.37 points ( 1.37 percent ) to a level of 15856.80 and Straits Times gained 8.62 points ( 0.28 percent ) to 3137.41 position .

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