Italian Interest High, Investors Worry

After three consecutive down days, Composite Stock Price Index (CSPI) has finally gone up 9 points. The investors buy the stock at the last moment of trading on Thursday (4/12/2012).

Thin composite index closed up 9.527 points, or 0.23 percent, to 4139.540. While LQ 45 index closed up 1.049 points, or thin 0.14 percent, to 709.257. Kompas100 index rose 3.14 points to 927.37. Previously, the index fell almost continuously throughout the trade, mainly driven by commodity stocks.

Foreign investors took profit again. They posted net sales of Rp 256.88 billion. Total trade amounted to Rp 4.88 trillion.

BI to hold the benchmark interest rate alias BI Rate at 5.75 percent position. The central bank looked at BI Rate still in line with inflation targeting and exchange rate stability.

The attention of market players are still fixed on the European region's debt crisis. Again increasing their lending rates on auction day Italian is sparking fears.

While nearly all the regional exchanges to strengthen. Shanghai index jumped 41.94 points, or 1.82 percent, to 2350.86. Hang Seng Index rose 186.65 points, or 0.93 percent, to 20327.32. Nikkei 225 index rose 66.05 points, or 0.70 percent, to 9524.79.