Hee hehe..........berarti yang kemarin dijual habis2an mau diborong lagi
yah......mumpung harga lagi diskon.ok dah kalo geto.....
arnold <[EMAIL PROTECTED]> wrote:
Santa Claus rally..
tukang downgrade sahamnya melejit.. ayo bagi2 cuan dong di ISX
tanggal 26 :)
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Stocks Rise on Merrill Asset Sale
Monday December 24, 10:26 am ET
By Joe Bel Bruno, AP Business Writer
Stocks Gain After Merrill Receives $6.2 Billion Investment; Traders
Hope for Santa Claus Rally
NEW YORK (AP) -- Wall Street advanced Monday, boosted by news that
Merrill Lynch & Co. will receive an investment of up to $6.2 billion
from two investment groups.
Trading volume was light in Monday's abbreviated session -- a pro
forma occurrence a day ahead of Christmas when most stock markets
around the world are closed. Still, with only five trading days
remaining in 2007, investors will perhaps be looking for any
opportunity to tidy up their positions after a year that that brought
the return of volatility after several years of unusual calm.
Merrill Lynch provided the only significant news of the day. The
investment firm said it was receiving a widely expected cash infusion
from Singapore's government-controlled investment fund, Temasek
Holdings, and U.S.-based Davis Selected Advisers. The proceeds were
expected to cushion Merrill's mortgage-related writedowns for the
fourth quarter.
The nation's largest brokerage also said it would sell most of its
commercial finance unit to GE Capital. Terms of the deal weren't made
public.
"The market is tacking on strong gains from Friday, a last-minute
Santa Claus rally," said Peter Cardillo, chief market economist at
New York-based brokerage house Avalon Partners. "The Merrill Lynch
investment adds to stability in the market. I look at it as a vote of
confidence on the part of foreign investors."
Monday's gains have some investors hoping for a so-called Santa Claus
rally -- a year-end surge that often extends into the new year and
can burnish portfolios. On Friday, the Dow Jones industrial average
rose more than 200 points and, along with the other major indexes,
posted a gain of more than 1.5 percent for the session.
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