--- In obrolan-bandar@yahoogroups.com, "Karno" <[EMAIL PROTECTED]> wrote: > > http://finance.yahoo.com/q/bc?s=%5EJKSE&t=5d&l=on&z=l&q=l&c=% 5En225,%5Eks200,%5Essec,%5Ehsi,%5Esti > > Ati ati cina ngamuk >
Pak Karno, Sepertinya China mau meningkatkan GOVERNMENT SPENDING ($58 billion) untuk menstimulasi pertumbuhan yg mulai melemah. Amerika masih belum bisa diharapkan jadi China yg harus jadi Motor.. Akibatnya harga metal naek terutama Nickel yg naik 7% ... Asia Stocks Rise; China Gains on Government Support Speculation By Patrick Rial and Shani Raja Aug. 20 (Bloomberg) -- Asian stocks rose from a two-year low, led by China and Hong Kong shares on speculation the Chinese government will introduce measures to spur growth in the world's fastest expanding major economy. China Mobile Ltd., the world's largest cell-phone operator by users, gained 2 percent in Hong Kong, while Citic Securities Co., a unit of China's biggest investment company, jumped 10 percent, the most in 19 months. BHP Billiton Ltd., the world's largest mining company, and Cnooc Ltd., China's largest offshore oil producer, led gains among commodities producers as oil and metals prices rebounded. ``China is a very important economy both regionally and globally,'' said Kerry Series, head of Asia Pacific equities at AMP Capital Investors Ltd., which manages $108 billion. ``The economy has been slowing. The question has been what stimulus will the government introduce and when, and will that offset the decline of external demand.'' The MSCI Asia Pacific Index rose 0.4 percent to 123.39 as of 2:45 p.m. in Tokyo after closing yesterday at the lowest since July 2006. The gauge is down 22 percent this year as soaring inflation eroded economic growth amid mounting writedowns and losses at the world's largest financial companies. China's CSI 300 Index surged 6 percent, the biggest rally since April 24. Hong Kong's Hang Seng Index gained 1.6 percent. Most benchmark indexes in the region climbed, while Japan's Nikkei 225 Stock Average was little changed at 12,859. China Stocks Advance U.S. stocks fell yesterday, with the Standard & Poor's 500 Index losing 0.9 percent, after reports showed that wholesale prices rose and housing starts in the world's largest economy decreased. S&P 500 futures added 0.3 percent today. Toyota Motor Corp., the world's No. 2 automaker, fell after the Tokyo Shimbun reported the company will cut its global sales target. James Hardie Industries NV, the biggest seller of home siding in the U.S., tumbled after profit plunged. China Mobile rose to HK$93.40. In Shanghai, Citic Securities climbed 10 percent to 18.70 yuan, the most since Jan. 10, 2007. Ping An Insurance (Group) Co., the nation's second-largest insurer, rose 8.3 percent to 44.45 yuan. Shares advanced amid speculation regulators will summon major brokerages for a meeting tomorrow to discuss the declines in China, the world's worst performing stock market this year. A spokesman for the China Securities Regulatory Commission said he hasn't heard about the meeting. Government Intervention China's government is considering spending as much as 400 billion yuan ($58 billion) to stimulate the economy and may ease monetary policy this year, Frank Gong, head of China research at JPMorgan Chase & Co., wrote in a report dated yesterday. Measures would include tax cuts, stabilizing capital markets and boosting the housing market, he wrote. ``It's obvious that China doesn't want markets to slump any further,'' said Kenny Tang, director of Tung Tai Securities Co. in Hong Kong. ``I'm sure the government will intervene.'' BHP climbed 4.5 percent to A$38.68. Rio Tinto Group , the world's third-largest mining company, jumped 4.9 percent to A$116.76. Pacific Metals Co., a Japanese nickel producer, rallied 6.9 percent to 700 yen. Cnooc added 5.4 percent to HK$10.64. PetroChina Co., China's largest oil producer, gained 2.7 percent to HK$9.86. A measure of six metals traded on the London Metal Exchange, including copper and zinc, jumped 3 percent yesterday, the first gain in four days. Crude oil rose 1.5 percent in New York, while gold advanced 1.4 percent. Copper gained 3.6 percent and nickel surged 7.2 percent. Lower Sales Target ``There's still strong demand for a wide range of physical commodities, but how permanent this rebound in oil and metal stocks will be is hard to say,'' said Rob Patterson, managing director of Adelaide-based Argo Investments Ltd., which looks after about $3.8 billion assets. ``The volatility in financial markets is extreme, as we have seen today.'' Toyota, which makes three quarters of its sales outside Japan, lost 1.8 percent to 4,830 yen. The maker of Prius hybrid cars will lower its global sales target for 2009 to between 9.7 million and 9.8 million vehicles from 10.4 million due to slowing U.S. sales, the Tokyo Shimbun said, without citing anyone. James Hardie slumped 2.7 percent to A$4.38, set to close at its lowest since July 22. The company reported a 96 percent decline in profit as demand in the U.S. declined. U.S. housing starts dropped 11 percent last month, the government said yesterday, to the lowest level in 17 years. To contact the reporter for this story: Patrick Rial in Tokyo at [EMAIL PROTECTED]; Shani Raja in Sydney at [EMAIL PROTECTED] Last Updated: August 20, 2008 01:51 EDT
