Index Harga Saham Dunia
JCI : 2,929.59
All Ordinaries : 4, 574.10
Hang Seng : 20,286,710.00
Nikkei 225 : 9,995.02
Dow Jones : 10,450.64
Menggoreng Saham
Menggoreng saham dan pengaruhnya terhadap investasi
Ternyata, yang bisa digoreng tidak hanya pisang. Saham pun bisa di goreng sehingga harga saham yang digoreng ini melambung tinggi. Namun bagi para investor hati-hatilah terhadap saham goreng ini, karena bisa-bisa tidak senikmat pisang goreng panas, justeru kepala Anda yang akan dibikin panas.
Kenapa demikian? silakan simak artiket tentang saham goreng dan pengaruhnya terhadap harga saham berikut ini. Perhaps the investors in the stock market ever heard the term Frying Shares. But maybe there who do not know what was meant to fry the stock and how it works will try briefly discussed in this paper.
Fry stocks or in foreign countries known as the “Stock Cornering” is basically a technique used by speculators to collect all or most of the existing inventory of a stock market (“dry” supplies a share) in order to raise the price of these shares in accordance these speculators desire. This occurs because when the demand for a stock is constant or increasing but supply is not in the stock market, the price will automatically rise and speculators can sell these shares in the market at a price that was high.
There are many ways in doing this the stock pan. In some cases sometimes – sometimes happens cooperation between several parties such as between securities companies or even companies whose shares may officials fried. This was because the funds needed for this share is big enough to fry. One way to do the frying of shares is to utilize the “repo” shares are shares to be purchased fried pledged as much as possible and hold (in return for interest costs), continue to obtain loan funds used to purchase more shares to be fried, continue on longer-repo . This process can be carried out continuously until the speculators can hold a majority of shares to be fried.
Afterwards, the sales process is carried out by blowing the issue – issue to market. In addition to use the issue, the process of raising prices of these shares could also be done by cooperating with other securities companies, securities firms who do this work to the purchase of shares which are fried at a certain price which increased continuously constrained so that the market reacts and increases the demand for these shares and Hargapun ride. At a certain price level target, then the speculators are releasing all the shares held. And usually after this if it’s fried fundamentals of this company whose stock is not supported, then the stock price will fall. And last shareholders will suffer losses.
Explanation of the above just one of many techniques which is run by speculators in the stock market. However, usually common stock are frying stocks are not many players who or shares – two or three classes of shares whose price is still cheap, and investors are still a bit making it easier for speculators to buy up and control the price because the volume is not too large. But usually fried action of these shares will be difficult to happen in stock “blue chip” or shares – who shares the holder of many parties equally or not dominated by one faction only.
Basically the stock above the frying process was unlawful in some countries and the players can apply the criminal law. Various exchanges in the world already has some mechanism to prevent the cooking action of these shares, but in practice there is sometimes a gap that can be exploited by speculators. Sometimes, some of exchange authority “approving” cooking practices of these shares, with the aim to get the transaction fee. Because like it or not, the practice of frying these stocks go up the volume of trade transactions in the stock market.
For investors with limited funds, should be – the heart and examine the practice of this stock pan. Investors should not always follow the hysteria market. So if for example there is a stock whose price suddenly rose and much sought after by investors, but no matter – it is the basis of significant increases and company fundamentals are not supportive, then the investor should review if intends to invest in these shares because the shares could be being fried by speculators. When investors to play on stocks that are fried, maka he did not have information on what level the shares are disposed of all the speculators akan utama dimana setelah melewati these positions usually akan langsung stock prices fell and investors who have already melakukan investasi will incur a loss.
Because it is very important for investors to analyze the performance of companies whose shares will be purchased and not just based on just the market hysteria. In this way will be known at what level the fair value of the shares of these companies that are not easy to get caught in the action frying stocks.
Harga Saham Aneka Tambang (Persero) Tbk (ANTM)
Below harga saham Aneka Tambang (Persero) Tbk (ANTM)
| From | Last | 1 Mth Ago | 3 Mth Ago | 6 Mth Ago | 12 Mth Ago | YTD |
|---|---|---|---|---|---|---|
| First. Date | 26-03-2010 | 01-03-2010 | 28-12-2009 | 28-09-2009 | 27-03-2009 | 04-01-2010 |
| First | 2,150 | 2,075 | 2,125 | 2,475 | 1,150 | 2,200 |
| Hi.Date | 26-03-2010 | 19-03-2010 | 11-01-2010 | 08-10-2009 | 13-08-2009 | 11-01-2010 |
| Highest | 2,225 | 2,250 | 2,400 | 2,725 | 2,775 | 2,400 |
| Lo.Date | 26-03-2010 | 01-03-2010 | 09-02-2010 | 09-02-2010 | 31-03-2009 | 09-02-2010 |
| Lowest | 2,125 | 2,050 | 1,920 | 1,920 | 1,080 | 1,920 |
| Last.Date | 26-03-2010 | 26-03-2010 | 26-03-2010 | 26-03-2010 | 26-03-2010 | 26-03-2010 |
| Last | 2,175 | 2,175 | 2,175 | 2,175 | 2,175 | 2,175 |
| From High | -50 | -75 | -225 | -550 | -600 | -225 |
| % From High | -2.25% | -3.33% | -9.38% | -20.18% | -21.62% | -9.38% |
| From Low | 50 | 125 | 255 | 255 | 1,095 | 255 |
| % From Low | 2.35% | 6.10% | 13.28% | 13.28% | 101.39% | 13.28% |
| Avg.Vol | 32,291,500 | 22,367,000 | 24,251,221 | 27,953,205 | 55,806,475 | 24,579,466 |
ANTAM’S AUDITED NET PROFIT AMOUNTS TO RP604.3 BILLION IN 2009 Home News, Reports and Events News Releases
| Jakarta, March 22, 2010 – PT Antam Tbk (IDX – ANTM; ASX – ATM) announces today consolidated audited net profit of Rp604.3 billion for full year 2009, a decrease of 56% over the previous corresponding period, due largely to decreased nickel sales and prices. Antam has previously anticipated lower performance in 2009 as global economic crisis lowered nickel demand and prices. As such, Antam lowered its ferronickel and nickel ore production and sales targets for 2009 compared to 2008 actual performance.
Antam’s President Director Alwin Syah Loebis said:
“Inline with the global economic crisis which lowered nickel demand and prices at the beginning of 2009, we lowered our ferronickel and nickel ore production and sales targets in 2009. We have accelerated the optimisation program of the FeNi III smelter and implemented agressive cost reduction program to better anticipate lower nickel prices. We were able to save more than Rp220 billion from effienciency programs as well as contracts renegotiation with our suppliers. In 2010, we will target higher ferronickel and nickel ore production and sales in line with improved demand and sales prices.” SALES REVENUE Antam’s sales revenue decreased 9% to Rp8,711 billion due to lower nickel prices and sales. Nickel prices decreased 32% to US$6.77 per lb. due to a global economic crisis which lowered nickel demand. The decreased global demand also lowered demand for Antam’s ferronickel and nickel ore. On the contrary, gold demand and prices increased sharply amidst decreased value of the US Dollar and increased global insecurity. Despite higher gold demand, Antam was unable to raise its gold production given the constraints of the underground gold mining at Pongkor mine. Gold was Antam’s biggest contributor in terms of sales in 2009 with a value of Rp4,321 billion or a 58% increase over 2008. Antam’s gold segment (gold, silver and precious metal refinery services) generated Rp4,786 billion in revenues in 2009, an increase of 64% over 2008. The gold segment accounted for 55% of Antam’s total revenues in 2009. Gold sales increased 31% to 12,893 kg due to increased demand. In 2009, gold production reached 2,626 kg, below the company’s target of 2,821 kg due to lower grades. Due to lower gold production, silver production in 2009 reached 22,589 kg, a decrease of 11% over 2008. Although Antam’s gold and silver increased significantly, this was not reflected in the profitability margins as 80% of gold and silver sales came from trading activities. However, due to increased sales volume and price, revenue from gold increased 58% over 2008 to Rp4,321 billion. Antam’s realised gold price of US$970.97 per toz. was an 11% increase over 2008. Sales of silver rose 153% to 87,187 kg inline with higher trading activities. Higher sales volume coupled with a 5% increase of silver price of US$15.01 per toz. resulted in revenue from silver rising 174% over 2008 to Rp429 billion. In 2010 Antam expects gold production of 2,580 kg and additional 500 kg from Cibaliung Project as well as total sales of 7,980 kg, including trading, respectively. Antam will target silver production and sales of 23,474 kg and 50,494 kg, including trading, respectively, in 2010. Antam’s sales of contained nickel decreased 17% over 2008 to 14,191 tonnes. Actual sales were higher than the annual target of 14,000 tonnes. Antam’s production of ferronickel reached 12,550 tonnes of contained nickel in ferronickel. Actual ferronickel production exceeded projection of 12,000 tonnes of contained nickel in ferronickel due to consistent power output following the optimisation on FeNi III smelter. Antam currently operates the FeNi III smelter at 90% of maximum capacity. Due to the lower sales and a 32% lower average selling price of US$6.77 per lb., revenue from ferronickel decreased in 2009 by 39% to Rp2,147 billion. In 2009, Antam produced 3,249,413 wmt of high grade nickel ore and 2,601,916 wmt of low grade nickel ore, totaling 5,851,239 wmt. Annual production of nickel ore exceeded internal target of 5.1 million wmt, albeit an 11% lower over 2008. Antam’s sales of high grade nickel ore and low grade nickel ore amounted to 3,323,876 wmt and 1,577,823 wmt, respectively. Total nickel ore sales of 4,901,699 wmt exceeded internal target of 4.3 million wmt albeit an 8% lower compared to 2008. Inline with lower sales volume and prices, revenue from nickel ore decreased 43% to Rp1,696 billion over 2008. In 2010, inline with higher expectation of nickel demand and improved capacity of Antam’s FeNi III smelter, Antam expects ferronickel production of 18,500 tonnes with sales of 19,000 tonnes. Antam targets nickel ore production of 6.15 million wmt consisting of 3.5 million wmt of high grade nickel ore and 2.65 million wmt of low grade nickel ore. Sales of nickel ore is estimated at 5.35 million wmt consisting of 3.5 million wmt of high grade ore and 1.85 million wmt of low grade ore. Antam’s bauxite commodity generated Rp79 billion in sales, contributing 1% to Antam’s consolidated revenues. At the end of 2009 Antam ceased mining activities at Kijang bauxite mine due to the depletion of bauxite reserves.
COST OF SALES The cost of sales rose 8% to Rp7,513 billion. The main factor for the increase was increased costs related to precious metals trading. The other four main components of the cost of sales were ore mining services, fuel, depreciation and materials. Costs related to precious metals purchase, the largest cost component, rose 93% to Rp3,783 billion inline with increased trading activities of Antam’s gold and silver. Around 80% of Antam’s gold and silver sales in 2009 came from purchasing gold from third parties. Costs related to precious metals purchase accounted for 51% of total production cost (Antam’s cost of sales before adjustments for inventories). The second largest cost component was from ore mining services, which decreased 23% to Rp1,015 billion due to lower mining services tariff and nickel ore production, respectively. Ore mining services accounted for 14% of Antam’s production cost. As Antam produced less ferronickel in 2009 and coupled with lower MFO and IDO prices, total fuel cost, the third largest cost component after ore mining, decreased by 39% to Rp612 billion. Fuel accounted for 8% of Antam’s production cost. Around 98% of total fuel was consumed at Pomalaa to process nickel ore into ferronickel. In 2009 Antam consumed almost 113 million litres of fuel, with 94% in the form of Marine Fuel Oil (MFO). Antam also uses Industrial Diesel Oil (IDO) and High Speed Diesel (HSD). The average price of MFO was 13% lower over 2008 at Rp4,615 per litre while the average price of IDO also fell 37% to Rp5,371 per litre. Antam’s depreciation costs increased 7% to Rp511 billion. The largest depreciation charges came from machinery depreciation at Pomalaa and accounted for 73% of Antam’s total depreciation costs. Depreciation at the Pongkor gold mine accounted for 26% of Antam’s total depreciation costs. Materials costs decreased by 41% to Rp462 billion due to lower ferronickel production. Materials are associated with consumables related to ferronickel production.
GROSS PROFIT AND MARGIN Inline with lower revenue and higher cost of sales, Antam’s gross profit decreased by 55% over 2008 to Rp1,198 billion. As such, Antam’s gross margin was lowered to 14% from 28% in 2008.
OPERATING EXPENSES Antam’s operating expenses decreased 35% to Rp610 billion. The main factor for the decrease was the expense for exploration, which decreased 53% to Rp64 billion and a 48% lower sales and marketing expenses to Rp78 billion. General and administrative expenses were 28% lower at Rp468 billion. Lower sales and marketing expenses was due to lower ferronickel sales, as well as lower shipping tariffs due to lower fuel prices. Lower general and administrative expenses were due to a 15% reduction of labor costs at Rp180 billion.
OPERATING PROFIT AND MARGIN Antam’s operating profit decreased by 66% over 2008 to Rp588 billion. As such, Antam’s operating margin was lowered to 7% from 18% in 2008.
OTHER INCOME Antam’s Other Income decreased 3% to Rp196 billion compared to the Rp202 billion of 2008. The main reason for the decrease was due to increased finance charges related to translational foreign exchange losses. Antam booked foreign exchange losses due to larger US dollar assets and as the Rupiah strengthened in 2009, it had the effect of making Antam’s US dollar assets worth less in Rupiah terms. Antam posted a Rp287 billion of finance charges compared to Rp218 billion of charges in 2008. Antam’s dividend income from its JV with Newcrest Australia, PT Nusa Halmahera Minerals, increased 27% over 2008 to Rp227 billion. Antam also received Rp119 billion from claims and penalties.
NET PROFIT AND MARGIN Antam’s net profit of Rp604.3 billion was 56% lower over 2008. Antam’s net margin of 7% was lower compared to 14% in 2008.
BALANCE SHEET
TOTAL ASSETS Antam’s total assets decreased 3% over 2008 to Rp9,940 billion in line with the 7% decrease in curent assets to Rp5,437 billion. In 2009, Antam’s current assets and non current assets amounted to Rp4,503 billion and Rp4,426 billion, respectively.
CURRENT ASSETS Due to the 15% decrease in cash to Rp2,774 billion as well as a 16% decrease in inventories to Rp1,170 billion, albeit higher trade receivables, other receivables and prepaid taxes, Antam’s current assets decreased 7% to Rp5,437 billion. Inline with the strong cash position of Rp2,774 billion, Antam is ready to accelerate its projects as well as other initiatives to grow. Antam held Rp2,306 billion of 83% of its cash in time deposits in several local and international banks. Around 90% of Antam’s cash was denominated in US Dollars, 6% was denominated in Rupiah and the rest was denominated in Australian Dollars. This is inline with Antam’s strategy to maintain its financial and liquidity position through placements in less risky, liquid with solid return investments. Antam’s cash was mostly denominated in US Dollar as most of Antam’s revenue is denominated in the same currency. Inline with the 14% depreciation of US Dollar against the Rupiah to Rp9,400 per US$1, Antam posted a Rp249 billion effect of translational foreign exchange rate fluctuation on its cash holding. Third party trade receivables increased 37% to Rp818 billion inline with increased receivables from Pohang Iron and Steel Co., Raznoimport Nickel (UK) Limited, Tricell (HK) Ltd. and Mitsui and Co. Antam believes the allowance for doubtful accounts are sufficient to cover the possibility of the non collectibility of outstanding accounts. Inventories decreased 16% to Rp1,171 billion resulting from a 60% decreased ferronickel inventory to Rp264 billion as ferronickel sales volume surpassed production volume. Antam posted higher inventories of gold, silver, nickel ore and bauxite. However, these increases could not offset the fall of ferronickel inventories. Antam’s prepaid taxes consisted of value added taxes which rose 26% to Rp163 billion due to higher goods and services purchases which included purchases related to the optimisation of FeNi III smelter and new equipments at the Pongkor gold mine.
NON CURRENT ASSETS Antam’s non current assets rose 2% to Rp4,503 billion over Rp4,425 billion in 2008 inline with increases in deferred exploration and development expenditures and estimated claims for tax refund. These increases were not offset by the decrease of investments in shares of stocks and goodwill. Antam’s fixed assets were relatively unchanged at Rp2,891 billion. Deferred exploration and development expenditures rose 25% to Rp781 billion due to increased exploration activities at Cibaliung, Pongkor, and Tanjung Buli. Antam’s estimate for tax claim refund rose 4% to Rp281 billion. Investments in shares of stock decreased by 21% to Rp73 billion. Investments in shares of stock consisted of Tango Mining Pte. Ltd. (in liquidation process), PT Meratus Jaya Iron and Steel (Antam’s joint project with PT Krakatau Steel to develop sponge iron in South Kalimantan) and PT Nusa Halmahera Minerals (Antam’s gold joint venture with Newcrest Australia in which Antam owns 17.5%).
TOTAL LIABILITIES Antam’s total liabilities decreased 18% to Rp1,748 billion due to a 29% lower non current liabilities of Rp1,001 billion albeit a 4% rise in current liabilities to Rp747 billion.
CURRENT LIABILITIES Antam’s current liabilities increased 4% to Rp747 billion due to 21% larger trade payables to Rp156 billion, 49% increase of other payables to Rp71 billion and 11% increase of accrued expenses to Rp227 billion albeit Antam’s current maturities of long term investment loans decreased by 6% to Rp240 billion and an 18% decrease at taxes payable at Rp16 billion. On December 21, 2009, Antam refinanced its loan facilities of US$51 million which consisted of US$31 million from BCA and US$20 million from Bank Mandiri. Bank of Tokyo Mitsubishi – UFJ provided the financing facility. Antam executed the refinancing to save interests through a more competitive cost structure. The term of the refinancing facility is for 2 years with a two-years fixed rate of 3% per annum.
NON CURRENT LIABILITIES Antam’s non current liabilities decreased by 29% to Rp1,001 billion inline with lower investment loans. Total invesment loans decreased 31% from US$74.3 million in 2008 to US$51 million in 2009 due to debt repayments. Pension and other post retirement obligations decreased 14% to Rp555 billion while provision for environmental and reclamation costs rose 9% to Rp158 billion.
TOTAL EQUITIES Antam’s equities rose 1% to Rp8,149 billion compared to Rp8,063 billion in 2008.
CASH FLOW Inline with lower production, sales and commodity prices, especially nickel, Antam’s net cash provided by operating activities decreased 12% to Rp1,004 billion. Inline with a Rp465 billion of cash for investing activities and a Rp800 billion of cash for financing activities, Antam’s cash amounted to to Rp2,774 billion in 2009. In 2010 Antam plans to accelerate the implementation of its projects inline with the strong cash position as well as expectations of improved prices.
CASH FLOW FROM OPERATING ACTIVITIES Antam’s net cash provided by operating activities decreased 12% to Rp1,004 billion due to a 22% decrease of cash receipts to customers to Rp8,338 billion albeit 4% lower payment to suppliers to Rp6,746 billion, lower payments to Commissioners, Directors and employees of 12% to Rp666 billion and 88% lower tax payments to Rp243 billion. In 2009 Antam posted cash receipts from income from penalty and insurance claim of Rp119 billion.
CASH FLOW FROM INVESTING ACTIVITIES Antam’s net cash used in investing jumped 29% to Rp465 billion as Antam conducted the optimisation program on the FeNi III smelter and installed new equpments at the Pongkor gold mine. In 2009 acquisition of fixed assets rose 49% to Rp449 billion. Antam also posted Rp126 billion disbursements for exploration and development expenditures, Rp19 billion acquisitions of investments in shares of stock and Rp138 billion in dividend income.
CASH FLOW FROM FINANCING ACTIVITIES Antam’s net cash used in financing activities decreased 66% to Rp800 billion largely due to lower payment of dividends. Payment of dividends dropped 73% over 2008 to Rp547 billion due to lower 2008 net profit. Antam also posted Rp233 billion in repayment of long term borrowings and Rp20 billion of payment of allocation for partnership and community development program. ### |
Asing Borong Saham Rp 1,93 Triliun, IHSG Sepekan Melesat 76,463 Poin
Jakarta – Indeks Harga Saham Gabungan (IHSG) melesat cukup tajam 76,463 poin (2,86%) sepanjang perdagangan pekan kemarin, seiring dengan terus masuknya arus modal asing dengan posisi beli bersih (net buy) sebesar Rp 1,93 triliun.
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Mekanisme Perdagangan Saham
The implementation process in the Exchange Trading : Trade Execution Process Remote : Trade Execution
Implementation of Securities on the Stock trading is done by using JATS facilities. Trade on the Stock Exchange can only be done by the Member Exchange (AB) which is also a Member of Clearing KPEI. Exchange members are responsible for all transactions conducted in Stock for its own sake or for the benefit of customers.
Exchange members are responsible for all Exchange Transaction settlement on behalf of members concerned Stock Exchange as stated in the DTB, including the Exchange Transaction which occurred in part because:
*Supporting tools errors and / or application Exchange members in order except the Remote Trading JONEC software error provided by the Exchange; and / or
*omissions or errors in executing PJPP supply or demand to sell and buy into the JATS; and / or
*negligence or error-RT IT Officer in the operation of equipment and or applications Supporting Exchange Members; and / or
*existence of unauthorized access is done through the Support Tools or applications and the Exchange Members.
Segments in the Stock Market
*Regular;
*Cash Market;
*Market Negotiations.
Rights Preemptive (HMETD) can only be traded on the Cash Market and the Market Negotiation in session I.
Settlement Transaction
Day Trade
Trade Securities in Regular, Cash Market and Market Negotiations conducted during the hours of trading on the Exchange each day based on JATS time.
Pre-Market Opening to be done every day Regular Exchange:
Cash Market Trading Hours:
Customer Orders
Orders that can be executed on the Stock Exchange by the Member is only limited orders (limit order), the order performed by the Exchange until the limit price set by the customers.
Offer to sell and customers buy or demand for securities other than HMETD only be transacted by the Members in Regular Stock, unless the customer instructed or agreed in writing that the offer to sell or buy request transacted in Cash Market or Market Negotiations.
Trade Unit
Trade in Regular and Cash Market trading must be in units (round lot) or a multiplication effect, which is 500 (five hundred) Securities. Trade Negotiations in the market do not use the trade unit (not round lot).
The unit price changes (fraction)
Notes
* Level of maximum change in the fraction of the price is 10x the price, still under the limit auto rejection and does not apply to pre-opening.
Fraction and the maximum level of price changes above apply to a full Exchange Day and adjusted on the next Exchange Day if the Closing Price is at a different price ranges. The maximum level of price changes can be made as long as not exceed the percentage limit Auto Rejection.
Auto Rejection *
Bid price and selling or buying a request to be included in bid price JATS is still within a certain price range. When entering the price of Exchange Members outside the price range it will automatically be rejected by JATS (auto rejection).
Limitation auto rejection current:
1. Bid price or offer to sell shares is less than USD 50, – (fifty dollars);
2. Bid price or offer to sell shares more than 35% (thirty five percent)
above or below the Reference Price for the shares with a price range USD 50, – (fifty dollars)
up from Rp 200, – (two hundred dollars);
3. Bid price or offer to sell shares more than 25% (twenty five percent)
above or below the Reference Price for the Shares with a price range Rp 200, – (two hundred rupiah)
up from Rp 5,000, – (five thousand rupiah);
4. Bid price or offer to sell shares more than 20% (twenty percent)
above or below the Reference Price for the shares with a price range of more than Rp 5000, – (five thousand rupiah).
Auto Rejection of application of the above prices, to trade shares of public bidding for the first time traded on the stock exchange (trading prime), set of 2 (two) times the percentage Auto Rejection price limits set forth in the above.
The reference price used to limit the highest price or lowest bid for shares entered into JATS in stock trading in Regular and Cash Market is determined as follows:
*Using the opening price (Opening Price) who terbentukpada Pre-Opening session; or
*Using the closing price (Closing Price) in Regular on the previous Exchange Day (Previous Price) if the Opening Price is not formed.
*In the event the Company recorded corporate action, then for 3 (three) days, respectively Exchange after the expiration of stock trading that includes a right (cum period) in Regular, reference price above using the Previous Price of each market (Regular or Cash ).
* in accordance with Circular SE-00001/BEI.PSH/01-2009 imposed on January 19, 2009.
Pre-opening
Implementation of trade in Regular starting with Pre-opening. Exchange members may enter the offer or sale and purchase requests in accordance with the provisions of the trade unit, the unit price change (fraction) and the provisions Auto Rejection.
Opening prices are formed based on the accumulated number of supply and demand selling to buy the most that can be allocated by JATS at a certain price on pre-opening period.
The entire bidding and selling or buying demand is not allocated in the Pre-opening, will be processed directly (without including the re-supply or demand to sell and buy) at the first session of trading, except for bid price and the sale or purchase request is beyond the boundaries of Auto Rejection.
Regular
Offer to sell and or purchase requests that have been incorporated into JATS JATS processed by taking into account:
1.Priority price (price priority):
Demand bought at a higher price has priority over a request to buy at lower prices, while offering to sell at a lower price has priority over the supply of which sell at higher prices.
2.Priority Time (time of Priority)
If the sale or supply purchase requests submitted at the same price, JATS give priority to requests to buy or sell bids submitted in advance.
Reduction of the number of effects on both the supply JATS selling or buying on the demand for the same price level does not result in loss of time priority. While the addition of both effects on supply and demand for sale bought for the same price level are treated the same as selling or offering to buy the new demand.
Exchange Transaction in Regular and Cash Market and binding occurs when the supply selling dijumpakan (match) with a request by JATS buy.
Negotiable Market
Effect on the Market Trade Negotiations done through a process of individual bargaining (negotiating directly) between:
*Members Exchange or
*customers through an Exchange Member or
*customers with Exchange Members or
*Members Exchange with KPEI
The results of the bargaining agreement is processed through JATS.
Exchange members can submit offers or requests to sell and buy via the information display board (advertising) and can be changed or canceled prior to the agreement executed in JATS. The deal began to tie in the event of penjumpaan between supply and demand for sale buy at JATS.
Settlement of Exchange Transactions
Regular and Cash Market
Exchange Transaction Settlement in Regular and Cash Market between Member and Member of Stock Exchange to sell buy guaranteed by KPEI.
- Regular Market Exchange Transaction must be settled on the Exchange Day-3 (T +3).
- Cash Market Exchange Transaction must be completed on the same Exchange Day (T +0).
Exchange Transaction Penyelesaiain done in Regular and Cash Market will be determined by KPEI Netting process and is made through book-entry securities and or funds to the account of the Securities Exchange Members who are entitled to KSEI.
In the case of Exchange Members obligation to submit sesuasi Securities held not by the provisions, the Exchange Members are obligated to complete its obligations with cash instead (ACS = Alternate Cash Settlement), the amount set at 125% (one hundred and twenty five percent) of the highest rates of Securities The same is happening in:
- Regular and Cash Market of the solution due on the same date; and
- Regular Market Session I on the settlement day maturity as above.
In the case of Exchange Member is not fulfilling its obligations to pay the KPEI as stated in DHK Netting, then the obligations of the Exchange Members must be settled in accordance with Regulation KPEI.
Exchange members are not fulfilling their obligations in the settlement of Exchange Transactions prohibited from engaging in commercial activity on the Stock Exchange up to KPEI reported to the Exchange that all the obligations of Member Exchange has been fulfilled and Exchange Members can be sanctioned in accordance with Exchange Rules.
Market Exchange Transaction Settlement Negotiations
Turnaround time in the Market Exchange Transaction Negotiations are set according to the agreement between AB and AB buying selling and resolved Per-transaction (no netting). If not specified, then the settlement of Exchange Transactions carried out at the latest on the Exchange Day 3 after the transaction date (T +3) or the same Exchange Day with the transaction date (T +0) for the last trading day Exchange Rights Preemptive .
Exchange Transaction Settlement Negotiations in Market-entry done directly by the selling Member and Member of Stock Exchange to buy and not guaranteed KPEI.
Transaction costs
Exchange members must pay a transaction fee to the Exchange, and KSEI KPEI calculated based on the value of Exchange Member pertransaksi as follows:
* Payable to the Exchange as Payer Pick, according to the applicable provisions.
Minimum transaction costs to be paid AB is Rp 2.000.000, – (two million rupiah) per month, including for AB in a state of suspension or freeze SPABnya;
Payment must be effective in the Exchange account every month no later than the calendar day of the next 12 months. In terms of calendar days to 12 (twelve) above falls on a Saturday or Sunday or a holiday then the obligation is effective on the next business day. Charged a late payment fine of 1% (one percent) per calendar day of delay.
Exchange members who do not fulfill their obligations no later than 5 days after the Exchange lampaunya payment deadline, then the next Exchange Members are also subject to a penalty of suspension until the completion of all obligations and payment of transaction costs penalties.
Detailed information regarding the procedures for securities trading can be seen in Exchange Rule Number II-A About Trade Securities.
Investasi Saham pada PT Bank Agroniaga Tbk. (AGRO)
Sebelum anda berniat Investasi Saham pada PT Bank Agroniaga Tbk. (AGRO), sebaiknya simak dulu index saham berikut ini :
| From | Last | 1 Mth Ago | 3 Mth Ago | 6 Mth Ago | 12 Mth Ago | YTD |
|---|---|---|---|---|---|---|
| First. Date | 15-03-2010 | 16-02-2010 | 16-12-2009 | 16-09-2009 | 16-03-2009 | 04-01-2010 |
| First | 131 | 145 | 127 | 235 | 235 | 141 |
| Hi.Date | 15-03-2010 | 22-02-2010 | 22-02-2010 | 17-11-2009 | 17-11-2009 | 22-02-2010 |
| Highest | 134 | 158 | 158 | 235 | 235 | 158 |
| Lo.Date | 15-03-2010 | 01-03-2010 | 01-03-2010 | 01-03-2010 | 01-03-2010 | 01-03-2010 |
| Lowest | 130 | 119 | 119 | 119 | 119 | 119 |
| Last.Date | 15-03-2010 | 15-03-2010 | 15-03-2010 | 15-03-2010 | 15-03-2010 | 15-03-2010 |
| Last | 132 | 132 | 132 | 132 | 132 | 132 |
| From High | -2 | -26 | -26 | -103 | -103 | -26 |
| % From High | -1.49% | -16.46% | -16.46% | -43.83% | -43.83% | -16.46% |
| From Low | 2 | 13 | 13 | 13 | 13 | 13 |
| % From Low | 1.54% | 10.92% | 10.92% | 10.92% | 10.92% | 10.92% |
| Avg.Vol | 3,705,500 | 33,011,184 | 25,169,819 | 12,639,191 | 6,137,549 | 27,138,940 |
Harga Saham PT Adaro Energy Tbk. (ADRO)
Harga Saham PT Adaro Energy Tbk. (ADRO) dan index harga saham harian yang berlaku saat ini dapat dilihat dala statistik berikut :
| From | Last | 1 Mth Ago | 3 Mth Ago | 6 Mth Ago | 12 Mth Ago | YTD |
|---|---|---|---|---|---|---|
| First. Date | 15-03-2010 | 16-02-2010 | 16-12-2009 | 16-09-2009 | 16-03-2009 | 04-01-2010 |
| First | 1,870 | 1,830 | 1,730 | 1,370 | 780 | 1,730 |
| Hi.Date | 15-03-2010 | 10-03-2010 | 14-01-2010 | 14-01-2010 | 14-01-2010 | 14-01-2010 |
| Highest | 1,880 | 1,910 | 2,075 | 2,075 | 2,075 | 2,075 |
| Lo.Date | 15-03-2010 | 19-02-2010 | 21-12-2009 | 16-09-2009 | 18-03-2009 | 04-01-2010 |
| Lowest | 1,860 | 1,780 | 1,650 | 1,360 | 730 | 1,730 |
| Last.Date | 15-03-2010 | 15-03-2010 | 15-03-2010 | 15-03-2010 | 15-03-2010 | 15-03-2010 |
| Last | 1,870 | 1,870 | 1,870 | 1,870 | 1,870 | 1,870 |
| From High | -10 | -40 | -205 | -205 | -205 | -205 |
| % From High | -0.53% | -2.09% | -9.88% | -9.88% | -9.88% | -9.88% |
| From Low | 10 | 90 | 220 | 510 | 1,140 | 140 |
| % From Low | 0.54% | 5.06% | 13.33% | 37.50% | 156.16% | 8.09% |
| Avg.Vol | 31,597,500 | 77,058,158 | 98,660,836 | 99,342,237 | 84,826,253 | 106,808,660 |
Index harga saham PT Adira Dinamika Multi Finance Tbk (ADMF)
Index harga saham harian PT Adira Dinamika Multi Finance Tbk (ADMF) adalah sebagai berikut :
| From | Last | 1 Mth Ago | 3 Mth Ago | 6 Mth Ago | 12 Mth Ago | YTD |
|---|---|---|---|---|---|---|
| First. Date | 15-03-2010 | 16-02-2010 | 16-12-2009 | 16-09-2009 | 16-03-2009 | 04-01-2010 |
| First | 8,100 | 7,700 | 6,800 | 4,250 | 2,400 | 6,800 |
| Hi.Date | 15-03-2010 | 02-03-2010 | 02-03-2010 | 02-03-2010 | 02-03-2010 | 02-03-2010 |
| Highest | 8,150 | 8,250 | 8,250 | 8,250 | 8,250 | 8,250 |
| Lo.Date | 15-03-2010 | 16-02-2010 | 21-12-2009 | 15-10-2009 | 19-03-2009 | 04-01-2010 |
| Lowest | 8,100 | 7,700 | 6,700 | 4,200 | 2,300 | 6,800 |
| Last.Date | 15-03-2010 | 15-03-2010 | 15-03-2010 | 15-03-2010 | 15-03-2010 | 15-03-2010 |
| Last | 8,150 | 8,150 | 8,150 | 8,150 | 8,150 | 8,150 |
| From High | 0 | -100 | -100 | -100 | -100 | -100 |
| % From High | 0.00% | -1.21% | -1.21% | -1.21% | -1.21% | -1.21% |
| From Low | 50 | 450 | 1,450 | 3,950 | 5,850 | 1,350 |
| % From Low | 0.62% | 5.84% | 21.64% | 94.05% | 254.35% | 19.85% |
| Avg.Vol | 14,000 | 12,237 | 30,517 | 53,805 | 105,405 | 27,760 |
Harga Saham PT Adhi Karya (Persero) Tbk (ADHI)
Index harga saham harian PT Adhi Karya (Persero) Tbk (ADHI) adalah seperti digambarkan berikut ini :
| From | Last | 1 Mth Ago | 3 Mth Ago | 6 Mth Ago | 12 Mth Ago | YTD |
|---|---|---|---|---|---|---|
| First. Date | 15-03-2010 | 16-02-2010 | 16-12-2009 | 16-09-2009 | 16-03-2009 | 04-01-2010 |
| First | 415 | 385 | 410 | 460 | 265 | 410 |
| Hi.Date | 15-03-2010 | 12-03-2010 | 05-01-2010 | 21-10-2009 | 13-08-2009 | 05-01-2010 |
| Highest | 415 | 420 | 425 | 495 | 510 | 425 |
| Lo.Date | 15-03-2010 | 19-02-2010 | 11-02-2010 | 29-10-2009 | 18-03-2009 | 11-02-2010 |
| Lowest | 405 | 375 | 370 | 365 | 260 | 370 |
| Last.Date | 15-03-2010 | 15-03-2010 | 15-03-2010 | 15-03-2010 | 15-03-2010 | 15-03-2010 |
| Last | 405 | 405 | 405 | 405 | 405 | 405 |
| From High | -10 | -15 | -20 | -90 | -105 | -20 |
| % From High | -2.41% | -3.57% | -4.71% | -18.18% | -20.59% | -4.71% |
| From Low | 0 | 30 | 35 | 40 | 145 | 35 |
| % From Low | 0.00% | 8.00% | 9.46% | 10.96% | 55.77% | 9.46% |
| Avg.Vol | 2,989,000 | 1,503,316 | 2,890,052 | 6,175,932 | 8,296,088 | 2,961,730 |
Index Harga Saham PT HM Sampoerna
Berikut ini Index harga saham/ forex trading/ stock index rokok sampoerna :
STATISTICS
| From | Last | 1 Mth Ago | 3 Mth Ago | 6 Mth Ago | 12 Mth Ago | YTD |
|---|---|---|---|---|---|---|
| First. Date | 12-03-2010 | 15-02-2010 | 14-12-2009 | 14-09-2009 | 13-03-2009 | 04-01-2010 |
| First | 13,500 | 13,900 | 10,300 | 10,200 | 10,500 | 10,550 |
| Hi.Date | 12-03-2010 | 11-03-2010 | 14-01-2010 | 14-01-2010 | 14-01-2010 | 14-01-2010 |
| Highest | 13,700 | 14,000 | 16,000 | 16,000 | 16,000 | 16,000 |
| Lo.Date | 12-03-2010 | 01-03-2010 | 28-12-2009 | 02-11-2009 | 28-08-2009 | 08-01-2010 |
| Lowest | 13,500 | 13,050 | 10,100 | 9,800 | 8,500 | 10,300 |
| Last.Date | 12-03-2010 | 12-03-2010 | 12-03-2010 | 12-03-2010 | 12-03-2010 | 12-03-2010 |
| Last | 13,500 | 13,500 | 13,500 | 13,500 | 13,500 | 13,500 |
| From High | -200 | -500 | -2,500 | -2,500 | -2,500 | -2,500 |
| % From High | -1.46% | -3.57% | -15.63% | -15.63% | -15.63% | -15.63% |
| From Low | 0 | 450 | 3,400 | 3,700 | 5,000 | 3,200 |
| % From Low | 0.00% | 3.45% | 33.66% | 37.76% | 58.82% | 31.07% |
| Avg.Vol | 9,500 | 11,579 | 41,169 | 37,105 | 60,235 | 47,786 |

