JCI Falls 45.42 Points, Nikkei Hit By Tsunami

JAKARTA: Indonesia stocks this afternoon fell 45.42 points from 3,542.23 yesterday.

The Jakarta Composite Index (JCI) moved between 3,513.10-3,587.28.

Of 422 stocks holding up the index, about 50 stengthened but 169 dropped and 203 were unchanged.

Individually, the positive contributors were Bayan Resources 1.58 points, XL Axiata 1.51 points, Unilever Indonesia 0.90 point, and Garuda Indonesia 0.80 point.

A number of shares that restrained the index's move were Astra International -9.11 points, Bank Mandiri -5.47 points, Bank Central Asia -2.89 points, and United Tractors -2.76 points.

The index performace was reflected on negative contributions from nine sectoral indeces at Indonesia Stock Exchange, led by finance -33.69%, miscellaneuos industry -20.81%, mining -9.46%, as well as trade and services -8.09%.

BISNIS-27 Index lost -5.19 points to close at 308.91. The index moved between 305.80-314.04.

From regional market, wrote PT Monex Investindo Futures in its review, Japan's Nikkei was shaken by 8.9-magnitude earthquake that caused a ten-meter-high tsunami, sweeping through east coast of Japan's Honshu Island. Kospi was also reportedly tumbling down as construction sector was hit amid prolonged Middle East crisis.

Hang Seng fell on concern that Chinese monetary tightening continues due to 4.9% hike in February's inflation rate.(NOM)

bisnis.com

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Ten Big Lies of Multilevel Marketing

Ten Big Lies of Multilevel Marketing

Robert L. Fitzpatrick

The multilevel marketing (MLM) field grows, and its member companies multiply. Solicitations to join seem to be everywhere. Its promoters would like you to believe that it is the wave of the future, a business model that is gaining momentum, growing in acceptance and legitimacy, and will eventually replace most other forms of marketing. Many people are led to believe that success will come to anyone who believes in the system and adheres to its methods.
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