Wednesday, February 13, 2013

Market Sentiment Remained Upbeat Despite Holiday

Sentimen Pasar Masih Optimis Kendati Libur

Monexnews-Although today (11/2) most of the Asian exchanges closed on holidays, but the market participants still appear optimistic that in trade tomorrow, the market will be tertopang by the positive sentiment.

Regional markets will rely on global market sentiment mainly from Wall Street stock exchange ended on a sunny last weekend (Fridays, 8/2). Even the Nasdaq Index hit the highest level in the last 5 years is driven by technology sector stocks. While the S&P Index 500 also leapt to the highest level recently after a series of domestic and international economic reports were positive.

Economic Data on Friday and then revealed that the number of trade of China and Germany are both experiencing a positive reinforcement, while the U.s. trade deficit declined in December, so that it shows an increase in global demand. And these reports give rise to optimistic attitude in the market that feels to enter earlier this week.

At the close of trade last Friday (8/2), the Dow Jones index ended up + 48,92 points (0.35 percent) to 13.992,97 level. S&P 500 index climbed 8.54 points (0.57 per cent) to the level of 1.517,93. Then the Nasdaq Index surged 28,74 also ride + points (0.91 percent) to as low as 3.193,87.

Almost all the exchanges in Asia closed today greeted the day Chinese new year or new year China. Bursa-bursa which cover, among others, China, Hong Kong, Singapore, South Korea, Malaysia, Japan and Taiwan.(dar)



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Title Post: Market Sentiment Remained Upbeat Despite Holiday
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