FINANCIAL FREEDOM

The threat of profit taking (take profit) stock trading is still overshadowing the Indonesia Stock Exchange today.

“Today we expect the index will move mixed amid profit taking continued threat. The range of support-resistance today 2440-2489,” research analyst call Purwoko Sartono Panin Securities.

Yesterday, after a few days to move strengthened, eventually Composite Stock Price Index closed 0.62 percent weaker at the level of 2468.788. Profit taking place in several bluechip stocks that led to selling pressure in the JCI. Nevertheless, we evaluate the correction that happened yesterday is still in reasonable limits in the last 6 days the index has increased.

Stocks on Wall Street followed global markets lower on Thursday (19/11) local time, amid new concerns about the pace of economic recovery and downgrade the major companies in the U.S. technology sector.

Dow Jones Industrial Average slipped 93.87 points (0.90 percent) to end at 10,332.44, the second consecutive session decline.

Index of technology stocks Nasdaq composite fell 36.32 points (1.66 percent) to 2156.82 and the broad market index Standard & Poor’s 500 index retreated 14.90 points (1.34 percent) to 1094.90.

Wall Street opens with the main markets of Europe and Asia showed a loss, after the projection of the Organization for Economic Cooperation and Development (OECD) rebound “moderates” from the global economic downturn and leading the economy faced a dilemma over a large debt and rescue expenses. “The sentiment has been deteriorating throughout the world,” said Michael Bratus from Moody’s Economy.com.

Camilla Sutton of Scotia Capital said the OECD report has been seen in a negative context because it noted “that there are strong headwinds that will maintain the level of unemployment and high inflation for some time.”

Joseph Hargett of Schaeffer’s Investment Research said the technology sector under pressure after a broker downgraded the major companies in that sector. “Rally seems to fade bullish on Wall Street, and traders seemed ready to take some profits off the table,” he said.

He said Bank of America Merrill Lynch downgraded the company from eight microchips, including Intel and Texas Instruments, based on “concerns that the stock is too high, unless there is a sharp improvement from the global economy.”

JAKARTA – Indonesia: Government perpetrator SMEs seek technological literacy by providing information technology training so that they could use in the production, marketing, and development of their business.

In an effort to achieve these targets, the government through the BPPT in cooperation with the Office of Coordinating Minister for Economic Affairs, provides various training to the entrepreneurs at the Center for Innovation (PI) MSMEs.

“The budget for the PI-SME is approximately Rp20 billion per year. The fund is prepared by the Office of Coordinating Minister for Economic Affairs,” said Head of BPPT Marzan Aziz Iskandar on the sidelines of the event giving PI-SME Award 2009 today.

According Marzan, through various training, targeting the perpetrators BPPT technology-based SMEs and become innovators. “So they can take advantage of technological sophistication in the recording business like how to sell products through online, how to design marketing strategies, produce, and others,” he said.

He mentioned the growth of MSMEs in Indonesia actors in the last three years quite rapidly, up to 4 million people, or About a 1.3 people per year. “It’s a big enough potential as economic actors. If they were given training and knowledge of technology that can support their efforts, you can imagine how the increase in the SME entrepreneurs.”

PI-Marzan tells SME Award is one of the training programs to reward innovators and or micro, small and medium enterprises, for their efforts to use and develop science and technology.

The activity begins with an innovative SME training conducted 16-19 November at the Department of Partnership Business Incubator University of Indonesia. “Today is awarded to the winner, while launching the PI-SME Portal,” said Marzan.

Winner Award SME PI-2009 I was the champion of the Great Maestro Setiadji Heri Stone Art creative industry, winners of the Second Mira Rivai, creative industries, Iskandar Muda III champion of the manufacturing industry. The nominees or finalists who join PI-SME training are 30 people from 67 applicants.