be careful for this week, don't buy anything

Composite Stock Price Index (CSPI) down 22 points due to rising investor concerns over European debt crisis following the Standard and Poor's downgraded one notch to A/A-1 Italy and maintains a negative outlook.

While the rupiah against the U.S. dollar (U.S.) opened lower at the position of Rp 8950 per U.S. dollar compared to yesterday's closing at Rp 8850 per U.S. dollar.

In preopening trading, stock index fell 21.227 points (0.56%) to a level of 3733.825. While LQ 45 Index fell 5.268 points (0.80%) to a level of 649.068.

Open trade on Tuesday (09/20/2011), JCI ambles 22.996 points (0.62%) to a level of 3732.056. LQ 45 Index fell 5.707 points (0.87%) to a level of 648.629.

Until around 9:35 JATS time, stock index fell 41.507 points (1.11%) to a level of 3713.545. While LQ 45 Index fell 9.618 points (1.47%) to a level of 644.718.

Yesterday, the Jakarta Composite Index slumped by 80 points due to selling pressure in the leading shares and tier two. Commerce runs sluggish because of the growing investor concerns related to the handling of the crisis in Europe.

Bourses in the region most affected by the correction after hearing bad news from the European zone. Only the Singapore stock market is still able to maintain its gain.

Here's the situation Asian bourses this morning:

     Shanghai Composite Index edged down 0.21 points (0.01%) to a level of 2437.59.

     Hang Seng Index fell 32.24 points (0.17%) to a level of 18885.71.

     Nikkei 225 index tumbled 124.42 points (1.40%) to a level of 8739.74.

     Straits Times Index edged up 5.06 points (0.18%) to a level of 2762.29.

While the rupiah against the U.S. dollar opened weaker at the position of Rp 8950 per U.S. dollar compared to yesterday's closing at Rp 8850 per U.S. dollar. This is the weakest position since the beginning of February this year.