One Type of Trader, Stock Markets in the World falling

Trading of shares in the world throughout Friday, May 7, 2010, dropped sharply yesterday. Index plunging share prices on Wall Street gives "a domino effect" for the overseas bourses.

In trading until last night, the stock price index number of the major exchanges in Asia and Europe continued to fall.

In addition to the debt crisis triggered by the potential spread of the Greek economy can be bad for Europe and eventually overseas, a storm in the stock market yesterday the Dow Jones also sparked a "free fall" is almost 1000 points. The cause significant drop in the Dow Jones was allegedly drastically to an error in the sale of shares via the computer system. Supervisor exchanges are investigating the news that there is a broker who is typing a computer button. Traders suggested that it would sell its stake of USD 16 million, but that she typed was USD 16 billion.

The mistake was enough to trigger a selloff in shares of large scale. Such an oversight, it seems, be fixed. Manager of the New York stock market (Wall Street) states there is no interference with the main computer system. However, he did not specify whether there really is a typo brokers.

Following the developments on Wall Street, equity trading in Asia continue to decline. At the close of trade yesterday afternoon, Japan's Nikkei 225 fell 331.10 points (3.1 percent) to 10364.59 and South Korea's stock in the index also decreased 2.2 percent to 1647.54. Hangseng in Hong Kong stock index fell 0.7 percent to 19993.05 and the index on the Australian Stock Exchange manicured 2 percent, while China's 1.5 percent.

In Europe, the index of stock prices in a number of main stock sank Friday morning trading in spite of local time (Friday afternoon GMT) just a few minutes to open. This situation is seen in the UK stock exchange (1.3 percent), Germany (1.1 percent) and France (2 percent).

Since last week the investors reading signs bertumbangannya this stock market index after the debt rating agency Standard & Poor's lowered the rating of the Greek neighbors who are also users the euro, Spain and Portugal. 'I am very concerned about the problems of Greece, "said Japanese Prime Minister Yukio Hatoyama told reporters after they returned to see the Nikkei index tumbled.

Apparently, the Greek debt crisis is no longer just a European problem, but has become a world concern. Aka G7 group of developed countries would hold meetings related to the debt crisis of the Greek post amblasnya global stock market yesterday.

Japanese Finance Minister Naoto Kan, said European countries would probably have to explain about the measures taken together with the International Monetary Fund (IMF). "I think later we were not asked to take certain actions, such as the intervention currency," Kan added.

A wave of selling that occurred in global stock markets makes the Indonesian Stock Exchange (IDX) participate in the earthquake affected. Until the stock trading ended yesterday, Composite Stock Price Index (CSPI), slipping 2.54 percent to 2739.33 level.

All sectors of the stock sending the red signal. Experienced the largest decline in mining stocks, various industries, and construction. Effective from 30 stock price goes up, prices down 185, and 43 share price is fixed.

''No there is a resistance in the last session of the JCI, the buyer makes a significant decline. Maybe it's because a lot of margin transactions,''said the stock markets analyst from Airlangga University Herlambang Leo yesterday.

Regulators should start looking at the margin and short selling transactions that JCI did not fall too deep. Total value of transactions which were recorded at Rp 5.67 trillion and the volume was recorded 8.70 million lots, with a frequency of 93 160 times.