Dow Jones Industrial Average jumped 125.16 points (1.20 percent) at the opening to 10575.80.

The Nasdaq technology index rose 26.29 points (1.14 percent) to 2336.09 and the broader market index S & P 500 rose 12.14 points (1.09 percent) at 1129.65.

China Yuan reached highest level in five years on Monday after authorities allowed the currency more flexible in what is widely seen as a bid to avoid confrontation with Washington at the G20 summit this weekend in Canada.

United States has accused Beijing of unfair advantage in trade through Tura value of its currency that is not actually stated kedaan.

Yuan rises to around 6.7969 against the U.S. dollar in trading in China on Monday – strongest level since July 2005 but still within a tight trading and analysts say Beijing is not a sign of China’s promise of a big revaluation.

Some of them were PT Harvestindo Asset Management, PT Lautandhana Investment Management, PT Manulife Asset Management Indonesia, PT Nusadana Asset Management and PT Recapital Asset Management.

As is known, the government plans to raise the minimum capital limit for fund managers this year. The aim is to increase the capacity of investment manager in managing the funds of investors who increasingly swollen. The government still will provide a time limit for fund managers to boost their capital until the coming December 2011.

Here’s a list of 24 Mini’s capital:

1. PT. Nusantara Anugra Asset Management
2. PT. Capital Batasa
3. PT. Dongsuh Investment Management
4. PT. AM Asset Management
5. PT. Harvestindo Asset Management
6. PT. Intru Nusantara
7. PT. Insight Investment Management
8. PT. Finas Jisawi
9. PT. Lautandhana Investment Management
10. PT. Manulife Asset Management Indonesia
11. PT. Minna
12. PT. Natpac Asset Management
13. PT. Net Assets Management
14. PT. Nusadana Asset Management
15. PT. Optima Investama
16. PT. Pacific Capital Investment
17. PT. Pavilion Capital
18. PT. Peak Capital
19. PT. Prime Capital
20. PT. Prospera Asset Management
21. PT. Recapital Asset Management
22. PT. Reliance Asset Management
23. PT. Synergy Asset Management
24. PT. TDM Asset Management

“We submit that the news stating that the authorized capital of PT Nusadana Asset Management under the USD 25 billion is not true,” said Client Services & Marketing Communication PT Valentina Widyastuti Nusadana Asset Management in a rebuttal letter received Kompas.com.

He explained, Per August 2009, the authorized capital of PT Nusadana Asset Management (Company) is Rp 100 billion dollars and paid up capital is USD 25 billion rupiah.

“The increase in authorized capital and paid up capital of the Company have been conducted in accordance with applicable legislation and was approved by the Ministry of Justice and Human Rights on August 7, 2009, and has been listed in the system of legal administration at the date of August 20, 2009. The increase in capital is also has been reported to Bapepam-LK on October 7, 2009, “he said.

Meanwhile, the Capital Market Supervisory Agency and Financial Institution (Bapepam-LK) acknowledges the data on the entire paid up capital as investment manager (MI) listed in the Information Center of the Fund is not fully valid.

“The data does exist that have not been updated,” said Djoko Hendratto, Head of Investment Management Bureau of Bapepam-LK Hendratto Djoko was quoted as saying Kontan. He reasoned, data that have not updated it is still in the process of calculation.

Djoko can not be sure how the MI has been increasing its capital. “For sure, if MI is already have a product RDPT, meaning capital already paid USD 25 billion,” said Djoko.

Therefore, the rules of Bapepam-LK No. IV.C.5 about Investment Fund Limited Collective Investment Contract Investment in MI requires each must have a minimum paid up capital of USD 25 billion if you want to sell products RDPT. This rule itself has been applied since 2008 and then ..

In fact, before the market close, the Composite Stock Price Index (CSPI), slipping it down to 2926.29. Fit the market close, rose only 0.42 percent of JCI at 2941.90 position.

Under Bloomberg, the three major stock indexes muller is a stake in PT Telekomunikasi Indonesia Tbk (TLKM), PT Astra International Tbk (ASII) and PT Gudang Garam Tbk (GGRM).

TLKM share price slumped 1.86 percent to Rp 7,900. Meanwhile, shares of which had penetrated ASII 50,000 limit was eventually closed down 0.62 percent to USD 48 250. While stocks GGRM down 1.15 percent to USD 34 500.

While the three stock indexes are propelling the shares of PT Adaro Energy Tbk (Adro), PT Bank Central Asia Tbk (BBCA) and PT Indocement Tbk (INTP).

Adro stock prices soared 4.8 percent to Rp 2075. While BBCA climbed 1.75 percent to a level of USD 5800 and INTP rose 3.43 percent to USD 16 600 per share.

Overall there were 116 stocks experiencing price increases, 78 declined and 64 remained unchanged. Trade value reached USD 5.227 trillion, with total transaction volume amounted to 6.48 billion.

Some of them were PT Harvestindo Asset Management, PT Lautandhana Investment Management, PT Manulife Asset Management Indonesia, PT Nusadana Asset Management and PT Recapital Asset Management.

As is known, the government plans to raise the minimum capital limit for fund managers this year. The aim is to increase the capacity of investment manager in managing the funds of investors who increasingly swollen. The government still will provide a time limit for fund managers to boost their capital until the coming December 2011.

Here’s a list of 24 Mini’s capital:

1. PT. Nusantara Anugra Asset Management
2. PT. Capital Batasa
3. PT. Dongsuh Investment Management
4. PT. AM Asset Management
5. PT. Harvestindo Asset Management
6. PT. Intru Nusantara
7. PT. Insight Investment Management
8. PT. Finas Jisawi
9. PT. Lautandhana Investment Management
10. PT. Manulife Asset Management Indonesia
11. PT. Minna
12. PT. Natpac Asset Management
13. PT. Net Assets Management
14. PT. Nusadana Asset Management
15. PT. Optima Investama
16. PT. Pacific Capital Investment
17. PT. Pavilion Capital
18. PT. Peak Capital
19. PT. Prime Capital
20. PT. Prospera Asset Management
21. PT. Recapital Asset Management
22. PT. Reliance Asset Management
23. PT. Synergy Asset Management
24. PT. TDM Asset Management

In a decision released Monday (6/14/2010), Chairman of Bapepam-LK Fuad Rahmany explained, taken referee revocation of such capital markets due to a series of violations Eurocapital proven capital market. For example, in running the business as an investment manager, Eurocapital too late to meet redemption requests from PT BNI Life Insurance as a shareholder, mutual fund units Eurocapital Balanced Plus. Eurocapital has also bought shares without the consent of Realty owner of these shares, ie Track Ltd Tower.

In the brokerage business, Eurocapital proven not to make and keep records of transactions and customers with good financial condition. In fact, Eurocapital not save customer’s money separately, of whom the funds belong to National Reinsurance Wahjudi and PT of Indonesia.

rupiah weakened again against the dollar in trading in the spot market this morning, down 0.50% or Rp47 to Rp9.400 level, increasingly approaching Rp9.500.

In the last week, the rupiah closed at Rp9.353 level of U.S. $ 1. Mega Capital Indonesia recorded during the last week the rupiah weakened against the dollar at 9345 levels.

Based on Bloomberg monitoring until 9:07 pm, the rupiah in the spot market opened at 9360 levels and then move to the 9358-9403 range.

Central Bureau of Statistics will announce the January inflation data and the data export and import trade in office, this afternoon. Bloomberg estimated the median inflation rate last month’s estimate of 0.63%, higher than the December 2009 inflation rate of 0.33%.

On an annual basis, inflation in January projected for 3.51%, the highest rise since June after the December 2009 was recorded at 2.78%. Predicted core inflation of 4.42% from 4.28% previously. Economists and analysts predict exports also rose 23.9% in December compared with the previous year.

At the same time, yields on government securities that will mature in 2020 were recorded ebesar s 9.776%. These bonds have a coupon 11%.

However, Deputy Governor of Central Bank of China, Zhu Min, said that the revaluation will not improve the world trade imbalance.

In front of the World Economic Forum in Davos, he said China was trying to increase domestic consumption, but warned some time to ask for China’s increasing spending.

Zhu said Beijing has been maintaining the yuan exchange rate stable through the financial and economic crisis through his own stimulus package. “The move was good for China and also the world,” he asserted.

He also indicated that the revaluation will be done. Beijing has committed to the deal G-20 meeting in Pittsburgh, who says many countries will coordinate the exit strategy of a large stimulus package that was adopted to combat the slowdown of the world.

“If the world (partners) are ready to run the exit strategy is, China is ready … including on various issues – concerning liquidity, exchange issues,” he told the forum.

China is under pressure while maintaining yuan to remain weak against the dollar. Critics say China’s policy is to make China’s exports cheaper and triggering a large trade surplus with the West. China’s trade surplus reached 196.1 billion U.S. dollars in 2009.

Zhu said a stronger yuan will not solve the trade imbalance. “The exchange rate is a matter of rebalancing issue. The exchange rate will not be able to change everything,” he said.

Beijing recognizes the need to stop depending on exports. “The crisis has taught us that the pure export model unsustainable and we’re working on it. The situation has improved, but still takes time,” he said.

‘I’m still old-fashioned person. If the glass is still good, I’m not going to throw it to buy a crystal, even if my income increases. I’m still going to use it, “he said.

Leadership of the IMF, Dominique Strauss-Kahn, also gave a note, mengeser very difficult to model this growth of exports to be drawn drawn domestic demand.

“With U.S. consumers buy less in the middle of the crisis and China through the stimulus spending and businesses to China to buy more, the trade imbalance problem becomes looked a little better than before the crisis,” Strauss-Kahn said.

But he warned, much of China’s consumers are able to compensate for declining consumption in the U.S.. In separate sessions, the group chief executive of Standard Chartered Bank, Peter Sands, said there was no quick fixes on the choice of China’s currency.

“I think there are many simple things you said about the renminbi currency. Some seem to believe that if revalued, all the macroeconomic imbalances will disappear instantly. That’s wrong. It’s too simple,” he said.

He showed that the value of Asian economies has increased and this value will be reflected in the value of Asian currencies against western currencies.

“I believe that the frequent passage of time, renminbi and other Asian currencies will be valued and managed in order to be more important things to reconcile some macro-economic imbalances in the world,” he added.

French President, Nicolas Sarkozy, and the financial sector billionaire, George Soros, during the Davos meeting pleaded with China to let its currency strengthen.

In a major speech on the first day of the forum, Sarkozy covertly menyerangan China, saying the trade imbalance has adverse world economic recovery.

“The instability in exchange rates and an assessment of a particular currency lower against the competition fair trade and honest,” said Sarkozy.

Closed JCI weakening 31.412 percent, or 1.20 points at 2588.153. The shares and miscellaneous commodities industry to weight the index in the red zone.

A total dominating the 121 shares down this morning session trading, shares rose 26 comparison. The transaction value reached USD 1.106 trillion of transactions with 34,051 times the volume of 1.881 billion shares.

Results also makes index fell 1.28 per cent Kompas100 and LQ45 index decreased 1.34 percent and corrected Jakarta Islamic Index 1.48 percent.

While it rupiah exchange rate against U.S. dollar was also depressed this afternoon. RI currency is in the position of Rp 9360 per U.S. dollar.