Finance Minister Agus D.W. Martowardojo said Indonesia’s economic growth is targeted in the range of 6.7% in 2012. This is supported Indonesia’s rating by Fitch and Indonesia’s program in overcoming infrastructure as well.
“Now Indonesia has a good position. Both the rating and programs that owned by Indonesia in solve infrastructure is well “, said Agus, told reporters, after the closing of trading, in Jakarta, Friday, December 30, 2011. Continue Reading
PT. Kustodian Sentral Efek Indonesia (KSEI) or Indonesian Central Securities Depository confirmed to securities companies and the investors to socialize ownership of Securities Ownership Reference Card (AKSes) and has a single investor account ID and the separation of funds.
Director of KSEI Ananta Wiyogo, at a press conference late in 2011, in Jakarta, Friday, December 30, 2011, reminded, beginning February 1, 2012 all investors should have a single ID investor to trade on stock exchanges of Indonesia. Continue Reading
Capital Market and Financial Institution Supervisory Agency (Bapepam-??LK) of the Ministry of Finance was reviewing the plan about 30 issuers who do quasi reorganization.
Head of Services Sector Bureau of Bapepam-??LK, Gonthor R Aziz said it was proposed to the Financial Accounting Standard (DSAK) to extend the Financial Accounting Standard Guidelines (PSAK51) on the quasi reorganization until 2013.
“We want to encourage issuers who still has a deficit balance to be able to perform quasi. In addition Bapepam-LK has also been asked to DSAK to repeal of PSAK51 be postponed until 2013, “said Gonthor, in Jakarta, Thursday, September 22, 2011. Continue Reading
Indonesian capital market indicates reversal, toward growth until the end of the year. In the past week, foreign investors have positioned the buying (net buy) Rp600 billion and brings optimism to the Indonesia Stock Exchange (BEI).
during August, foreign investors out of stocks just Indonesia. But not really take their money abroad. Net sell position in August, simply because foreign investors was to consolidate the management of their funds.
Based on the records of Bank Indonesia (BI), the net sell position or sell to foreign investors during August 2011 reached Rp 8.45 trillion. This position is in opposition of the position in July to record net buying RP 5.19 trillion.
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Post-holiday Idul Fitri 2011, the Indonesian capital market re-excited. Strengthening occurs Composite Stock Price Index (CSPI) on Monday (09/05/2011), after the remaining time before the Idul Fitri holiday, the index is only at level 3841.73.
In early trading this week, the Jakarta Composite Index rose 28 points directly (0.73%) to a level of 3870.13. Indonesian capital market was strengthened itself amid the global conditions that buffeted by negative sentiment caused by weakening of Wall Street.
A day later, JCI unbearable to ride and finally closed at 3889.97 level on the final trading session on Tuesday (06/09/2011). Index back even at the level of 4000 in midweek in early September.
JCI 4028.48 succeeded in occupying the highest position since weakened significantly in August 2011. However, the increase in the index eased and parking at the level of 4001.43 in late trading Wednesday.
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In order to provide comfort for capital market transactions in Indonesia, currently the Indonesia Stock Exchange (BEI) was preparing Investor Protection Fund (IPF). The main objective of the IPF is to protect retail investors. IDX party was targeting the establishment of the IPF process will be completed by the end of 2012.
The main goal of IPF is in the form of retail investors because institutional investors have more access than the retail investors and to provide a sense of confident well as in trading on the stock market.
The main protection targets of retail investors is one aspect, the aspect of protection prepared by the Stock Exchange to form the IPF. Another aspect is the legal aspect. This is because the lack of legal basis regarding this IPF.
Then the institutional aspects in terms of what legal form of institutions that will manage the IPF will be. If the reference from other countries such as China, Malaysia and other countries, already has a its own institutions to manage the IPF will be. Later the BEI will also establish a separate institution to manage this IPF.
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Stock market crash last week on concern an opportunity allegedly the United States (U.S.) and Europe experienced a double-dip recession.
PT Valbury Asia Futures analyst Nico Omer explained the main reason for the collapse of financial markets also caused a less encouraging data from Europe and the U.S. economy.
There are still concerns a double dip recession, which is a decrease or attenuation double. Second recession is feared will happen now, which ever occurs first recession in 2008-2009
collapse of the financial markets because the market reaction to downgrade or downgrade the U.S. debt from AAA to AA +. Continue Reading
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