President Jokowi Hopes JCI Rally Boosts Real Sector

By : Herry Barus And Aldo Bella Putra | Thursday, October 26 2017 - 21:00 IWST

Presiden Jokowi saat berkunjung ke PT Bursa Efek Indonesia (Foto Setkab)
Presiden Jokowi saat berkunjung ke PT Bursa Efek Indonesia (Foto Setkab) - Jakarta- President Joko Widodo expects a break of the Jakarta Composite Index (IDX) at 6,000 points could push the real sector.

"We expect the money, the fund does not appear in the portfolio, but can enter the real sectors, mainly small businesses, medium enterprises, can enjoy the increase of existing JCI," said President after the opening ceremony of the opening of a national working meeting Rakernas) Representatives of Buddhist Indonesia (Walubi) in 2017 held at the Jakarta International Expo (JI-EXPO) Kemayoran, Jakarta, Thursday (26/10/2017)

The President hopes the JCI rise will not only be temporary, but could continue to a higher level.

"IHSG broke the psychological barrier of 6,000, hopefully it will continue to rise," hoped the President.

At the close of stock trading on the IDX on Wednesday (25/10), JCI closed up 73.35 points or 1.23 percent to 6,025.43, while the group of 45 leading stocks or LQ45 index moved up 11.79 points (1.19 percent) to 995.93.

JCI closed to a record high after investors were optimistic about higher construction and cement maker shares, said Securities Reliance Securities analyst Lanjar Nafi in Jakarta on Wednesday.

According to him, the strengthening of stocks of the sector in line with the approval of the Draft Law (RUU) of APBN 2018 to be passed into law (UU) which includes the state expenditure of Rp2,220.7 trillion.

In addition, he continued, the estimated gross domestic product (GDP) of Indonesia in 2018 which is pegged to grow 5.4 percent adds to positive sentiment for the domestic stock market.

News Comment

Today's Industry

Grab (Ist)

Kamis, 11 Oktober 2018 - 12:36 WIB

Women Activists Criticize GRAB Indonesia on Victims Harassment Mediation

A number of women activists express their anger and regret at the GRAB Indonesia. The Malaysian applicator response to bring together between a driver partner who is allegedly harassed his passengers…

Panen Padi (Foto Dok

Senin, 08 Oktober 2018 - 03:30 WIB

Banten Lebak Farmers Harvest 55,622 Tons of Dry Grain

Lebak-Petani in Lebak Regency, Banten, during September 2018 harvests rice in an area of ​​9,347 hectares of paddy fields with a production of 55,622 tons of dried pungut (GKP) grain.

Bawang Merah (Ist)

Senin, 08 Oktober 2018 - 03:00 WIB

Kelompok Tani Sengingi Riau Panen Bawang Merah

Kuantan Singing - Beken Jaya Benai Farmer Group in Kuantan Singingi Regency, Riau Province harvesting shallots up to tens of tons managed on a quarter hectare of land, the results can improve…

Senin, 08 Oktober 2018 - 02:30 WIB

PT Pertamina Lubricants Wins Two TOP CSR 2018 Awards

Jakarta - PT Pertamina Lubricants managed to bring home two awards at the TOP CSR 2018 TOP CSR category on Lubricants Business, namely for the Corporate Social Responsibility (CSR) Enduro Student…

Listrik Ilustrasi

Senin, 08 Oktober 2018 - 02:00 WIB

Electrical System in Central Sulawesi is 75% Normal

Jakarta - Electricity, telecommunications, roads, airports and fuel supply (BBM) infrastructure have begun to recover in areas affected by the earthquake in Central Sulawesi. Assistance from…