IDX Optimistic of Positive Market Positive Performance
By : Herry Barus And Aldo Bella Putra | Tuesday, October 31 2017 - 22:00 IWST
Indeks harga saham gabungan (IHSG) di gedung Bursa Efek Indonesia (dok INDUSTRY.co.id)
INDUSTRY.co.id - Jakarta - The Indonesia Stock Exchange (BEI) is optimistic that the positive performance of the domestic capital market industry will be maintained well in line with the strength of national economic fundamentals.
"Our economy is stable, interest rates are maintained, inflation is well maintained, there is a demographic bonus, gross domestic product (GDP) remains large, then there is no reason not to invest in the capital market," said Tito Sulistio President Director of BEI in Jakarta, Tuesday / 10/2017)
Amid the positive situation, he is also optimistic that the capitalization of Indonesian capital market in the next three to six months can reach Rp7,000 trillion. Based on BEI data as of October 30, 2017, the value of Indonesian capital market capitalization amounted to Rp6,611.45 trillion.
The value of market capitalization, he added, shows the value of securities listed on the stock exchange or the multiplication of the number of shares listed with the listed company's stock price (issuer) by definition, defined as the total value of securities issued by various companies in a single market.
"IDX will also continue to increase the number of issuers as much as possible, as well as maintain infrastructure in the capital market," he told the media crew.
He said that infrastructure in the capital market becomes one of the basic capital to make the national capital market industry can compete with other countries. In addition, strengthening domestic investors, especially retail.
"The contribution of retail investors is more than 30 percent against stocks increase," said Tito Sulistio.
Deputy Commissioner of Capital Market Supervisory Agency II Fakhri Hilmi added that in keeping with the performance of the domestic capital market industry, it will also continue to focus on increasing inclusion and financial literacy so as to encourage additional investors.
"In the future, we will rely on investor development, domestic investor participation in both inclusion and literacy is small," he said.