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)
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.

News Comment

Today's Industry

Photo: Aris Nurjani/VOI

Rabu, 28 Februari 2024 - 12:47 WIB

Carsurin and NBRI Strengthen Strategic Alliance to Propel Indonesia’s EV Industry

PT Carsurin Tbk ("Carsurin") and the National Battery Research Institute ("NBRI") are pleased to announce the signing of a pivotal Strategic Alliance Agreement (SAA), marking a significant advancement…

Beras (Foto/Rizki Meirino)

Rabu, 21 Februari 2024 - 08:43 WIB

Gov’t to Continue Disbursing Rice Assistance

President Joko “Jokowi” Widodo has ensured that the Government will continue rolling out the rice assistance program for low-income families. The President made the statement when handing…

Ilustrasi pabrik beras. (Foto: DetikFood)

Rabu, 21 Februari 2024 - 08:40 WIB

Bapanas Head Ensures Availability of Rice Stock Ahead of Ramadan

The National Food Agency (Bapanas) has ensured the availability of rice for the fasting month of Ramadan and Eid al-Fitr 1445 Hijri/2024 CE. “We believe that there is enough rice for the fasting…

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Rabu, 21 Februari 2024 - 08:23 WIB

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Chairman of PT Jababeka Tbk (KIJA), Setyono Djuandi Darmono met the Minister of Youth and Sports of the Republic of Indonesia (Menpora RI) Dito Ariotedjo at the Kemenpora RI Office, Senayan,…

The Indonesian Embassy in Cairo Receives Aid for Palestine

Senin, 19 Februari 2024 - 17:39 WIB

The Indonesian Embassy in Cairo Receives Aid for Palestine

The Indonesian Embassy in Cairo welcomes the Radjiman Wedyodiningrat Warship (RJW-992) which arrived at the Al Arish Port, North Sinai Province of Egypt at 8.00 A.M. Cairo local time (13/02).…