Bomb Terror in Surabaya, BEI Boss: We are Concerned!

By : Candra Mata And Aldo Bella Putra | Sunday, May 13 2018 - 00:30 IWST

Lokasi Bom di Surabaya (Foto Dok Industry.co.id)
Lokasi Bom di Surabaya (Foto Dok Industry.co.id)

INDUSTRY.co.id - Jakarta, Indonesia Stock Exchange (IDX) expressed deep concern and sorrow to the victims and families for the terror attacks that occurred in 3 Church locations in Surabaya on Sunday (13/5).
IDX with the Indonesian Clearing Guarantee Corporation (KPEI) and Kustodian Sentral Efek Indonesia (KSEI) expressed deep concern over recent terror events including terror attacks that occurred in 3 Church locations in Surabaya on Sunday (13/5) which claimed the victims soul and injured.
We are very concerned about this incident, said Director of BEI, Tito Sulistio to INDUSTRY.co.id editor in Jakarta, Sunday (13/5).
President Director of BEI appealed to all market participants to remain calm and move normally.
The experience of the terrorist bombing of Thamrin on January 14, 2016, indicates that the terror has no major effect on capital market activity.
At the time of the terror, the Composite Stock Price Index (CSPI) had corrected as much as 77.86 points or 1.72 percent at 4,459.32 points.
But JCI correction is only a momentary reaction or temporary because at the close of trading session II on the same day, JCI closed only 0.53 percent thin and the next day rose 0.24 percent.
Investors in the capital market are not affected by the terror movement that occurs.
Tito believes that the Surabaya bombing terror will also have no significant effect on capital market activity.
Fundamentally the Listed Company incorporated in LQ45 shows solid performance with average revenue increased by 15.96 percent and net profit increased 11.68 percent in 1st quarter 2018 compared to 1st quarter of 2017.
While market conditions were also quite stable, indicated by high transaction liquidity with average daily transactions of Rp 8.87 trillion (an increase of 16.7 percent compared to 2017) and daily frequency of 387 thousand (an increase of 23.7 percent compared to 2017) .
President Director of BEI appealed to investors and all capital market participants not to overreact and remain optimistic about the stability of national security.
"As a form of concern and resilience to the tragedy in Surabaya we ask all SROs and subsidiaries within 3 days from Monday (14/5) to Wednesday (16/5) to wear white clothes with black ribbon on the right arm and also appeal Listed Company and Exchange Members to do the same thing that is wearing white clothes with black ribbon as a form of ketegaran, "said Tito.

News Comment

Today's Industry

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).…

The 7th Abu Dhabi Dialogue in Dubai: Commitment to Enhance Migrant Worker Welfare and Gender Equality

Senin, 19 Februari 2024 - 17:35 WIB

The 7th Abu Dhabi Dialogue in Dubai: Commitment to Enhance Migrant Worker Welfare and Gender Equality

Abu Dhabi, UAE - At the Ministerial-level Consultation Forum during the 7th Abu Dhabi Dialogue (ADD) (10-11/2), the Indonesian Ambassador to Abu Dhabi represented the Indonesian Minister of…