Jakarta (Antara Bali) - The Financial Service Authority (OJK) said the Indonesian Stock Exchange (BEI) is one of the best performing stock markets in ASEAN in the first quarter of 2015.
"So far this year, the Jakarta composite index (JCI) of BEI grew 4.05 percent with capitalization rising 4.12 percent. This is one of the best in ASEAN. This is a good start. Hopefully would continue throughout the year," OJK's Capital Market Supervision Chief Executive Nurhaida said.
The highest growth in index of 9.25 percent was recorded by the Philippines, with BEI coming second with a growth of 4.05 percent, followed by Malaysia 3.44 percent , Singapore 2.56 percent and Thailand 0.35 percent.
The positive performance of BEI was attributable to good performance of the listed companies and the country's economic condition, that tended to be positive, Nurhaida said here on Monday.
She said in a bid to maintain good performance of the domestic market, OJK would stick to three main principles in market deepening including supply, demand and market infrastructure.
"One factor included in the market deepening is to increase the number of products in the market either through increasing the number of companies launching initial public offering (IPO) or the types of their product such as bonds and mutual funds," she said. He said OJK is processing plans of two companies seeking to launch IPO .
In addition, OJK has also issued guidelines for the product of assets backed securities in the form of Participation Letter (EBA SP) related to housing secondary financing. Nurhaida said in order to encourage increase in the number of products, OJK is drafting a regulation to facilitate issuance of more products. (WDY)
COPYRIGHT © ANTARA News Bali 2015
"So far this year, the Jakarta composite index (JCI) of BEI grew 4.05 percent with capitalization rising 4.12 percent. This is one of the best in ASEAN. This is a good start. Hopefully would continue throughout the year," OJK's Capital Market Supervision Chief Executive Nurhaida said.
The highest growth in index of 9.25 percent was recorded by the Philippines, with BEI coming second with a growth of 4.05 percent, followed by Malaysia 3.44 percent , Singapore 2.56 percent and Thailand 0.35 percent.
The positive performance of BEI was attributable to good performance of the listed companies and the country's economic condition, that tended to be positive, Nurhaida said here on Monday.
She said in a bid to maintain good performance of the domestic market, OJK would stick to three main principles in market deepening including supply, demand and market infrastructure.
"One factor included in the market deepening is to increase the number of products in the market either through increasing the number of companies launching initial public offering (IPO) or the types of their product such as bonds and mutual funds," she said. He said OJK is processing plans of two companies seeking to launch IPO .
In addition, OJK has also issued guidelines for the product of assets backed securities in the form of Participation Letter (EBA SP) related to housing secondary financing. Nurhaida said in order to encourage increase in the number of products, OJK is drafting a regulation to facilitate issuance of more products. (WDY)
Editor : I Gusti Bagus Widyantara
COPYRIGHT © ANTARA News Bali 2015