Jakarta (Antara Bali) - The Indonesian Stock Exchange (BEI) said the strong inflows of
foreign funds to the domestic market reflects the confidence of global
investors in the countrys economy.
Foreign investors were confident that the country would continue to
post a health economic growth, A BEI director Hoesen said here on
Tuesday.
Based on data at BEI, in the first quarter of 2014, foreign net buy
of Rp24.622 trillion or an increase of 31.22 percent from Rp18.765
trillion in the same period last year.
Meanwhile, the chief researcher of MNC Securities Edwin Sebayang,
said, the countrys economic growth this year would be as high as
predicted by the government.
"As announced by the Central Bureau of Statistics, the inflation in
March was only 0.08 percent as expected by the market5," he pointed out.
Investors also have good expectation about the legislative and presidential elections, he said.
"In addition, the candidates to lead the country are also quite acceptable to the financial market," he said.
Strong Inflows of Foreign Fund Indicates Investor Confidence
Rabu, 2 April 2014 12:22 WIB
