Jakarta (Antara Bali) - PT Mandiri Securities projecting position stock price index in the Indonesia Stock Exchange at the end of 2014 at the level of 5,350 points.
"The position of the IDX index assuming the results of the meeting of the Federal Open Market Committee (FOMC) did not show signs of the rise in US interest rates (Fed rate) will be conducted in the near future," said Head of Equity Research Mandiri Securities John Rachmat on Wednesday.
He argues that the Fed's meeting is scheduled on 17-18 December 2014 local time. Currently, the market tends to worry that the outcome of the FOMC meeting signaled US interest rate hikes earlier than June 2015. Consensus consensus predicted a rise in interest rates will begin to occur in mid next year or sometime in June 2015.
According to him, the positive expectations of the current government through policies that have been issued or planned rated positively by investors in the country is one of the driving factors for the Stock Exchange Composite Index advanced to the level of 5,350 points at the end of the 2014's.
"Realization of raising fuel oil (BBM) and the government's focus on infrastructure development in 2015 will sustain the index until the end of this year," he said.
On the other hand, he added, the political situation in the country began to tend conducive add positive sentiment to the capital markets industry in the rest of the late 2014's.
Meanwhile, Director of Investment of PT Valbury Asia Asset Management Andreas Yasakasih predict IDX index in the range of 5100-5200 points until the end of the 2014's.
"Most good IDX index can touch the level of 5,200 points at the end of this year," he said.
According to him, there is still a shadow rise in US interest rates as well as the global economy is slowing tend to also be one of the factors retaining IDX index rate to continue to strengthen hit a record high this year, namely at the level of 5246 points. (MFD)
Mansek Project JCI 5350 Year End Points
Rabu, 17 Desember 2014 23:12 WIB