The IHSG closed 43.25 points higher, or 0.79 percent, at 5,523.29 points on Tuesday while the LQ45 blue-chip index rose 8.21 points or 0.86 percent at 962.02 points. This was the highest recorded value of the index in BEI`s history.
Jakarta (ANTARA News) - President Joko Widodo hailed the positive trend exhibited by the Indonesia Stock Exchange Index (IHSG), which reflects investor confidence in the country.

"The IHSG index touched the highest value in its history, thereby demonstrating investors confidence in Indonesia and positive future prospects in the nations economy," he noted while visiting the Indonesia Stock Exchange (BEI) here on Tuesday.

The IHSG closed 43.25 points higher, or 0.79 percent, at 5,523.29 points on Tuesday while the LQ45 blue-chip index rose 8.21 points or 0.86 percent at 962.02 points.

This was the highest recorded value of the index in BEIs history. Earlier, on March 30, 2015, it had reached 5,518 points.

President Joko Widodo remarked that the government would implement the policies it had issued to ensure the countrys high economy growth in the future.

"The positive economic growth of Indonesia will offer a good perception to the investors," he added.

During the visit, the president was accompanied by Chief Economic Minister Sofyan Djalil and BEI President Director Ito Warsito along with members of the board of directors of PT Kliring Penjaminan Efek Indonesia (KPEI) and PT Kustodian Sentral Efek Indonesia (KSEI).

Warsito affirmed that the capital market industry has shown a positive performance in line with the countrys economic conditions, which are conducive, and therefore, it has attracted foreign investors to the domestic share market.

"If Indonesia is keen to become the biggest economy in the ASEAN region, the government must boost the capital market industry to make it bigger," he noted.

He stated that until now, a total of 507 companies have listed their shares at the BEI, but only 20 of them are state-owned companies. He expressed hope that the government would encourage other state-owned companies to go public to further increase capitalization of the Indonesian capital market.

"Although only 20 percent of the listed companies are state-owned, their capitalization value comprises 25 percent of the total capitalization," Warsito pointed out.

By April 7, 2015, capitalization at the BEI reached Rp5,584.981 trillion.(*)

Editor: Heru Purwanto
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