By: Moch. Irfandi )*
Financial Services Authority (OJK) said the Jakarta Composite Index (JCI) is still in a healthy condition. Red plate organization which recently won the best gratuities control system in 2016 for the category of ministries and agencies of the Corruption Eradication Commission (KPK) declare not only JCI data but also the mutual fund industry, bond and capital flows experienced good growth.
Based on data from IDX Indonesia, until December 29, 2016, JCI closed at 5302.7, up 15.45 percent compared to the closing position in the same period last year.
Chairman of the Board of Commissioners OJK Muliaman D Hadad said, JCI growth of 15.45 per cent of the growth of the index is the second best in Asia and ranked fifth in the world.
Hadad explained in terms of the growing number of issuers listed on the Indonesia Stock Exchange (BEI), 2016 IDX managed to add 16 IPOs. The number is far better than the Stock Exchange of Singapore and the Philippines, each of which is precisely the loss or minus 10 and 1 issuers in 2016.
Additionally, Hadad added that the mutual fund industry also experienced considerable growth clean. NAV or net asset value of mutual funds increased by 22.66 percent to Rp 333.61 trillion. The increase also occurred in the number and value of public offerings.
Capital market we managed to mobilize funds through the IPO (initial public offering) shares for 14 companies with a value of Rp12.07 trillion. The funds mobilized through rights issue shares of 34 companies amounting to Rp68.06 trillion. Then, as many as 75 corporate bonds of Rp115.46 trillion, and the total value of public offerings during 2016 amounting to Rp194.74 trillion or an increase of 68.94 percent from the previous year.
If listening to the trend of national economic development and large-scale macro with regard to the data JCI, capital flows, and the development of industries mutual funds and bonds, it can be concluded that for 2016, Indonesia experienced a movement which is very positive in economics, though in the same year, a lot happened the dynamics of the national economy, but this should not affect to national economy. Let’s make Indonesia economically independent and success to increase society welfare.
)* Economy Observer from LSISI
