Go Finance Reporting in JAKARTA - The breakdown of Composite Stock Price Index (IHSG) to reach the 4000 level is believed to be backed by good fundamentals. Market participants also welcomed it.
"Be careful that's for sure I will ask all the supervisors and inspectors in the capital markets to see the portfolio. See who sub-sectors or sectors that may be price to earnings or price to book was already a bit too high, to believe that it's all backed up by a fundamental right, "said Finance Minister Agus Martowardojo told reporters when met at the Parliament Building, Senayan, Jakarta, Friday (07/08/2011).
Agus added that the goal itself says that right because he is oriented to protect consumers and the economy of Indonesia. "The orientation is to protect consumers, protect the Indonesian economy," he said.
He was reluctant to comment on the rise that can be said IHSG rapid growth. He said he only wanted to maintain the quality of the IHSG.
"I do not want to comment quickly, I want to keep the quality. It must be quality. I'll say it again. Speech seems to me that there direction (overheating), but not so. It should be precautionary," he said.
As is known, IHSG, Friday (07/08/2011) evening closed soared up to 64.22 points, or 1.6 percent, to 4003.69. LQ45 index 14.39 points, too, sped to 710.90 and the Jakarta Islamic Index (JII) rose 9.68 points to 552.52.
The rise of day trading is characterized by the volume of trade that touched 5.368 billion shares worth Rp 5, 862 trillion. A total of 144 stocks advanced, 77 stocks fell, and 112 stocks unchanged prices. Foreign investors are confident take action to buy with net buying of up to Rp611, 127 billion. (GoFinance)
No comments:
Post a Comment