While global stocks have been moving in and out bearish territory amid severe volatility caused by China's economic slowdown and low oil prices, Indonesia's benchmark Jakarta Composite Index is one of the few stock indices that has risen so far in 2016 (2.64 percent since the start of the year). Foreign and domestic investors seem to regained confidence in Indonesian assets due to Indonesia's better-than-expected GDP growth in Q4-2015 and the knowledge that the Jakarta Composite Index already experienced a sharp correction last year, falling below its fundamental value.

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In line with the performance of the majority of stock markets in Asia, Indonesia's benchmark Jakarta Composite Index fell 0.63 percent to 4,768.62 points, while the Indonesian rupiah depreciated 0.11 percent to IDR 13,612 per US dollar (Bloomberg Dollar Index) on Tuesday (09/02). It was the first trading week for Indonesian assets after a public holiday (Chinese New Year) on Monday. Asian markets weakened today, led by Japan, due to the equities selloff that occurred in Europe and the USA overnight.

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Indonesian stocks and the rupiah are having a great day on Friday (05/02). During the first trading session Indonesia's benchmark Jakarta Composite Index surged 2.33 percent to 4,774.68 points, while the Indonesian rupiah had appreciated 0.46 percent to IDR 13,577 per US dollar (Bloomberg Dollar Index) by 12:35 pm local Jakarta time. These positive developments are caused by the country's better-than-expected Q4-2015 GDP growth result. This morning it was announced that the Indonesian economy expanded 5.04 percent (y/y) in the fourth quarter of 2015.

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Asian stocks extended declines on Wednesday morning (03/02) as oil prices are again flirting with the USD $30 per barrel mark. Overnight, Brent crude fell 4.5 percent to USD $32 per barrel, while West Texas Intermediate plunged 5.5 percent to just below the USD $30 per barrel mark. In combination with concern about the sluggish economy of China it led to another round of global selloff. Overnight the Dow Jones industrial average fell 1.8 percent, the Standard & Poor's 500 index lost 1.9 percent, while the Nasdaq composite index lost 2.2 percent.

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Asian stocks were mixed on Monday (01/02). However, Indonesia's benchmark Jakarta Composite Index rose 0.21 percent to 4,624.63 points after a volatile trading day (one hour before trading closed, the index was down more than one percent). Furthermore, the Indonesian rupiah appreciated markedly, while there occurred inflows into bonds. It seems that Japan's surprise move to introduce negative interest rates managed to offset the negative impact of weak manufacturing activity in China and falling crude oil prices.

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There are seven companies that are expected to conduct an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in the first quarter of 2016: Buyung Poetra Sembada, Summarecon Investment Property, Mahaka Radio Integra, Cikarang Listrindo, Mitra Pemuda, Ciputra Residence, and Bank Ganesha. In total, the IDX targets to see 35 new listing on the IDX in 2016. Indonesian lender Bank Artos Indonesia was the first company to be added to the IDX in 2016.

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With the notable exception of China, Asian stock markets are showing solid gains on Wednesday (27/01) on the back of yesterday's sharp oil price rebound and rising stocks on Wall Street overnight. These factors caused Indonesia's benchmark Jakarta Composite Index to have climbed 0.70 percent to 4,541.82 points by 12:40 pm local Jakarta time on Wednesday (27/01). On Tuesday, West Texas Intermediate closed at USD $31.45 per barrel, up nearly four percent, giving rise to rising US stocks.

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Three new stocks will enter Indonesia's LQ45 index for the February-July 2016 period. The LQ45 index, compiled by the research and development division of the Indonesia Stock Exchange (IDX), consists of 45 stocks that meet a number of specific criteria. As the stocks listed in the LQ45 are the country's most traded stocks, investors should follow this index. The composition of the LQ45 index is adjusted twice per year (in February and August).

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The new trading week started positively in Asia. After Wall Street had risen sharply on Friday (22/01) due to higher oil prices (particularly causing surging energy stocks), Asia extended the rally on Monday (25/01). In addition, investors are optimistic that the central bank of Japan will turn to more easing (the institution will conduct its monthly policy meeting later this week), while the European Central Bank had already hinted at further easing in last week's policy meeting.

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Indonesia-based property developer HK Realtindo, subsidiary of state-owned firm Hutama Karya, plans to release a 30 percent stake through an initial public offering (IPO) on the Indonesia Stock Exchange in the fourth quarter of 2016. Funds generated through the IPO will be used for further business expansion. The company eyes 30 new projects in 2016, including the Trans Sumatra toll road. The company also plans to issue IDR 500 billion (approx. USD $36 million) in bonds and IDR 250 billion in medium term notes.

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Although the Indonesia Stock Exchange (IHSG) was moving in the red zone for a while during today's trading day, in the end it recorded a small gain. Most other Asian stock indices, except for Hong Kong's Hang Seng and Shanghai, went up as well. High expectations about continued IHSG-growth, strong corporate results of companies, and continued robust foreign demand for Indonesian stocks pushed the index up.

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A surge in plantation, consumer, infrastructure and financial stocks has pushed the Indonesia Stock Exchange (IHSG) higher up the path of record-breaking highs on Friday, despite mixed Asian stock markets and a weak opening of European stock indices. Moreover, continued reports about good corporate results of listed companies convinced market participants to engage in trading, despite an already overbought market.

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Rising Asian stock markets, particularly a strong Hang Seng (Hong Kong) that opened today after the Chinese new year celebrations, had a positive impact on the Indonesia Stock Exchange (IHSG). As had happened in previous years, the IHSG has the tendency to gain ahead of Valentine's day. Today, market participants received their special Valentine's gift: a new record-high IHSG level of 4601.95, although in the end it had to close a bit lower.

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The upward movement of American and European stock indices yesterday, brought on due to positive internal sentiments in both regions, provided good support for Asian stock markets today. Apart from foreign influences, Asian stock markets were also supported by company reports that showed good corporate results in 2012. As such, the Indonesia Stock Exchange (IHSG) also joined the green wave of Asian stock markets, and set a new record high.

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It seems that the Indonesia Stock Exchange (IHSG) was blessed by the Chinese new year celebrations as it closed higher on Monday than on the previous trading day. This is a better performance than usual on the days around the new year. If we take a look at the period 2008-2012, the IHSG declined three times on the day before new year, and twice on the day after. This year, the IHSG declined on the day before by -0.26% and increased by 0.27 on the day after.

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After rallying for three days to try to end on a new resistance level, the Indonesia Stock Exchange (IHSG) finally had to retreat. As we suspected, the index weakened after its record high. Moreover, American and European indices were weak on Thursday, thus influencing the performance of the IHSG on Friday. Lastly, a number of Asian companies reported weak corporate reports that subsequently impacted on Asian stock indices, including the IHSG.

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After experiencing various sentiments as well as profit taking, the Indonesia Stock Exchange (IHSG) eventually ended higher today than it had closed on Friday. During the trading day, however, it looked like it would end negatively for a while. Mixed Asian stock indices and fears of decline after the IHSG had reached record highs, made the index vulnerable. But due to strong purchases by foreigners and the impact of the positive openings of European stock indices, the IHSG booked a small gain.

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