The European Central Bank’s decision to introduce a 60 million euro per month bond-buying program (quantitative easing) up to September 2016 - a move to boost the Eurozone economy - has caused positive sentiments in Indonesia as increased global liquidity is expected to benefit emerging markets. The benchmark stock index of Indonesia rose 1.35 percent hence hitting a new all-time high at 5,323.88 points. Meanwhile, the rupiah appreciated 0.23 percent to IDR 12,459 per US dollar based on the Bloomberg Dollar Index.

Lanjut baca ›

Indonesian investment fund managers may be allowed to include foreign assets in their mutual funds (conventional and Islamic-based mutual funds), offered to investors, soon. Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan, abbreviated OJK) is currently formulating new regulations - expected to be finalized by June 2015 - that would allow to include foreign assets in an attempt to reduce risks by diversifying mutual fund portfolios. Indonesian investment managers had been requesting for this new regulation.

Lanjut baca ›

Indonesian tobacco giant Hanjaya Mandala Sampoerna (HM Sampoerna), subsidiary of Philip Morris International, is studying the requirement to increase its free float ratio from (a mere) 1.82 percent to 7.50 percent. Last year, the Indonesia Stock Exchange (IDX) announced that it would force listed companies to offer at least 7.50 percent of their enlarged equity to the public. This rule will come into effect in January 2016. HM Sampoerna is the third-largest Indonesian company in terms of market capitalization (IDR 295 trillion).

Lanjut baca ›

Bank Yudha Bhakti, an Indonesian commercial bank, made its trading debut on the Indonesia Stock Exchange (IDX) on Tuesday (13/01). Shares of the small-sized lender immediately soared nearly 70 percent. The bank, which is listed under the code BBYD, offered 300 million shares (11.9 percent of its equity) to the public for a price of IDR 115 per share thus raising IDR 34.5 billion (USD $2.8 million). The initial public offering (IPO) of Bank Yudha Bhakti is the first IPO on the Indonesia Stock Exchange in 2015.

Lanjut baca ›

Three Indonesian companies are expected to conduct an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in the first quarter of 2015. These companies are Bank Yudha Bhakti, Mitra Keluarga and Mitra Energi Persada. Hoesen, Director of Corporate Valuation at the IDX, said that the listing of Mitra Energi Persada (an oil, gas and coal distributor) is actually a re-listing as the company had de-listed from the Exchange in 2007. The company is expected to offer 11 percent of its enlarged equity to the public.

Lanjut baca ›

In terms of market capitalization, the largest listed company on the Indonesia Stock Exchange (IDX) is now Bank Central Asia (BCA). BCA, Indonesia’s second largest bank by assets, managed to surpass HM Sampoerna and Astra International at the end of 2014 with a value of IDR 320 trillion (USD $26.6 billion), or 6.1 percent of total market capitalization of the IDX (IDR 5,228 trillion). Despite tougher conditions in Indonesia’s financial sector (amid a higher interest rate environment) shares of BCA rose 36.7 percent in 2014.

Lanjut baca ›

Bank Yudha Bhakti, an Indonesian commercial bank, is preparing an initial public offering (IPO) on the Indonesia Stock Exchange (IDX). The company will offer 300 million shares, or 11.9 percent of its enlarged equity, to the public and plans to raise IDR 34.5 billion (USD $2.8 million) as it offers the shares at IDR 115 per piece. The offering starts between 5 and 7 January 2015, while listing at the IDX is planned for 13 January 2015. Underwriters for the IPO are Semesta Indovest and Equator Securities.

Lanjut baca ›

Gold miner Archi Indonesia, unit of the Rajawali Corpora Group, decided to postpone its initial public offering (IPO) on the Indonesia Stock Exchange (IDX) due to the sluggish global economy resulting in the weak global gold price (which is currently touching four-year lows). Archi Indonesia’s IPO was planned to be held this December and was estimated to be the largest IPO on the IDX in 2014 in terms of capital raised (roughly USD $285 million), exceeding the value of taxi operator Blue Bird’s IPO earlier this year.

Lanjut baca ›

A total of six Indonesian companies are expected to conduct an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in December 2014. Today (Wednesday 03/12), shipping company Soechi Lines made its trading debut, raising around IDR 582.5 billion (USD $48 million) by offering 1 billion new shares, or 15 percent of the company’s enlarged capital, to the public. The company’s shares surged as much as 27 percent after the opening. It was the 20th company to list on the IDX in 2014.

Lanjut baca ›

Indonesia’s Financial Services Authority (OJK) in cooperation with the Indonesian Bond Pricing Agency (IBPA) and the Indonesia Stock Exchange (IDX) has launched a bond index on Friday (21/11) involving government and corporate bonds that should function as a reference for the pricing and performance. This new index is called the INDOBEX and is divided into three types of indices: INDOBEX Composite, INDOBEX Government and INDOBEX Corporate. Each index has a total return, clean price, gross price, effective yield and gross yield index.

Lanjut baca ›

Several Indonesian companies decided to delay their initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in 2014 due to great political uncertainties brought about by Indonesia’s ‘political year’ (legislative and presidential elections). Moreover, sluggish global economic growth, slowing domestic growth as well as the scrapping of the Federal Reserve’s quantitative easing program impacted on investors’ confidence. Therefore, only 20 companies conducted an IPO last year. This year we should see more IPOs in Indonesia.

Lanjut baca ›

Both Indonesian stocks and the rupiah continued to slide on Thursday (04/06) and seem to be caught in a vicious downward spiral brought about by both domestic and international factors. Indonesia’s benchmark stock index (Jakarta Composite Index) fell 0.68 percent to close at a five-week low of 5,095.82 points, while the rupiah depreciated 0.39 percent to IDR 13,281 per US dollar (Bloomberg Dollar Index), a level last seen in the late 1990s when the country was plagued by the Asian Financial Crisis.

Lanjut baca ›

On the first trading day of the new week, both Indonesian stocks and the rupiah moved more-or-less sideways. Generally, indices in Southeast Asia were mixed as positive external sentiments were offset by local negative sentiments. In the case of Indonesia, negative local sentiments stemmed from the higher-than-estimated inflation figure in May and continued contraction of the manufacturing industry. Positive market sentiments stemmed from the USA where GDP growth was revised to minus 0.7 percent in Q1-2015.

Lanjut baca ›

Most stock markets and currencies in Southeast Asia weakened on Friday (29/05), including Indonesia’s benchmark Jakarta Composite Index and the rupiah. The Jakarta Composite Index fell 0.40 percent to 5,216.38 points, while the rupiah depreciated 0.01 percent to IDR 13,224 per US dollar according to the Bloomberg Dollar Index. Over the past week, Indonesian stocks and the rupiah weakened primarily due to the Greek debt crisis, looming higher US interest rates and the lack of positive domestic factors.

Lanjut baca ›

Prospek untuk penawaran saham perdana (IPO) di Indonesia positif pada 2015, atau, setidaknya lebih positif dibandingkan tahun 2014 yang merupakan ‘tahun politik’ Indonesia (karena pemilihan legislatif dan presiden) sehingga menyebabkan ketidakjelasan di pasar akibat kondisi politik. Meskipun begitu, pertumbuhan ekonomi negara yang melambat dan ancaman capital outflow yang disebabkan oleh prediksi pengetatan moneter lebih lanjut di AS sebelum akhir tahun, telah membuat para pelaku pasar berhati-hati. Bursa Efek Indonesia (BEI) memprediksi total 32 pendaftaran baru di 2015, naik dari 20 di tahun lalu.

Lanjut baca ›

Sejalan dengan indeks lain di Asia, saham Indonesia naik pada hari Selasa (26/05). Indeks Harga Saham Gabungan (IHSG) naik 0,62% menjadi 5.320,90 poin. Sentimen-sentimen positif tidak berasal dari Amerika Serikat (AS) karena pasar saham AS ditutup kemarin karena hari libur namun terutama berasal dari Republik Rakyat Tionghoa (RRT) yang badan perencanaan perekonomiannya mengumumkan akan mengimplementasikan sejumlah kebijakan baru dalam usaha mendongkrak perekonomian yang lambat. Kendati begitu, rupiah melemah 0,25% menjadi Rp 13.220 per dollar AS berdasarkan Bloomberg Dollar Index.

Lanjut baca ›

For a good portion of this year, the stock market in Indonesia has been met with selling pressure. There is a reasonable basis for this, as we have seen some disappointments in corporate earnings that have led some of the biggest names in the country to trade lower. But there are external events at work, as well. And some of these factors might not be readily apparent to many regional investors. One of these is the sovereign debt situation in the Eurozone.

Lanjut baca ›

Pasar saham di Indonesia telah menjadi sangat tidak stabil dalam minggu-minggu terakhir, dan ini telah membuat banyak investor menduga-duga apakah rally yang dimulai pada Oktober lalu masih dapat bertahan dan bisa dilanjutkan. Minggu lalu, MSCI Indonesia Index (yang diperdagangkan dengan simbol saham EIDO) mengalami kejatuhan besar - dari posisi yang jauh di atas batas 6.500 menjadi di bawah batas 6.000. Dari perspektif persentase, gerakan seperti ini bisa menyebabkan kerugian yang signifikan untuk mereka yang membeli saham-saham Indonesia saat harganya masih ada pada level tingkat atas.

Lanjut baca ›

Laporan-laporan pendapatan perusahaan yang dipilih (mencakup laba bersih dan pendapatan untuk tahun fiskal 2014) dari perusahaan-perusahaan Indonesia yang terdaftar di Bursa Efek Indonesia (BEI) disediakan di bawah ini. Perusahaan-perusaahaan ini dibagi dalam kategori sektor: (1) pertanian dan pertambangan, (2) industri dasar dan kimia, (3) macam-macam industri, (4) barang konsumsi, (5) properti dan real estate, (6) infrastruktur, peralatan dan transportasi, (7) keuangan, dan (8) perdagangan, jasa dan investasi.

Lanjut baca ›

Mitra Keluarga Karyasehat, operator rumah sakit dan unit usaha dari Grup Kalbe, menargetkan untuk meraup Rp 4,2 trilliun dalam penawaran umum perdana (IPO) di Bursa Efek Indonesia (BEI) pada Maret 2015. Perusahaan ini akan menawarkan 261,9 juta saham, setara dengan 18% dari modal ditempatkan dan disetor penuh perseroan. Lima persen dari total saham ini adalah saham baru, sementara 13% adalah saham didivestasi private equity firm Lion Investment Partners.

Lanjut baca ›