Below is a list with tagged columns and company profiles.

Latest Reports IHSG

  • Indonesia Stock Market Update: IPO Soechi Lines & Forecast IPOs in 2015

    Indonesian shipping company Soechi Lines targets to raise IDR 2 trillion through an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in November 2014. The company will release 2.6 billion shares, 30 percent of its enlarged capital, to the public. General Director of Soechi Lines, Go Darmadi, said that shares will be offered at a price of between IDR 600 and 800 per share. Half of the proceeds will be spent on capital expenditure (capex), while the remainder will be used for debt repayment and operational costs.

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  • Why did Indonesian Stocks & Rupiah Weaken on Friday?

    Although stock indices on Wall Street were up on Thursday (23/10) on strong corporate earnings (including Caterpillar and 3M) and economic data (US hiring as well as business’ surveys in Europe that suggest the region may avoid slipping back into a recession), it failed to push emerging market stocks higher on Friday (24/10). Indonesia’s benchmark stock index fell 0.60 percent to 5,073.07. Meanwhile, the Indonesian rupiah exchange rate depreciated 0.05 percent to IDR 12,069 per US dollar (Bloomberg Dollar Index).

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  • Inauguration Joko Widodo Boosts Indonesian Stocks, Bonds & Rupiah

    Indonesian stocks, bonds and the rupiah exchange rate performed well ahead of - and during - the inauguration of Joko Widodo (Jokowi) as Indonesia’s seventh President on Monday morning (20 October 2014). At 10:45 am local Jakarta time, when Jokowi was making his speech in front of the People's Consultative Assembly (MPR), the Jakarta Composite Index had surged 1.36 percent to 5,097.25 points, while the rupiah had appreciated 0.78 percent to IDR 12,015 per US dollar according to the Bloomberg Dollar Index.

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  • Strong Performance Indonesian Stocks & Rupiah on Friday

    Indonesian stocks and the rupiah exchange rate strengthened considerably on Friday (17/10) due to speculation that president-elect Joko Widodo will raise prices of subsidized fuels soon after his inauguration as Indonesia’s seventh President on Monday 20 October 2014. Furthermore, a meeting between Widodo and powerful opposition leader Prabowo Subianto on Friday morning also managed to ease concerns about political stability in Southeast Asia’s largest economy. Lastly, rising indices on Wall Street added positive market sentiments.

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  • Indonesian Stocks & Rupiah Down on Global Economy and MPR Voting

    Both the Indonesian rupiah exchange rate and Indonesian stocks weakened sharply on Wednesday (08/10) due to internal and external factors. Externally, weakening stock indices on Wall Street on Tuesday (07/10) have a severe negative impact on the performance of Asian stocks today. Wall Street was down on the IMF’s downward revised outlook for global GDP growth in 2014 and 2015, as well as on Germany’s industrial production, which fell the most in five years in August 2014.

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  • Indonesian Rupiah Exchange Rate Depreciates Sharply on New Bill

    The Indonesian rupiah exchange rate depreciated sharply on Monday (29/09) due to the market’s reaction against parliament’s passing of a bill that ends direct elections in the regions. On Friday (26/09), parliament agreed that mayors, district heads and governors will be elected by local legislatures instead of the people. Critics say this bill is a major setback for democracy and makes the system more vulnerable to corruption. Last Friday, investors had already pulled USD $119 million from Indonesian shares.

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  • Economy of Indonesia: Regional Election Bill and US Economic Data

    The most controversial and heatedly debated news story from Indonesia in the past week was parliament’s approval of a new bill that puts an end to direct voting in the regions. This means that it are not the people but instead the regional legislatures that will elect mayors, district heads and governors. Critics say this is a major setback for the democracy process of Indonesia and will make local elections prone to corruption, collusion and nepotism as Indonesia’s legislatures - both at the national and regional level - are believed to be corrupted to a high degree.

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  • Indonesian Stocks & Rupiah Weaken on New Bill and Wall Street Fall

    Indonesian stocks and rupiah exchange rate weakened considerably on Friday (26/09) after Indonesian parliament approved a new bill that puts an end to direct local elections. Moreover, market sentiments were negative after stocks on Wall Street plunged on Thursday because of increasing concern about the global economy as well as consumers’ problems with Apple's latest software updates and new product launches (iPhone 6 and iPhone 6 Plus) resulting in a 3.8 percent slide of Apple shares.

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  • Indonesia’s Jakarta Composite Index May Hit New Record on Jokowi Win

    The benchmark stock index of Indonesia (Jakarta Composite Index, or IHSG) may reach a new record high level this week after market favourite Joko Widodo - popularly known as Jokowi - was officially announced the winner of the 2014 presidential election by the General Elections Commission (KPU) on Tuesday (22/07). Not unimportantly, the final decision was not accompanied by any riots or social unrest Jakarta or other parts of the Archipelago, thus giving investors some more peace of mind regarding the stability of Indonesian assets.

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  • Prabowo Subianto Rejects Election Result; Stocks and Rupiah Weaken

    The performance of the Indonesian rupiah exchange rate and stocks has been impacted by defeated presidential candidate Prabowo Subianto’s withdrawal from the General Elections Commission’s electoral process on Tuesday (22/07). Although the Commission (KPU) has not publicly announced the outcome of the 2014 presidential election yet, Subianto’s response is a clear sign that rival Joko Widodo - as expected - has won the election. Subianto claims that the KPU is corrupt and will challenge the outcome in the Constitutional Court.

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Latest Columns IHSG

  • Losing its Momentum: the Indonesia Stock Exchange Falls 1.04 Percent

    After continuously reaching new record-high levels last week, the Indonesia Stock Exchange (IHSG) finally had to give up some of its gain and closed 1.04 percent lower. Declining Asian stock markets (excluding Japan's main index) and fears that the IHSG had already reached a (too) high level impacted on today's result. Market participants, who recently confirmed good corporate annual results of many companies by buying, now engaged in profit taking.

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  • Indonesia Stock Exchange Heads Towards New Psychological Boundary of 4,800

    Today, the Indonesia Stock Exchange (IHSG) reached yet another new record high as most market participants used the current positive market sentiments to maintain their stock portfolios, although part of the investors also took the chance to engage in profit taking. Most Asian stock markets gained significantly which was followed by positive openings of European stock indices. Both developments impacted heavily on the IHSG.

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  • Positive Global Stock Markets Push Indonesia Stock Exchange to New Record

    Apparently, yesterday's decline was only a small stumbling block for the Indonesia Stock Exchange (IHSG). Indonesia's main indicator rebounded strongly after feeling the effects of stronger American stock indices that were positively influenced by a rise in Housing Index and Consumer Confidence. Moreover, the IHSG accelerated its gain after Asian stock markets and the opening of Europe's stock indices were positive.

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  • Results of Italian Elections Turn Most Stock Indices Downwards

    On Tuesday's trading day, the Indonesia Stock Exchange (IHSG) was not able to maintain its record breaking upward movement. China's possible decision to limit credit growth in the property sector and the election in Italy contributed significantly to the decline of the IHSG. Moreover, it was influenced by poor openings of European stock markets. Investors thus decided to engage in profit taking, while waiting for further global developments.

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  • The Indonesia Stock Exchange Hits a New Record High Again

    The combination of the downgrade of Britain's government bond rating to AA1, China's plan to limit its property growth, and a decline in the HSBC Manufacturing PMI, was not able to block the growth of the Indonesia Stock Exchange (IHSG) today. In particular the purchase appetite of foreign investors made the index move to a new record high. Positive openings of European stock markets also provided a boost for the IHSG.

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  • Amid mixed Asian Stock Markets Indonesia's IHSG Books a Small Gain

    Despite negative influence of stock markets in America, Europe and China, the Indonesia Stock Exchange (IHSG) managed to record a gain. During Friday's intraday trade, Indonesia's main indicator moved flat. However, stimulus from indices in Japan, Australia and Singapore, made it rise. Foreigners continued to buy Indonesian assets, while various companies reported good corporate results (such as Bank Rakyat Indonesia, Bank Danamon, Bank Cimb Niaga, Hero Supermarket).

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  • Small Loss for Indonesia's Stock Exchange amid Weak Global Sentiments

    Despite a good opening, weakening Asian stock markets dragged the Indonesia Stock Exchange (IHSG) downwards in today's trading day. At the start of the day, market participants may have hoped that Indonesia's main indicator would gain again, but a low trade volume turned it negative. Moreover, investors seem to wait for the result of Bumi Plc's shareholders meeting, and the negative opening of European stock indices contributed to the decline.

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  • Indonesia Stock Exchange Records Small Loss Amid Mixed International Markets

    Today, the Indonesia Stock Exchange (IHSG) had to give up its upward movement. Indonesia's main indicator, that moved in the red zone during the whole day, was affected by profit taking, and although on previous occasions the index successfully passed beyond the forming of a 'shooting star', today it failed. Its movement further away from the upper bollinger band led to the assumption that the IHSG will test its next support level.

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  • A Small Gain for the Indonesia Stock Exchange Amid mixed markets

    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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  • Indonesia Stock Exchange Ends it Record Breaking Week on a High Note

    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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