Friday, December 31, 2010

Indonesia Stock Market Best in Asia-Pacific

The Indonesia Stock Exchange comes out on top over other stock markets worldwide along 2010. Up until the end of this year, the Jakarta benchmark index was closed at 3,703.51.

The index once gained the highest level in history at 3,786.09 on December 9, 2010. "The Indonesia Stock Exchange is considered the best among other stock markets in Southeast Asia and Asia-Pacific," said Deputy Finance Minister, Anny Ratnawati, in Jakarta today, Dec 30.

The Jakarta stock prices inched up 45.96 percent compared to last year's 2,534.35.

Anny said in a statement that the Thai stock exchange was close in performance with the IDX at a growth of 40.85 percent.

Total transaction value in the IDX up until December 29, 2010, reached Rp 1,249.27 trillion, a rise by 28.1 percent of the total share transactions along 2009 worth Rp 975.21 trillion.

The market capitalization in the IDX reached Rp 3,243 trillion this year, an increase of 60.63 percent compared to 2009.

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