Wednesday, 22 May 2019 | 06:29 WIB

Markets Show Positive Response after General Elections

Markets Show Positive Response after General Elections (special)

JAKARTA, NETRALNEWS.COM - The Indonesia Stock Exchange (IDX) Trade Data this week after the 2019 General Election has shown positive response, as evidenced by the Jakarta Composite Index (JCI)) which increased by 1.58 percent to 6,507,221 from 6,405,866 at the close of last week . In line with JCI, the value of market capitalization also increased by 1.58 percent to Rp.7,401.73 trillion from Rp7,286.36 trillion at the close of last week.

For a week, BEI's average daily transaction frequency data increased by 15.66 percent to 461.06 thousand transactions from 398.62 thousand transactions last week. Meanwhile the average IDX daily transaction value data also increased by 9.59 percent to Rp10.28 trillion from Rp9.380 trillion in the previous week. Only the average daily transaction volume has changed by 6.32 percent to 14.66 billion units of shares from 15.65 billion shares in the previous week.

Throughout 2019, foreign investors registered net purchases of Rp15,220 trillion and today, foreign investors recorded net purchases of Rp1,426 trillion.

The Financial Services Authority (OJK) together with the Self Regulatory Organization (SRO) consisting of the Indonesia Stock Exchange (IDX), Indonesian Clearing and Guarantee Corporation (KPEI) and the Indonesian Central Securities Depository (KSEI) will hold the Capital Market Summit & Expo 2019 in Surabaya, 25-27 April 2019. The event which carries the theme "Capital Market for All" aims to increase capital market literacy and inclusion, increase the number of new listed companies, increase the number of new active investors, and support Government programs in infrastructure financing and at the same time become a networking event for capital market stakeholders

The event which was held at the Dyandra Convention Center was enlivened with various activities namely expo, Go Public Workshop, promotions and talk shows. To enliven the event, there were interesting entertainment, as well as door prizes that could be achieved by lucky visitors during the two days of the event.

The opening of the IDX Trade at the beginning of this week, precisely on Monday (15/4) was opened in order to register the DINFRA Toll Road Mandiri-001 Collective Investment Contract with the XMJM code, recorded 423,500,000 Participation Units with a total net asset value of Rp423.5 billion. XMJM being the first DINFRA listed on the IDX, acting as the Securities Investment Manager is PT Mandiri Manajemen Investasi.

XMJM is DINFRA that invests indirectly in infrastructure assets on the Gempol - Pandaan Toll Road of 13.61 km by purchasing debt securities and or equity securities issued by toll road infrastructure infrastructure companies in Indonesia.

Minister of State-Owned Enterprises (BUMN) of the Republic of Indonesia, Rini Soemarno as a representative from the Government was present to inaugurate and deliver a speech at the event. In addition to the Minister of BUMN, officials from the Ministry of BUMN and related stakeholders were present.

The IDX Trade Opening Ceremony was opened on Thursday (4/18) by the Faculty of Economics and Management of the Bogor Agricultural Institute (FEM IPB) and the Caring Alumni Foundation (YAPI) of the Bogor Institute of Agriculture in the Inauguration of FEM IPB and YAPI Cooperation in Development, Learning and Understanding of the Capital Market for IPB Students. The activity was continued with the submission of YAPI's appreciation to the SRO, besides that the appreciation was also given to Jasa Raharja, HA IPB, Gahari and Kitabisa, as pioneers of Crowdfunding.

On Thursday (18/4), Adira Finance IV Sustainable Bonds with Fixed Interest Rate Phase V of 2019 and Adira Finance Phase IV Year III Sustainable Mudharabah Sukuk issued by PT Adira Dinamika Multi Finance Tbk (ADMF) began to be listed on the IDX with a value of nominal Rp.2,000,000,000,000, - consisting of 3 series. The rating of PT Pemeringkat Efek Indonesia (Pefindo) for the Bond is idAAA (Triple A).

Meanwhile for Adira Finance III Phase IV Year 2015 Sustainable Mudharabah Mudharabah Sukuk amounting to IDR 96,000,000,000 - consisting of 3 series. The rating from Pefindo for Sukuk idAAA (sy) (Triple A Syariah). Acting as Trustee for the Sustainable Bonds and Sukuk Mudharabah is PT Bank Negara Indonesia (Persero) Tbk.

The total emissions of Bonds and Sukuk that have been recorded throughout 2019 are 27 emissions from 19 Listed Companies worth Rp25.54 trillion.

With these two records, the total emission of Bonds and Sukuk listed on the IDX throughout the period amounted to 399 emissions with an outstanding nominal value of Rp.422.56 trillion and USD47.5 million, issued by 117 Listed Companies. Government Securities (SBN) listed on IDX are 103 series with a nominal value of Rp2,484.46 Trillion and USD400