"On Tuesday the highest index was recorded at 5,034 points," the director of development of the Indonesia Stock Exchange (BEI), Frederica Widyasari Dewi, said when opening an Institutional Investor Day 2013 event here on Wednesday.
She said the 16 percent hike of the index was the highest in Southeast Asia beating that of Thailand and Malaysia.
The IHSG index growth was also the second highest in the world after that of Japan. "We are beaten only by Japan whose performance in the past several years has been bad," she said.
She said composite indexes in many countries were still moving within a negative range such as in Korea and China.
Frederica said market capitalization in the Indonesia Stock Exchange meanwhile had reached Rp5,000 trillion surpassing that of Malaysia.
She hoped it would continue to grow to surpass that of Singapore.
"Our hope is with more companies entering the capital market market capitalization could surpass that of Singapore which is now recorded at Rp5,900 trillion," she said.
Frederica hoped through this event investors would be informed better about issuers in BEI.
reporting by Anita Permata Dewi
(A074/H-YH/O001)
Editor: Jafar M Sidik
Copyright © ANTARA 2013
