The continuing interest to invest in the capital market is good news..."Jakarta (ANTARA News) - Indonesian Stock Exchange (IDX) President Director Ito Warsito said companies` interest to sell some of their shares to the public was still strong despite current global financial conditions which are not conducive.
"The continuing interest to invest in the capital market is good news as it would help cushion current global crisis," he said on the sidelines of three companies` public listing here on Monday.
He said the listing of the three companies indicated that the national economy could still grow and the country`s capital market also could still move positively.
He said he was optimistic the target of 30 IPOs would be achieved this year, adding through IPO companies would be helped to expand.
Three companies that went public on Monday are PT Bank Mestika Dharma Tbk. (BBMD), PT Multipolar Technology Tbk. (MLPT) and PT Victoria Investama Tbk. (VICO).
BBMD`s shares were sold up 4.63 percent at the opening of trading to Rp1,444 from the IPO price of Rp1,380 per share.
MLPT`s shares meanwhile were sold up 27.08 percent to Rp610 from the IPO price of Rp480 per share and those of VICO up 28 percent from Rp125 to Rp160 per share.
(Reporting by Zubi Mahrofi/H-YH/F001)
Editor: Priyambodo RH
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