Saturday, January 21, 2012

Indonesia Shares to Shine in 2012's 2nd Half

VIVAnews – Although the Indonesia Stock Exchange (BEI) is temporary interrupted by the serious crisis in Europe, a number of shares are predicted to gain profit after the crisis passes. 

Trimegah Securities’ research revealed that the nation’s capital market will be affected by the European policy, which will trigger a high volatility until I-2012 term. 

“The downgrade impact is more structural. This is just an indicator, the Eurozone issue is not yet solved,” said President Director of Trimegah Securities, Omar S Anwar, to VIVAnews in Jakarta.

Omar believed that the impact on the national capital market will only last until the end of the first half of 2012. Meanwhile, the second half of 2012 will witness the era of Indonesia’s market rise. 

“There will be a revival from local companies, namely those in LQ-45. There will be fundamental correction, but the companies will resurface,” he said. 

Trimegah expected that the infrastructure sector will shine the most after the downgrade effect glides away.

Earlier, Trimegah research predicted that foreign investors may withdraw their fund from Indonesia temporarily. This is caused by the economic condition in Europe that has worsened as debt rank was downgraded in 9 European countries. 

The steps taken by fund manager, especially French investors, in withdrawing their fund is viewed as a normal step for companies who wanted to save their domestic investment.

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