New Index Stock IDX-30 Present 23 April

New Index Stock IDX-30 Present 23 April
Jakarta - Indonesia Stock Exchange (BEI) is ready to launch a new index. Comprising 30 leading shares, IDX-30 will glide 23 April next.

This is confirmed Director of BEI Ito Warsito in his office, Jakarta, Monday (16/04/2012). "IDX-30 which would be launched on 23 April," said Ito.

IDX-30 was almost similar to the LQ-45 index stocks featuring the best in terms of liquidity and capitalization. IDX-30 hopes will be a benchmark for market participants.

"With the publication of the IDX-30 can be a benchmark," he said.

Meanwhile, Ito also expressed positive movement occurred in Islamic Stock Index (ISSI), who last year published BEI. Since May 12, 2011 ISSI rate was unable to rise. Even since the beginning of this year, up 10.97% ISSI. ISSI growth beat Composite Stock Price Index (CSPI), which grew only 8.82% (year-to-date).

"It depends on the weight of the stock that was up and down. It can not be called if the stock ISSI shares more attractive than non-Islamic," said Ito.

Based on the records of BEI on its website, ari there are 443 issuers in the capital market, among which 253 ISSI index entry. This index represents issuers with far more performance than the Jakarta-based Islamic Shariah Index (JII), which previously has been sliding.

Total capitalization of the shares at Rp 3709 trillion sharia. Islamic shares representing 80% of the total market capitalization of the Stock Exchange or the stock index reached Rp 4100 trillion. ISSI capitalization of Rp 2192 trillion. While the market cap of Rp 1517.8 billion JII