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Markets Still Waiting Ministers Working

The first speech Indonesian Presiden Susilo Bambang Yudhoyono was inaugurated as president, Tuesday (20/10), it did not get a positive response from the Marketplace. Therefore, investors are still waiting for certainty about the names of ministers who would be incorporated in the economic team. “Tim’s cabinet, especially the economic team visits less competent in their respective fields. That’s the market reaction today,” said Pardomuan Sihombing, Head of Research Paramitra Alfa Securities.

Until this evening penututap, Composite Stock Price Index or the IHSG closed lower level to 2502.216 or 18.78 points lower than yesterday. On Monday (19/10), IHSG around 2520.924.

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