Market Expects a Pro-Market President

VIVAnews - Stock exchange analysts hoped that the coalition which is being arranged by political parties will provide a pro-market presidential candidate.

Felix Sindhunata, an analysts from a foreign security, said that foreign analysts expect to have a pro-market presidential candidate based on the analysis and opinion derived from them.

He explained in an interview with VIVAnews on Tuesday, April 21, that the market positive respond rose because the present authority, Susilo Bambang Yudhoyono government, has fulfilled two expectation pillars of the investors: Political and security stability.

The composite stock price index (IHSG) and rupiah recover fast. At the moment, the stock price index escalating to 1,700. The rupiah has a tendency to gain more and now the currency is being traded on Rp 10,800 per US$.

"Later if Yudhoyono gets re-elected, I'm optimistic that the market will respond more positive," he said. "If Megawati is elected, well... probably [the response] will be positive too, but it won't be as good as Yudhoyono."  

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Translated by: Ariyantri E. Tarman