JAKARTA (Yosefardi) – One week ahead, the year 2014 will pass, to enter the new year 2015. We can say 2014 as the year of banking stocks, otherwise this year is the hell for coal stocks.
As of December 18, 2014, foreign investors booked net buy of Rp45.43 trillion in local stocks. They held 41% market coverage with total trading value of Rp571.9 trillion.
While local investors held 59% of trading with total value of Rp836.3 trillion.
Composite index of the Indonesia Stock Exchange (IDX) gained 19.63% year to date (as at Dec 18), ranked 3rd among global indexes, behind China (+44.5%) and India (+28.16%).
Five stocks leading the IDX year to date are Bank Rakyat Indonesia which gains 60%, Telkom (+30.2%), Bank Mandiri (+35.7%), Unilever (+21.9%), and Bank Negara Indonesia (+51.3%).
While coal stocks are mostly laggard. Indo Tambangraya lost 46.3% year to date, Trada Maritim (-81.6%), Bumi Resources (-82.3%), Bayan Resources (-21.2%), and Bank Internasional Indonesia (-27.6%).