{
    "success": true,
    "data": {
        "id": 1049971,
        "msgid": "jakarta-stock-exchange-introduces-sector-indices-1447893297",
        "date": "1996-01-04 00:00:00",
        "title": "Jakarta Stock Exchange introduces sector indices",
        "author": null,
        "source": "",
        "tags": null,
        "topic": null,
        "summary": "Jakarta Stock Exchange introduces sector indices JAKARTA (JP): The Jakarta Stock Exchange (JSX) said yesterday that it has introduced 10 JSX Sector Indices to provide a more comprehensive market information to investors. Currently there are two indices available from the exchange: the JSX composite index and the individual company index.",
        "content": "<p>Jakarta Stock Exchange introduces sector indices<\/p>\n<p>JAKARTA (JP): The Jakarta Stock Exchange (JSX) said yesterday<br>\nthat it has introduced 10 JSX Sector Indices to provide a more<br>\ncomprehensive market information to investors.<\/p>\n<p>Currently there are two indices available from the exchange:<br>\nthe JSX composite index and the individual company index.<\/p>\n<p>The 10 sector indices, issued last Tuesday, are based on 10<br>\nindustrial sectors; agriculture, mining, basic industry and<br>\nchemicals, light industry, consumer goods, property and real<br>\nestate, infrastructure and transportation, finance, trade &amp;<br>\nservice and manufacturing.<\/p>\n<p>Manufacturing is a combination of basic, chemicals, light  and<br>\nconsumer goods industries.<\/p>\n<p>A director of JSX, Mas Achmad Daniri said that the exchange<br>\nhas established the basis date of Dec.28, 1995 with the basis<br>\npoint of 100 for the sector indices.<\/p>\n<p>The sector indices are calculated by dividing the market value<br>\nof all companies in the sector with the index basis value of each<br>\nsector.<\/p>\n<p>The index basis value for each sector is as follows: Rp 128<br>\nbillion (agriculture), Rp 1.9 trillion (mining), Rp 31.8 trillion<br>\n(basic industry and chemicals), Rp 10.2 trillion (light<br>\nindustry), Rp 37.7 trillion (consumer goods), Rp 8.8 trillion<br>\n(property), Rp 38.2 trillion (infrastructure), Rp 13.5 trillion<br>\n(finance), Rp 79.8 trillion (manufacturing).<\/p>\n<p>JSX's president Hasan Zein Mahmud said that the issuance of<br>\nJSX sector indices will help interested parties get a more<br>\naccurate picture of the market because the indices will show the<br>\ntrend of various industries at the exchange.<\/p>\n<p>\"As the market develops, it is hoped that the JSX sector<br>\nindices will reflect the overall prospect of various industries<br>\nin the country,\" Hasan said.<\/p>\n<p>Daniri told the Jakarta Post that sometimes investors judge<br>\nthe market based on the composite index only. The composite index<br>\ncannot reflect all the individual stocks, let alone a particular<br>\nsector. Therefore, the publication of sector indices will allow<br>\ninvestors to plan better investment strategies. (08)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/jakarta-stock-exchange-introduces-sector-indices-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}