REPUBLIKA.CO.ID, JAKARTA -- Indonesia's capital market has improved its performance during 37 years in building national economy. It currently ranks third among Asian countries reflected by the rising price of Indonesia Composite Index (JCI) in 2014.

"JCI has gained 19.34 percent at level of 5,168.269 per August 13, 2014," Chief Executive of Capital Market Supervisory in Financial Services Authority (OJK), Nurhaida said on Thursday as reported by Friska Yolandha.

Indonesia is below Thailand, which grew 25.49 percent and India (24.02 percent). However, Indonesia's capital market is still on top of other solid indexes, such as Shenzen, Kospi and Strait Times. The three indexes are not able to grow more than 12 percent.

JCI's hike has also boosted market capitalization value up to 24.8 percent or 410.38 billion USD. Net asset value of mutual funds also shows an increase up to 8.97 percent or 238.78 trillion IDR during January-August 2014.

Investor confidence on national capital market increased. OJK will continue to make improvements in regulation and supervision to maintain the this strengthening. Mutia Ramadhani

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