REPUBLIKA.CO.ID, JAKARTA -- President Director of the Indonesian Stock Exchange (BEI) Ito Warsito said he was confident the performance of BEI would improve in 2015 on expectation the country's economy would improve.

"In 2014, the performance of the domestic market was hampered by unfavorable political condition and external factor. In 2015, the economy and political condition is expected to improve. The BEI index would be driven by positive sentiment," Ito said here on Friday (2/1).

He said the number of listed companies is also expected to increase, adding there would be at least 12 newly listed companies in 2015.

"There are many companies putting off listing in 2014 awaiting condition to improve in the market. There are two companies to be listed this month," he said.

In 2014, the BEI index grew 22.3 percent, which was one of the highest in Asia putting behind the share markets of Thailand, Malaysia and Singapore.

Ito also said he was confident the country's economic liquidity would improve in 2015 with the government's determination to carry out large scale development of infrastructure.

He said rupiah is also predicted to gain greater stability that it would affect the performance of the stock market.

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"Indonesian economy would be more resilient against external factors," he said.

Meanwhile, chairman of the board of commissioners of the Financial Service Authority (OJK) Muliaman D Hadad said the implementation of the regional free trade scheme of Asean Economic Community would have its impact on the Indonesian capital market in the future.

"Hopefully the condition would serve to motivate the Indoensian stock exchange to move forward to contribute to the country's economic development," Muliaman said.

The first trading day of 2015 on Friday was marked with BEI index closing higher. 

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