Obama Won, Indonesian Capital Market Riang

Barack Obama wins re-election of President of the United States for the second time. The victory was also significant for the Indonesian capital market.

Director of Indonesia Stock Exchange (IDX) Ito Warsito welcomed the victory of Barack Obama. It is considered to provide good luck for Indonesia.

"That's good news for Indonesia," Ito said when met at the office of BEI Jakarta, Wednesday (11/07/2012).

According to Ito, for Obama to be President of the United States, the flow of foreign capital in particular from the United States continue to come to Indonesia. As a result, the condition of the stock price index (CSPI) also fueled up.

On the other hand, Obama's victory for the second time also benefit exporters in the country. Therefore, the United States, as one of the three largest export destination countries of Indonesia, will have a positive impact, both for Indonesia and the United States itself. That is, Obama's victory will not lead to export-import policy change.

JCI trading day closed with a rise 36.16 points (0.84 percent) to 4350.43. Meanwhile, the rupiah closed up 3 points from Rp 9633 to Rp 9630 per U.S. dollar.

Look forward to the new U.S. President, Crude Oil Jumps

Crude oil in the global market rose close to 3 percent in trading Tuesday (11/06/2012) as strengthening Wall Street as investors awaited the results of the U.S. presidential election.

U.S. indices rose as some investors bet by predicting Obama's Republican challenger, Mitt Romney will win the election. This encourages the energy sector strengthened.

But the market does not care analysts assert presidential winner. But it is clear the results will end the uncertainty the next U.S. leader.

U.S. crude rose U.S. $ 3.06 to U.S. $ 88.71 per barrel for December delivery. Meanwhile, Brent crude rose U.S. $ 3.3 to U.S. $ 111.07 per barrel in London.

U.S. stocks closed higher on Wednesday (07/11/2012) before the election results pushed investors looked forward to a resolution to the White House. Dow Jones up 1.02% to as low as 13245.52. The S & P rose 11.09 points, or 0.79%, at 1428.35. The Nasdaq Composite Index was up 12.27 points, or 0.41%, at 3011.93.

Capital Market Greek Deal Determining Voting

Greece was heading for a decisive vote on austerity measures needed to keep the bailout program is on track.

It happened as the commencement of the joint strike and European officials who have not reached an agreement over time for rescue disburse funds.

EU Commissioner Olli Rehn speaks at a meeting of G-20 in Mexico City, local time yesterday, said the deal should be made at a meeting of EU finance ministers in Brussels 12 November 2012.

A European official who asked remain anonymous, was quoted as saying Investindo Futures Monex research team, said he doubted the prospects of the deadline. Officials also are not expected to result in an agreement.

Greece is under pressure to make more efforts to control budget deficits and economic deregulation. "We need to think together about how to reduce the debt burden on November 12," said Rehn.

"I am confident that we are able to reach a mutual agreement," he continued.