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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.

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