JAKARTA - Followings are news briefs that may affect shares trading today:
- Financial Services Authority (OJK) announced that PT Waskita Concrete Precast Tbk has been included in the List of Islamic Securities. The decision is a follow-up of the review of the OJK on the fulfillment of the criteria of Islamic Securities Registration Statement submitted by the company. With this decision, the number of Islamic securities currently account for 326 shares. Data as of September 2016 show the number of Islamic stocks reached as much as 54.4 percent of all shares in the capital market with a market capitalization of Rp3,242.5 trillion (based on Sharia Stock Index Indonesia). While, the outstanding value of 47 Sukuk was Rp10.76 trillion or 3.76 percent of the outstanding value of the entire sukuk and corporate bonds. In addition, there are 114 Syariah Mutual Fund with total net assets value (NAV) of Rp10.67 billion or 3.28 percent of total NAV Fund. While the value of Shariah Securities (SBSN) reached Rp396.9 trillion, or 14.74 percent, with the number of SBSN 52 or 33.12 per cent of total Government Securities (SBN).
- Indonesia government will issue a new regulation permitting non-commercial foreign aircraft to fly domestic routes in Indonesia, from and to domestic and international airports. To secure a license for flying within Indonesian air zone, foreign private jets must obtain a diplomatic clearance from the Foreign Affairs Ministry, a security clearance from the TNI headquarters, and a flight approval from the Transportation Ministry. The operation non-commercial foreign aircraft in Indonesia is regulated in Transportation Ministry’s Regulation No. 66/2015 stated that non-commercial foreign planes can only land on or take off from Indonesia’s international airports, and are only allowed to fly overseas routes.
- Crude oil price in October 2016 delivery contract on the New York Mercantile Exchange slipped 2.35 percent at US$45.20 per barrel compared to the previous day. Although in the past week oil prices still managed to gain 0.82% rise. The latest data released by the International Energy Agency said that in August 2016, OPEC production rose to 33.47 million barrels per day (bpd) compared to the month of July 2016 were only 33.45 bpd, or a record high over the years. Support this increase production thanks to donations from Saudi Arabia rose to 10.6 million barrels per day, followed by Iran’s 3.6 million barrels per day which is a rise in four months in a row. As well as the United Arab Emirates by 3.07 million barrels per day, Kuwait 2.91 million barrels per day and the last of Libya by 1.46 million barrels per day.
- PT Telkom Indonesia Tbk (IDX: TLKM) and PT Aplikanusa Lintasarta, unit of PT Indosat Ooredoo Tbk (IDX: ISAT) cooperation with Regional Development Bank (BPD) to integrate the system throughout Indonesia. Later the Association of Regional Development Banks (Asbanda) will be officially launched this integration called BPD One on Oct. 26. Most of the cost of Rp 49 billion borne by Telkom as the party who set the technical operational server.
- Deposit Insurance Agency (LPS) has lowered the guaranteed interest rate given by banks on rupiah-denominated time deposits by 50 basis points. The agency has set its maximum rupiah-guaranteed interest rate, known as the LPS rate, for the period Sept. 15 to Jan. 15 at 6.25 percent, down from the current 6.75 percent. However, the LPS kept the guaranteed interest rate on United States dollar-denominated time deposits for the period at 0.75 percent, due to tight dollar liquidity in the country with banks still competing for greenbacks. The third-party funds — consisting of savings, current-accounts and term deposits — at 106 Indonesian commercial banks reached Rp 4,662.38 trillion across 185 million accounts as of July this year. (*)
Source: Mandiri Sekuritas