Impact of USA’s crisis to IDX
— yulyanto
closeAuthor: yulyanto
Name: Yulyanto
Site: http://www.yulyanto.com
About: I was born on July, 16th of 1979, after graduate from Senior High School on 1996, I was continued my study at University of Persada Indonesia YAI (Jakarta) on 2002, majoring in Bachelor of Accounting and then continue my study in the same institution, success to get Master of Management especially Finance Management on 2005. After finish my first Master degree in Management, I’ve got the second Master of Law at University of Indonesia (Jakarta), especially in Economics Law on 2007 by Office’s Scholarship.
I have been working at PT Sanwell Austindo-Jakarta (www.austindocorporation.com), my last position as a Finance Manager, and then start on May 2007 I have been moving as a Marketing Manager, but until now I am still responsible as an Internal Control Manager at PT Austindo Perdana- Bali (Austindo Groups).
In my spare time, usually I am always reading and writing something. Until now, I have been contributed my opinion by some media, like’s science journal, articles, blogs and also in my personal website too (www.yulyanto.com).
Someday, I hope that my written will be useful for anything all in the world ………..............................…See Authors Posts (226) • October 8th, 2008
The United Stated of America’s (USA) crisis on last week has not influence our domestic economic, this condition caused by our market was closed for the “Idul Fitri holidays”.
The influence has been done on this week, after the Idul Fitri holidays was finished. On Monday trading opening (06/10/08), our Jakarta Composite Index (JCI) was decrease to the amount of 3% percent and was closed on 1.648,74. It is fall from the final trading before “Idul Fitri holidays” on September, 29 of 2008, in the level 1.832.
The US Congress refusal to approve the US$700 billion bail out funds to overcome the countrys financial crisis had a tremendous impact on the world economy, also our stock market (Indonesia Stock Exchange/ IDX). This could happen because the fluctuations in the world economy may become more extreme.
Regarding to the worst economics condition currently, the Indonesian government must be alert to the matter because though the impact was not big today, but it could be different in the future.
Topic: Bank, Business, Economic Growth, Finance, Government, Invesment, News
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