Growth Continues, Vigilance Remains

Edwin Sebayang, research chief of PT Bhakti Sekuritas, shook his head as he watched the composite stock price index throughout the year. No wonder. The capital market repeatedly scored impressive records. Indonesia's stock exchange index continued to excel.

Edwin recalled that in early 2010 he predicted the composite stock price index (IHSG) would rise to a maximum of 3,300. At the end of 2009 the IHSG registered 2,500. He had predicted that the in

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