Stock index price pierces to 5800 level in 2017

Stock index price will pierce to 5800 level in 2017 according to pt mandiri security analyst adrian joezer. The prediction is based on the fully supported raise by the growth of earning per share. There will be slight decline of the share price per earning ratio to 14.8 times, adrian said.
Further he claimed that optimistic scenario of stock index price will close at 6100 level and pessimistic rate will be at 4925 if the fiscal expenditure of USA obligation turn to be higher than prediction.

Optimistic prediction of capital market is much grounded on the stability of rupiah, fiscal sitimulus package and under controlled inflation as predicted in 2017. In summary, there will be two important period contributing toward capital market fluctuation in 2017 namely first period of semester I of which tax amnesty will bring positive stimulus to capital market segment while in second semester, risk of external fiscal will be a turbulence toward domestic market. There are some stock recommended to be owned in 2017 namely PT gudang garam, pt indofood, pt telkom, pt pembangunan perumahan, pt wijaya karya, pt mitra adiperkasa, pt surya citra media and bank BTN.