by December 30, 2011, total market capitalization Indonesia reached USD 3537.29 trillion.

 by December 30, 2011, total market capitalization Indonesia reached USD 3537.29 trillion.




This year, the shares of the issuer's market capitalization map conglomerate in Indonesia Stock Exchange (IDX) no change. Up and down the value of shares of the issuer's capitalization conglomerate, plus additional shares of new companies, helped boost the value of the stock market in Indonesia.

As an illustration, by December 30, 2011, total market capitalization Indonesia reached USD 3537.29 trillion. As of December 21, 2012, the market capitalization of the Indonesia Stock Exchange (IDX) rose 15.07 percent to Rp 4070.3 trillion. Of the total market value of shares on the Stock Exchange, about 22.2 percent of the issuer's shares is supported by six of the leading business groups in Indonesia.

They are the Astra Group, Salim Group, Bakrie Group, Lippo Group, MNC Group and Sinarmas Group. The total value of stock market listed companies in six business groups around Rp 905 trillion. It could be that the stock market value of BEI higher if the market capitalization of the six business groups that ride continues.

The problem is that the stock market value of two business groups even go down so far this year, the stock market capitalization of the Bakrie Group and Astra Group. Bakrie Group as an example. Since the beginning of the year until December 21, 2012, the market capitalization of the nine issuers Bakrie Group slumped 58.54 percent.

For comparison, last year, the market capitalization of the Bakrie Group was Rp 97.53 trillion. As of December 21, 2012, its value dropped to Rp 40.44 billion. Similarly, the market capitalization of the Astra Group. Value of the shares of the issuer's business fell 2 percent to Rp 391.58 trillion as of December 21, 2012. After all, the capitalization of the Astra Group remains the largest, followed by the issuer behind the Salim Group. When calculated, the capitalization weighted stock index Astra to reach 9.62 percent. This indicates the sensitivity of this group sentiment can affect the movement of the overall market.

Satrio Utomo, Head of Research Universal Broker Indonesia rate, drop in capitalization issuers Bakrie group is not separated from the chaotic power struggle in Bumi Plc, shareholders of PT Bumi Resources Tbk (Bumi). Pull of interests with Nathaniel Rothschild Bakrie Group to negative sentiment for the stock EARTH. "Shares of other Bakrie companies ultimately affected tend to be negative," said Satrio, last weekend.

Late last year, the total value of the shares at Rp 45.18 trillion EARTH when the price is Rp 2175 per share. As of December 21, 2012, EARTH stock price to Rp 600 per share so that the issuer's market capitalization fell to Rp 12.46 trillion.

According to the assessment Trust Securities Research Head, Reza Priyambada, Astra Group will continue to be a driving force market next year, mainly supported by the performance of the three main penggawa, PT Astra International Tbk (ASII), PT Astra Agro Lestari Tbk (AALI), and PT United Tractors Tbk (UNTR).

Only, so far, the stock is still stung by the negative sentiment UNTR decline in commodity prices, which lowers the demand for heavy equipment. At the same time, the stock can be grazed issue ASII rising fuel prices (fuel) in the next year.