Mandiri Securities viewfinder 50 thousand retail investors

Heru Abraham -Sindo Newspaper

Sindonews.com -PT Mandiri Securities this year targeting can earn 50 thousand retail investors in the capital markets. That number increased almost four times the number of retail investors last year that only reaches 14 thousand investors.

Director of Independent securities, says the target achievement Arwana Abiprayadi retail investors as the company's efforts to support the performance of the capital markets industry.

"The total number of retail investors in capital markets stagnate. We wish and also plays a role in the retail sector, independent targeting retail investors Securities increased to 50,000 in 2013, "said Abiprayadi in the event the Media Gathering Independent Securities in Denpasar, Bali, Monday (23/2/2013).

He assesses, retail investors can contribute big enough for the development of the domestic capital market industry. Securities companies along with stock market authorities have a major role to increase the number of investors.

As the son of perusaan of PT Bank Mandiri (Persero) Tbk, according to his company's profit Abiprayadi, have because it could embrace the retail investors through Bank Mandiri.

"With Bank Mandiri customers as much as 12 million accounts, if we're just 0.5 per cent for retail investors, then there are already 60 thousand who invent new investors," explained him.

Looking ahead, Abiprayadi said, his company will submit a proposal to the parent company to offer programs Independent of investment securities.

"We will hunt down Bank Mandiri. We will be proposing to the retail investor and there are still few in number in Indonesia, which is 360 thousand, need the support of Government as a regulator, "he imbuh.

(rna)

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics

Retail sales despite increased taxes on salaries

Overall, retail sales increased 0.1 percent during the month, according the Census Bureau.

While this slowdown of 0.5 percent increase in December sales, the profit was in line with expectations. Economists were expecting the consumer downturn as payroll tax cut expired, causing the workers receive their pay slightly lower.

General merchandise stores posted strong sales. Increased sales in stores January 1% from December.

"It's the month of clearance, and the companies were trying to get rid of all of their winter," Yaron Martis-Olivo, Director of consumer research, Thomson Reuters. "That bodes well for consumers because right now the weaker paychecks."

Publicly traded retailers, such as target (TGT, Fortune 500), Nordstrom (John, Fortune 500) & Missy (M, Fortune 500), all reported solid gains in sales recently.

"To continue our shopping with the discipline in the face of a slow economic recovery and new pressures, including payroll tax increases," said goal CEO Greg stinhavil said in a statement last week.

Other groups were not strong as the stores in January. Auto sales fell slightly, as did sales at furniture shops, health and personal care stores.

The sales were in food services and drinking places flat during the month.

Related: why do gas prices go up

Consumer spending is expected to weaken in the coming months. Department stores tend to put their full-price spring in February. Consumers will also start along with tax increases, the impact of high gas prices, which rose so far, approximately 20 cents per gallon, or 6 percent, in the first two weeks of February.

"We wouldn't be surprised to see higher taxes and petrol prices hit sales more difficult in the next few months," Paul Dales, u.s. economist with capital economics.

First published: 13 February 2013: 8: 51 am et

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics