Indonesia among the most optimistic markets
Indonesia is the third most optimistic market in Asia after India and China, according to a quarterly investor survey by Dutch financial institution giant ING.
Despite global market uncertainty and the impact of US sub-prime crisis during the first quarter of this year, the fast growing markets of India, China and Indonesia have gained the highest level of investor confidence.
The ING Investor Dashboard survey measures and tracks investor sentiment and behavioUr quarterly from 13 Asia Pacific markets, with each market assigned an investor sentiment score ranging from 0 (the least optimistic) to 200 (the most optimistic).
India, China and Indonesia recorded the highest level of investor optimism scoring 168, 136 and 131 respectively.
Other countries surveyed included Hong Kong, South Korea, Malaysia, the Philippines, Singapore, Thailand, Taiwan, Japan, Australia and New Zealand.