LQ-45
Encyclopedia
LQ 45 is a stock market index
for the Indonesia Stock Exchange (IDX) (formerly known as Jakarta Stock Exchange
). The LQ 45 index consists of 45 companies that fulfill certain criteria, which is:
It is calculated semi-annually by research & development division of Indonesia Stock Exchange.
Stock market index
A stock market index is a method of measuring a section of the stock market. Many indices are cited by news or financial services firms and are used as benchmarks, to measure the performance of portfolios such as mutual funds....
for the Indonesia Stock Exchange (IDX) (formerly known as Jakarta Stock Exchange
Jakarta Stock Exchange
Jakarta Stock Exchange or in Indonesian Bursa Efek Jakarta was a stock exchange based in Jakarta, Indonesia, before it merged with the Surabaya Stock Exchange to form the Indonesian Stock Exchange.-History:...
). The LQ 45 index consists of 45 companies that fulfill certain criteria, which is:
- Included in the top 60 companies with the highest market capitalization in the last 12 months
- included in the top 60 companies with the highest transaction value in a regular market in the last 12 months
- Have been listed in the Indonesia Stock Exchange for at least 3 months
- Have good financial conditions, prospect of growth and high transaction value and frequency
It is calculated semi-annually by research & development division of Indonesia Stock Exchange.