JAKARTA: Franklin Templeton Investments continues to buy Asia Pacific countries bond that have the best currency performance to maximize profit.Indonesia, Australia and South Korea might shine this second semester, stated Seoul-based Franklin Templetons chief investment officer for fixed income Kim Dong II as cited on Bloomberg.Franklin Templeton is a global investment manager company from the United States. The company has 30 offices around the world.According to Kim, Asias currencies are prospective as countries in the region show a good economic leap.Australian dollar surged to the highest record yesterday, while the 10 most commonly used Asia's currencies, including yen, reached their highest level in 14 years.Won also is continuing its growth as well and rupiah is stated as the best performer in 2010 among 10 countries with the largest economy.HSBC index showed rupiah-denominated bonds gave 9.4% yields throughout this year, the highest among another 10 bond markets in Asia. South Koreas bond rose 3%, explained Bloomberg.Franklin Templetons bond yields rose 6.8% to US$4.2 billion this year, exceeding other similar bond.At stock market, share valuation level at Indonesia Stock Exchange is projected to slip next year asthe ratio of prices to earnings reached 12.9 times.Such matter is due to companies net profit growth which will make the valuation of share price declining.PT BNP Paribas Investments Partnerss President Director Tino Moores stated Indonesia stock exchange will continue to move in a positive trend until next year.JCI, yesterday, slipped 0.68% to 4,145.83. Dow Jones rose 0.28% to 12,377.82 and S&P 500 rose 0.40% to 1,310.12. (03/Arif Gunawan S./Diena Lestari)(t05/msw)

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