Indonesia stocks seen rising 14.5 pct in 2008 -UBS


JAKARTA, Dec 17 (Reuters) - Indonesia's stock market, the second-best performing market in Asia after China this year, may rise a further 14.5 percent in the next 12 months as the economy expands at its fastest pace in over a decade, UBS said on Monday. The main risk was high oil prices that could hurt corporate earnings, said UBS head of research Joshua Tanja in Jakarta. "Next year consumption is the number one story for us," Tanja told a briefing, adding that sectors such as autos, ...

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