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View all search resultsMirae Asset Sekuritas research head Hariyanto Wijaya told The Jakarta Post that he believed a win for then-Democratic presidential candidate Joe Biden would result in positive movement in the Jakarta Composite Index (JCI), the main gauge of the Indonesia Stock Exchange (IDX).
The Jakarta Composite Index (JCI), the main gauge of the Indonesia Stock Exchange (IDX), climbed by 2.89 percent to 5,161.82 against the previous trading day, continuing last Friday’s rally of 2.56 percent.
The Jakarta Composite Index (JCI) is likely to continue its rally beyond 5,500 despite the looming recession and increasing number of COVID-19 cases, as the government’s COVID-19 response and the capital inflows from new domestic investors will boost investor confidence, analysts have predicted.
The rise of the retail investor has been marked by a deluge of financial planning content shared over social media, increased demand for investment coaching events and brokerage firms setting their sights on youngsters.
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