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View all search resultsThe 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.
Investors should gear up for upcoming market uncertainty nearing the United States presidential election, an equity analyst has said, suggesting that August would be the last month for now to go on a buying spree.