TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search results
The President may not be a fan of stock trading, but his words certainly carry weight, as evidenced when the IDX Composite dipped 0.4 percent the day after he likened it to gambling at a Muhammadiyah meeting on Wednesday.
Falling interest rates in developed economies should see more portfolio investment flow back into emerging markets like Indonesia, but some sectors stand to benefit more than others, and caution is warranted as fears of a US recession continue to haunt global markets.
The local bourse has seen a general lifting in projections among global investment banks on the back of a stronger rupiah and expectations for a Fed rate cut before the year-end as well as fiscal discipline under the incoming Prabowo administration.
