Reversal in Progress: Indonesian Financials Lose Their Shine
Indonesian Financials are under pressure, with fund ownership falling to a 4-year low. Once a strong overweight, conviction is narrowing to a few...
309 Views
IDX30/LQ45/IDX80 Index Rebalance: Changes Across the Indices
There are 2 constituent changes each for the IDX30 Index and the LQ45 Index, and 3 constituent changes for IDX80 Index to be implemented at the...
787 Views
Banks: Deteriorating Household Loans’ Asset Quality (NEUTRAL)
Maintain Neutral rating on the sector with BBCA as our top pick, followed by BTPS, on their earnings momentum and lesser ownership.
174 Views
BRIDS Market Pulse: Chart of the Week – Telco Sector 5-Year EV/EBITDA
The week’s positive performance brought JCI to a 1.2% YTD increase, better than majority of ASEAN EM peers, while foreign investors were still at...
235 Views
BRIDS Market Pulse: Chart of the week – Domestic Funds’ Positioning in Key Sectors
JCI declined by -0.9% w-w, underperforming regional EM peers, driven by a correction in the banking sector (-5.9% w-w) following weaker-than...
362 Views