BRIDS Market Pulse : Chart of the week – Equity Risk Premium
JCI fell 3.09% w-w to 6,241.89 (-27.8% YTD), the worst compared to regional peers, while the Rupiah also weakened 0.8% to Rp17,893/US$.
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Indonesia: Macro Stability and Attractive Valuations Create a Buying Opportunity
Equity valuations (11.75x trailing PER) are attractive (vs 20yr mean of 16.2x). Shrinking CAD helps stabilize IDR, likely allowing a rate cut this...
459 Views
Indonesia: Prabowo Risk Beginning to Hurt IDR, Requiring Tighter Money
Despite a smaller fiscal deficit (1.6% of GDP) in 2023, markets are pricing in "Prabowo risk". The switch to a current account deficit will...
483 Views
Elections Likely to Hand a Decisive Mandate to Strongman Prabowo
Controversial ex-general Prabowo is poised to win the presidential election with Jokowi's son as his running-mate, potentially leading to unstable...
518 Views
BRIDS Market Pulse: Chart of the Week – JCI Vs. Brent
BRIDS Market Pulse In the SpotlightMarket and Sector Performance. JCI edged down 0.1% w-w to 7,107 as of 27 March, its first trading week post-Eid,...
94 Views