IDX Composite - Jan 2024
From Nov 23 - Composite has gone up for around 10% until the current date.
Some news says " there is a pull back as rate cut rally dissipates"
for IDX, we must see using the Indonesia's rate policy, which now is in a good stand, inflation is under control, most of big companies performance for the last 9months have shown a significant growth. Our Banking industries', which accounted to around 50% of the Composite portion's, growth also in the good direction.
We are still waiting for the last quarter performance result
I believe, this year, though it's a political year for indonesia, IDX COMPOSITE will still grow higher than last year
Some news says " there is a pull back as rate cut rally dissipates"
for IDX, we must see using the Indonesia's rate policy, which now is in a good stand, inflation is under control, most of big companies performance for the last 9months have shown a significant growth. Our Banking industries', which accounted to around 50% of the Composite portion's, growth also in the good direction.
We are still waiting for the last quarter performance result
I believe, this year, though it's a political year for indonesia, IDX COMPOSITE will still grow higher than last year
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