The Impact of Eid Mubarak on Stock Exchange in Indonesia

Eid Mubarak is about to come and many investors are competing to find out what stocks that should be collected along with the strengthening of purchasing power and consumption.
Based on the analysis in each year, here are the sectors that always have an excellent result towards the Islamic holiday:

  1. Telecommunication Sector. In this digital era, people mostly congratulate each other by phone, SMS, or online chat application. This activity will be the driving factors of performance improvement of telecommunication issuers. Several types of stock that are recommended by William Surya Wijaya, Vice President of Research of PT Indosurya Mandiri Sekuritas are shares of PT Telekomunikasi Indonesia Tbk. (TLKM) and PT XL Axiata Tbk. (EXCL).
  2. Retail Sector. Actually, there is no obligation to buy new clothes on the day of Eid al-Fitr. But in Indonesian culture, there is a strong habit that the holy day is identic by buying new clothes. In this case, Kevin Juido, Head of Research at PT Paramitra Alfa Sekuritas recommends PT Ramayana Lestari Sentosa Tbk (RALS) shares because the market segment of RALS is middle to lower class. On this kind of segment, if they get a holiday allowance (THR) mostly they will be so consumptive in shopping. In addition, Kevin also recommends the shares of ACES and LPPF because in the past month, the performances of PT Ace Hardware Tbk and PT Matahari Department Store Tbk have contracted to 11.57% and 15.99% respectively.
  3. Consumer Goods Sector. Towards Eid, the needs in this sector is increasing. Compared to the previous two sectors, this is the most excellent because if people do not buy new clothes for Eid or congratulate each other via online, it can be sure that they will still buy consumer goods for the big day. Some of the stocks worth mentioning by William are PT Unilever Indonesia Tbk (UNVR) shares, PT Nippon Indosari Corpindo Tbk (ROTI), and PT Indofood Sukses Makmur Tbk (INDF) shares.

So let’s take a look at some good stocks to buy and have a great holiday!

29 thoughts on “The Impact of Eid Mubarak on Stock Exchange in Indonesia

  1. I just want to mention I’m very new to blogging and site-building and absolutely savored this web-site. Most likely I’m want to bookmark your site . You really have outstanding article content. Thank you for sharing with us your website page.

  2. This is really attention-grabbing, You’re an excessively skilled blogger. I have joined your rss feed and stay up for looking for more of your excellent post. Also, I have shared your website in my social networks!

  3. Generally I don’t read post on blogs, however I wish to say that this write-up very compelled me to try and do it! Your writing taste has been amazed me. Thank you, very nice post.

  4. Have you ever thought about adding a little bit more than just your articles? I mean, what you say is important and everything. Nevertheless think about if you added some great graphics or videos to give your posts more, “pop”! Your content is excellent but with pics and videos, this blog could certainly be one of the very best in its field. Amazing blog!

  5. Good post and a nice summation of the problem. My only problem with the analysis is given that much of the population joined the chorus of deregulatory mythology, given vested interest is inclined toward perpetuation of the current system and given a lack of a popular cheerleader for your arguments, I’m not seeing much in the way of change.

  6. Hello, Neat post. There is an issue with your site in web explorer, may test this¡K IE still is the market leader and a huge component of people will omit your excellent writing due to this problem.

  7. Awsome article and straight to the point. I am not sure if this is actually the best place to ask but do you guys have any ideea where to hire some professional writers? Thanks in advance 🙂

  8. Enjoyed looking through this, very good stuff, thanks . “Shared joys make a friend, not shared sufferings.” by Friedrich Wilhelm Nietzsche.

  9. Spot on with this write-up, I truly suppose this website wants rather more consideration. I’ll probably be once more to read much more, thanks for that info.

  10. Thanks so much for providing individuals with an extremely pleasant possiblity to discover important secrets from this website. It is often very pleasant and jam-packed with a great time for me personally and my office acquaintances to visit your website at the very least three times weekly to see the newest stuff you have got. And lastly, I am also at all times satisfied concerning the stunning creative ideas served by you. Selected 1 areas in this post are indeed the most suitable I have had.

  11. I am only commenting to let you be aware of of the fabulous encounter my wife’s princess obtained going through the blog. She noticed numerous details, not to mention what it is like to have an awesome giving heart to have many others quite simply know precisely several very confusing subject matter. You undoubtedly surpassed our expected results. Thank you for giving the informative, healthy, revealing not to mention cool guidance on the topic to Mary.

  12. Thanks for your article. It is rather unfortunate that over the last ten years, the travel industry has already been able to to handle terrorism, SARS, tsunamis, influenza, swine flu, plus the first ever real global economic depression. Through all this the industry has proven to be strong, resilient along with dynamic, finding new ways to deal with misfortune. There are usually fresh complications and the possiblility to which the field must yet again adapt and reply.

  13. I just could not depart your web site before suggesting that I extremely enjoyed the standard information a person provide for your visitors? Is going to be back often in order to check up on new posts

  14. I don’t even know how I ended up here, but I thought this post was great. I do not know who you are but definitely you’re going to a famous blogger if you aren’t already 😉 Cheers!

  15. It’s awesomeremarkableamazing fordesigned forin favor ofin support of me to have a websiteweb sitesiteweb page, which is beneficialhelpfulusefulvaluablegood fordesigned forin favor ofin support of my experienceknowledgeknow-how. thanks admin

  16. Hi, i think that i saw you visited my blog thus i came to “return the favor”.I’m trying to find things to enhance my site!I suppose its ok to use some of your ideas!!

  17. Thanks for the sensible critique. Me & my neighbor were just preparing to do some research on this. We got a grab a book from our local library but I think I learned more from this post. I’m very glad to see such fantastic information being shared freely out there.

Leave a Reply