The shares of PT Indah Kiat Pulp and Paper (INKP) Tbk and PT Pabrik Kertas Tjiwi Kimia Tbk (TKIM) streaked high. From the beginning of the year, the prices sped up hundreds percent. TKIM shares already strengthened 358.05%, from Rp 2,970 to Rp 13,300 at the closing price 29/5/2018. While INKP,
Market Insights
Asian Markets are Bleeding and Interest Rate Hike Haunts JCI
Grasping Opportunities from Market Fluctuations
The weakening and strengthening of Rupiah have affected the price of Indonesia Composite Stock Price Index (IHSG). Yesterday, when Rupiah strengthened from 14,000 to 13,995 the price of IHSG also rose to 6,078.87 from 5,963.47. Today, when Rupiah is back to 14,000, the price of IHSG is falling to 6,030.056
BI Rate and Stability of Rupiah
Nowadays, there are many factors that make our financial market more fluctuate than before. Stock price has decreased and rupiah has depreciated. One intervention that Bank of Indonesia already done is increasing BI rate. The most trigger why Bank of Indonesia increasing BI rate is because Fed will increase their
Indonesian Infrastructure: Progressing Slowly but Surely
Sense of Optimism in IHSG and Rupiah to Investor Confidence
Composite Stock Price Index (CSPI/IHSG) rebound from 5,900 levels to the level of optimism touching at 6,068.32 today. The strengthening of Rupiah at 13,995 today also trustfully gives a remarkably positive exposure in the stock market after depreciating recently to the worst performers among Asian currencies, causing several producers using
Indonesia New Central Bank Deputy Governer Impact The Market
Recently Perry Warjiyo was sworn in as the new central bank deputy governor of Indonesia. He will be in charge from 2018 to 2023 replacing Agus Martowardojo, the previous deputy governor. This turnover is inseparable from the current Indonesian economy and is driven by significant rupiah depreciation. This change is welcomed