Positive political, economic outlook to support JCI, says Ma
Bareksa • 18 Mar 2014
Man walks past an electronic board displaying various countries' stock price indices outside a brokerage in Tokyo (REUTERS/Toru Hanai)
Good expectations among market players will lead the capital market industry to be positive in the future
The Jakarta Post - Investment banking and financial advisory firm PT Mandiri Sekuritas says positive expectations of Indonesia’s political and economic fundamentals will support the Jakarta Composite Index (JCI) throughout 2014.
“In stock movement theories and expectations on either good or bad changes in the country will become an influencing factor. Thus, good expectations among market players will lead the capital market industry to be positive in the future,” said Mandiri Sekuritas equity research head John Rachmat in Jakarta on Monday, as quoted by Antara news agency.