Jakarta, CNBC Indonesia- Sucor Sekuritas economist, Ahmad Mikail, assesses that the Indonesian bond yield place within the vary of 6.3% or 6.2%, which follows the decline in US treasury yields, will likely be a constructive sentiment for the home capital market.
When SUN yields decline together with the federal government’s steps to extend world bonds and the top of the rise in benchmark rates of interest, it will encourage the movement of international funds again into the inventory market. That is anticipated to be a constructive sentiment for the JCI rally on the finish of 2023.
What sentiments will affect the motion of the Indonesian capital market on the finish of 2023 till 2024? For additional particulars, see Syarifah Rahma’s dialogue with Sucor Sekuritas Economist, Ahmad Mikail at Energy Lunch,CNBCIndonesia (Wednesday, 11/22/2023)