Market Update
Global markets traded mixed amid AI-driven sentiment and renewed US-Iran tensions, while attention turned to S&P DJI.
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Market Update
The Value Added Tax (VAT) is planned to be increased to 12% in 2025 from the current 11%.
Market Update
In February 2024, the Indonesian people held the 2024 General Elections. The elections were conducted smoothly and peacefully.
Market Update
The increasing optimism towards the global economy and earnings improvement has led to new record highs in the world stock markets.
Market Update
Stock asset class has shown superiority over the past 3 months (as of Feb24). Major world indices surged, with the US S&P500 rising by 11.6%
Market Update
In January 2024, Bank Indonesia opted to maintain the BI Rate at 6.00%. The Rupiah’s exchange rate encountered difficulties.
Market Update
November markets faced Fed rate uncertainty and AI-driven volatility, as economic signals shaped investor sentiment across sector.
