{"id":9563,"date":"2024-03-13T00:00:00","date_gmt":"2024-03-12T17:00:00","guid":{"rendered":"http:\/\/mandiri.test\/uncategorized-id\/equity-market-commentary-february-2024\/"},"modified":"2026-01-28T16:08:17","modified_gmt":"2026-01-28T09:08:17","slug":"equity-market-commentary-february-2024","status":"publish","type":"post","link":"https:\/\/mandiri-invest.azdevs.my.id\/en\/articles\/equity-market-commentary-february-2024\/","title":{"rendered":"Equity Market Commentary : February 2024"},"content":{"rendered":"
\n
\n
\n

Enthusiasm<\/h2>\n

 <\/p>\n

In February 2024, Indonesia’s political landscape witnessed a significant event\u2014the election of a new president for the next five years. The enthusiasm surrounding this election was particularly high among the young generation, who accounted for one-third of the total voters. The smooth electoral process garnered appreciation from global investors, resulting in substantial inflows into large-cap stocks.<\/p>\n

Furthermore, the government’s increased social assistance to low-income communities has bolstered purchasing power. This positive catalyst is expected to enhance money circulation across various economic sectors. However, February 2024 also posed challenges due to rising rice prices in many cities, exerting pressure on other goods and services. Fortunately, this surge in rice prices is temporary, and upcoming harvesting seasons should alleviate the strain.<\/p>\n

Looking ahead, domestic equity markets are poised for growth, fueled by several positive factors. These include dividends, as well as the festive season of Hari Raya Idul Fitri (Lebaran). However, it’s essential to keep an eye on the exchange rate of the Indonesian Rupiah, as the Federal Reserve’s monetary policy of maintaining higher rates for an extended period may impact global currencies.<\/p>\n<\/div>\n<\/div>\n

 <\/p>\n<\/div>\n

Product Recommendation<\/h2>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n
EQUITY FUND<\/th>\n<\/tr>\n<\/thead>\n
MITRA A<\/a><\/td>\nMITRA invests in majority domestic stocks, with a focus on Big Cap stocks. Categorized as a Long-Term investment with high risk. Investors bear the risk associated with the equity portfolio.<\/td>\n<\/tr>\n
MICB A<\/a><\/td>\nMICB primarily invests in stocks included in the LQ45 index. Categorized as a Long-Term investment with high risk. Investors bear the risk associated with the equity portfolio.<\/td>\n<\/tr>\n
EQUITY INDEX AND ETF FUND<\/th>\n<\/tr>\n
FTSE ESG A<\/a><\/td>\nFTSEESG primarily invests in stocks included in the FTSE Indonesia ESG Index. Categorized as a Long-Term investment with high risk. Investors bear the risk associated with the equity portfolio.<\/td>\n<\/tr>\n
XMLF<\/a><\/td>\nMandiri ETF LQ45 is an ETF that invests in blue-chip stocks listed in the LQ45 Index. Categorized as a Long-Term investment with high risk. Investors bear the risk associated with the portfolio of these stocks.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\n

For More Information<\/h3>\n

Contact Mandiri Investasi – (021) 526 3505
\nMandiri Investasi Whatsapp – 0816 86 0003
\nMandiri Investasi Email – cs@mandiri-investasi.co.id<\/a>
\nMandiri Investasi Website – www.mandiri-investasi.co.id<\/a>
\nMoinves Website – www.moinves.co.id<\/a><\/p>\n

\n

DISCLAIMER<\/em>
\n
\nThe opinions expressed in the article are for general informational purposes only and are not intended to provide specific advice or recommendations for individuals or specific mutual fund or investment products. It is intended solely to provide education about the financial industry. Views reflected in the content may change at any time without notice. All performance data and investment returns mentioned in this article cannot be used as a basis for calculation to buy or sell a mutual fund. This data is performance records based on historical data and is not a guarantee of future mutual fund performance. Investment through mutual funds carries risks. Investors are required to read and understand the prospectus before deciding to invest through mutual funds.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

In February 2024, Indonesia’s political landscape witnessed a significant event\u2014the election of a new president for the next five years.<\/p>\n","protected":false},"author":2,"featured_media":7146,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[366],"tags":[365],"class_list":["post-9563","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-english"],"acf":[],"yoast_head":"\nEquity Market Commentary : February 2024 - Mandiri Investasi<\/title>\n<meta name=\"description\" content=\"In February 2024, Indonesia's political landscape witnessed a significant event\u2014the election of a new president for the next five years.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Equity Market Commentary : February 2024 - 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