Fund Managers Bet on Indonesia's Cyclical Stocks, See Long Rally Ahead

... big part in lifting the Jakarta Composite Index (JCI) to above 5,500 ... push higher in 2021. "JCI today is at the ... the same event. The index reached an all-time high ... a new target for JCI of 6800 in 2021, ... said next year the JCI was likely to continue ...

Indonesian Stocks Still Have Room to Gain: Morgan Stanley

Jakarta. Global investment bank Morgan ... the past seven months. The Jakarta Composite Index (JCI) was likely to reach 6 ... Blake said. "Its relative strength index is somewhat stretched against the ... overall picture," he said. JCI has been rallying by 41 ...

SOEs Plot $562m Buyback After OJK Relaxes Rule to Stem Covid-19, Oil War Slump

Jakarta. Major state-owned companies are ... buyback period has begun... the JCI [Jakarta Composite Index] has gone down. Companies' fundamental ... lowest level since 2016. The JCI fell 6.6 percent to ...