Marekt Pulse: What Next After The Jakarta Election?

May 2, 2017

We have just completed Jakarta's gubernatorial election, which was swift, efficient and safe, without much incidents, as some feared. The market's reaction has been serene as well. The rupiah continued to move around its 13,300 per US dollar comfort zone, while Jakarta's Composite Index (JCI) improved slightly from 5,600at the time of the electionto 5,650 last weekend. But, this election is being seen as a litmus test for the upcoming 2019 president

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