Market Pulse : Awaiting S&P's Upgrade

This is the best quarterly result for equities in emerging markets for the last five years. The MSCI Emerging Market Index gained 11.4 percent in the first three months of 2017. The MSCI covers 23 emerging markets, including Indonesia.

Unfortunately, the gain for investors in the Indonesian Stock Market does not match up to it. As of Thursday last week, the Jakarta Composite index (JCI) 'only' rose by 7.12 percent since the start of the year. It see

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