Market Pulse: Good News Amid Uneasy Calm
Tuesday, May 23, 2017
High political tension in the last two weeks have not brought any ill tidings to Indonesian financial markets. Investors seem unaffected by the unrest on the future of the country's diversity, which is fundamental to its existence and unity. Amidst this tension, S&P Global Ratings raised Indonesia's credit rating into investment grade of BBB-. In the last 40 minutes of trading last friday, share price soared by 2,59 percent.
High political tension in the last two weeks have not brought any ill tidings to Indonesian financial markets. Investors seem unaffected by the unrest on the future of the country's diversity, which is fundamental to its existence and unity. Amidst this tension, S&P Global Ratings raised Indonesia's credit rating into investment grade of BBB-. In the last 40 minutes of trading last friday, share price soared by 2,59 percent.
This good news makes the
...
Subscribe to continue reading.
We craft news with stories.
For the benefits of subscribing to Digital Tempo, See More