Market Pulse: Yet Another Concern about China

There was hardly any enthusiasm in financial markets after S&P Global Ratings raised Indonesia to investment grade, two weeks ago. The market reacted indifferently; with some areas even trending negatively. This goes against many investors' expectations, who had hoped an investment grade from S&P will boost the value of their financial assets.

Stock prices appreciated momentarily near the end of trading, on the day the higher rating was announced.

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