Market Pulse: Indonesian Markets Ignore Moody's Boost

Indonesia's financial markets have been anything but upbeat. Throughout last week, investors had been counting on positive sentiments after Moody's Investor Services raised Indonesia's rating to Baa2 on April 13. But markets seem to be oblivious to it, continuing its negative trend and simply ignoring Moody's new rating for Indonesia.

At the stock exchange, foreign investors recorded a net sales of Rp1.29 trillion in the week after the upgrade. Moody's

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

• *You Save -Rp 102.000
• *Guaranteed update of up to 52 Editions of Tempo Magazine

Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

• *Free for the first month if using a Credit Card

Subscribe

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.