Money in the Market: Stock winners & losers of Indonesia’s presidential elections

Investors in Indonesia had much to cheer as stocks saw their biggest increase in two months a day after Defence Minister Prabowo Subianto declared victory in the nation’s presidential election. The Jakarta Composite Index finished 1.3 per cent higher - that’s the most since December 14, and was nearing a record high. So to find out what this election means for domestic and international investors of Indonesia’s market, on Money in the Market, Hongbin Jeong speaks to Tareck Horchani, Head of Dealing, Prime Brokerage, Maybank Securities.   Highlights: 1. Could you shed some light on Indonesia's stock market performance leading up to the elections? What notable trends emerged during this period? - 1:02 2. What factors contributed to the notable increase of 1.3% in the Jakarta Composite Index following Prabowo Subianto's victory announcement? - 2:25 3. Why is this growth remarkable to Indonesian stocks? What does it imply? - 3:14 4. What were some sectors/stocks that were the winners following the election? Which were the losers? - 4:55 5. Why are the rate cuts by the Bank of Indonesia significant? - 9:02See omnystudio.com/listener for privacy information.