Market Outlook: The Finale

The last debate last Saturday epitomized the intensified competition among the two candidates. With various latest pools continued to highlight smaller gap trends, both candidates presented their best effort during the last debate in a bid to lure more votes, especially from the undecided voters. To our surprises, Jokowi appears to considerably improve his confidence in enunciating his vision as well as when defense his statement. If Jokowi were to win, strong inflow will likely to happen next week, which would drive up market valuation and will be followed by IDR appreciation. Read More