US polls result likely to positively affect Jakarta Composite Index: Analysts

The IDX logo is seen in front of a giant screen that displays information of the movement of stock prices at the Indonesia Stock Exchange (IDX), Jakarta, on March 13, 2020. - JP This article was published in thejakartapost.com with the title "US election result likely to positively affect JCI, trump negative sentiment: Analysts". Click to read: https://www.thejakartapost.com/news/2020/11/06/us-election-result-likely-to-positively-affect-jci-trump-negative-sentiment-analysts.html.

JAKARTA (The Jakarta Post/ANN): The result of the United States election is expected to create a positive lasting effect on Indonesia’s stock market in the mid- to long-term, offsetting the negative sentiment among investors from the recession, analysts have said.

Mirae Asset Sekuritas research head Hariyanto Wijaya told The Jakarta Post on Thursday (Nov 5) that he believed a win for Democratic presidential candidate Joe Biden would result in positive sentiment for the Jakarta Composite Index (JCI), the Indonesia Stock Exchange’s (IDX) main gauge.