Indonesian hiccup or structural concern?


DESPITE the recent sharp decline, the outlook for Indonesian equities still leans towards recovery rather than long-term damage, with policy support, earnings growth and structural reforms expected to reassert themselves once near-term volatility fades.

Market nerves remain raw, but forward-looking expectations continue to frame the selloff as a setback rather than a turning point. That perspective gains traction after a turbulent end to January that sees investors pulling back sharply.

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