Ahead of the Prabowo Government, Analyst Explains the Condition of the Indonesian Stock Market

Ahead of the Prabowo Government, Analyst Explains the Condition of the Indonesian Stock Market
Stock trading board. (MI/Adam Dwi)

Ahead of the change of new government led by elected president Prabowo Subianto, the Indonesian‍ Stock Exchange (BEI) is expected to be⁣ able to monitor⁣ the ‍global situation which is currently uncertain and has an impact on the national economy.

Sharia stock market observer Ali Yusni Sahri said that the sluggish initial public offering (IPO) would have an impact on people’s enthusiasm for investment ⁢in the ‍capital market.

For this ⁣reason, he hopes that⁢ the stock exchange can⁤ help⁤ the new government in overcoming future economic challenges.

“The sluggish economic situation actually makes companies look for alternative business development ⁤and IPO is one answer. “The‌ increase in companies taking the floor will help increase ​the company’s ability to develop and this will certainly have an impact on increasing enthusiasm for the ‌business world,” he said in a statement ⁤received, Thursday (10/10). ⁢

Facing the problem of failure to increase the number of potential issuers, he hopes that the stock exchange will carry out introspection so that improvements can be made.

“The current situation⁤ is that people must be given the option that investment in the capital market is still attractive. “Moreover, ‌deflation is ⁤currently happening,” he explained.

He hopes that the IDX will not only pay attention to prospective jumbo issuers,⁢ so​ that medium-sized companies will be interested in taking the floor. (P-5)

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