Jakarta, CNBC Indonesia – Next week will be a fairly busy period. Investors must keep their eyes and ears intact because there is important momentum that can determine market movements.
Throughout this week, the Composite Stock Price Index (IHSG) rose 1.59% on an annual basis point-to-point. JCI is the fourth best stock index in Asia. However, foreign investors booked a net sale of Rp 1.41 trillion.
While the yield (yield10-year government bonds increased 9.8 basis points (bps). Increase yield indicates that the price of bonds is falling due to selling action. Bank Indonesia noted that foreign investors made net sales of Rp. 6.87 trillion in the Government Securities (SBN) market during March 8-10, 2021.
The capital outflows in the stock and bond markets weakened the rupiah. Throughout this week, the rupiah has depreciated 0.63% against the United States dollar (US).
So, how about this week? What sentiments should investors pay attention to?
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