Bisnis.com, JAKARTA - Investors are more bullish for Jakarta Composite Index (JCI) outlook in 2022, as Indonesia's benchmark index saw a 10,08 percent growth in 2021 – the best among other indices in the region.
Combined economic growth momentum and commodity boom will fuel up JCI performance towards the 7.000 points. The US Federal Reserve bond purchase tapering or the 7-Day Reserve Repo Rate (7-DRRR) hike will have minimal impact on the composite index movement.
CIO of Danareksa Investment Management, Herman Tjahjadi, said Indonesia's macroeconomic conditions are getting better by 2022, as reflected in the PMI (Purchasing Managers' Index) manufacturing which rebounded to an expansion level above 50 as people's mobility increases.