President Joko “Jokowi” Widodo rang the bell for the opening of trading in shares on the Indonesia Stock Exchange (IDX) on Thursday (Jan. 2). Foreign investors welcomed the President’s speech that put the focus on building investors’ trust. They booked a net buy of Rp170 billion, while domestic investors opted to take profit and dominated the trading in the first trading day yesterday, so the composite index of IDX closed lower 0.25% at 6283. Meanwhile, the rupiah strengthened further to Rp13,895 against the U.S. dollar, supported by improved inflation for December 2019.
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