8 October 2020
The JCI fell sharply by -7.03% in September, ending a long market rally which started at the end of March. This was accompanied by a massive amount of foreign net sell which recorded at IDR 15.5 Trillion. Meanwhile, the Omnibus Law on Job Creation was passed in early October which will impact the economy and stock market. Furthermore, as Indonesia set to enter its first recession in 20 years, we revisit the 1998 monetary crisis to get a glimpse on how investors can prepare for a recession.
