Will The Jakarta Composite Index Continue To Outperform In 2023?

The Jakarta Composite Index is still up by 3.6% year-to-date and remains one of the few Asia markets still in positive territory. The economy appears to be on a stronger footing and inflation more contained and the November print coming in at 5.4%. Meanwhile, Bank Indonesia expects GDP for 2023 to expand from 4.5% to 5.3%. What does all this mean for Indonesia equities going in 2023 and which sectors should investors be focusing on? For answers, we speak to Jerry Goh, ASEAN Equities, Investment Manager, ABRDN.

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