Optimism for the Indonesian Stock Market at the Beginning of 2025: CSA Index Analysis

The January 2025 CSA Index recorded a figure of 84.2, reflecting market players' optimism regarding the potential January Effect which could increase buying activity on the stock market. This increase continues the positive trend since August 2024, driven by expectations of stability in the Indonesian economy, including controlled inflation and good economic growth. Even though there are challenges from tax policy and volatility in the rupiah exchange rate, the Financial and Energy sectors are predicted to be the main drivers of the JCI at the beginning of this year. Market players remain optimistic even though the JCI strengthening target has decreased, with a projected closing of the JCI at level 7,532.

Learn More: CSA Index January 2025: Investors await positive sentiment