Optimism Increases: CSA Index June 2024 Reaches 60

The CSA Index for June 2024 increased to level 60, showing optimism among market players after weakening in the previous month (51.4). JCI is projected to strengthen by 2.67% in June to 7157, supported by GDP growth above 5%, controlled inflation and a trade balance surplus. However, challenges remain, including depreciation of the rupiah, pressure on interest rates, and selling by foreign investors. In the next 12 months, market players are targeting the JCI to reach 7487, although this target is lower than before. June's leading sectors are financial, energy and infrastructure.

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