IDX urges calm after sharp Jakarta Composite Index correction
Jakarta, May 18 -- Indonesia Stock Exchange (IDX) Acting President Director Jeffrey Hendrik assuaged concerns as the Jakarta Composite Index faced a significant correction on Monday's trading, urging investors not to panic and to carefully plan strategies accordingly.
"We would like to once again remind investors of the need to pay attention to fundamentals, avoid panicking, conduct careful analyses, and arrange investment strategies based on their respective risk profiles," he remarked.
Speaking to reporters at the IDX Building in Jakarta on Monday, Hendrik acknowledged that Indonesia's stock market remains vulnerable to volatility driven by both domestic and external factors.
"The market condition is highly dynamic and continues to b...
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