IHSG Year-End Target Cut by Kiwoom Sekuritas to 5,700-6,000
Kiwoom Sekuritas Indonesia has lowered its year-end target for the Indonesian Composite Stock Price Index (IHSG) from 7,000 to 5,700-6,000, citing concerns over MSCI market reclassification and foreign investor outflows. Improvements in liquidity, transparency, and corporate governance are deemed crucial for market recovery.
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