Indonesian stocks will bounce back

Indonesia’s stock market had a tough 2013, falling 22% in US dollar terms. But this year the Jakarta Composite index has regained the top spot among Asian equity markets. And Nomura Securities reckons “the worst might be over”.

Last year’s jitters over reduced quantitative easing (QE) by the US Federal Reserve hit stocks and the rupiah hard. The prospect of money fleeing emerging markets reminded investors that Indonesia was among those most dependent on foreign capital: its current-account deficit exceeded 4% of GDP in the third quarter.

But the external deficit has since improved, leaving Indonesia less vulnerable [...]

MoneyWeek magazine

Latest issue:

Magazine cover
Paying by mobile

Why your phone will replace your wallet

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.