What Are The Prospects Of PALN Single Stock In 2024?

Photo: Didi Kurniawan/VOI

JAKARTA - The rapid development of technology allows every long-term market or investor or trader to make transactions to buy and sell shares in certain countries that have been legalized by regulators in Indonesia.

Based on this, a new investment alternative has emerged called the Distribution of Customers' Mandates to the Foreign Futures Exchange (PALN). This alternative allows investors to invest in foreign exchanges directly at the price of real time. One of the PALN products is PALN Single Stock.

The number of retail investments in the trade futures and commodities sector in Indonesia continues to grow to encourage more trade and investment schemes that can open up opportunities and opportunities for new portfolios. So that it is not limited to one country, but includes cross-border assets and investments.

This is what Gotrade is using to continue to take initiative on innovation and business expansion to develop its platform. Currently, Gotrade has 1 million customers only domestically, not including international customers. Gotrande's transaction achievement in 2023 reached IDR 15 trillion.

Norman CEO of Gotrade in his remarks at the outlook presentation of the PLAN Single Stock sector in 2024 said, Gotrade is an investment platform that has been launched in 2022, we focus on applications that are safe, comfortable and easy to use for investment exposure in the US, we cooperate with the JFX ecosystem, KB Valbury Sekuritas.

"In 2022, investment instruments or stocks can be watched through Gotrade are only 50, while in 2023 there will be up to 620 shares and this year there will be more," said Norman, Thursday, January 25.

In 2024, Gotrade, which is under the auspices of Valbury Asia Futures, has better market expectations after the Fed is expected to lower interest rates.

Jakarta Futures Exchange (JFX) CEO Stephanus Paulus Lumintang said Gotrade as a platform must be admitted to have gone through a difficult phase, where legality is very important where currently it has valid contracts.

"If we look at industrial clients like this, we cannot deny that the current era is the era of technology, so we must be able to maximize financial potential with mature risk management by controlling emotions. If we are involved in illegal investment instruments. It must be understood and a comparison regarding logical investment offers or not, then how can we maximize retail optimally," he said.

In investing, of course, each individual must be able to take profit or risk management, with a calculation of how many returns can be obtained and what risks are lost.

Then the next important point is how to take advantage of opportunities to invest that don't necessarily happen for the second time.

"There is nothing certain about investing," said Paulus.

For investments that are either investors or Prime Ministers, they must pay attention to the fundamental, technical and momentum aspects to determine a mature investment strategy.

Meanwhile, Aries Yuangga, Industrial Practitioner, Trader, and Investor, said that technical analysis remains useful where we can see direct demand supply. We expect S&P to be closed at 5000 or 6000.

In 2023, market palaku concentration focused on fear of inflation and recession. However, in fact inflation has subsided, the economy remains strong despite the banking crisis. The Fed raised the 4X interest rate in 2023 but hinted at the potential for a reduction in interest rates in the future.

Stock performance is strong with an increase of about 26 percent for the S&P 500 last year. Referring to last year's data and the sentiment that occurred until early 2024, the prospects for the technology sector in 2024 will still be quite positive in the gaps by AI and the cloud.

"In 2024, growth can still be even more, but corrections can be corrected to 4300. With the expectation of strengthening to 6200," said Aries.

Sentiment that must be considered, investment actors must monitor macroeconomic conditions in 2024 is the Fed's policy regarding benchmark interest rates, geopolitical wars and their impact on international trade. One of the reasons why interest in investing in US stocks is so high is because US stocks have greater size and liquidity, more diverse investment opportunities and stronger regulatory environments.