Indonesia's Stock Market Is Still Interesting Even Though Volatility Rises

Head of Research & Chief Economist Mirae Asset Rully Arya Wisnubroto (Mirae Asset Sekuritas Indonesia)

JAKARTA - Head of Research & Chief Economist Mirae Asset Rully Arya Wisnubroto assessed that although market volatility has the potential to increase, the prospects for the Indonesian stock market are still positive.

According to Rully, this is supported by a more pro-growth and solid macroeconomic fundamental direction of fiscal policy.

He considered that Purbaya Yudhi Sadewa's appointment as Minister of Finance changed the focus of policy towards more aggressive economic growth, but still needed to maintain fiscal discipline.

Investors need to remain adaptive to global and domestic dynamics. In general, market prospects are still interesting," he said in his statement, quoted Friday, October 17.

Rully said that current stock market corrections were influenced by market players' attention to global and domestic macroeconomic factors such as increasing global uncertainty, rising gold prices, and rising foreign capital flows out of the bond market of IDR 45.8 trillion in September. October.

Meskipun demikian, ia menambahkan sejak awal tahun pasar saham masih mencatatkan net buy asing.

On the same occasion, Mirae Asset Head of Business Development Simon Gunawan Sinaga conveyed that PT Mirae Asset Sekuritas Indonesia has five new strategies in the MAIA feature in the M-STOCK application as part of MAIA's evolution as Artificial Intelligence (AI) Trading Assistant for stock transactions.

Simon said investors can take advantage of market volatility with the help of new MAIA strategies designed for various customer transaction characters, especially when dealing with macroeconomic dynamics.

These five new MAIA strategies are available to all M-STOCK users, both novice investors and experienced traders, so that they can adapt their investment approaches to their respective character and trading goals," he said.

He added that MAIA helps simplify transaction processes while at the same time supporting more objective, efficient, and personal decision-making for users.

According to him, with this additional new strategy, a total of six strategies can be accessed directly through the MAIA feature in the M-STOCK application.

He said, for investors who prioritize stability, the Neutral Market strategy is suitable for use, with a global annual percentage yield (APY) of 22.67 percent and a 90 percent win-loss ratio (W/L).

Simon menambahkan, bagi yang ingin hasil lebih agresif, tersedia Market Neutral Aggressive, sementara untuk gaya trading jangka menengah, Swing Strategy mencatat APY tertinggi 35,8 persen dengan W/L ratio 90 persen.

"Untuk trader aktif, strategi HFT Scalp, Ultra Scalp, dan Ultra Scalp Max Allocation menawarkan peluang cepat dengan APY hingga 35,74 persen dan W/L hingga 70 persen," jelasnya.

Simon menilai, strategi MAIA dapat diterapkan di berbagai kondisi pasar, terutama ketika volatilitas diperkirakan meningkat dalam waktu dekat.

Simon added, for those who want more aggressive results, there is an Aggressive Neutral Market, while for medium-term trading style, Swing Strategy records the highest APOY is 35.8 percent with a W/L ratio of 90 percent.

"For active traders, the HFT Scalp, Ultra Scalp, and Ultra Scalp Max Allocation strategy offers fast opportunities with APY up to 35.74 percent and W/L up to 70 percent," he explained.

Simon assessed that MAIA's strategy could be applied in a variety of market conditions, especially as volatility is expected to increase in the near future.