Imron Mawardi's article "January Effect" in the Disway newspaper highlights good news from the Indonesia Stock Exchange (IDX). The article discusses how the January Effect, characterized by the Jakarta Composite Index (JCI) reaching a record high and market capitalization reaching Rp 11,768 trillion, is a positive signal for Indonesia's economic prospects in 2024. While investors are typically cautious during election years, they are actively engaged in the market this time, encouraged by a peaceful election and positive economic indicators. The article explains market phenomena such as the January Effect, sell-in-May-and-go-away, window dressing, and earnings season, providing insights into investor behavior and market dynamics. The article emphasizes Indonesia's resilience amidst global economic shifts, particularly in contrast to volatile markets in emerging markets. The article also discusses the success of IPOs in 2023, particularly those of companies owned by Prajogo Pangestu, which contributed to the dynamic stock market. Imron Mawardi's expertise as a lecturer at the Faculty of Economics and Business Universitas Airlangga adds credibility to this analysis, making it an interesting read for those interested in Indonesia's economic prospects and investment opportunities.
Read more at: https://harian.disway.id/read/752660/january-effect/30