In recent months, positive fundamentals have coloured stock indices green. Despite volatility, these positive fundamentals remain today. Therefore, analysts of JP Morgan emphasize that people should not turn their backs to stock markets now. Risks are obviously always present but the analysts stress that people should not be too concerned about ongoing volatility. In fact, volatility should be used to one's advantage by purchasing when the index is low. Below are five arguments that JP Morgan mentions as reason to keep buying stocks.
3 April 2020 (closed)
USD/IDR (16,464) -277.01 -1.65%
EUR/IDR (17,872) -449.69 -2.45%
Jakarta Composite Index (4,623.43) +91.74 +2.02%
Update COVID-19 in Indonesia: 2,092 confirmed infections, 191 deaths (4 April 2020)