Bisnis, JAKARTA — The prospects for issuers in the banking and property sectors appear to be losing their luster, clouded by expectations that Bank Indonesia (BI) may maintain its interest rates rather than lower them.
Bank and Property Stocks Lose Their Shine
The appeal of banking and property stocks is being dampened by interest rate policies. Bank Indonesia is expected to hold the rate steady at 6% as a response to both domestic and global economic conditions.
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