Bisnis.com, JAKARTA— Robust fundamentals of state-owned banks, BBRI, BMRI, BBNI, have drawn foreign investors following de-escalating the trade war between the United States and China. As a result, the domestic capital market is growing.
The trade war de-escalation is evidenced by the continued strengthening of the Jakarta Composite Index (IHSG), which breached the psychological level of 7,040, rising 0.86% at the close on Thursday (15/5/2025)—despite still recording a year-to-date (YtD) decline of 0.56%.
