24 Hrs
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المشهد العربي
Indonesia Sovereign Fund Seeks Market Confidence
Indonesia's sovereign fund emphasized the need to increase transparency in the local stock market to rebuild investor confidence, especially after the Jakarta Composite Index declined by 28% during the first nine months of the year, marking the worst global performance due to poor transparency and shaken trust. The CEO of Danantara Fund explained that the market is suffering from a liquidity shortage, which threatens to drive away foreign investments, and that the fund is making efforts to support stability and enhance local institutional presence through clear improvements in transparency.
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