Avoid commodity price volatility by buying into Indonesia's 'immune' stocks: UOBKH

Singapore

UOB Kay Hian (UOBKH) is recommending investors to take shelter in Indonesia's finance, retail, healthcare and technology sectors to avoid fluctuations in commodity prices, given their minimum exposure.

Noting the "skyrocketing" prices of commodities such as wheat, coal and oil since the onset of the Russia-Ukraine conflict, the research house estimates many have risen by more than 50 per cent compared to their 2021 average levels.