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JPMorgan upgrades Indonesia, lifting call that riled Jakarta
Bank's analysts raise their "tactical" view of Indonesian equities one level to "neutral"
Published Mon, Jan 16, 2017 · 09:50 PM
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Singapore
JPMORGAN Chase & Co has upgraded its assessment of the Indonesian stock market, reversing an earlier bearish call that prompted Jakarta to stop doing business with the US bank.
The bank's analysts raised their "tactical" view of Indonesian equities one level to "neutral" in a report dated Monday, saying th…
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