INDONESIA - Time to increase long positions?
4 JANUARY, 2022
At least one person has died and thousands have evacuated their homes after floods and landslides on the island of Sumatra, Indonesia.
8 DECEMBER, 2021
At least 5 people have lost their lives and thousands of homes have been damaged after days of flooding in West Nusa Tenggara Province, Indonesia.
7 DECEMBER, 2021
The eruption of Mount Semeru in Indonesia on Saturday tragically claimed the lives of 22 people, with another 22 still missing and 56 injured. More than 5,000 people have been affected by the eruption, and more than 2,000 people have taken refuge at 19 evacuation points.
23 NOVEMBER, 2021
Flooding has affected over 25,000 people in different parts of the island of Sumatra, Indonesia,
Despite the unfortunate but "usual" flow of natural disasters in our beloved Indonesia, the market overperforms China, and is one of the strongest "Asian Tigers" in the last 6 months - except Taiwan that is excluded from the chart for more clarity. So we have increased by 25% our long position during the current consolidation phase below 500, waiting for more upside in the next quarters. The position equals now 2.2% of the whole portfolio.
INDONESIA vs CHINA, HONG KONG, KOREA,
INDONESIA - DAILY CHART
Future Will Tell...
Edited 09 Jan 2022, 15:01
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