Bahana TCW Sees JCI to Rise to 6,500 by End of 2021


Jakarta - Chief Economist of Bahana TCW Investment Management Budi Hikmat projects that the JCI still has room to rise to the 6,500 level until the end of 2021.

"However, we must also remain vigilant because this pandemic is still not over, the potential for the black swan phenomenon will continue to occur, especially if we look at the Face-to-Face Learning rules which still have a big risk because teenagers under 12 years of age have not received the vaccine so that has great potential as a carrier," said Budi through a press release on Monday (20/9).

The Government Regulation regarding the Enforcement of Restrictions on Community Activities PPKM, in the midst of soaring Covid-19 cases since last July, is now starting to show positive results. One of them can be seen in the national positivity rate, which has decreased at 3.05%, while in DKI Jakarta, which is the heart of the Indonesian economy, the positive rate has reached 1.8%.

"The a



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