When US President Donald Trump posted on Truth Social on June 15 that the deal with Iran was complete and that the Strait of Hormuz would open, global markets responded immediately and dramatically. Asian markets, which had borne the heaviest direct exposure to the four-month Strait closure, led the
India's equity markets are attracting selective investor interest this week despite acknowledged vulnerability to global energy prices. While the market is currently neutral on India due to its sensitivity to oil prices, select consumer stocks are favored as the broader economy demonstrates resilience. This nuanced view reflects India&
The Indonesian stock market experienced significant swings this week as investors recalibrated valuations across the banking sector. Bank Rakyat Indonesia saw analyst price targets trimmed from IDR 3,000 to IDR 2,828 per share, citing updated assumptions around revenue growth, profit margins, and future valuation multiples. This recalibration reflects