*As seen on our tweet:* [image: Inline image 2]
HSBC mendahului Credit Suisse, dengan men-*downgrade* Indonesia *equity to Underweight* dari *Neutral* pada Senin, 26 Maret lalu. *In Monday’s report, HSBC’s Herald van der Linde, head of Asia-Pacific equity strategy, cuts Indonesia to underweight from neutral, arguing that rising inflation will force the central bank to retreat from its dovish stance, and that tighter policy will not support equities.* *“We believe the central bank will have to change course and tighten monetary policy to address the significant build-up in inflation pressures we expect over the next three quarters,” he writes.* * * *HSBC points out that the market is still relatively expensive. High corporate return on equity has kept its price to book ratio is 3.0, above its long-run average of 2.8.* * * http://tinyurl.com/7623wrt -- '+' Follow positif01indo on Twitter: https://twitter.com/#!/positif01indo Persetujuan *request followers* baru diberikan hanya satu kali tiap akhir kuartal maks 500 *request */ diskresi kami.
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