Indonesia: Elections in focus - TDS

TD Securities analysts point out that Indonesia holds Presidential and Parliamentary elections today and will be a key event for the Asian markets.

Key Quotes

“Polls point to a win by incumbent President Jokowi against his opponent Prabowo. However, there are a large number of undecided voters and those who may yet change their minds, which suggest that a Jokowi win is by no means a done deal.”

“A Jokowi win would likely elicit a more positive market reaction given that he is perceived as a stronger reform, whilePrabowo is seen as somewhat of an unknown quantity.”