Brokerages try to gauge new leaders
Retail, banking and tourism stocks are set to benefit from the policies of the new coalition government led by the Move Forward Party, according to analysts.
Policies announced by the Move Forward Party, which bagged 152 seats in the House of Representatives and is set to lead the new coalition government, focus on boosting the efficiency of the economy by reducing monopolies and increasing welfare for all, said Asia Plus Securities (ASPS).
In the short term, investors interpreted the party’s…
