Stocks Affiliated With Prabowo-Gibran May See Gains Following Quick Count Victory

Prabowo-Gibran’s large lead from the 2024 presidential election quick count results may positively catalyze stocks of companies that threw their support behind the pair, along with the IDX Composite.

Artha Adventy, Hafiyyan & Rizqi Rajendra

15 Feb 2024 - 17.52
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Stocks Affiliated With Prabowo-Gibran May See Gains Following Quick Count Victory

The atmosphere during the 'Mengawal Suara Rakyat' event supported by presidential candidate number 2, Prabowo Subianto, and vice-presidential candidate Gibran Rakabuming Raka at Istora Senayan, Jakarta, Wednesday (14/2/2024). Bisnis/Eusebio Chrysnamurti.

Bisnis, JAKARTA — The quick count results of the 2024 presidential election, which favor the pair of Prabowo Subianto and Gibran Rakabuming Raka, may provide bullish momentum for the stocks of their supporting corporations.

The candidate pair is leading according to all institutions conducting quick counts. As of 11:48 PM Western Indonesian Time, Wednesday (14/2/2024), quick count results show that Prabowo-Gibran leads in votes according to Charta Politika, Poltracking, Voxpolcenter, and Indikator.

To some extent, the results of the 2024 presidential quick count affect the movement of stocks of companies related to the pair and the Onward Indonesia coalition.

The coalition consists of eight political parties, namely the Gerindra Party, Golkar Party, National Mandate Party (PAN), Crescent Star Party (PBB), Garuda Party, Gelora Party, Democratic Party, and Indonesian Solidarity Party (PSI).

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© Copyright 2024, Hak Cipta Dilindungi Undang - Undang.