YOY Report on Asian Markets: India and Indonesia
This report provides an overview of the year-on-year (YOY) performance of the Asian markets of India and Indonesia. The report is based on data from Bloomberg, a leading financial data provider. It provides an analysis of the performance of the two countries in terms of their stock market indices, currency exchange rates, and other economic indicators. The report also provides an outlook for the future of the two countries in terms of their economic growth and investment opportunities.
Overview of India and Indonesia
India and Indonesia are two of the most populous countries in Asia, with a combined population of over 1.3 billion people. India is the world’s second-largest economy, while Indonesia is the fourth-largest. Both countries have experienced rapid economic growth in recent years, with India’s GDP growth rate reaching 7.2% in 2018 and Indonesia’s reaching 5.2%. The two countries have also seen significant investment from foreign investors, with India receiving $44.3 billion in foreign direct investment in 2018 and Indonesia receiving $24.3 billion.
Stock Market Performance
The stock markets of India and Indonesia have both seen significant growth in recent years. The BSE Sensex, India’s benchmark stock index, has risen by over 20% since the start of 2018, while the Jakarta Composite Index, Indonesia’s benchmark index, has risen by over 10%. Both countries have seen strong foreign investment in their stock markets, with India receiving $10.3 billion in foreign portfolio investment in 2018 and Indonesia receiving $7.2 billion.
Currency Exchange Rates
The Indian rupee and Indonesian rupiah have both seen significant volatility in recent years. The Indian rupee has depreciated by over 10% against the US dollar since the start of 2018, while the Indonesian rupiah has depreciated by over 5%. The two currencies have also seen significant volatility against each other, with the Indian rupee depreciating by over 15% against the Indonesian rupiah since the start of 2018.
Other Economic Indicators
India and Indonesia have both seen strong economic growth in recent years, with India’s GDP growth rate reaching 7.2% in 2018 and Indonesia’s reaching 5.2%. Both countries have also seen strong foreign investment, with India receiving $44.3 billion in foreign direct investment in 2018 and Indonesia receiving $24.3 billion. In addition, both countries have seen strong consumer spending, with India’s retail sales growing by over 10% in 2018 and Indonesia’s growing by over 5%.
Conclusion
The outlook for India and Indonesia is positive, with both countries expected to continue to experience strong economic growth in the coming years. India is expected to continue to benefit from strong foreign investment, while Indonesia is expected to benefit from its growing consumer base. In addition, both countries are expected to benefit from their strong stock markets, with both countries expected to continue to attract foreign portfolio investment.
