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Mining to Property, This's the Promising Share Prediction along 2020 for Batam Residents

In 2020, the mining sector is predicted to continue to be a sector of public interest. Here's the details.

Mining to Property, This's the Promising Share Prediction along 2020 for Batam Residents
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TRIBUNBATAM.id - In 2020, the mining sector is predicted to continue to be a sector of public interest.

Besides mining, there is also the property sector, as well as consumers.

Chris Apriliony, Branch Manager and Analyst at Utama Batam Capital Services said the stock sector was already cheap. 

From one of these stock sectors, the Property sector is currently actively building in the City of Batam.

But Chris considered, the development of property stocks for now is still in a position to wait, because, there is no Bank Indonesia policy regarding changes in interest rates.

If there is a decline in bank interest rates in 2020 as happened in 2019, Chris said there would be a decline in mortgage rates. 

Although property development in Batam City is currently being intensively carried out, but it turns out Chris said it has not been directly proportional to the movement of shares. 

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"The possibility of property development in Batam is currently being prepared in order to accommodate people's purchasing power if the level of consumption in property has increased," he explained.

"So that when the property trend has developed, property companies in Batam are ready to market their products," he continued. 

In 2019, due to the impact of the global economy, said Chris, many people are resisting making purchases both from the property sector and the car sales sector.

In addition to property stocks, other shares that can be a recommendation of the people in Batam City in 2020 are such as Unilever and Telkom.  (Tribunbatam.id/Nabella Hastin Pinakesti) 

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Penulis: Lia Sisvita Dinatri
Editor: Lia Sisvita Dinatri
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