REPUBLIKA.CO.ID, JAKARTA -- After the big jump on Feb 5 4Q15 GDP release, Jakarta Composite Index (JCI) is trending sideways. KDB Daewoo Securities suspect that most positive developments are already baked in the cake, and think further upside to be limited for the time being.

However, as KDB have noted in our January strategy, consider current market condition to be a stock pickers market.

"We suggest investors to take bottom-up fundamental approach when making investment decisions," said Head of Research KDB Daewoo Securities Taye Shim on Thursday (17/2).

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