Investors are gaining confidence in Indonesia after Wednesday's massive elections. Financial markets rose as President Joko Widodo looked set to secure a comfortable win against his rival Prabowo Subianto. CGTN's Silkina Ahluwalia has more from Jakarta.

Indonesia's currency and its financial markets are looking positive after the country's biggest single-day elections in history. As President Joko Widodo is on course to win his re-election, analysts are brushing aside concerns, especially for investors.

JOSUA PARDEDE ECONOMIST "It shows that markets seem to be confident in the next five years of Jokowi because the investors appreciated the achievement of the government in the last five years by giving structural reforms to the economy, by doing the regulations to the policies and by doing some streamlining to the policies so I think this is a positive news for capital market and investors."

The outcome of this year's election is clearly favourable from a market perspective.

SILKINA AHLUWALIA JAKARTA "Stocks in Jakarta reached at least 2 point 3 percent, the highest since February 2018. The currency also managed to rise 0 point 6 percent to 14,000 rupiah per US dollar, a seven-week high."

Soon entering his second-term, Joko Widodo's administration has plans to revive Indonesia's economic growth. The country is still far from the target of 7 percent that Joko Widodo set during his first term with growth just hovering above 5 percent year on year."

JOSUA PARDEDE ECONOMIST "Maybe we think that 7 percent is too high to achieve the target because we know that in the last 10 years the commodity boom has ended because our economy highly depend on the commodity when the boom ended, the economy will be impacted negatively. We now want to change the traction by changing the structure of the economy by not too dependent on commodity."

Josua says Indonesia should focus on physical and non-physical infrastructures by increasing the quality of human resources in the country. By doing that, the productivity of Indonesia's economy will increase along with the income per capita for the workers. Silkina Ahluwalia, CGTN, Jakarta.