๐๐๐ง๐ฎ๐๐ซ๐ฒ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญย (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ฆ๐๐ฃ๐จ๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐๐๐ฌ ๐๐ฅ๐จ๐ฌ๐๐ ๐ฅ๐จ๐ฐ๐๐ซ ๐๐ฒ ๐ฌ๐จ๐ฆ๐ ๐%, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐จ๐ง ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐จ๐ซ๐ฌ’ ๐ฃ๐ข๐ญ๐ญ๐๐ซ ๐จ๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐ฆ๐จ๐ง๐๐ญ๐๐ซ๐ฒ ๐ญ๐ข๐ ๐ก๐ญ๐๐ง๐ข๐ง๐ ๐ฌ๐ญ๐๐ฉ๐ฌ ๐ญ๐ก๐ข๐ฌ ๐ฒ๐๐๐ซ
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (1/19) is expected to trade between 6,540pt – 6,650pt and to hold ground while supported byย bargain hunters. Meanwhile Wall Street yesterday (1/18) ended with the DJIA closed lower by 543pt, or 1.5%, while the S&P500 and the Nasdaq Composite both closed lower by 1.8% and 2.6%, respectively.
Today ย the JCI is expected to be volatile, also in response of the spike of the 10-year yield of the US ย benchmark Treasury note, that closed higher by 11bp yesterday.ย Market participants in the US equity market seemed to nerveouly prepare for the countryโs central bank decision on ย steps in the hawkish lane, to be heard on the release of Januaryโs FOMC , on the 26th. ย Also, Indonesia central bank Bank Indonesia is scheduled to start its Januaryโs Board-of Governors meeting today. At the other end, positivity rates of COVID-19 new cases in the capital city Jakarta during the last 7(seven) days has risen again into the range of 3.1% – 4.9% , higher than record-low of 0.2% – 0.4%.
The JCI yesterday (1/18) performed fluctuated with the day-low, at 6,534pt or -1.7% of last close, ย much off our estimated spot. The presurres yesterday was linked to fear of the impact of current status of ย COVID-19 new cases spread, as indicated by sector top under-performers of transportation ย & logistics (-2,7%) and technologies (-2.3%).
At the other end, yesterday ย the WTI price closed higher by 2.4% to USD85.4/barrel, ย mainly on geopolitic risk on news that Yemen rebels of Houthi/Shia-Zaydi attacted the civilian areas in the UAE capital and 3 (three) people was founded dead. Meanwhile, the USDIDR closed ย at IDR14,325 vs. IDR14,323 ย the previous one.
Cheers,