๐๐ฎ๐ง๐ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญ (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐:ย ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐๐๐ฌ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ญ๐ซ๐๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐๐ญ๐ข๐จ๐ง ๐ฌ๐๐๐ญ๐จ๐ซ, ๐๐ง๐ ๐ซ๐๐๐จ๐ฎ๐ง๐ ๐จ๐ง ๐ฌ๐๐ฏ๐๐ซ๐๐ฅ ๐ญ๐๐๐ก ๐๐จ๐ฎ๐ง๐ญ๐๐ซ๐ฌ ๐๐ฆ๐ข๐ ๐๐๐ฎ๐ญ๐ข๐จ๐ฎ๐ฌ ๐ฆ๐จ๐ง๐ข๐ญ๐จ๐ซ ๐จ๐ง ๐ญ๐ก๐ ๐ฌ๐ข๐ณ๐ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐๐๐ซ๐๐ง๐๐ ๐ซ๐๐ญ๐ ๐ข๐ง๐๐ซ๐๐๐ฌ๐ ๐ญ๐จ ๐๐ ๐๐ง๐ง๐จ๐ฎ๐ง๐๐๐ ๐ญ๐จ๐๐๐ฒ ๐๐ฒ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐๐๐ง๐ญ๐ซ๐๐ฅ ๐๐๐ง๐ค
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (6/15) is expected to trade between 6,990pt โ 7,110pt ย to attempt higher and supported by bargain hunters.
In the local news, the Indonesia Ministry of Finance (MoF) is perfecting its effort to tap more of domestic retail investors to finance the countryโs growth throught its retail government bonds or SBR. ย ย Easier access has been granted through 1) more distribution channels (now to include fintech companies vs. previously only state-owned banks) , 2) lower initial investment of IDR1mn (previously IDR5mn), 3) non-tradable SBR type is enhanced with adjustable coupon rate, 4) Shariah-compliance SBR is also available, while also enriched with type of โgreen-consciousโ underlying projects, 5) available on the on-line platformย Last year, financing raised through the ย SBR amounted to IDR100tr or representing some 5% of the total countryโs annual budget, but recorded a huge 50% annual growth.
Wall Street yesterday (6/14) ended with the DJIA closed lower ย by 152pt, or 0.5% to 30,365pt, while the S&P500 and the Nasdaq closed lower by 0.4% and higher by 0.2%, respectively. Meanwhile, the 10-year Treasury yield closed higher by ย 11bp to 3.5%, or highest since April 2011. Investors are in monitor and roughly-estimating of the US central bank Federal Reserves decision on the FFR hike during Juneโs FOMC meeting today a 50bp, 75bp, or 100bp increase.
Yesterday ย the WTIย price closed lower by 1.9% to ย USD118.6/barrel, also on the circulating issue of failure of implementation on Russia oil ban. Meanwhile, the USDIDR closed ย at IDR14,729 vs. IDR14,672 ย the previous one.
Cheers,