October 24, 2022: Closing Remark
𝐎𝐜𝐭𝐨𝐛𝐞𝐫 𝟐𝟒, 𝟐𝟎𝟐𝟐
𝐂𝐥𝐨𝐬𝐢𝐧𝐠 𝐑𝐞𝐦𝐚𝐫𝐤
Aғᴛᴇʀɴᴏᴏɴ,
Tʜᴇ Jᴀᴋᴀʀᴛᴀ Cᴏᴍᴘᴏsɪᴛᴇ Iɴᴅᴇx (JCI) ᴛᴏᴅᴀʏ (10/24) ᴄʟᴏsᴇᴅ ᴀᴛ 7,053ᴘᴛ, ʜɪɢʜᴇʀ ʙʏ 35 ᴘᴏɪɴᴛs ᴏʀ 0.5% ɪɴ ᴀ ᴛᴏᴛᴀʟ ᴠᴏʟᴜᴍᴇ ᴏғ IDR13.2ᴛʀ ɪɴᴄʟᴜᴅɪɴɢ ᴛʜᴇ ɴᴇɢᴏᴛɪᴀᴛᴇᴅ ʙᴏᴀʀᴅ ᴏғ IDR2.1ᴛʀ.
Tʜᴇ JCI ᴡᴀs sᴜʀʀᴏᴜɴᴅᴇᴅ ʙʏ ᴘᴏsɪᴛɪᴠᴇ sᴇɴᴛɪᴍᴇɴᴛs ᴛᴏᴅᴀʏ, ɪɴᴄʟᴜᴅɪɴɢ ᴛʜᴇ ᴀᴘᴘʀᴇᴄɪᴀᴛɪɴɢ ᴛᴇɴᴅᴇɴᴄʏ ᴏғ USDIDR. Aᴛ ᴛʜᴇ sᴘᴏᴛ ᴍᴀʀᴋᴇᴛ, ᴀs ǫᴜᴏᴛᴇᴅ ғʀᴏᴍ ᴛʜᴇ ᴍᴇᴅɪᴀ, USSDIDR ᴄʟᴏsᴇᴅ ʜɪɢʜᴇʀ ʙʏ ᴀʀᴏᴜɴᴅ 0.2% ᴛᴏ IDR15,585, ᴅᴇsᴘɪᴛᴇ ᴛʜᴇ sᴛʀᴏɴɢᴇʀ USD ɪɴᴅᴇx ᴛᴏᴅᴀʏ ᴛʜᴀᴛ ʜᴏᴠᴇʀᴇᴅ ɪɴᴛᴏ ɪᴛs 52-ᴡᴇᴇᴋ ʜɪɢʜ ᴏғ 114.78.
Tᴏᴘ ғɪᴠᴇ sᴛᴏᴄᴋs ʙʏ ᴛʀᴀᴅɪɴɢ ᴠᴀʟᴜᴇ ɪɴ ᴛʜᴇ ʀᴇɢᴜʟᴀʀ ʙᴏᴀʀᴅ, ᴀᴛ ᴛʜᴇ ʟᴀsᴛ ᴘʀɪᴄᴇ ᴛᴏᴅᴀʏ, ᴡᴇʀᴇ Bᴀɴᴋ Rᴀᴋʏᴀᴛ Iɴᴅᴏɴᴇsɪᴀ (Pᴇʀsᴇʀᴏ) (IDR4,500, +IDR70 ᴏʀ 1.6%, IDR840ʙɴ), Bᴀɴᴋ Cᴇɴᴛʀᴀʟ Asɪᴀ (IDR8,900, +IDR250 ᴏʀ 2.9%, IDR792ʙɴ), Bᴜᴍɪ Rᴇsᴏᴜʀᴄᴇs (IDR182, +IDR4 ᴏʀ 2.3%, IDR544ʙɴ), Bᴀɴᴋ Mᴀɴᴅɪʀɪ (Pᴇʀsᴇʀᴏ) (IDR10,250, -IDR100 ᴏʀ -1.0%, IDR528ʙɴ), ᴀɴᴅ Bᴀɴᴋ Nᴇɢᴀʀᴀ Iɴᴅᴏɴᴇsɪᴀ (IDR9,350, +IDR350 ᴏʀ 3.9%, IDR4388ʙɴ).
Meanwhile, Hᴏɴɢ Kᴏɴɢ sᴛᴏᴄᴋs ᴀɴᴅ ᴍᴀɪɴʟᴀɴᴅ Cʜɪɴᴀ ᴍᴀʀᴋᴇᴛs ғᴇʟʟ sʜᴀʀᴘʟʏ ᴛᴏᴅᴀʏ ᴏɴ Mᴏɴᴅᴀʏ ᴡʜɪʟᴇ ᴏᴛʜᴇʀ ᴍᴀᴊᴏʀ Asɪᴀ-Pᴀᴄɪғɪᴄ ᴍᴀʀᴋᴇᴛs ʀᴏsᴇ. Mᴀɪɴʟᴀɴᴅ Cʜɪɴᴀ ᴍᴀʀᴋᴇᴛs ʙʀɪᴇғʟʏ ᴇɴᴛᴇʀᴇᴅ ᴘᴏsɪᴛɪᴠᴇ ᴛᴇʀʀɪᴛᴏʀʏ ᴏɴ ʙᴇᴛᴛᴇʀ-ᴛʜᴀɴ-ᴇxᴘᴇᴄᴛᴇᴅ ᴇᴄᴏɴᴏᴍɪᴄ ᴅᴀᴛᴀ ʙᴇғᴏʀᴇ ғᴀʟʟɪɴɢ ᴀɢᴀɪɴ. Tʜᴇ Sʜᴀɴɢʜᴀɪ Cᴏᴍᴘᴏsɪᴛᴇ ɪɴ ᴍᴀɪɴʟᴀɴᴅ Cʜɪɴᴀ ᴡᴀs 2.02% ʟᴏᴡᴇʀ ᴀᴛ 2,978ᴘᴛ, Hᴏɴɢ Kᴏɴɢ’s Hᴀɴɢ Sᴇɴɢ ɪɴᴅᴇx sᴘɪʀᴀʟᴇᴅ ᴅᴏᴡɴ 6.36% ᴛᴏ 15,180.69, ɪᴛs ʟᴏᴡᴇsᴛ ʟᴇᴠᴇʟ sɪɴᴄᴇ Aᴘʀɪʟ 2009.
Cʜɪɴᴀ’s ᴘʀᴇsɪᴅᴇɴᴛ Xɪ Jɪɴᴘɪɴɢ ᴡᴀs ʀᴇ-sᴇʟᴇᴄᴛᴇᴅ ᴀs ᴛʜᴇ ᴘᴀʀᴛʏ’s ɢᴇɴᴇʀᴀʟ sᴇᴄʀᴇᴛᴀʀʏ ᴀɴᴅ ᴄʜᴀɪʀᴍᴀɴ ᴏғ ᴛʜᴇ Cᴇɴᴛʀᴀʟ Mɪʟɪᴛᴀʀʏ Cᴏᴍᴍɪssɪᴏɴ. Xɪ ʜᴀᴅ sᴇᴛ ᴛʜᴇ sᴛᴀɢᴇ ғᴏʀ ᴀɴ ᴜɴᴘʀᴇᴄᴇᴅᴇɴᴛᴇᴅ ᴛʜɪʀᴅ, ғɪᴠᴇ-ʏᴇᴀʀ ᴛᴇʀᴍ ᴀs ᴘʀᴇsɪᴅᴇɴᴛ ᴡɪᴛʜ ᴄᴏɴsᴛɪᴛᴜᴛɪᴏɴᴀʟ ᴄʜᴀɴɢᴇs ɪɴ 2018. Tʜᴇ ᴘʀᴇsɪᴅᴇɴᴄʏ ɪs ᴛᴏ ʙᴇ ғᴏʀᴍᴀʟɪᴢᴇᴅ ɪɴ ᴛʜᴇ ɴᴇxᴛ ᴀɴɴᴜᴀʟ ᴍᴇᴇᴛɪɴɢ ᴏғ ᴛʜᴇ Cʜɪɴᴇsᴇ ɢᴏᴠᴇʀɴᴍᴇɴᴛ, ᴛʏᴘɪᴄᴀʟʟʏ ʜᴇʟᴅ ɪɴ Mᴀʀᴄʜ. Tʜɪs ʀɪsᴇs ᴜɴᴄᴇʀᴛᴀɪɴᴛɪᴇs ᴄᴏɴᴄᴇʀɴɪɴɢ ᴇᴄᴏɴᴏᴍɪᴄ ᴘᴏʟɪᴄɪᴇs, sᴘᴇᴄɪғɪᴄᴀʟʟʏ ʜɪɢʜᴇʀ ғᴏʀ Hᴏɴɢ Kᴏɴɢ.
MSCI’s ʙʀᴏᴀᴅᴇsᴛ ɪɴᴅᴇx ᴏғ Asɪᴀ-Pᴀᴄɪғɪᴄ sʜᴀʀᴇs ᴏᴜᴛsɪᴅᴇ Jᴀᴘᴀɴ ᴡᴀs 1.61% ʟᴏᴡᴇʀ.
Iɴ Aᴜsᴛʀᴀʟɪᴀ, ᴛʜᴇ S&P/ASX 200 ᴡᴀs 1.54% ʜɪɢʜᴇʀ ᴀᴛ 6,779ᴘᴛ, ᴀɴᴅ ᴛʜᴇ Kᴏsᴘɪ ɪɴ Sᴏᴜᴛʜ Kᴏʀᴇᴀ ɢᴀɪɴᴇᴅ 1.04% ᴛᴏ 2,236ᴘᴛ, ᴡʜɪʟᴇ Jᴀᴘᴀɴ’s Nɪᴋᴋᴇɪ 225 ᴄʟɪᴍʙᴇᴅ 0.31% ᴛᴏ 26,975ᴘᴛ. Sɪɴɢᴀᴘᴏʀᴇ, Mᴀʟᴀʏsɪᴀ, ᴀɴᴅ Iɴᴅɪᴀ’s ᴍᴀʀᴋᴇᴛs ᴀʀᴇ ᴄʟᴏsᴇᴅ ғᴏʀ ᴀ ʜᴏʟɪᴅᴀʏ Mᴏɴᴅᴀʏ.
Cʜᴇᴇʀs,