๐๐๐๐๐ฆ๐๐๐ซ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญ (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ฆ๐๐ฃ๐จ๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐๐ฑ๐๐ฌ ๐๐ฅ๐จ๐ฌ๐๐ ๐ฅ๐จ๐ฐ๐๐ซ ๐๐ฒ ๐ฌ๐จ๐ฆ๐ ๐.๐%, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐จ๐ง ๐ญ๐ก๐ ๐ฏ๐ข๐๐ฐ๐ฌ ๐ญ๐ก๐๐ญ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐๐๐ง๐ญ๐ซ๐๐ฅ ๐๐๐ง๐ค ๐ฐ๐จ๐ฎ๐ฅ๐ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ญ๐ข๐ ๐ก๐ญ ๐ฆ๐จ๐ง๐๐ญ๐๐ซ๐ฒ ๐ฉ๐จ๐ฅ๐ข๐๐ฒ ๐ฅ๐จ๐ง๐ ๐๐ซ ๐๐๐ฌ๐ฉ๐ข๐ญ๐ ๐ ๐ฆ๐จ๐๐๐ซ๐๐ญ๐ข๐ง๐ ๐ก๐ข๐ค๐ ๐จ๐ ๐๐๐๐ฉ ๐ฒ๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (12/15) is expected to trade between 6,760ptโ 6,900pt to gain an edge and be supported by bargain hunters.
The JCI is expected to be supported by the stable rate of positivity of new COVID-19 cases in the capital city Jakarta, at 9.3%, representing a four-day in a row below the 10% level. ย Also, the JCI is expected to respond to Indonesiaโs trade figure release for November, widely expected at around a surplus of USD4.4bn (October: USD5.67bn, September: USD4.97bn).
Yesterday (12/14), Wall Street ended with the DJIA closed lower by ย 143ย points or 0.4% to 33,966pt, while the S&P500 and the Nasdaq closed lower by 0.6% and 0.8%, respectively.
The 10-year US Treasury yield, yesterday fell by 3 basis points at 3.474%, and the yield on the policy-sensitiveย 2-year Treasury rose by 2 basis points at 4.25%.
In Decemberโs meeting yesterday, the Federal Open Market Committee voted to boost the overnight borrowing rate by half a percentage point, taking it to a targeted range between 4.25% and 4.5%.
The hike is as expected, nevertheless, the Federal Reserve Chairmanโs comment afterward implied a higher terminal rate next year (at 5.25% vs. 4.75% in September) causing jitters about the impact on net profits in particular.
Yesterday, the price of ย WTI crude closed higher by 2.5% at USD77.3 a barrel, mainly on the latest forecast of demand for 2023 from the US International Energy Agency. The USDIDR ย closed atย IDR15,619 vs. IDR15,661 the previous one.
Cheers,