The JCI September1, 2023

๐’๐ž๐ฉ๐ญ๐ž๐ฆ๐›๐ž๐ซ ๐Ÿ, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘

 

  • ๐“๐ก๐ž ๐‰๐‚๐ˆ ๐ญ๐ซ๐š๐๐ข๐ง๐  ๐ซ๐š๐ง๐ ๐ž:๐Ÿ”,๐Ÿ—๐ŸŽ๐ŸŽ๐ฉ๐ญ – ๐Ÿ•,๐ŸŽ๐Ÿ๐ŸŽ๐ฉ๐ญ (๐˜๐ž๐ฌ๐ญ๐ž๐ซ๐๐š๐ฒ ๐œ๐ฅ๐จ๐ฌ๐ž:ย  ๐Ÿ”,๐Ÿ—๐Ÿ“๐Ÿ‘๐ฉ๐ญ)

 

  • ๐–๐š๐ฅ๐ฅ ๐’๐ญ๐ซ๐ž๐ž๐ญ ๐ž๐ง๐๐ž๐ ๐ฐ๐ข๐ญ๐ก ๐ฆ๐š๐ฃ๐จ๐ซ ๐ž๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ž๐ฑ๐ž๐ฌ ๐œ๐ฅ๐จ๐ฌ๐ž๐ ๐ฅ๐จ๐ฐ๐ž๐ซ ๐›๐ฒ ๐ŸŽ.๐Ÿ%,๐ฆ๐š๐ข๐ง๐ฅ๐ฒ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ž๐ ๐›๐ฒ ๐ญ๐ก๐ž ๐ซ๐ž๐ฅ๐ž๐š๐ฌ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ (๐”๐’) ๐๐‚๐„ ๐๐ซ๐ข๐œ๐ž ๐ˆ๐ง๐๐ž๐ฑ ๐Ÿ๐จ๐ซ ๐‰๐ฎ๐ฅ๐ฒ ๐ฐ๐ก๐ข๐œ๐ก ๐ข๐ฌ ๐ข๐ง๐ฅ๐ข๐ง๐ž ๐ฐ๐ข๐ญ๐ก ๐œ๐จ๐ง๐ฌ๐ž๐ง๐ฌ๐ฎ๐ฌ ๐ž๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž๐ฌ

 

  • ๐“๐ก๐ž ๐‰๐‚๐ˆ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐Ÿ๐ฅ๐ฎ๐œ๐ญ๐ฎ๐š๐ญ๐ž ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ž๐ ๐›๐ฒ ๐ฌ๐ญ๐š๐›๐ฅ๐ž ๐”๐’๐ƒ๐ˆ๐ƒ๐‘ ๐š๐ง๐ ๐จ๐ข๐ฅ-๐œ๐ฅ๐จ๐ฌ๐ž

 

 

Morning,

 

The Jakarta Composite Index (JCI) today (9/1) is expected to trade between 6,900ptโ€“7,040pt to attempt higher and supported by bargain hunters. The JCI is expected to respond to Indonesia’s August inflation data, widely estimated to be in order at an annual rate of ย 3.3% ย (July: 3.08% ) and at a monthly rate of 0.1% (July: 0.21%).

 

ย Meanwhile, yesterdayย  (8/31) on Wall Street, the DJIA closed lower by 168 points or 0.5% to 34,722pt, while the S&P500 and the Nasdaq closed lower by 0.2% and higher by 0.1%, respectively. ย The 10-year US Treasury yield fell by 3 basis points to close at 4.088%. Also, theย 2-year Treasuryย yield fell by 2 basis points at 4.85%.

 

Yesterday, the price of the WTI ย futures closed higher by 2.5% ย at USD83.6/barrel, mainly supported by supply concerns along with the news that OPEC+ is expected to keep current production cuts until the end of 2023. ย ย Meanwhile, the USDIDR closed at IDR15,237 vs. IDR15,239 ย the previous one.

 

 

 

Cheers,

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