The JCI April 22, 2024

.

𝐀𝐩𝐫𝐢𝐥 𝟐𝟐, 𝟐𝟎𝟐𝟒

•  𝐓𝐡𝐞 𝐉𝐂𝐈 𝐭𝐫𝐚𝐝𝐢𝐧𝐠 𝐫𝐚𝐧𝐠𝐞:𝟕,𝟎𝟏𝟎 – 𝟕,𝟏𝟖𝟎 𝐩𝐨𝐢𝐧𝐭𝐬  (𝐅𝐫𝐢𝐝𝐚𝐲 𝐜𝐥𝐨𝐬𝐞: 𝟕,𝟎𝟖𝟕 𝐩𝐨𝐢𝐧𝐭𝐬)

•  𝐖𝐚𝐥𝐥 𝐒𝐭𝐫𝐞𝐞𝐭 𝐞𝐧𝐝𝐞𝐝 𝐰𝐢𝐭𝐡 𝐛𝐫𝐨𝐚𝐝𝐞𝐫 𝐞𝐪𝐮𝐢𝐭𝐲 𝐢𝐧𝐝𝐞𝐱𝐞𝐬 𝐜𝐥𝐨𝐬𝐞𝐝 𝐥𝐨𝐰𝐞𝐫 𝐛𝐲 𝐚𝐫𝐨𝐮𝐧𝐝 𝟏.𝟓%, 𝐦𝐚𝐢𝐧𝐥𝐲 𝐨𝐧 𝐭𝐫𝐚𝐝𝐞𝐫𝐬’ 𝐯𝐢𝐞𝐰 𝐨𝐟 𝐥𝐞𝐬𝐬 𝐫𝐚𝐭𝐞 𝐜𝐮𝐭𝐬 𝐭𝐡𝐢𝐬 𝐲𝐞𝐚𝐫 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬 (𝐔𝐒) 𝐭𝐡𝐚𝐧 𝐩𝐫𝐞𝐯𝐢𝐨𝐮𝐬𝐥𝐲 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝

•  𝐓𝐡𝐞 𝐉𝐂𝐈 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐟𝐥𝐮𝐜𝐭𝐮𝐚𝐭𝐞 𝐬𝐮𝐩𝐩𝐨𝐫𝐭𝐞𝐝 𝐛𝐲 𝐬𝐭𝐚𝐛𝐥𝐞 𝐔𝐒𝐃𝐈𝐃𝐑 𝐚𝐧𝐝 𝐨𝐢𝐥-𝐜𝐥𝐨𝐬𝐞.

Morning,

.

.

The Jakarta Composite Index (JCI) today (4/22)  is expected to trade in the range of  7,010 – 7,180 points to attempt higher with the support of bargain hunters.  

.

.

Meanwhile, Friday last week (4/19) on Wall Street, the DJIA closed higher by 211 points or 0.56%  to  37,986  points. The S&P500 and the Nasdaq Composite closed lower by 0.88% and 2.1%, respectively.

Friday, the yield of the 10-year  US  Treasury fell 2 basis points to 4.623%. The 2-year Treasury yield inched down 1 basis point at 4.986%.

Last week, the US West Texas Intermediate futures for May settlement, closed higher by 0.5%  at USD83.14 /barrel, mainly supported by supply-side constraint as concerns on th eongoing supply concerns on the sector returned. Meanwhile, the USDIDR closed at IDR16,280 vs. IDR16,177.

.

Cheers,

.

.