May 25, 2022
๐๐๐ฒ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญย ย (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ซ๐จ๐๐๐๐ซ ๐ข๐ง๐๐ข๐๐๐ฌ ๐ญ๐ก๐ ๐&๐๐๐๐ ๐๐ง๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ช ๐๐ฅ๐จ๐ฌ๐๐ ๐ฅ๐จ๐ฐ๐๐ซ ๐๐ฒ ๐ฆ๐จ๐ซ๐ ๐ญ๐ก๐๐ง ๐% ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐๐ซ๐๐ ๐ ๐๐ ๐๐ฒ ๐ฐ๐ก๐๐ญ ๐ข๐ฌ ๐ญ๐๐ซ๐ฆ๐๐ ๐๐ฌ ๐ฌ๐ก๐๐ค๐-๐จ๐ฎ๐ญ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐ญ๐๐๐ก ๐ฅ๐ข๐ฌ๐ญ๐๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ , ๐ข๐ง ๐ญ๐ก๐ ๐๐๐๐ ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ข๐ง๐ ๐๐ ๐ ๐ซ๐๐ฌ๐ข๐ฏ๐ ๐ญ๐ข๐ ๐ก๐ญ๐๐ง๐ข๐ง๐ ๐๐ฌ๐ฉ๐๐๐ข๐๐ฅ๐ฅ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ’๐ฌ ๐๐๐ง๐ญ๐ซ๐๐ฅ ๐๐๐ง๐ค
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (5/25) is expected to trade between 6,840pt โ 6,980ptย to attempt higher by support of bargain hunters.
ย ย In-line with consensus estimate, ย Indonesia central bank Bank Indonesia (BI) keeps its BI7D-RR unchanged at 3.5% during its May policy stance meeting yesterday.ย At the other end, BI has started to accelerate its policy normalisation through increasing banks reserve requirments by 100bp to 6% effective June, to 7.5%effective July, and 9%ย in September. BI also introduced policies to trigger optimum growth of different sectors in the economy.
Wall Street yesterday (5/24), ended with the DJIA closed higher by 48pt or 0.2% to 31,929pt, meanwhile the S&P500 and Nasdaq closed lower by 0.8% and 2.4%, respectively. In-line with the equity market, the yield of the benchmark 10-year Treasury notes closed lower by 10bp at 2.76% yesterday .
Yesterday ย the WTIย price closed lower by 0.47% to ย USD109.7/barrel, also being supported by news that the US administration had not ruled out to use export restriction from the country.ย Meanwhile, the USDIDR closed ย at IDR14,653ย vs. IDR14,665 the previous one.
Cheers,