๐๐ฉ๐ซ๐ข๐ฅ ๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐:ย ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญ (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ฆ๐๐ฃ๐จ๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐๐๐ฌ ๐๐ฅ๐จ๐ฌ๐๐ ๐ฅ๐จ๐ฐ๐๐ซ ๐๐ฒ ๐ฌ๐จ๐ฆ๐ ๐.๐%, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐๐ฌ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐จ๐ซ๐ฌ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐๐ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐๐ฌ ๐ฐ๐๐ฅ๐ฅ ๐๐ฌ ๐ฐ๐๐ข๐ ๐ก๐๐-๐ข๐ง ๐ฉ๐จ๐ฌ๐ฌ๐ข๐๐ฅ๐ ๐จ๐๐๐ฎ๐ซ๐๐ง๐๐ ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ’๐ฌ ๐ซ๐๐๐๐ฌ๐ฌ๐ข๐จ๐ง ๐๐ฌ ๐ข๐ง๐๐ข๐๐๐ญ๐๐ ๐ข๐ง ๐ฒ๐ข๐๐ฅ๐ ๐ข๐ง๐ฏ๐๐ซ๐ฌ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐๐ฏ๐๐ซ๐๐ฅ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐จ๐ ๐ข๐ญ๐ฌ ๐๐จ๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐
Morning,
ย The Jakarta Composite Index (JCI) today (3/31) is expected to trade between 7,000pt โ 7,100ptย to hold ground and supported by bargain hunters.ย The JCI today is expected also to be supported by improving COVID-19 new cases rate in capital Jakarta city, at a stable and improving trend at 5.1%, the latest positivity rate data (year-to-date high:ย 26%, year-to-date low: 1.0%).ย Effective today, value added tax is increased to 11% from previously 10%, for general consumers goods and services.
Wall Street yesterday (3/31) ended with the DJIA closed lower by 551pt or 1.6% to 34,678pt, ย while the S&P500 and the Nasdaq Compositeย closed lower by 1.6% and byย 1.5%, respectively.
At the other end, the yield on the benchmarkย 10-year Treasury note continued to decline, yesterday byย almost 3bp (basis point) to close at 2.33%, indicating investorsโ position of aggressive Federal Reserve cuts. Yields move inversely to prices and 1 basis point is equal to 0.01%.
Yesterday ย the WTIย price closed lower by 7.0% to USD100.3/barrel against the previous close, mainly on prospect of supply expansion as the US through the White House announced that it will release a record-high rate of 1mn barrels/ day of oil for the next six months from the Strategic Petroleum Reserve to ease current oil and gas prices. ย Meanwhile, the USDIDR closed ย at IDR14,357 ย vs. IDR14,349 ย the previous one.
Cheers,