๐๐ฉ๐ซ๐ข๐ฅ ๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญย (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ก๐ข๐ ๐ก๐๐ซ ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ ๐๐๐๐ ๐๐ง๐ ๐&๐๐๐๐ ๐๐ฅ๐จ๐ฌ๐๐ ๐๐ญ ๐ซ๐๐๐จ๐ซ๐-๐ก๐ข๐ ๐ก, ๐๐ฅ๐ฌ๐จ ๐จ๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐๐๐’๐ฌ ๐ง๐จ๐ง-๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ญ๐ข๐ฏ๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง๐๐๐ฑ ๐๐๐ญ๐ ๐ซ๐๐ฅ๐๐๐ฌ๐ ๐๐จ๐ซ ๐๐๐ซ๐๐ก ๐ญ๐ก๐๐ญ ๐ข๐ฌ ๐ฉ๐จ๐ข๐ง๐ญ๐๐ ๐๐ญ ๐๐.๐๐ฉ๐ญ, ๐๐ญ ๐ญ๐ก๐ ๐ฌ๐ฎ๐ซ๐ฏ๐๐ฒ’๐ฌ ๐ก๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐-๐ก๐ข๐ ๐ก
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐๐๐ซ๐ ๐๐ข๐ง ๐ก๐ฎ๐ง๐ญ๐๐ซ๐ฌ
Morning,
The Jakarta Composite Index (JCI) today (4/6) is expected to be in the range of 5,925pt โ 6,050pt, ย to fluctuate and be supported by bargain hunters. ย Meanwhile, yesterday (4/5), the DJIA closed higher by 374 points or 1.1% to 33,527pt, while the S&P500 and the Nasdaq ended higher by 1.4% and 1.7%, respectively.
The JCI is expected to have volatile session now that the US economy gives another early sign to sustain its pace of economic recovery this year. ย Foreign funds outflow plays a somehow major determinants of the countryโs exchange value, especially USDIDR, that eventually is also an important cause for consumersโ confidence as well as social stability. ย So far this year, as quoted from the media, yield spread between the US Treasury Note of 10 (ten) years maturity and the SBN (Surat Berharga Negara) of the same tenor is close to 500bp, or at around its historical average.
Given current volatility, stock traders may eye sectors that technically underperform the JCI year- to-date , such as ย Mining sectors including those of coal, Miscellaneous Industry, ย Consumer sector, to name the largest ones.
At the other end, yesterday ย the WTI price ended lower ย by ย 4.6% to USD58.7/barrel , especially as stakeholders come to factor-in the ease of current production cuts, effective in May, which is decided by the OPEC + membersโ meeting on April 1. ย ย ย ย ย ย Meanwhile, the USDIDR ย closedย at IDR14,533 vs. IDR14,577 the previous one.
We advise the following recommendations, for both trading and longer-time investment purpose. ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐จ๐ณ๐ช, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ฏ๐ฅ๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต ), ๐๐๐๐, ๐๐๐๐, ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ฐ๐ข๐ญ ๐๐ช๐ฏ๐ช๐ฏ๐จ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐ฌ๐ฆ๐ต-๐ธ๐ฆ๐ช๐จ๐ฉ๐ต), ๐๐๐๐, ๐๐๐๐, ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ฐ๐ฏ๐ด๐ถ๐ฎ๐ฆ๐ณ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ท๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต ), ๐๐ง๐ ๐๐๐๐, ๐๐๐๐, ๐๐๐๐,๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ณ๐ข๐ฅ๐ฆ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ท๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต),๐๐ง๐ ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ข๐ด๐ช๐ค ๐๐ฏ๐ฅ๐ถ๐ด๐ต๐ณ๐บ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐ฌ๐ฆ๐ต-๐ธ๐ฆ๐ช๐จ๐ฉ๐ต).
Cheers,