The JCI August 16, 2022
๐๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญ (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ฆ๐๐ฃ๐จ๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐๐๐ฌ ๐๐ฅ๐จ๐ฌ๐๐ ๐ก๐ข๐ ๐ก๐๐ซ ๐๐ฒ ๐ฌ๐จ๐ฆ๐ ๐.๐%, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐๐ซ๐ข๐ฏ๐๐ง ๐๐ฒ ๐ญ๐ก๐ ๐ฉ๐ซ๐ข๐๐ ๐ ๐๐ข๐ง๐ฌ ๐จ๐ ๐ฌ๐ก๐๐ซ๐๐ฌ ๐จ๐ง ๐๐๐๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐ฅ๐ข๐ฌ๐ญ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ, ๐๐ฆ๐ข๐ ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐จ๐ซ๐ฌ’ ๐ ๐๐ง๐๐ซ๐๐ฅ ๐๐๐ฎ๐ญ๐ข๐จ๐ฎ๐ฌ
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (8/16) is expected to trade between 7,040pt โ7,180pt ย to be in cautious mode and supported by bargain hunters.
At the other end, pleasant surprise onย Indonesia ย 2023 budget profile may jolt the stock market for awhile. Indonesia draft plan for next year’s budget is scheduled to be addressed by the president this afternoon. ย ย
Meanwhile, yesterday (8/15) Wall Street ended with the DJIA closed higher by 151 points or 0.5% to 33,912pt, while the S&P500 and the Nasdaq closed higher by 0.4% and 0.6%, respectively. ย Latest weak data of China economy released yesterday, while the fact that most of S&P500 has issued second quarter earnings that beat estimatesย had shifted traders position in the later part of trading yesterday.
At the other end, the yield on the benchmarkย 10-year Treasury noteย fell by 5 basis points at 2.79%, and the 2-year Treasury yield declined by 5 basis points to 3.205%, continuing to be in a spread-inversion trend.
Yesterday, ย the WTI price closed lower by 2.9% to ย USD89.3/barrel, on demand fears as disappointing Chinese economic data renewed global recession concerns. Meanwhile, the USDIDR closed ย at ย IDR14,727 vs. IDR14,688 the previous one.
Cheers,