The JCI August 31, 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 ๐ฅ๐จ๐ฐ๐๐ซ ๐๐ฒ ๐ฌ๐จ๐ฆ๐ ๐%, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐จ๐ง ๐ญ๐ก๐ ๐ก๐๐ข๐ ๐ก๐ญ๐๐ง๐๐ย ๐ฎ๐ง๐๐๐ซ๐ญ๐๐ข๐ง๐ญ๐ข๐๐ฌ ๐๐จ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐๐ง๐ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (8/31) is expected to trade between 7,080pt โ7,200pt ย to hold ground and is supported by bargain hunters. ย The JCI is expected to join the regional lead to have selling pressures in the stock market. Volatilities in commoditiesโ prices , increasing inflations, tightening monetary policies worldwide are the ultimate main challenges for most countries on the COVID-19 recovery path.
ย ย
Meanwhile, yesterday (8/30) Wall Street ended with the DJIA closed lower by 308 points or 1.0% to 33,099pt, while the S&P500 and the Nasdaq both closed lower by 1.1%.
At the other end, the yield on the benchmarkย 10-year Treasury noteย closed flat at 3.11% yesterday, and the 2-year Treasury yield increased 4 ย basis points to 3.47%, continuing to be in a ย yield-spread inversion trend.
Yesterday, ย the WTI price decreased by 5.5% to USD91.6/barrel, mainly on demand worries as the ECB is likely to commence a 75 basis points increase in the next meeting in September, while German inflation rate rose to a 50-year high. ย Meanwhile, the USDIDR closed atย IDR14,875 vs. IDR14,887 the previous one.
Cheers,