The JCI August 5, 2022
๐๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญ (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ ๐ญ๐๐๐ก-๐ฅ๐๐๐๐ง ๐ข๐ง๐๐๐ฑ ๐๐๐ฌ๐๐๐ช ๐๐จ๐ฆ๐ฉ๐จ๐ฌ๐ข๐ญ๐ ๐๐ฅ๐จ๐ฌ๐๐ ๐ก๐ข๐ ๐ก๐๐ซ ๐๐ฒ ๐.๐%, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐จ๐ง ๐๐๐๐ซ ๐จ๐ ๐ข๐ง๐ญ๐๐ง๐ฌ๐ ๐ซ๐๐๐๐ฌ๐ฌ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐๐๐จ๐ง๐จ๐ฆ๐ฒ ๐ฌ๐ฎ๐๐ฌ๐ข๐๐๐ฌ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ก๐ข๐ ๐ก๐๐ซ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐๐ญ๐ข๐ฏ๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง๐๐ข๐๐๐ญ๐จ๐ซ ๐๐ง๐ ๐ฌ๐จ๐๐ญ๐๐ง๐ข๐ง๐ ๐จ๐ข๐ฅ-๐ฉ๐ซ๐ข๐๐
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
ย The Jakarta Composite Index (JCI) today (8/5) is expected to trade between 6,990pt โ7,120pt ย to attempt higher and supported by bargain hunters.
Today the JCI is expected to response on Indonesia GDP growth figure for the 2Q this year. Consensus-estimates polled by Reuters showed that the economy to grow by 5.13% YoY or higher as compared to the previous quarter of 5.02% YoY. The JCI should benefit from support, should the estimate materializes.
Meanwhile, yesterday (8/4) Wall Street ended with the DJIA closed lower by 86 points or 0.3% to 32,727pt, while the S&P500 and the Nasdaq ย closed lower by 0.1% and higher by 0.4%, respectively.ย At the other end, the yield on the benchmarkย 10-year Treasury noteย fell by 5 basis points to 2.67%, as investors fear less of recession despite of prospect of higher interest rate.
Yesterday, ย the WTI price closed lower by 2.30% to ย USD88.5/barrel, mainly on both recession risks as well as additional output of 100k barrrels per day decided this week during the OPEC+ members meeting. Meanwhile, the USDIDR closed ย at ย IDR14,929 ย vs. IDR14,917 the previous one.
Cheers,