๐๐๐๐๐ฆ๐๐๐ซ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐:๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญย (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ก๐ข๐ ๐ก๐๐ซ ๐๐ฒ ๐ฌ๐จ๐ฆ๐ ๐% ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ ๐&๐๐๐๐ ๐๐ง๐ ๐๐๐ฌ๐๐๐ช ๐ก๐ข๐ญ ๐ข๐ง๐ญ๐ซ๐๐ฒ-๐๐๐ฒ ๐ซ๐๐๐จ๐ซ๐๐ฌ ๐จ๐ง ๐ก๐จ๐ฉ๐ ๐ญ๐ก๐๐ญ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐ฅ๐๐ฐ๐ฆ๐๐ค๐๐ซ๐ฌ ๐๐ฅ๐จ๐ฌ๐ ๐ญ๐ก๐ ๐๐๐๐ฅ ๐จ๐ ๐๐๐๐๐๐๐๐ง ๐ฐ๐จ๐ซ๐ญ๐ก ๐จ๐ ๐ฌ๐ญ๐ข๐ฆ๐ฎ๐ฅ๐ฎ๐ฌ ๐๐ข๐
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ ๐๐ข๐ง ๐๐๐ ๐ ๐๐ฅ๐ฌ๐จ ๐จ๐ง ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ ๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (12/18) is expected to be in the range of 6,050pt โ 6,225pt, also supported by general regional optimism. ย Meanwhile, yesterday ย (12/17), the DJIA closed higher by 149 points or 0.5% to 30,303pt, while the S&P500 and the Nasdaq both ended higher by 0.5% and 0.8%, respectively.
๐๐ก๐ ๐ซ๐๐๐๐ซ๐๐ง๐๐ ๐๐๐๐-๐๐๐ ๐ข๐ฌ ๐ง๐จ๐ฐ ๐๐ญ ๐ญ๐ก๐ ๐ฅ๐จ๐ฐ๐๐ฌ๐ญ ๐ฅ๐๐ฏ๐๐ฅ ๐ฌ๐ข๐ง๐๐ ๐ข๐ง๐๐๐ฉ๐ญ๐ข๐จ๐ง ๐๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐๐๐๐
The central bank Bank Indonesia (BI) during its December meeting announced yesterday to keep the reference rate at 3.75%.ย In November, BI lowered the rate by 25bp, the 5th time this year to 3.75%, the lowest since August 2016. ย With the latest development on stability of the USDIDR, inflation rates, of the banking system capital and liquidity, the current reference rate provide a conducive start for growth recovery.
Credit disburshment growth is currently at its weakening pace , with the position in September to IDR5,602tr, or representing a 0.4% YoY growth (2019: 6.1% YoY, 2018: 12.5%YoY), significantly lower to the funding activities with the third-party-funds that grew atย the rate of 12.1% YoY. ย Demand for credits have been hindered mainly by the reluctance to take risk at the current pandemic climate. ย Should vaccination of COVID-19 virus be successful administered, GDP growth estimate of 4.8% -5.0% YoY seemed very much achievable. This being said that, again, stakeholders to monitor progress on COVID-19 virus management in the country.
At the other end, yesterday ย the WTI price closed higher to USD48.3/barrel vs. the previous USD47.8/barrel, progress toward a U.S. fiscal stimulus deal and record-breaking refining demand in China and India. Meanwhile, the USDIDR ย closedย at IDR14.152 ย vs. IDR14.151 ย 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 (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ฐ๐ฏ๐ด๐ถ๐ฎ๐ฆ๐ณ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ท๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต ), ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ถ๐ต๐ฐ๐ฎ๐ข๐ต๐ช๐ท๐ฆ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐ฌ๐ฆ๐ต-๐ธ๐ฆ๐ช๐จ๐ฉ๐ต), ๐๐ง๐ ๐๐๐๐, ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ณ๐ข๐ฅ๐ฆ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ท๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต),๐๐ง๐ ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ข๐ด๐ช๐ค ๐๐ฏ๐ฅ๐ถ๐ด๐ต๐ณ๐บ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐ฌ๐ฆ๐ต-๐ธ๐ฆ๐ช๐จ๐ฉ๐ต).
Cheers,