๐๐๐๐๐ฆ๐๐๐ซ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญย ย ย ย (๐ ๐ซ๐ข๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ฆ๐๐ฃ๐จ๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐๐๐ฌ ๐๐ฅ๐จ๐ฌ๐๐ ๐ฅ๐จ๐ฐ๐๐ซ ๐๐ฒ ๐๐ซ๐จ๐ฎ๐ง๐ ๐%, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐จ๐ง ๐ก๐๐ข๐ ๐ก๐ญ๐๐ง๐๐ ๐๐๐๐ซ ๐จ๐ ๐ซ๐๐๐๐ฌ๐ฌ๐ข๐จ๐ง๐ฌ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐, ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐๐ญ๐๐ฌ๐ญ ๐ฉ๐จ๐ฅ๐ข๐๐ฒ ๐ซ๐๐ญ๐ ๐ก๐ข๐ค๐ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐๐๐ ๐๐ง๐ ๐ญ๐ก๐ ๐๐๐ง๐ค ๐จ๐ ๐๐ง๐ ๐ฅ๐๐ง๐
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (12/19) is expected to trade between 6,750ptโ 6,880pt to hold ground and be supported by bargain hunters.ย ย The JCI is expected to be volatile in a narrow range, haunted by the continued-tightening commitment from central banks in the United States (US), United Kingdom, and European Union.
Indonesia central bank Bank Indonesia is scheduled to hold a 2-day board-of-governor meeting this week on 21-22 December to agree on the latest monetary stance.ย The majority of economists estimate another 25-50bp hike in the policy rate, currently at 5.25%.
However, the latest data on COVID-19 new cases positivity rate, at 6.3% or the lowest since June 13, would lend support, we believe.
Friday last week (12/16), Wall Street ended with the DJIA closed lower by ย 282 points or 0.9% to 32,921pt, while the S&P500 and the Nasdaq closed lower by 1.1% and 1.0%, respectively.
The 10-year US Treasury yield, last week rose by 4 basis points at 3.49%, and the yield on the policy-sensitiveย 2-year Treasury fell by 5 basis points at 4.19%.
Friday, the price of ย WTI crude closed lower by 2.4% at USD74.3 a barrel, mainly on concern for demand prospects along with the heightened commitment to the hawkish stance of central bankers worldwide. ย The USDIDR ย closed atย IDR15,617 vs. IDR15,630 the previous one.
Cheers,
ย