The JCI December 5, 2022

๐ƒ๐ž๐œ๐ž๐ฆ๐›๐ž๐ซ ๐Ÿ“, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ

 

* ๐“๐ก๐ž ๐‰๐‚๐ˆ ๐ญ๐ซ๐š๐๐ข๐ง๐  ๐ซ๐š๐ง๐ ๐ž: ๐Ÿ”,๐Ÿ—๐Ÿ•๐ŸŽ๐ฉ๐ญ – ๐Ÿ•,๐ŸŽ๐Ÿ—๐ŸŽ๐ฉ๐ญ (๐…๐ซ๐ข๐๐š๐ฒ ๐œ๐ฅ๐จ๐ฌ๐ž: ๐Ÿ•,๐ŸŽ๐Ÿ๐ŸŽ๐ฉ๐ญ)

* ๐–๐š๐ฅ๐ฅ ๐’๐ญ๐ซ๐ž๐ž๐ญ ๐ž๐ง๐๐ž๐ ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ž ๐›๐ซ๐จ๐š๐๐ž๐ซ ๐ข๐ง๐๐ž๐ฑ ๐’&๐๐Ÿ“๐ŸŽ๐ŸŽ ๐œ๐ฅ๐จ๐ฌ๐ž๐ ๐ฎ๐ง๐œ๐ก๐š๐ง๐ ๐ž๐, ๐ฆ๐š๐ข๐ง๐ฅ๐ฒ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ž๐ ๐›๐ฒ ๐š๐ง๐ญ๐ข๐œ๐ข๐ฉ๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐ฆ๐จ๐๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ฉ๐จ๐ฅ๐ข๐œ๐ฒ ๐ซ๐š๐ญ๐ž ๐ข๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž ๐›๐ฒ ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ (๐”๐’) ๐œ๐ž๐ง๐ญ๐ซ๐š๐ฅ ๐›๐š๐ง๐ค ๐ข๐ง ๐ญ๐ก๐ž ๐ƒ๐ž๐œ๐ž๐ฆ๐›๐ž๐ซ ๐Ÿ๐Ÿ‘-๐Ÿ๐Ÿ’ ๐…๐Ž๐Œ๐‚ ๐ฆ๐ž๐ž๐ญ๐ข๐ง๐ 

* ๐“๐ก๐ž ๐‰๐‚๐ˆ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐Ÿ๐ฅ๐ฎ๐œ๐ญ๐ฎ๐š๐ญ๐ž ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ž๐ ๐›๐ฒ ๐ฌ๐ญ๐š๐›๐ฅ๐ž ๐”๐’๐ƒ๐ˆ๐ƒ๐‘ ๐š๐ง๐ ๐จ๐ข๐ฅ-๐œ๐ฅ๐จ๐ฌ๐ž

 

Morning,

 

The Jakarta Composite Index (JCI) today (12/5) is expected to trade between 6,970ptโ€“ 7,090pt to attempt higher supported by bargain hunters.

 

Friday last week (12/2), ย Wall Street ended with the DJIA closed higher by ย 35ย  points or 0.1% to 34,430pt, while the S&P500 and the Nasdaq closed unchanged and lower by 0.2%, respectively.

Traders shook off concerns on strong November US jobs report released Friday. Nonfarm payrolls increased 263k ย for November vs. the estimate of 200k, while the US unemployment rate was at 3.7% YoY, in line with the estimate.

The 10-year US Treasury yield, last week declined by 3 basis points at 3.488%, and the yield on the policy-sensitiveย 2-year Treasury gained ย 2 basis points at 4.28%.

 

 

Friday, the price of ย WTI crude dipped 1.5% at USD79.9/barrel, ย ahead of a meeting of the Organization of the Petroleum Exporting Countries and its allies (OPEC+) on Sunday (12/4) and an EU ban on Russian crude on Monday. In the meeting yesterday, OPEC+, decided to maintain production cuts of 2 million barrels a day initially agreed to in October. Meanwhile, the WTI price for a 1-week settlement, a real-time quote on Sunday night pointed to a 1.5% increase to USD81.2/barrel.

 

The USDIDR ย closed atย  IDR15,429 vs. IDR15,617 the previous one.

 

 

Cheers,

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