๐ ๐๐๐ซ๐ฎ๐๐ซ๐ฒ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญ (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ฆ๐๐ฃ๐จ๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐๐๐ฌ ๐๐ฅ๐จ๐ฌ๐๐ ๐ซ๐๐ฅ๐๐ญ๐ข๐ฏ๐๐ฅ๐ฒ ๐๐๐ฅ๐ฆ๐๐ซ ๐ฐ๐ก๐ข๐ฅ๐ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐๐๐๐ซ๐๐ญ๐๐ซ๐ฒ ๐ซ๐๐ฅ๐๐๐ฌ๐๐ ๐ ๐ฌ๐ญ๐๐ญ๐๐ฆ๐๐ง๐ญ ๐จ๐ ๐๐๐ฎ๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ ๐จ๐ง-๐ ๐จ๐ข๐ง๐ ๐ญ๐๐ง๐ฌ๐ข๐จ๐ง ๐๐๐ญ๐ฐ๐๐๐ง ๐ญ๐ก๐ ๐๐ ๐๐ง๐ ๐๐ฎ๐ฌ๐ฌ๐ข๐, ๐จ๐ง ๐ฌ๐ฎ๐๐ฃ๐๐๐ญ ๐จ๐ ๐๐ค๐ซ๐๐ข๐ง๐
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (2/15) is expected to trade between 6,685pt – 6,780pt ย to attempt higher and ย supported by ย bargain hunters. ย The JCI today is expected to receive the Indonesia trade data release. Indonesia January trade surplus is estimated to be at the range of USD100mn-USD200mn (December: USD1.0bn, November: USD3.5bn, 2021:USD35.3bn).
Yesterday ย (2/14) the JCI finally happened to lose ground and reached day-lowest at 6,699pt, or 117pt off our lower-limit to close at 6,735pt or at 1.2% lower than the previous close. Our guidance to index-performance estimates tolerance has been ยฑ 15pt (fifteen points). On-going external volatilities as in ย the US equity and bond markets have been the main causes, we believe. Yesterday in the IDX saw a total moderate net of equity foreign buy of IDR400bn (regular market: IDR169bn). ย Meanwhile, the yield of Indonesia 10-year government bonds closed fairly- stable, higher by 1 bp to 6.508%.
Meanwhile, Wall Street yesterday (2/14) ย ended with the DJIA closed lower by 172pt, or 0.5% to 34,5668pt, while the S&P500 and the Nasdaq Composite both closed lower by 0.4% and 0.0%, respectively. Meanwhile, the yield of the benchmark 10-year US Treasury note closed relatively-steep of higher by 4bp to 1.99%.
At the other end, yesterday ย the WTI ย price closed higher by 2.5% to USD95.5/barrel, mainly on continued-worry of supply disruption in the view of Russia to invade Ukraine in the immediate short-term. Meanwhile, the USDIDR closed ย at IDR14,338 vs. IDR14,359 the previous one.
Cheers,