The JCI February 16, 2022
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 ๐ก๐ข๐ ๐ก๐๐ซ ๐๐ฒ ๐ฌ๐จ๐ฆ๐ ๐.๐%, ๐๐ฅ๐ฌ๐จ ๐จ๐ง ๐ญ๐ก๐ ๐ง๐๐ฐ๐ฌ ๐ญ๐ก๐๐ญ ๐๐ฎ๐ฌ๐ฌ๐ข๐ ๐ก๐๐ฌ ๐ซ๐๐ญ๐ฎ๐ซ๐ง๐๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐ข๐ญ๐ฌ ๐ญ๐ซ๐จ๐จ๐ฉ๐ฌ ๐๐ซ๐จ๐ฆ ๐๐ค๐ซ๐๐ข๐ง๐ ๐๐จ๐ซ๐๐๐ซ ๐ญ๐จ ๐ญ๐ก๐ ๐๐๐ฌ๐
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ ๐๐ข๐ง ๐๐๐ ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (2/16) is expected to trade between 6,725pt – 6,880pt ย mostly in the green zone ย and ย supported by ย bargain hunters. ย ย The JCI today is expected to share regional positive sentiments on the reduced-geopolitical risks between ย Russia and Ukraine. ย In addition, slightly declining trend of new cases of COVID-19 in the capital Jakarta city ย in the last few days should help support the JCI.ย Also, Indonesia January trade data which was released yesterday, at a surplus of USD930mn vs. the estimated USD200mn surplus, is another factor to support the JCI.ย ย However, consolidation in the commodities price is expected to limit upside.
Meanwhile, Wall Street yesterday (2/15)ย ended with the DJIA closed higher by 423pt, or 1.2% to 34,989pt, while the S&P500 and the Nasdaq Composite both closed higher by 1.6% and 2.5%, respectively. At the other end, the yield of the benchmark 10-year US Treasury note closed higher by 4bp to 2.04%, to indicate prefrence on riskier assets.
Yesterday ย the WTI ย price closed lower by 3.6% to USD92.1/barrel, mainly on the news that part of Russiaโs troop in the border of Ukraine retreated the base point, reducing fear of supply disruption. Meanwhile, the USDIDR closed ย at IDR14,292 vs. IDR14,338 the previous one.
Cheers,