The JCI February 20, 2023

๐…๐ž๐›๐ซ๐ฎ๐š๐ซ๐ฒ ๐Ÿ๐ŸŽ, 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Ÿ—๐Ÿ”๐ŸŽ๐ฉ๐ญ ( ๐…๐ซ๐ข๐๐š๐ฒ ๐œ๐ฅ๐จ๐ฌ๐ž:๐Ÿ”,๐Ÿ–๐Ÿ—๐Ÿ”๐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ฆ๐š๐ฃ๐จ๐ซ ๐ž๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ž๐ฑ๐ž๐ฌ ๐œ๐ฅ๐จ๐ฌ๐ž๐ ๐ฆ๐ข๐ฑ๐ž๐ ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ (๐”๐’)-๐›๐š๐ฌ๐ž๐ ๐ก๐ž๐š๐ฅ๐ญ๐ก ๐ฌ๐ž๐œ๐ญ๐จ๐ซ ๐š๐ฌ ๐›๐ข๐ ๐ ๐ž๐ฌ๐ญ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐ญ๐ก๐ž ๐ž๐ง๐ž๐ซ๐ ๐ฒ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐๐ซ๐š๐ ๐ ๐ž๐ซ ๐ข๐ง ๐ญ๐ก๐ž ๐›๐ซ๐จ๐š๐๐ž๐ซ ๐๐š๐ฌ๐๐š๐ช ๐‚๐จ๐ฆ๐ฉ๐จ๐ฌ๐ข๐ญ๐ž, ๐จ๐ง ๐š ๐ ๐ž๐ง๐ž๐ซ๐š๐ฅ ๐ฐ๐จ๐ซ๐ซ๐ฒ ๐จ๐Ÿ ๐š ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐ญ๐ž๐ง๐ฌ๐ž ๐ญ๐ข๐ ๐ก๐ญ๐ž๐ง๐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 (2/20) is expected to trade between 6,850ptโ€“6,960pt to hold ground and supported by bargain hunters.

 

Friday last week (2/17) on Wall Street, the DJIA closed higher by 130 points or 0.4% to 33,827pt, while the S&P500 and the Nasdaq closed lower by 0.3% and 0.6%, respectively. St. Louis Federal Reserve President James Bullard addressed a group Thursday last week that continued rate hikes can help lock in a disinflationary trend this year.

The 10-year United States Treasury yield Friday fell by 3 basis points at 3.82%, and the yield on the policy-sensitiveย 2-year Treasury was little changed or lower by 1 ย basis point at ย 4.63%.

 

Last week, the price of WTI closed lower by 2.7% to USD76.3/ barrel, mainly triggered by fear of a higher policy rate in the US.ย  The USDIDR closed atย  IDR15,199 vs. IDR15,176 the previous one.

 

 

Cheers,

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