The JCI February 7, 2022
๐ ๐๐๐ซ๐ฎ๐๐ซ๐ฒ ๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญย (๐ ๐ซ๐ข๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ช ๐๐จ๐ฆ๐ฉ๐จ๐ฌ๐ข๐ญ๐ ๐๐ฅ๐จ๐ฌ๐๐ ๐ก๐ข๐ ๐ก๐๐ซ ๐๐ฒ ๐๐ฅ๐จ๐ฌ๐ ๐ญ๐จ ๐% ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐๐ญ๐๐ฌ๐ญ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐ฃ๐จ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง ๐๐๐ญ๐ ๐ซ๐๐ฅ๐๐๐ฌ๐ ๐ฐ๐ก๐ข๐๐ก ๐ข๐ฌ ๐ฆ๐๐๐ง๐ข๐ง๐ ๐๐ฎ๐ฅ๐ฅ๐ฒ ๐ก๐ข๐ ๐ก๐๐ซ ๐ญ๐ก๐๐ง ๐๐ฑ๐ฉ๐๐๐ญ๐๐
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
ย The Jakarta Composite Index (JCI) today (2/7) is expected to trade between 6,685pt – 6,810pt ย to gain edge and ย supported by ย bargain hunters. ย The JCI today is expected to response on the countryโs last yearโs GDP growth data release.ย Nevertheless, latest position of COVID-19 status in Jakarta city at its year-high 26.2% is expected to limit the JCI upside.ย Meanwhile, Friday last week the JCI performed better than our expectation, although still within the estimated range.ย BBRI FY21 ย financial release last week uplifted the general mood, with gross credit grew by ย 5.4% YoY (much higher as compared to the sector) ย to IDR994tr, while allowance for ย bad-debt was put at a growth rate of 27%. BBRI is also considered Indonesia economy proxy.
Meanwhile, Wall Street Friday last week (2/4) ย ended with the DJIA closed lower by 21pt, or 0.06% to 35,090pt, while the S&P500 and the Nasdaq Composite both closed higher by 0.5% and 1.6%, respectively.
At the other end, last week ย the WTI ย price closed higher by 2.2% to USD92.3/barrel,highest on concer of tight supply also as outage occurred in the Permian Basin, the largest US shale play. ย Meanwhile, the USDIDR closed ย at IDR14,376 vs. IDR14,381 ย the previous one.
Cheers,