The JCI January 14, 2022
๐๐๐ง๐ฎ๐๐ซ๐ฒ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญย (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ฆ๐๐ฃ๐จ๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐๐๐ฌ ๐๐ฅ๐จ๐ฌ๐๐ ๐ฅ๐จ๐ฐ๐๐ซ ๐๐ฒ ๐ฌ๐จ๐ฆ๐ ๐% ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐จ๐ง ๐ฐ๐จ๐ซ๐ซ๐ข๐๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ข๐ฆ๐ฉ๐๐๐ญ ๐จ๐ ๐ก๐ข๐ ๐ก๐๐ซ ๐ข๐ง๐ญ๐๐ซ๐๐ฌ๐ญ ๐ซ๐๐ญ๐๐ฌ ๐ญ๐จ ๐ญ๐ก๐ ๐๐๐ซ๐ง๐ข๐ง๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐ฅ๐ข๐ฌ๐ญ๐๐-๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (1/14) is expected to trade between 6,600pt – 6,710pt and to hold ground also on the back of ย bargain hunters. Meanwhile, yesterday (1/13) the DJIA closed lower by 177pt or 0.5% to 36,114pt, while the S&P500 and the Nasdaq Composite ย ย both closed lower by 1.4% and 2.5%, respectively.
The JCI today ย is expected to be supported by commodity prices, with thermal coal closed at USD212/tonneย back to trend into ย record high of USD269/tonne in October last year, while upside maybe limited by higher demand of the ย the fixed income products. Furthermore, the yield of the benchmark 10-year government bonds in Indonesia closed lower by 2bp.ย Also, daily positivity rates of new cases of COVID-19 in the capital city Jakarta has increased to the level of 2.2% to 4.1% range during the last 7 (seven) data as compared to 0.2% -0.4% record low during the last 30 (thirty) days. The last 2 (two) factors may put pressures to the JCI today, we reckon.
At the other end, yesterday ย the WTI price closed lower by 0.6% to USD82.2/barrel, ย mainlyon technical consolidation following a 5.6% increase over the last 2 days. ย ย ย Meanwhile, the USDIDR closed ย at IDR14,311 ย vs. IDR14,302 ย the previous one.
Cheers,