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 ๐%, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐จ๐ง ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐จ๐ซ๐ฌ’ ๐๐๐๐ซ ๐จ๐ง ๐ญ๐ก๐ ๐ข๐ฆ๐ฉ๐๐๐ญ ๐จ๐ ๐ซ๐ข๐ฌ๐ข๐ง๐ ๐ข๐ง๐ญ๐๐ซ๐๐ฌ๐ญ ๐ซ๐๐ญ๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐)
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (1/20) is expected to trade between 6,550pt – 6,650pt and to attempt higher, and be supported ย bargain hunters. Meanwhile Wall Street yesterday (1/19) ended with the DJIA closed lower by 340pt, or 1.0%, while the S&P500 and the Nasdaq Composite both closed lower by 1.0% and 1.2%, respectively.
Today the JCI is expected to response news stream on COVID-19 pandemic status in the country (1), and release on stance of Indonesia monetary policy after the completion of the central bank Bank Indonesia (BI) January meeting, scheduled this afternoon (2). By market consensus, BI is expected to maintain the reference interest rates at 3.5%, despite tightening talks in other countries, especially in the US. However, BI may adjust other supporting monetary policies/regulations to response and anticipate the latest progress both in and outside the country, we reckon.
The JCI yesterday (1/19) performed within the estimated range to close by 0.3% lower than the previous close, with foreign flow recorded a total net Buy of IDR159bn, and total trading value of IDR12tr. The market statistics of the JCI yesterday ย indicated a stable/normal condition, despite the wider yield differential of the benchmark 10-year government bonds.
At the other end, yesterday ย the WTI price closed higher by 1.8% to a 7-year high USD86.9/barrel, ย mainly on supply worries.ย News yesterday that Turkey stopped part of the oil flow from major producer Iraq to Turkeyโs Ceyhan port, as an explosion occurred in the system . ย ย Meanwhile, the USDIDR closed ย at IDR14,370 vs. IDR14,325 ย the previous one.
Cheers,