๐๐๐ง๐ฎ๐๐ซ๐ฒ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญ (๐ ๐ซ๐ข๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐ก๐ ๐๐๐๐ ๐๐ง๐ ๐&๐ ๐๐๐ ๐๐ข๐ง๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐ฌ๐จ๐ฆ๐ ๐.๐% ๐ฅ๐จ๐ฐ๐๐ซ, ๐ข๐ง ๐ ๐๐๐ฎ๐ญ๐ข๐จ๐ฎ๐ฌ ๐ฆ๐จ๐๐ ๐๐จ๐ซ ๐ฌ๐ญ๐ซ๐๐๐ฆ ๐จ๐ ๐๐๐๐ ๐๐๐ซ๐ง๐ข๐ง๐ ๐ฌย ๐ซ๐๐ฅ๐๐๐ฌ๐ ๐ญ๐ก๐ข๐ฌ ๐ฐ๐๐๐ค
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐๐๐ข๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (1/25) is expected to be in the range of 6,200pt โ 6,350pt tend to have further pullback ย atlhough limitedly and backed by stable USDIDR . ย Meanwhile, Friday last week (1/22) ย the DJIA closed lower by 179 points or by 0.6% to 30,997pt, while the S&P500 and the Nasdaq both ended lower by 0.3% and higher by 0.09%, respectively.
๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ญ ๐ข๐ญ’๐ฌ ๐ฌ๐ก๐จ๐ซ๐ญ๐๐ซ-๐ญ๐๐ซ๐ฆ ๐ญ๐ฎ๐ซ๐ง๐ข๐ง๐ ๐ฉ๐จ๐ข๐ง๐ญ
Stakeholders is currently estimated to be factoring in the net impact of the lower business activities to the 1Q21 financial results and the on-going vaccination programs in the country, should the current intensifying Positivity Rates (PR) of new cases do not be solved. The JCI, within the coming weeks, is expected to move, driven mainly ย by factor of ย whether domestic economic ย growth of the ย expected 5%+ YoY be achieved or not. The question of which is most difficult to answer at the very present time.
At the other end, the double digits of the high 20โs % PR by the minimum across most cities in the country, is another difficult scope of analysis at the moment, in the middle of news on a meaningful-improvement of PR trend in advanced countries of United Kingdom and Germany.
With still some 2 (two) months into end of the 1Q21, shorter-term equity investors might play it safe by putting the investments both in the V-shape recovery counters as well as the defensive ones taking into account favorable valuations.ย The counters for both are included, but not limited , the the last paragraph below.
At the other end, last week the WTI price closed lower by 1.6% to USD52.7/barrel as compared ย to the previous close. The decline is estimated mostly on the fresh wave of COVID-19 cases that has sparked new restrictions both in the US and Europe. ย Meanwhile, the USDIDR ย closedย at IDR14,054 ย vs. IDR14,039 the previous one.
We advise the following recommendations, for both trading and longer-time investment purpose. ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐จ๐ณ๐ช, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ฏ๐ฅ๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต ), ๐๐๐๐, ๐๐๐๐, ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ฐ๐ข๐ญ ๐๐ช๐ฏ๐ช๐ฏ๐จ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐ฌ๐ฆ๐ต-๐ธ๐ฆ๐ช๐จ๐ฉ๐ต), ๐๐๐๐, ๐๐๐๐, ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ฐ๐ฏ๐ด๐ถ๐ฎ๐ฆ๐ณ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ท๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต ), ๐๐ง๐ ๐๐๐๐, ๐๐๐๐, ๐๐๐๐,๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ณ๐ข๐ฅ๐ฆ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ท๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต),๐๐ง๐ ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ข๐ด๐ช๐ค ๐๐ฏ๐ฅ๐ถ๐ด๐ต๐ณ๐บ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐ฌ๐ฆ๐ต-๐ธ๐ฆ๐ช๐จ๐ฉ๐ต).
Cheers,