The JCI January 26, 2022
๐๐๐ง๐ฎ๐๐ซ๐ฒ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐:๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญย (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ซ๐จ๐๐๐๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐๐ข๐๐ฌ ๐๐ฅ๐จ๐ฌ๐๐ ๐ฅ๐จ๐ฐ๐๐ซ ๐๐ฒ ๐๐ฅ๐จ๐ฌ๐ ๐ญ๐จ ๐%, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐จ๐ง ๐ฌ๐๐๐ญ๐จ๐ซ๐ฌ’ ๐ซ๐จ๐ญ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ง๐ญ๐ข๐๐ข๐ฉ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ ๐ญ๐ข๐ ๐ก๐ญ๐๐ง๐ข๐ง๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐ฆ๐จ๐ง๐๐ญ๐๐ซ๐ฒ ๐ฉ๐จ๐ฅ๐ข๐๐ฒ, ๐ฌ๐๐ก๐๐๐ฎ๐ฅ๐๐ ๐ญ๐จ ๐๐ ๐๐ง๐ง๐จ๐ฎ๐ง๐๐๐ ๐ญ๐จ๐๐๐ฒ
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (1/26) is expected to trade between 6,520pt – 6,620pt ย to attempt higher and ย be supported ย bargain hunters and annual higher commodity prices.
Factors to put pressure on the JCI today is higher yield-differential between the 10-year Indonesia government bond that closed lower by 2bp yesterday as compared to that of the US that closed higher by 5bp (1), and COVID-19 positivity rate especially in the Jakarta city increased to 11.2%, the highest this year (2).ย Before the end of the month, around 20 (twenty) ย schools in the Jakarta city have temporarily closed the prevailing 100% capacity of face-to-face learning, as quoted from the media, as the number of infected students increased.
Meanwhile, yesterday (1/25), ย Wall Street ย ended with the DJIA closed lower by 67pt, or 0.2%, while the S&P500 and the Nasdaq Composite both closed lower by 1.2% and 2.3%, respectively. Wall Street investorsย see the central bank noddingย toward the end of its asset purchases in the next month or two and anย outright rundown of the balance sheetย to start around midyear.
At the other end, yesterday ย the WTI price closed higher by 2.8% to USD85.6/barrel, ย mainly on intensified geopolitical risks in the middle of the sectorโs supply incapacity to catch-up with the accelerating demand. ย ย Meanwhile, the USDIDR closed ย at IDR14,358 vs. IDR14,354 ย the previous one.
Cheers,