The JCI July 26, 2022
๐๐ฎ๐ฅ๐ฒ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐:๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญย (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ ๐ญ๐๐๐ก-๐ฅ๐๐๐๐ง ๐๐๐ฌ๐๐๐ช ๐๐ฅ๐จ๐ฌ๐๐ ๐ฅ๐จ๐ฐ๐๐ซ ๐๐ฒ ๐.๐% , ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐๐ฌ ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐จ๐ซ๐ฌ ๐๐ซ๐ ๐๐ง๐ฑ๐ข๐จ๐ฎ๐ฌ ๐๐จ๐ซ ๐ฌ๐ญ๐ซ๐๐๐ฆ ๐จ๐ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐)-๐๐๐ฌ๐๐ ๐๐๐๐ ๐๐๐ซ๐ง๐ข๐ง๐ ๐ฌ ๐ซ๐๐ฅ๐๐๐ฌ๐ ๐ญ๐ก๐ข๐ฌ ๐ฐ๐๐๐ค
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
ย The Jakarta Composite Index (JCI) today (7/26) is expected to trade between 6,790pt โ 6,900pt ย to attempt higher and supported by bargain hunters. ย The JCI today is expected to be supported by higher commodity prices. At the other end,the yield of Indonesia reference 10-year government bonds was off its week-high of 7.503% to close at 7.442% yesterday, reflecting recession-fear factor.
Yesterday (7/25), Wall Street ended with the DJIA closed higher by 91 points or 0.3% to 31,990pt, while the S&P500 and the Nasdaq ย closed higher by 0.1% and lower by ย 0.4%, respectively. ย At the other end, the yield of the US 10-year Treasury note rose ย by 3bp to close at 2.82%. The inversion between the 2-year and 10-year notes remained last week, with the yield of the 2-year US Treasury notes was up 4 bp at 3.03%.
ย Yesterday, ย the WTI price closed higher by 2.1% to ย USD96.7/barrel, mainly on the risk of higher USD Index.ย The US Federal Reserveโs two-day policy meeting, concluding on Wednesday, with economists broadly expecting a 75 bp hike to interest rates. Meanwhile, the USDIDR closed ย at IDR14,992 ย vs. IDR15,024 the previous one.
Cheers,