The JCI July 5, 2022
๐๐ฎ๐ฅ๐ฒ ๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญ (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐ฐ๐๐ฌ ๐๐ฅ๐จ๐ฌ๐๐ ๐๐จ๐ซ ๐ฉ๐ฎ๐๐ฅ๐ข๐ ๐ก๐จ๐ฅ๐ข๐๐๐ฒ. ๐๐ญ๐จ๐๐ค ๐๐ฎ๐ญ๐ฎ๐ซ๐๐ฌ ๐ญ๐ข๐๐ ๐ญ๐จ ๐ฆ๐๐ฃ๐จ๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐๐๐ฌ ๐ฐ๐๐ซ๐ ๐ข๐ง ๐ญ๐๐๐ก๐ง๐ข๐๐๐ฅ ๐ซ๐๐๐จ๐ฎ๐ง๐ ๐จ๐ ๐ฌ๐จ๐ฆ๐ ๐.๐% ๐ญ๐ก๐ข๐ฌ ๐ฆ๐จ๐ซ๐ง๐ข๐ง๐ . ๐๐ง๐ฏ๐๐ฌ๐ญ๐จ๐ซ๐ฌ ๐๐ซ๐ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ข๐ง๐ ๐ฌ๐ญ๐ซ๐๐ญ๐๐ ๐ฒ ๐๐ฅ๐ฌ๐จ ๐ ๐ข๐ฏ๐๐ง ๐ญ๐ก๐ ๐๐๐๐ญ ๐ญ๐ก๐๐ญ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐๐๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ข๐ ๐ฎ๐ซ๐๐ฌ ๐ก๐๐ฏ๐ ๐๐๐๐ง ๐ง๐๐ ๐๐ญ๐ข๐ฏ๐ ๐๐จ๐ซ ๐ ๐๐จ๐ง๐ฌ๐๐๐ฎ๐ญ๐ข๐ฏ๐ ๐ช๐ฎ๐๐ซ๐ญ๐๐ซ๐ฌ
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (7/5) is expected to trade between 6,550pt โ 6,700pt ย to attempt higher and supported by bargain hunters.
The JCI performance yesterday (7/4) was worse-than-expected, although selling pressures had been anticipated. Most of the selling stemmed from the fear of the impact of the weakening USIDR, we suspect. ย As many factors are influencing the short-term movement for both the USDIDR and the JCI, to stick to fundamental value of any counters in the IDX are preferable at present while not to rule out cost-averaging act.
Yesterday, ย the WTIย price closed lower by 0.3% to ย USD108.1/barrel, supported mainly on supply side amid news stream on lower OPEC output, unrest in Libya and sanctions on Russia. Meanwhile, the USDIDR closed ย at IDR14,960 ย vs. IDR14,956 the previous one.
Cheers,