The JCI July 8, 2022
๐๐ฎ๐ฅ๐ฒ ๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญย (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ฆ๐๐ฃ๐จ๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐๐๐ฌ ๐๐ฅ๐จ๐ฌ๐๐ ๐ก๐ข๐ ๐ก๐๐ซ ๐๐ฒ ๐ฌ๐จ๐ฆ๐ ๐.๐%, ๐๐ฅ๐ฌ๐จ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐๐๐ญ๐ญ๐๐ซ-๐ญ๐ก๐๐ง-๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐๐๐๐ ๐๐๐ซ๐ง๐ข๐ง๐ ๐ฌ ๐๐ง๐ ๐๐ข๐ฏ๐ข๐๐๐ง๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐)-๐๐๐ฌ๐๐ ๐๐จ๐ฎ๐ง๐ญ๐๐ซ ๐๐๐ฏ๐ข ๐๐ญ๐ซ๐๐ฎ๐ฌ๐ฌ
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ ๐๐ข๐ง ๐๐๐ ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (7/8) is expected to trade between 6,600pt โ 6,740pt ย to attempt higher and supported by bargain hunters. Upside of the JCI today might be restrained by movement of USDIDR and news stream on COVID-19 status in the capital city Jakarta, in particular.ย The last positivity rate of new cases in Jakarta is at 13.7% the last record, or representing around 60-day high.
Yesterday (7/7), Wall Street ended with the DJIA closed higher by 347 points or 1.1% to 31,385pt, while the S&P500 and the Nasdaq ย closed higher by 1.5% and 2.3%, repsectively.ย Meanwhile, ย the yield of the US 10-year Treasury note closed higher by 9bp to 3.004%. ย Yesterday saw another occurrence of yield inversion with the yield of the ย 2-year Note closed higher at 3.028% .
Yesterday, ย the WTIย price closed higher by 4.3% to ย USD102.7/barrel, still mainly on supply fundamental supply-insufficiency also on the news of the 30-day halt of Russian export through the Caspian Pipeline Consortium that accounts ย for 1% of global supply . Meanwhile, the USDIDR closed ย at IDR14,986 ย vs. IDR15,015 the previous one.
Cheers,