The JCI June 20, 2022

๐‰๐ฎ๐ง๐ž ๐Ÿ๐ŸŽ, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ

 

* ๐“๐ก๐ž ๐‰๐‚๐ˆ ๐ญ๐ซ๐š๐๐ข๐ง๐  ๐ซ๐š๐ง๐ ๐ž: ๐Ÿ”,๐Ÿ–๐Ÿ”๐ŸŽ๐ฉ๐ญ – ๐Ÿ•,๐ŸŽ๐ŸŽ๐ŸŽ๐ฉ๐ญย  (๐…๐ซ๐ข๐๐š๐ฒ ๐œ๐ฅ๐จ๐ฌ๐ž: ๐Ÿ”,๐Ÿ—๐Ÿ‘๐Ÿ•๐ฉ๐ญ)

* ๐–๐š๐ฅ๐ฅ ๐’๐ญ๐ซ๐ž๐ž๐ญ ๐ž๐ง๐๐ž๐ ๐ฐ๐ข๐ญ๐ก ๐›๐ซ๐จ๐š๐๐ž๐ซ ๐ž๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐œ๐ž๐ฌ ๐ญ๐ก๐ž ๐’&๐๐Ÿ“๐ŸŽ๐ŸŽ ๐š๐ง๐ ๐๐š๐ฌ๐๐š๐ช ๐‚๐จ๐ฆ๐ฉ๐จ๐ฌ๐ข๐ญ๐ž ๐œ๐ฅ๐จ๐ฌ๐ž๐ ๐ก๐ข๐ ๐ก๐ž๐ซ ๐›๐ฒ ๐ฌ๐จ๐ฆ๐ž ๐Ÿ% ๐ฆ๐š๐ข๐ง๐ฅ๐ฒ ๐ญ๐ซ๐ข๐ ๐ ๐ž๐ซ๐ž๐ ๐›๐ฒ ๐ซ๐ž๐ฏ๐ž๐ซ๐ฌ๐š๐ฅ ๐จ๐Ÿ ๐ญ๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐œ๐จ๐ฎ๐ง๐ญ๐ž๐ซ๐ฌ

* ๐“๐ก๐ž ๐‰๐‚๐ˆ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐Ÿ๐ฅ๐ฎ๐œ๐ญ๐ฎ๐š๐ญ๐ž ๐š๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ž๐ ๐›๐ฒ ๐ฌ๐ญ๐š๐›๐ฅ๐ž ๐”๐’๐ƒ๐ˆ๐ƒ๐‘ ๐œ๐ฅ๐จ๐ฌ๐ž

 

Morning,

 

The Jakarta Composite Index (JCI) today (6/20) is expected to trade between 6,860pt โ€“ 7,000pt ย to attempt higher and supported by bargain hunters. The upside of the JCI today is expected to be restrained by wait-and-see position amid slightly weakening USDIDR. The central bank Bank Indonesia is scheduled to hold its monthly monetary stance meeting this week (6/23).ย  Meanwhile, the yield on the 10-year Indonesia government bonds closed higher by 6bp at 7.47% Friday.

 

Wall Street Friday ย (6/17) ended with the DJIA closed lower ย by 38pt, or 0.1% to 29,889pt, while the S&P500 and the Nasdaq closed higher by 0.2% and 1.4%, respectively. Meanwhile, the 10-year Treasury yield closed lower by ย 8bp to 3.226%.

 

Friday last week ย the WTIย  price closed lower by 6.8% to ย USD109.6/barrel, mainly on pressure from the USD index following the 75bp hike of interest rate by the Federal Reserve, the highest increase in a single meeting since 1994. ย Meanwhile, the USDIDR closed ย at IDR14,828 vs. IDR14,741 ย the previous one.

 

 

Cheers,

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