The JCI June 23, 2022
REVISED
๐๐ฎ๐ง๐ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐:๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญ (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ฆ๐๐ฃ๐จ๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐๐๐ฌ ๐๐ฅ๐จ๐ฌ๐๐ ๐ฅ๐จ๐ฐ๐๐ซ ๐๐ฒ ๐ฌ๐จ๐ฆ๐ ๐.๐%, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐๐๐ง๐ญ๐ซ๐๐ฅ ๐๐๐ง๐ค ๐ฌ๐ญ๐๐ญ๐๐ฆ๐๐ง๐ญ ๐จ๐ ๐ฌ๐ญ๐ซ๐จ๐ง๐ ๐๐จ๐ฆ๐ฆ๐ข๐ญ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐ฉ๐๐๐ ๐จ๐ ๐ข๐ง๐๐ฅ๐๐ญ๐ข๐จ๐ง ๐ซ๐๐ญ๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
ย The Jakarta Composite Index (JCI) today (6/23) is expected to trade between 6,940pt โ 7,060pt ย to attempt higher and supported by bargain hunters.
The JCI today is expected to response on Indonesia central bank Bank Indonesia (BI) statement of the latest monetary policy , scheduled this afternoon after itsย Board-of Governors June meeting. BI is widely-expected to maintain its current reference rates BI7D-RRR of record-low 3.5%, given the relatively stable inflation and exchange rate indicators, among others, and also to maintain to its pro-growth policy.
Yesterday (6./22) Wall Street closed with the DJIA ended lower by 47 points or 0.2% to 30,483pt, while the S&P500 and the Nasdaq Composite closed lower by 0.1% and 0.2%, respectively. At the other end, the yield a the 10-year US Treasury closed lower by 15bp to 3.15% yesterday. Federal Reserve Chairman Jerome Powell yesterday told Congress the central bankย is committed to curb the US 40-year high inflation rate. The statement drew immediate purchase to bonds product yesterday.
Yesterday, ย the WTIย price closed lower by 1% to ย USD106.2/barrel, mainly on fear of reduced demand along with the hiking of the US interest rates and of higher USD index ย Meanwhile, the USDIDR closed ย at IDR14,860 vs. IDR14,804 the previous one.
Cheers,