The JCI June 5, 2023
๐๐ฎ๐ง๐ ๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญ (๐๐๐๐ง๐๐ฌ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ฆ๐๐ฃ๐จ๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐๐ฑ๐๐ฌ ๐๐ฅ๐จ๐ฌ๐๐ ๐ก๐ข๐ ๐ก๐๐ซ ๐๐ฒ ๐๐ซ๐จ๐ฎ๐ง๐ ๐.๐%, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐ญ๐ซ๐ข๐ ๐ ๐๐ซ๐๐ ๐๐ฒ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐ฃ๐จ๐๐ ๐๐๐ญ๐ ๐๐จ๐ซ ๐๐๐ฒ ๐ฐ๐ก๐ข๐๐ก ๐ข๐ฌ ๐ฆ๐ฎ๐๐ก ๐ก๐ข๐ ๐ก๐๐ซ ๐ญ๐ก๐๐ง ๐ญ๐ก๐ ๐๐จ๐ง๐ฌ๐๐ง๐ฌ๐ฎ๐ฌ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ ๐๐ข๐ง ๐๐ง ๐๐๐ ๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (6/5) is expected to trade between 6,585ptโ6,720pt to attempt higher in volatile trading and supported by bargain hunters. ย The JCI today is expected to also be supported by Indonesia inflation data for May, widely expected to be 0.29% MoM (April: 0.33%) and 4.2% YoY (April: 4.33%).
Meanwhile, Friday last week (5/31) on Wall Street, the DJIA closed higher by 701 points or 2.1% to 33,763pt, while the S&P500 and the Nasdaq closed higher by 1.5% and 1.1%, respectively.
Payrolls in the public and private sectors in the USD increased by 339k for the month, better than the 190k Dow Jones estimate and marking the 29th straight month of positive job growth.
The 10-year US Treasury yield rose by 9 basis points to 3.698%.ย The yield on theย 2-year Treasuryย was last trading at 4.503% after rising by around 16 basis points.
Last week, the price of WTI closed higher by 2.5% to USD73.5/ barrel, mainly on a statement from Saudi Arabia during the OPEC+ member meeting yesterday (6/4) for a further voluntary output cut from the country, effective July. Meanwhile, the USDIDR closed at IDR15,003 vs. IDR14,969 ย the previous one.
Cheers,