The JCI June 8, 2022

๐‰๐ฎ๐ง๐ž ๐Ÿ–, 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ŸŽ๐Ÿ—๐ŸŽ๐ฉ๐ญ -๐Ÿ•,๐Ÿ๐Ÿ’๐ŸŽ๐ฉ๐ญย ย ย  (๐˜๐ž๐ฌ๐ญ๐ž๐ซ๐๐š๐ฒ ๐œ๐ฅ๐จ๐ฌ๐ž:ย  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ฆ๐š๐ฃ๐จ๐ซ ๐ž๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐œ๐ž๐ฌ ๐œ๐ฅ๐จ๐ฌ๐ž๐ ๐ก๐ข๐ ๐ก๐ž๐ซ ๐›๐ฒ ๐ฆ๐จ๐ซ๐ž ๐ญ๐ก๐š๐ง ๐Ÿ%, ๐š๐ฆ๐ข๐ ๐œ๐š๐ฎ๐ญ๐ข๐จ๐ง ๐ข๐Ÿ ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ (๐”๐’) ๐œ๐ž๐ง๐ญ๐ซ๐š๐ฅ ๐›๐š๐ง๐ค ๐ญ๐จ ๐ฉ๐ซ๐จ๐œ๐ž๐ž๐ ๐ฐ๐ข๐ญ๐ก ๐ซ๐š๐ญ๐ž๐ฌ ๐ก๐ข๐ค๐ž ๐ข๐ง ๐š ๐Ÿ“๐ŸŽ๐›๐ฉ ๐ข๐ง๐œ๐ซ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ ๐š๐ฅ๐จ๐ง๐  ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ž ๐ฎ๐ฉ๐œ๐จ๐ฆ๐ข๐ง๐  ๐Œ๐š๐ฒ’๐ฌ ๐‚๐๐ˆ ๐๐š๐ญ๐š

* ๐“๐ก๐ž ๐‰๐‚๐ˆ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐š๐ญ๐ญ๐ž๐ฆ๐ฉ๐ญ ๐ก๐ข๐ ๐ก๐ž๐ซ 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š๐ง๐ ๐จ๐ข๐ฅ-๐œ๐ฅ๐จ๐ฌ๐ž

 

Morning,

 

ย The Jakarta Composite Index (JCI) today (6/8) is expected to trade between 7,090pt โ€“ 7,240ptย  to fluctuate and supported by bargain hunters.

 

Wall Street yesterday (6/7) ended with the DJIA closed higher ย by 264pt, or 0.8% to 33,180pt, while the S&P500 and the Nasdaq closed higher by 2.0% and 2.0%, respectively. ย ย At the other end, the US 10-year Treasury yield closed lower by 5bp to 2.98%, in cautious monitor for Mayโ€™s inflation data on Friday.

 

ย ย All the while, it is reported that the World Bank slashed its global economic growth forecast this year to 2.9% YoY, or 1.2ppt lower than forecast made in January of 4.1% YoY ย (2021: 5.7% YoY).

 

Yesterday ย the WTIย  price closed lower by 0.3% to ย USD119.4/barrel, mainly supported by higher demand as China relaxes COVID-19 measures amid sectorโ€™s supply imbalance.ย  Meanwhile, the USDIDR closed ย at IDR14,464 ย vs. IDR14,462 the previous one.

 

 

Cheers,

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