The JCI March 16, 2021
๐๐๐ซ๐๐ก ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญย (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐ฌ๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ ๐๐๐๐ ๐๐ ๐๐ข๐ง ๐ฉ๐จ๐ฌ๐ญ๐๐ ๐ซ๐๐๐จ๐ซ๐ ๐ก๐ข๐ ๐ก-๐๐ฅ๐จ๐ฌ๐ ๐๐ญ ๐๐,๐๐๐๐ฉ๐ญ ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐จ๐ง ๐จ๐ฉ๐ญ๐ข๐ฆ๐ข๐ฌ๐ฆ ๐จ๐ ๐ฌ๐ฆ๐จ๐จ๐ญ๐ก ๐๐๐จ๐ง๐จ๐ฆ๐ข๐ ๐ซ๐๐๐จ๐ฏ๐๐ซ๐ฒ
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ญ๐ซ๐๐๐ ๐ฌ๐ข๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ง๐ ๐๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐ฅ๐จ๐ฌ๐ ๐จ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ ๐ฉ๐ซ๐ข๐๐
Morning,
The Jakarta Composite Index (JCI) today (3/16) is expected to be in the range of 6,275pt โ 6,375pt, ย to be sideways and supported by bargain hunters. Meanwhile, yesterday (3/15), the DJIA closed higher by 175 points or 0.5% to 32,954pt, while the S&P500 and the Nasdaq ended higher by 0.7% and 1.1%, respectively.
A smooth progress in the COVID-19 vaccinationย program in the United States (US) is a major factor behind stakeholdersโ positive vibes in the stock market, we note.ย In US, the latest vaccination rate isย 2,427,430 dosesย per day, on average. At this rate, it will takeย an estimated 5 monthsย to coverย 75%ย of the population, as quoted from the media. Also, at the current stage, all 3 (three) authorized COVID-19 vaccines in the US are reported to be well-receptive without significant side effects. ย ย ย This narration should create optimum business output against the current accomodative monetary policy. The central bank the Fed is scheduled to start its monthly meeting today .
At the other end, yesterday ย the WTI price closed lower by ย 0.3% to USD65.4/barrel as compared ย to the previous closeย , mainly both on supply stability level against prospect of intensifying higher demand. ย Meanwhile, the USDIDR ย closedย at IDR14,418 ย vs. IDR14,371 the previous one.
We advise the following recommendations, for both trading and longer-time investment purpose. ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐จ๐ณ๐ช, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ฏ๐ฅ๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต ), ๐๐๐๐, ๐๐๐๐, ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ฐ๐ข๐ญ ๐๐ช๐ฏ๐ช๐ฏ๐จ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐ฌ๐ฆ๐ต-๐ธ๐ฆ๐ช๐จ๐ฉ๐ต), ๐๐๐๐, ๐๐๐๐, ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ฐ๐ฏ๐ด๐ถ๐ฎ๐ฆ๐ณ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ท๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต ), ๐๐ง๐ ๐๐๐๐, ๐๐๐๐, ๐๐๐๐,๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ณ๐ข๐ฅ๐ฆ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ท๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต),๐๐ง๐ ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ข๐ด๐ช๐ค ๐๐ฏ๐ฅ๐ถ๐ด๐ต๐ณ๐บ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐ฌ๐ฆ๐ต-๐ธ๐ฆ๐ช๐จ๐ฉ๐ต).
Cheers,