The JCI May 24, 2022

๐Œ๐š๐ฒ ๐Ÿ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Ÿ–๐ŸŽ๐ŸŽ๐ฉ๐ญ – ๐Ÿ”,๐Ÿ—๐Ÿ’๐ŸŽ๐ฉ๐ญ (๐˜๐ž๐ฌ๐ญ๐ž๐ซ๐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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ฌ๐จ๐ฆ๐ž ๐Ÿ%, ๐ฆ๐š๐ข๐ง๐ฅ๐ฒ ๐ญ๐ž๐œ๐ก๐ง๐ข๐œ๐š๐ฅ ๐ซ๐ž๐ฏ๐ž๐ซ๐ฌ๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฅ๐š๐ฌ๐ญ ๐ฐ๐ž๐ž๐ค’๐ฌ ๐ฌ๐ญ๐ž๐ž๐ฉ ๐ฌ๐ž๐ฅ๐ฅ-๐จ๐Ÿ๐Ÿ๐ฌ

* 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,

 

The Jakarta Composite Index (JCI) today (5/24) is expected to trade between 6,800pt โ€“ 6,940ptย  to gain edge by support of bargain hunters.ย  The JCI is expected to be supported by the lift-off of CPO export ban, among other factors. The JCI is expected to receive release during the completion of May Board-of Governor meeting of the central bank Bank Indonesia. Theย  consensus estimate is the bank to maintain the reference rate at 3.5%.

 

Wall Street yesterday (5/23), ended with the DJIA closed higher by 618pt or 2.0% to 31,880pt, meanwhile the S&P500 and Nasdaq closed higher by 1.9% and 1.6%, respectively. At the other end, the yield of the benchmark 10-year Treasury notes closed higher ย by 7bp at 2.87% .

 

Yesterday ย the WTIย  price closed stable ย at ย USD110.3/barrel, mainly on demand prospect still on Shanghaiโ€™s plans to reopen after a two-month coronavirus lockdown.ย  Meanwhile, the USDIDR closed ย at IDR14,665ย  vs. IDR14,661 the previous one.

 

Cheers,

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