The JCI May 24, 2022
๐๐๐ฒ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญ (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ฆ๐๐ฃ๐จ๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐๐๐ฌ ๐๐ฅ๐จ๐ฌ๐๐ ๐ก๐ข๐ ๐ก๐๐ซ ๐๐ฒ ๐ฌ๐จ๐ฆ๐ ๐%, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐ญ๐๐๐ก๐ง๐ข๐๐๐ฅ ๐ซ๐๐ฏ๐๐ซ๐ฌ๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฅ๐๐ฌ๐ญ ๐ฐ๐๐๐ค’๐ฌ ๐ฌ๐ญ๐๐๐ฉ ๐ฌ๐๐ฅ๐ฅ-๐จ๐๐๐ฌ
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ญ๐ญ๐๐ฆ๐ฉ๐ญ ๐ก๐ข๐ ๐ก๐๐ซ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
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 Shanghaiโs 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,