The JCI October 18, 2022

๐Ž๐œ๐ญ๐จ๐›๐ž๐ซ 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Ÿ–๐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ฆ๐จ๐ซ๐ž ๐ญ๐ก๐š๐ง ๐Ÿ%, ๐š๐ฌ ๐ฌ๐ญ๐ซ๐จ๐ง๐ ๐ž๐ซ ๐ญ๐ก๐š๐ง ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐ก๐ข๐ซ๐ ๐ช๐ฎ๐š๐ซ๐ญ๐ž๐ซ ๐ž๐š๐ซ๐ง๐ข๐ง๐ ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ (๐”๐’) ๐ฆ๐š๐ฃ๐จ๐ซ ๐ฅ๐ข๐ฌ๐ญ๐ž๐ ๐›๐š๐ง๐ค๐ฌ ๐›๐จ๐จ๐ฌ๐ญ๐ž๐ ๐ฌ๐ž๐ง๐ญ๐ข๐ฆ๐ž๐ง๐ญ๐ฌ

* ๐“๐ก๐ž ๐‰๐‚๐ˆ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐Ÿ๐ฅ๐ฎ๐œ๐ญ๐ฎ๐š๐ญ๐ž ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ž๐ ๐›๐ฒ ๐ฌ๐ญ๐š๐›๐ฅ๐ž ๐”๐’๐ˆ๐ƒ๐ƒ๐‘ ๐š๐ง๐ ๐จ๐ข๐ฅ-๐œ๐ฅ๐จ๐ฌ๐ž

 

Morning,

 

ย The Jakarta Composite Index (JCI) today (10/18) is expected to trade between 6,780pt โ€“ 6,920pt to gain an edge with the support of bargain hunters.ย  ย ย ย 

Meanwhile, yesterday ย (10/17) Wall Street ended with the DJIA closed higher by 551 points or 1.9% to 29,635pt, while the S&P500 and the Nasdaq closed higher by 2.7% and 3.4%, respectively.

 

Earnings of US-listed bank Bank of America, in the 3Q22, ย topped analystsโ€™ estimates as the countryโ€™s aggressive monetary policy benefits interest-based income, while loans grew by 12% YoY.

 

The 10-year US Treasury yield, meanwhile, was up one basis point at 4.017%. The yield on the policy-sensitiveย 2-year Treasuryย dipped by about five basis points to 4.454%. It had reached a 15-year high on Thursday.

 

Yesterday, the price of ย WTI futures crude was relatively flat, last down 5 cents, or 0.06%, at USD85.56/barrel, mainly supported by Chinaโ€™s latest move to support its domestic economic growth. ย Meanwhile, the USDIDR ย closed atย  IDR15,480 vs. IDR15,390 the previous one.

 

 

Cheers,

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