The JCI October 21, 2022
๐๐๐ญ๐จ๐๐๐ซ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญ (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ฆ๐๐ฃ๐จ๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐๐๐ฌ ๐๐ฅ๐จ๐ฌ๐๐ ๐ฅ๐จ๐ฐ๐๐ซ ๐๐ฒ ๐ฌ๐จ๐ฆ๐ ๐.๐%, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐จ๐ง ๐ฆ๐ข๐ฑ๐๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐๐๐จ๐ง๐จ๐ฆ๐ข๐ ๐๐๐ญ๐, ๐ฐ๐ก๐ข๐ฅ๐ ๐ญ๐ก๐ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ’๐ฌ ๐๐๐ง๐ญ๐ซ๐๐ฅ ๐๐๐ง๐ค ๐ญ๐ก๐ ๐ ๐๐๐๐ซ๐๐ฅ ๐๐๐ฌ๐๐ซ๐ฏ๐ ๐ข๐ฌ ๐๐จ๐ฆ๐ฆ๐ข๐ญ๐ญ๐๐ ๐ญ๐จ ๐ข๐ง๐๐ซ๐๐๐ฌ๐ ๐ฉ๐จ๐ฅ๐ข๐๐ฒ ๐ซ๐๐ญ๐๐ฌ ๐๐จ๐ซ ๐ญ๐ก๐ ๐ซ๐๐ฌ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐ฒ๐๐๐ซ
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (10/21) is expected to trade between 6,920pt โ 7,060pt to attempt higher with the support of bargain hunters.
The JCI is expected to be supported also by positive sentiment of the 50 basis point of reference rate hike announced yesterday by Indonesiaโs central bank Bank Indonesia.
ย
Meanwhile, yesterday ย (10/20) Wall Street ended with the DJIA closed lower by 100 points or 0.3% to 30,334pt, while the S&P500 and the Nasdaq closed lower by 0.8% and 0.6%, respectively. Jitters on both the inflation level and the contraction of the economy in the US continued, despite the lower-than-expected latest weekly job claim, at 214k units (vs. an estimate of 230k units).
The 10-year US Treasury yield, meanwhile, climbed ย 10 basis points at 4.227%. The yield on the policy-sensitiveย 2-year Treasuryย rose by 5 basis points to 4.608%.
Yesterday, the price of ย WTI futures crude rose 16 cents to USD85.7/barrel, mainly supported by potential more demand from China which was reported to ease COVID-19 quarantine measures for visitors. Meanwhile, the USDIDR ย closed atย IDR15,579 vs. IDR15,491 the previous one.
Cheers,