The JCI September 15, 2023

𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 𝟏𝟓, 𝟐𝟎𝟐𝟑

• 𝐓𝐡𝐞 𝐉𝐂𝐈 𝐭𝐫𝐚𝐝𝐢𝐧𝐠 𝐫𝐚𝐧𝐠𝐞:𝟔,𝟗𝟏𝟎𝐩𝐭 – 𝟕,𝟎𝟐𝟎𝐩𝐭 (𝐘𝐞𝐬𝐭𝐞𝐫𝐝𝐚𝐲 𝐜𝐥𝐨𝐬𝐞: 𝟔,𝟗𝟓𝟗𝐩𝐭)

• 𝐖𝐚𝐥𝐥 𝐒𝐭𝐫𝐞𝐞𝐭 𝐞𝐧𝐝𝐞𝐝 𝐰𝐢𝐭𝐡 𝐦𝐚𝐣𝐨𝐫 𝐞𝐪𝐮𝐢𝐭𝐲 𝐢𝐧𝐝𝐞𝐱𝐞𝐬 𝐜𝐥𝐨𝐬𝐞𝐝 𝐡𝐢𝐠𝐡𝐞𝐫 𝐛𝐲 𝟎.𝟔%, 𝐚𝐥𝐬𝐨 𝐝𝐫𝐢𝐯𝐞𝐧 𝐛𝐲 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬 (𝐔𝐒) 𝐫𝐞𝐭𝐚𝐢𝐥 𝐝𝐚𝐭𝐚 (𝐢𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞) 𝐟𝐨𝐫 𝐀𝐮𝐠𝐮𝐬𝐭, 𝐚𝐭 +𝟎.𝟔%, 𝐨𝐫 𝐡𝐢𝐠𝐡𝐞𝐫 𝐭𝐡𝐚𝐧 𝐜𝐨𝐧𝐬𝐞𝐧𝐬𝐮𝐬-𝐞𝐬𝐭𝐢𝐦𝐚𝐭𝐞 𝐨𝐟 +𝟎.𝟏%

• 𝐓𝐡𝐞 𝐉𝐂𝐈 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐟𝐥𝐮𝐜𝐭𝐮𝐚𝐭𝐞 𝐬𝐮𝐩𝐩𝐨𝐫𝐭𝐞𝐝 𝐛𝐲 𝐬𝐭𝐚𝐛𝐥𝐞 𝐔𝐒𝐃𝐈𝐃𝐑 𝐚𝐧𝐝 𝐨𝐢𝐥-𝐜𝐥𝐨𝐬𝐞

Morning,

The Jakarta Composite Index (JCI) today (9/15) is expected to trade between 6,910pt–7,020pt to attempt higher and supported by bargain hunters.

Meanwhile,  yesterday  (9/14) on Wall Street, the DJIA closed higher by 332 points or 1.0% to 34,907pt, while the S&P500 and the Nasdaq Composite both closed higher by 0.8%.

The 10-year US Treasury yield was lower by 1 basis point to 4.288%. Also, the 2-year Treasury yield climbed 3  basis points to  5.014%.

Yesterday, the price of the WTI  futures closed lower by 1.9% at USD90.2/barrel, mainly on supply concerns along with the latest statement of major producers to keep the current level of supply cut.  Meanwhile, the USDIDR closed at IDR15,357 vs. IDR15,367  the previous one.

Cheers,