
The JCI July 04, 2019
๐๐ฎ๐ฅ๐ฒ ๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐ ๐ญ๐จ๐๐๐ฒ : ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญ (๐ฒ๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐๐ง๐๐ ๐จ๐ ๐ซ๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ ๐๐จ๐ฆ๐๐ฌ๐ญ๐ข๐ ๐ฌ๐๐ง๐ญ๐ข๐ฆ๐๐ง๐ญ๐ฌ
* ๐๐ง๐ฅ๐ข๐ค๐ ๐ฒ๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐ญ๐ซ๐๐๐ข๐ง๐ , ๐ญ๐ก๐ ๐๐๐ ๐ญ๐จ๐๐๐ฒ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ ๐ฆ๐จ๐ซ๐ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐ซ๐๐๐ง ๐ณ๐จ๐ง๐
Morning,
The Jakarta Composite Index (JCI) today (4/7) is expected to be in the narrow range of 6,340pt โ 6,410pt. Wall Street ended yesterday sessions strengthening with the DJIA up by 179pt to an all-time high of 26,966pt, while the S&P500 and Nasdaq were up by 0.7% higher, respectively.ย Release data of private payrolls in the United States yesterday, at 102,000 units for the month June was much below the expectation of 130,000 units. This prompted investorsโ confidence that the central bank Federal Reserve decides to lower rate at the FOMC meeting end of this month.
The JCI today is expected to be supported by stable USDIDR that closed at IDR14.160 yesterday vs. IDR14.140 previously. Also by stable WTI price that closed at USD57.9/barrel, gain of 1.9% than previous close.
We keep the following recommendations. These counters have been hit hard since the end of ย March this year and thus offer bargain opportunity both for trading and longer term investment purpose. ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐จ๐ณ๐ช, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ฏ๐ฅ๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต ), ๐๐๐๐, ๐๐๐๐, ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ฐ๐ข๐ญ ๐๐ช๐ฏ๐ช๐ฏ๐จ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐ฌ๐ฆ๐ต-๐ธ๐ฆ๐ช๐จ๐ฉ๐ต), ๐๐๐๐, ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ฐ๐ฏ๐ด๐ถ๐ฎ๐ฆ๐ณ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ท๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต ), ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ถ๐ต๐ฐ๐ฎ๐ข๐ต๐ช๐ท๐ฆ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐ฌ๐ฆ๐ต-๐ธ๐ฆ๐ช๐จ๐ฉ๐ต), ๐๐ง๐ ๐๐๐๐, ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ณ๐ข๐ฅ๐ฆ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ท๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต),๐๐ง๐ ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ข๐ด๐ช๐ค ๐๐ฏ๐ฅ๐ถ๐ด๐ต๐ณ๐บ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐ฌ๐ฆ๐ต-๐ธ๐ฆ๐ช๐จ๐ฉ๐ต).
Cheers,