The JCI January 13, 2022
๐๐๐ง๐ฎ๐๐ซ๐ฒ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ- ๐,๐๐๐๐ฉ๐ญย (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ฆ๐๐ฃ๐จ๐ซ ๐ข๐ง๐๐ข๐๐๐ฌ ๐๐ฅ๐จ๐ฌ๐๐ ๐ฌ๐ฅ๐ข๐ ๐ก๐ญ๐ฅ๐ฒ ๐ก๐ข๐ ๐ก๐๐ซ, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ ๐จ๐ ๐๐ฆ๐๐ซ๐ข๐๐ (๐๐) ๐๐๐๐๐ฆ๐๐๐ซ’๐ฌ ๐ข๐ง๐๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐๐ญ๐ ๐๐ฅ๐ฅ ๐ข๐ญ๐ฆ๐๐ฌ, ๐๐ญ ๐.๐% ๐๐จ๐, ๐ญ๐ก๐ ๐ก๐ข๐ ๐ก๐๐ฌ๐ญ ๐ฌ๐ข๐ง๐๐ ๐๐๐๐, ๐๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ ๐๐ข๐ง ๐๐๐ ๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (1/13) is expected to trade between 6,610pt – 6,720pt and to hover mostly in the green also on the back of ย bargain hunters. Meanwhile, yesterday (1/12) the DJIA closed higher by 38pt or 0.1% to 36,290pt, while the S&P500 and the Nasdaq Composite ย ย both closed higher by 0.3% and 0.2%, respectively. The US inflation rates last year, ย less food and energy index rose 5.5 % YoY, the largest February 1991. The energy index rose 29.3% YoY and the food index increased 6.3% YoY. ย The US bond market seemed to have factored-in the annual recovery ย during the first 3 (three) days this year.
The JCI todayย is expected to be supported by commodity prices, with thermal coal closed at USD203/tonne (vs. record high of USD269/tonne in October last year), while upside maybe limited by higher demand of the fixed income products.
At the other end, yesterday ย the WTI price closed higher by 2.0% to USD82.8/barrel, ย mainlyon longer-term ย ย supply doubt, also as the ย EIA yesterday ย increased the estimate of demand growth for oil in the US this year to 840k bpd vs.an increase of 700k bpd previously. ย ย Meanwhile, the USDIDR closed ย at IDR14,302 ย vs. IDR14,299 ย the previous one.
Cheers,