๐๐๐ซ๐๐ก ๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐ :๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญย (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐:ย ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ฆ๐๐ฃ๐จ๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐๐๐ฌ ๐๐ฅ๐จ๐ฌ๐๐ ๐ฅ๐จ๐ฐ๐๐ซ ๐๐ฒ ๐๐ฅ๐ฆ๐จ๐ฌ๐ญ ๐%, ๐๐ฅ๐ฌ๐จ ๐ญ๐ก๐๐ญ ๐ญ๐ก๐ ๐ฅ๐๐ญ๐๐ฌ๐ญ ๐ ๐๐จ๐ฉ๐จ๐ฅ๐ข๐ญ๐ข๐๐๐ฅ ๐ซ๐ข๐ฌ๐ค ๐ข๐ฌ ๐ฏ๐ข๐๐ฐ๐๐ ๐๐ฌย ย ๐ ๐ฌ๐ฎ๐๐๐๐ง ๐๐ข๐๐๐ข๐๐ฎ๐ฅ๐ญ ๐ฏ๐๐ซ๐ข๐๐๐ฅ๐ ๐ญ๐จ ๐๐จ๐ง๐ฌ๐ข๐๐๐ซ ๐๐จ๐ญ๐ก ๐๐ฒ ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐จ๐ซ๐ฌ ๐๐ง๐ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐๐๐ง๐ญ๐ซ๐๐ฅ ๐๐๐ง๐ค
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐๐จ๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ
Morning,
ย The Jakarta Composite Index (JCI) today (3/2) is expected to trade between 6,880pt – 6,990pt ย to gain edge ย and ย supported by ย bargain hunters. The JCI is expected to be supported by the momentum of astonishingly higher commoditiesโ close yesterday (3/1). However, a public holiday in Indonesia tomorrow ย is expected to slow-down the upside.
ย ย The JCI yesterday moved as expected, playing a safe-haven , along with the total foreign net Buy of ย relatively-high IDR1.7tr and total daily value of IDR19.5tr (year-to-date ย daily average is IDR13.1tr). In addition, Indonesia Februaryโs CPI data was released at an annual inflation rate of 2.06% YoY ( (January: 2.18% YoY, 2021: 1.87% YoY) ย or higher than the central bank Bank Indonesia estimate of 1.97% YoY.ย This data helped support the domestic market.
Wall Street yesterday (3/1) ended with the DJIA closed lower by 598pt or 1.8% to 33,295pt, while the S&P500 and the Nasdaq Compositeย closed lower by 1.6% and higher by 1.6%, respectively. The yield of the benchmark 10-year US Treasury note closed ย lower by ย another double-digit of 11 bp to 1.758% yesterday. ย These negative indicators, given the latest development of Russia and Ukraine crisis, we argue, is mostly to reflect US ย investorsโ worry on the possibility of the establishment of the USSR part-2, while the USSR part-1 had proven to be a system failure as shown ย at the end of 1990.
Meanwhile yesterday ย ย the WTI ย price closed higher by 8.0% against the previous close to USD103.4/barrel, also on fact of supply disruptions as Russiaโs international trade is freezed while the country is a significant oil producer. ย Meanwhile the USDIDR closed ย at IDR14,350 vs. IDR14,369 the previous one.
Cheers,