
The JCI May 10, 2022
๐๐๐ฒ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญ (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ซ๐จ๐๐๐๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐๐๐ฌ ๐จ๐ ๐&๐๐๐๐ ๐๐ง๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ช ๐๐ฅ๐จ๐ฌ๐๐ ๐๐ซ๐จ๐ฎ๐ง๐ ๐ญ๐ฐ๐ข๐๐ ๐๐ฌ ๐ฆ๐ฎ๐๐ก ๐ฅ๐จ๐ฐ๐๐ซ ๐ญ๐ก๐๐ง ๐ญ๐ก๐ ๐๐๐๐, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐จ๐ง ๐๐จ๐ง๐ญ๐ข๐ง๐ฎ๐๐ ๐๐จ๐ง๐๐๐ซ๐ง๐ฌ ๐จ๐ ๐ฌ๐ฅ๐จ๐ฐ๐๐ซ ๐๐๐จ๐ง๐จ๐ฆ๐ข๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐๐ง๐ ๐ข๐งย ๐จ๐ญ๐ก๐๐ซ ๐ฆ๐๐ฃ๐จ๐ซ ๐๐๐จ๐ง๐จ๐ฆ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ฐ๐จ๐ซ๐ฅ๐
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐
Morning,
The Jakarta Composite Index (JCI) today (5/10) is expected to trade between 6,850pt โ 6,980ptย to attempt higher mainly on sentiments of domestic macro data while supported by bargain hunters.ย The COVID-19 new cases in the Jakarta city stands at 1.4% positivity rate by the latest data.ย The JCI is expected to be supported by Indonesia 1Q22 GDP growth of 5.01% YoY, and inflation rates for April of 3.47% YoY both of which are well within the consensusesโ estimates.
Wall Street yesterday (5/9) ย ย ended with the DJIA closed lower by 654pt or 2.0% to 32, 246pt, meanwhile the S&P500 and Nasdaq closed lower by 3.2% and 4.3%, respectively. At the other end, the yield of the benchmark 10-year Treasury notes closed lower by 9bp at 3.03% yesterday ,after happened to touch the 3.17% level,the highest since November 2018.
Yesterday the WTIย price closed lower by 6.1% to USD103.1/barrel against the previous close, mainly on demand worries along with the news of increasing re-lockdowns for COVID-19 in China. ย ย Meanwhile, the USDIDR closed ย at IDR14,534ย vs. IDR14,480 the previous one.
Cheers,