The JCI June 13, 2022
๐๐ฎ๐ง๐ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญย (๐ ๐ซ๐ข๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ฆ๐๐ฃ๐จ๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐๐๐ฌ ๐๐ฅ๐จ๐ฌ๐๐ ๐ฅ๐จ๐ฐ๐๐ซ ๐๐ฒ ๐จ๐ฏ๐๐ซ ๐ญ๐ก๐๐ง ๐%, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐๐ฌ ๐ญ๐ก๐ ๐ซ๐๐ฅ๐๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐๐๐ฒ ๐ข๐ง๐๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐๐ญ๐ ๐๐๐๐๐ ๐ฆ๐จ๐ซ๐ ๐ฉ๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐ ๐จ๐ง ๐ญ๐ก๐ ๐๐ฅ๐ซ๐๐๐๐ฒ ๐ฎ๐ง๐๐๐ซ๐ญ๐๐ข๐ง๐ญ๐ข๐๐ฌ-๐ฅ๐จ๐๐๐๐ ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐จ๐ซ๐ฌ
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ ๐ฏ๐จ๐ฅ๐๐ญ๐ข๐ฅ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (6/13) is expected to trade between 6,950pt โ 7,130pt ย to hold ground and supported by bargain hunters.
Wall Street Friday (6/10) ended with the DJIA closed lower ย by 880pt, or 2.7% to 31,393pt, while the S&P500 and the Nasdaq closed lower by 2.9% and 3.5%, respectively. The US eqity market responded on the countryโs May inflation data which is released at 8.6% YoY or way above that of consensus-estimate of 8.3% YoY.ย Ahead of the US central bank June FOMC meeting (6/15) investors seemed to factor in a negative impact of a 50bp hike this month (vs. the tradional 25bp increment). The US bonds market reacted also with sell-offย the after the release of hotter-than-expected inflation data which raised concern over a possible recession.
Friday last week ย the WTIย price closed lower by 0.8% to ย USD120.3/barrel, mainly of the US consumer prices that rose more than expectedย and also on the news that Shanghai and Beijing went back on Covid alert on Thursday. Meanwhile, the USDIDR closed ย at IDR14,569 vs. IDR14,555 ย the previous one.
Cheers,