The JCI May 21, 2024

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๐Œ๐š๐ฒ ๐Ÿ๐Ÿ, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’

  • ๐“๐ก๐ž ๐‰๐‚๐ˆ ๐ญ๐ซ๐š๐๐ข๐ง๐  ๐ซ๐š๐ง๐ ๐ž:๐Ÿ•,๐Ÿ๐ŸŽ๐ŸŽ – ๐Ÿ•,๐Ÿ‘๐Ÿ•๐ŸŽ ๐ฉ๐จ๐ข๐ง๐ญ๐ฌ (๐˜๐ž๐ฌ๐ญ๐ž๐ซ๐๐š๐ฒ ๐œ๐ฅ๐จ๐ฌ๐ž: ๐Ÿ•,๐Ÿ๐Ÿ”๐Ÿ• ๐ฉ๐จ๐ข๐ง๐ญ๐ฌ)
  • ๐–๐š๐ฅ๐ฅ ๐’๐ญ๐ซ๐ž๐ž๐ญ ๐ž๐ง๐๐ž๐ ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ž ๐ญ๐ž๐œ๐ก-๐ฐ๐ž๐ข๐ ๐ก๐ญ๐ž๐ ๐๐š๐ฌ๐๐š๐ช ๐‚๐จ๐ฆ๐ฉ๐จ๐ฌ๐ข๐ญ๐ž ๐œ๐ฅ๐จ๐ฌ๐ž๐ ๐ก๐ข๐ ๐ก๐ž๐ซ ๐š๐ญ ๐š ๐ซ๐ž๐œ๐จ๐ซ๐ ๐œ๐ฅ๐จ๐ฌ๐ž, ๐ฆ๐š๐ข๐ง๐ฅ๐ฒ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ž๐ ๐›๐ฒ ๐จ๐ฉ๐ญ๐ข๐ฆ๐ข๐ฌ๐ฆ๐ฌ ๐จ๐ง ๐vidia ๐Ÿ๐๐Ÿ๐Ÿ’ ๐ž๐š๐ซ๐ง๐ข๐ง๐ ๐ฌ ๐ซ๐ž๐ฅ๐ž๐š๐ฌ๐ž ๐จ๐ง ๐–๐ž๐๐ง๐ž๐ฌ๐๐š๐ฒ ๐š๐ฆ๐ข๐ ๐ญ๐ก๐ž ๐ซ๐ž๐ง๐ž๐ฐ๐ž๐ ๐ก๐จ๐ฉ๐ž ๐จ๐ง ๐ซ๐š๐ญ๐ž ๐œ๐ฎ๐ญ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ (๐”๐’)
  • ๐“๐ก๐ž ๐‰๐‚๐ˆ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐Ÿ๐ฅ๐ฎ๐œ๐ญ๐ฎ๐š๐ญ๐ž ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ž๐ ๐›๐ฒ ๐ฌ๐ญ๐š๐›๐ฅ๐ž ๐”๐’๐ƒ๐ˆ๐ƒ๐‘ ๐š๐ง๐ ๐จ๐ข๐ฅ-๐œ๐ฅ๐จ๐ฌ๐ž

Morning,

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The Jakarta Composite Index (JCI) today (5/21)  is expected to trade in the range of  7,200 โ€“ 7,370 points to attempt higher with the support of bargain hunters.

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Meanwhile, yesterday  (5/20) on Wall Street, the DJIA closed lower by 197 points or 0.49%  to  39,807 points. The S&P500 and the Nasdaq Composite closed higher by 0.09% and 0.65%, respectively.

The Nasdaq Composite notched a new intraday and closing high at 16,795 points, rising about 0.7%. The index was lifted by Nvidia, which rallied 2.5% as investors geared up for the artificial intelligence titanโ€™s Wednesday earnings report.

The yield of the 10-year  US  Treasury rose 3 basis points to 4.42%. The 2-year Treasury yield was higher by 2 basis points to 4.852%.

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Yesterday, the US West Texas Intermediate futures for June settlement, closed lower by 0.32%  at 79.8/barrel mainly supported by the supply-side aspect of the sector and the OPEC+ members’ upcoming output policy meeting on June 1. Meanwhile, the USDIDR closed at IDR15,980 vs. IDR15,978 previously.

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Cheers,

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