๐๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญ (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ก๐ข๐ ๐ก๐๐ซ ๐๐ฒ ๐ฌ๐จ๐ฆ๐ ๐.๐%, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐๐๐ญ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐ฐ๐๐๐ค๐ฅ๐ฒ ๐ข๐ง๐ข๐ญ๐ข๐๐ฅ ๐๐ฅ๐๐ข๐ฆ๐ฌ ๐จ๐ ๐ฎ๐ง๐๐ฆ๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐๐ง๐ญ ๐๐๐ง๐๐๐ข๐ญ๐ฌ, ๐๐ญ ๐ญ๐ก๐ ๐ฐ๐ข๐๐๐ฅ๐ฒ-๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ฅ๐๐ฏ๐๐ฅ ๐จ๐ ๐๐๐๐ค ๐ฎ๐ง๐ข๐ญ๐ฌ
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ ๐๐ข๐ง ๐๐๐ ๐ ๐๐ฒ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐จ๐ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (8/6) is expected to trade between 6,175pt – 6,315pt likely to gain edge and be supported by bargain hunters. Meanwhile, yesterday (8/5) Wall Street ended with the DJIA closed higher by 272 points or 0.8% to 35,064pt, while the S&P500 and the Nasdaq ย closed higher by 0.6% and 0.8%, ย respectively.
Indonesia 2Q21 GDP figure came in at 7.07% YoY (1Q21:-0.71% YoY, 2020: -2.07% YoY), which is at the high-end of consensusโ estimate of 5% YoY โ 7.7% YoY.ย Overall 2Q21 figures, by sectoral and by expenditures, indicate a general successful 2Q take-off for the country to recover this year. During the 2Q21, private consumptions grew by 5.9% YoY vs.-2.2% YoY in the 1Q21, and accounted the most for source of 2Q21 growth at 3.17ppt.ย The second most contributing is Investment, ย grew by 7.5% YoY in the 2Q21 vs. -0.23% YoY in the 1Q21, which accounted to 2.3ppt to total 2Q21ย growth in the economy.
Meanwhile, Transportation and Logistics sector enjoyed the base-effect in the 2Q21, to grow by 25.1% YoY as compared to -13.12% YoY in the 1Q21. So is the Accomodation and Food & Beverages sector, increases at 21.6% YoY in the 2Q21 vs. -7.3% YoY in the 1Q21. At present, the full year consensus estimate of the countryโs GDP growth is at 3.8% factoring in urgent lockdown that started on July 3. The JCI may have absorbed the slower growth rate of the economy and hence created ย many bargain counters that are worth of stakeholdersโ consideration.
At the other end, yesterday the WTI price closed higher by 1.4% to USD69.1/barrel , mainly on supply worries as geopolitic risks, this time around mostly between Israel and Iran, heightened. ย Meanwhile, the USDIDR ย closed ย at IDR14,342 ย vs. IDR14,324 ย the previous one.
We advise the following recommendations, for both trading and longer-time investment purpose. ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐จ๐ณ๐ช, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ฏ๐ฅ๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต ), ๐๐๐๐, ๐๐๐๐, ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ฐ๐ข๐ญ ๐๐ช๐ฏ๐ช๐ฏ๐จ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐ฌ๐ฆ๐ต-๐ธ๐ฆ๐ช๐จ๐ฉ๐ต), ๐๐๐๐, ๐๐๐๐, ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ฐ๐ฏ๐ด๐ถ๐ฎ๐ฆ๐ณ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ท๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต ), ๐๐ง๐ ๐๐๐๐, ๐๐๐๐, ๐๐๐๐,๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ณ๐ข๐ฅ๐ฆ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ท๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต),๐๐ง๐ ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ข๐ด๐ช๐ค ๐๐ฏ๐ฅ๐ถ๐ด๐ต๐ณ๐บ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐ฌ๐ฆ๐ต-๐ธ๐ฆ๐ช๐จ๐ฉ๐ต).
Cheers,