๐๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญ (๐ ๐ซ๐ข๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐:๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐จ๐ญ๐ก ๐ญ๐ก๐ ๐๐๐๐ ๐๐ง๐ ๐ญ๐ก๐ ๐&๐๐๐๐ ๐๐ ๐๐ข๐ง ๐ก๐ข๐ญ ๐ซ๐๐๐จ๐ซ๐ ๐๐ฅ๐จ๐ฌ๐๐ฌ ๐๐ญ ๐๐,๐๐๐๐ฉ๐ญ ๐๐ง๐ ๐,๐๐๐๐ฉ๐ญ ๐ซ๐๐ฌ๐ฉ๐๐๐ญ๐ข๐ฏ๐๐ฅ๐ฒ, ๐จ๐ง ๐๐๐ญ๐ญ๐๐ซ-๐ญ๐ก๐๐ง-๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐๐ฎ๐ฅ๐ฒ’๐ฌ ๐ฃ๐จ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐)
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ก๐จ๐ฏ๐๐ซ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐ฏ๐๐ฅ๐ฒ ๐จ๐ง ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (8/9) is expected to trade between 6,150pt – 6,315pt likely to gain edge and be supported by bargain hunters. Meanwhile, Friday last week (8/6) Wall Street ended with the DJIA closed higher by 144 points or 0.4% to 35,209pt, while the S&P500 and the Nasdaq ย closed higher by 0.2% and lower by 0.4%, ย respectively.
The US Labor Department reported data of addition 943k unit nonfarm payrolls for July vs. 845k units economistsโ estimate.ย In addition the US unemployment rate for the month of July is recorded at 5.4% YoY (June: 5.9% YoY ) or better-than-expected of 5.7% YoY. Stakeholders are in monitor of a possible sooner-than- expected QE tapering schedule from the central bank, as several Fed officials are scheduled forย speaking appearances this week.
The higher recovery rate discrepancy this year between Indonesia and other advanced economies the more of possible unfavorable impacts domestically, we reckon. However, at the current level and in the very short term the JCI seems to be strongly be supported by the currently improving COVID-19 pandemic management, stable IDR currency values, and annual higher level of main commodity price, to name severals. The second term of urgent lockdown for Java and Bali ends today, and ย more relaxation measures means favor to the JCI.ย The central government is expected to annouce the decision this morning.
At the other end, last week the WTI price closed lower by 1.2% to USD68.3/barrel , also on the stronger US dollar along with the higher-than-estimated Julyโs job gain in the US.ย ย ย Meanwhile, the USDIDR ย closed ย at IDR14,369 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,