The JCI December 28, 2020
๐๐๐๐๐ฆ๐๐๐ซ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญย ( ๐๐๐๐ง๐๐ฌ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐ฐ๐๐ฌ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐๐ฒ ๐ฌ๐จ๐ฆ๐ ๐% ๐ก๐ข๐ ๐ก๐๐ซ ๐๐ฎ๐ซ๐ข๐ง๐ ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ก๐จ๐ฅ๐ข๐๐๐ฒ๐ฌ ๐จ๐ง ๐ฉ๐ซ๐จ๐ ๐ซ๐๐ฌ๐ฌ ๐จ๐ ๐๐๐๐๐-๐๐ ๐ฏ๐๐๐๐ข๐ง๐๐ฌ ๐๐๐ฆ๐ข๐ง๐ข๐ฌ๐ญ๐๐ซ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐), ๐๐ฌ ๐ฐ๐๐ฅ๐ฅ ๐๐ฌ ๐ญ๐ก๐ ๐ฌ๐๐๐ฅ ๐จ๐ “๐ณ๐๐ซ๐จ ๐ญ๐๐ซ๐ข๐๐-๐ณ๐๐ซ๐จ๐ช๐ฎ๐จ๐ญ๐” ๐ญ๐ซ๐๐๐ ๐๐๐๐ฅ ๐๐๐ญ๐ฐ๐๐๐ง ๐ญ๐ก๐ ๐๐ฎ๐ซ๐จ๐ฉ๐๐๐ง ๐๐ง๐ข๐จ๐ง (๐๐)๐๐ง๐ ๐๐ซ๐ข๐ญ๐๐ข๐ง (๐๐) ๐๐๐๐๐๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐ซ๐ฒ
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ ๐๐ข๐ง ๐๐๐ ๐ ๐๐ฅ๐ฌ๐จ ๐จ๐ง ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ ๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (12/28) is expected to be in the range of 5,950pt โ 6,150pt, expected to gain edge but upside target maybe restrained by domestic unfavorable news during the weekend on rising COVID-19 new cases. Meanwhile, Thursday last week ย (12/24), the DJIA closed higher by 70 points or 0.2% to 30,200pt, while the S&P500 and the Nasdaq both ended higher by 0.4% and 0.3%
๐๐๐ญ๐๐ฌ๐ญ ๐ง๐๐ฐ๐ฌ ๐จ๐ง ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐๐๐-๐๐ ๐ง๐๐ฐ ๐๐๐ฌ๐๐ฌ
Major domestic medias reported ย concerning ย pandemic COVID-19 condition in Indonesia, in -terms of daily new cases, death rates, and availability of hospital facilities including hospital beds and that of Intensive Care Units equipment. ย In capital city Jakarta, the last 7 day-average of Positivity Rates pointed to 12.4% , or higher compared to 10.8%, and 9% in the preceeding weeks.ย Current PSBB Transisi in Jakarta (transitional large-scale social restriciton) will be reviewed in January 4 next year.ย At the latest development, a more restricted PSBB might be re-implemented, according to Jakartaโs governor Anies Baswedan. ย A re-implementation of a stricter PSBB is estimated to disrupt a V-recovery of the domestic economy as well as businesses performances.
Until then, stakeholders should not factored in exassgerately as vaccination program is expected to contribute its share.
At the other end, last week the WTI price closed higher by ย 0.2% against the previous close to USD48.2/barrel as Britain and the European Union had signed a post-Brexit trade deal. Meanwhile, the USDIDR ย closedย at IDR14.282 ย vs. IDR14.289 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 (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ฐ๐ฏ๐ด๐ถ๐ฎ๐ฆ๐ณ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ท๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต ), ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ถ๐ต๐ฐ๐ฎ๐ข๐ต๐ช๐ท๐ฆ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐ฌ๐ฆ๐ต-๐ธ๐ฆ๐ช๐จ๐ฉ๐ต), ๐๐ง๐ ๐๐๐๐, ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ณ๐ข๐ฅ๐ฆ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ท๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต),๐๐ง๐ ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ข๐ด๐ช๐ค ๐๐ฏ๐ฅ๐ถ๐ด๐ต๐ณ๐บ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐ฌ๐ฆ๐ต-๐ธ๐ฆ๐ช๐จ๐ฉ๐ต).
Cheers,