
The JCI January 28, 2022
๐๐๐ง๐ฎ๐๐ซ๐ฒ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญ (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ญ๐๐๐ก-๐ก๐๐๐ฏ๐ฒ ๐๐๐ฌ๐๐๐ช ๐๐จ๐ฆ๐ฉ๐จ๐ฌ๐ข๐ญ๐ ๐๐ฅ๐จ๐ฌ๐๐ ๐ฅ๐จ๐ฐ๐๐ซ ๐๐ฒ ๐.๐% ๐๐ฌ ๐ฆ๐จ๐ฌ๐ญ ๐ญ๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐๐จ๐ง๐ฌ๐ญ๐ข๐ญ๐ฎ๐๐ง๐ญ๐ฌ ๐๐ซ๐ ๐๐จ๐ง๐ฌ๐ข๐๐๐ซ๐๐ ๐ข๐ง ๐ ๐ฏ๐ฎ๐ฅ๐ง๐๐ซ๐๐๐ฅ๐ ๐ฌ๐ฉ๐จ๐ญ ๐๐จ๐ซ ๐๐ ๐ ๐ซ๐๐ฌ๐ฌ๐ข๐ฏ๐ ๐ญ๐ข๐ ๐ก๐ญ๐๐ง๐ข๐ง๐ ๐ฌ๐ญ๐๐ฉ๐ฌ ๐๐ฒ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐๐๐ง๐ญ๐ซ๐๐ฅ ๐๐๐ง๐ค
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (1/28) is expected to trade between 6,560pt – 6,650pt ย to attempt higher and ย be supported ย bargain hunters. ย ย ย The JCI today is expected to response on news stream concerning COVID-19 development in Indonesia which is currently slightly worsening. The positivity rate of new cases in the capital Jakarta city, recorded at 13.9%, the year-high. The JCI today ย is expected to be supported by stable uptrending commodity prices that will create multiplier effect to other sectors.ย Yesterday (1/27), transportation & logistics, and energy counters were the highest performing sectors in the JCI, at 2.1%, and 1.4%, respectively.
Meanwhile,ย Wall Street yesterdayย ended with the DJIA closed lower by 7pt, or 0.02% to 34,161pt, while the S&P500 and the Nasdaq Composite both closed lower by 0.5% and 1.4%, respectively. The US 10-year Treasury yields fell by 4bp yesterday to 1.81% as investors also digested a stronger-than-expected ย US 4Q21 GDP ย data, at 6.9% YoY as compared to the estimate of 5.5% YoY.
At the other end, yesterday ย the WTI (March contract) price moved higher by 0.4% from the previous close to USD87.0/barrel in the evening, ย also on higher USD index following the announcement of tightening of monetary policies in the country. ย ย Meanwhile, the USDIDR closed ย at IDR14,385 ย vs. IDR14,358 ย the previous one.
Cheers,