
The JCI January 31, 2022
๐๐๐ง๐ฎ๐๐ซ๐ฒ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐:๐,๐๐๐๐ฉ๐ญ -๐,๐๐๐๐ฉ๐ญย (๐ ๐ซ๐ข๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ฆ๐๐ฃ๐จ๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐๐๐ฌ ๐๐ฅ๐จ๐ฌ๐๐ ๐ก๐ข๐ ๐ก๐๐ซ ๐๐ฒ ๐ฌ๐จ๐ฆ๐ ๐%, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐จ๐ง ๐ ๐ ๐๐ง๐๐ซ๐๐ฅ ๐๐จ๐ง๐๐ข๐๐๐ง๐๐ ๐ญ๐ก๐๐ญ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐ก๐๐๐ฅ๐ญ๐ก๐ฒ ๐๐๐จ๐ง๐จ๐ฆ๐ข๐ ๐ซ๐๐๐จ๐ฏ๐๐ซ๐ฒ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฉ๐๐ง๐๐๐ฆ๐ข๐ ๐ฒ๐๐๐ซ ๐๐๐๐ ๐ข๐ฌ ๐ข๐ง๐ญ๐๐๐ญ
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ ๐๐ข๐ง ๐๐๐ ๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (1/31) is expected to trade between 6,620pt – 6,720pt ย to possibly be consistent in the green zone andย supported byย bargain hunters. ย Stable bond market Friday last week (1/28) both in Indonesia and in one of Advanced Economies (the US) ย also be expected to lend support. At the other end, upside of the JCI today may be limited by rising new cases of COVID-19 , expecially in the Jakarta city, of 17.7% positivity rate or the year-high in the last record.
Meanwhile, Wall Street on Friday last week ย ended with the DJIA closed higher by 565pt, or 1.7% to 34,726pt, while the S&P500 and the Nasdaq Composite both closed higher by 2.4% and 3.1%, respectively. The US equity market bounced back and seemed to gain trust on growth, also on the release of the countryโs December PCE data ย which is at 4.9% YoY, the highest since September 1983 and within the consensusโ estimate.
At the other end, Friday last week ย the WTI (March contract) price moved higher by 0.2% from to USD86.8/barrel, mainly on the expectation that major producers ย in the OPEC+ members, on a meeting this week, to keep current output level despite rising demand. ย ย Meanwhile, the USDIDR closed ย at IDR14,381 vs. IDR14,385 ย the previous one.
Cheers,