๐๐๐ง๐ฎ๐๐ซ๐ฒ ๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญ (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ )
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ฅ๐จ๐ฌ๐๐ ๐ฅ๐จ๐ฐ๐๐ซ ๐๐ฒ ๐ฌ๐จ๐ฆ๐ ๐.๐% ๐จ๐ง ๐ญ๐ก๐ ๐ฃ๐ฎ๐ง๐๐ญ๐ฎ๐ซ๐ ๐จ๐ ๐ฐ๐ก๐๐ญ๐ก๐๐ซ ๐ญ๐ก๐ ๐๐๐ฉ๐ฎ๐๐ฅ๐ข๐๐๐ง๐ฌ ๐๐๐ง ๐ก๐จ๐ฅ๐ ๐จ๐ง ๐ญ๐จ ๐๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ง๐๐ญ๐ ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ฎ๐๐ฌ๐๐๐ฒโ๐ฌ ๐๐๐จ๐ซ๐ ๐ข๐ ๐ซ๐ฎ๐ง๐จ๐๐ ๐๐ฅ๐๐๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐๐๐ข๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (1/5) is expected to be in the range of 6,025pt โ 6,175pt, to fluctuate and to be propped-up also by sign of improving economic climate. Meanwhile, yesterday ย (1/4), the DJIA closed lower by 383 points or 1.3% to 30,224pt, while the S&P500 and the Nasdaq both ended lower ย by 1.5%.
๐๐๐ญ๐๐ฌ๐ญย ๐๐ง๐๐จ๐ง๐๐ฌ๐ข๐ ๐๐๐ ๐ข๐ง๐๐ซ๐๐ฆ๐๐ง๐ญ ๐ฉ๐จ๐ข๐ง๐ญ๐๐ ๐ญ๐จ ๐ ๐๐๐ฎ๐ญ๐ข๐จ๐ฎ๐ฌ-๐จ๐ฉ๐ญ๐ข๐ฆ๐ข๐ฌ๐ญ๐ข๐ ๐ฏ๐ข๐๐ฐ ๐ข๐ง-๐ญ๐๐๐ญ
Indonesia Consumer Price Index (CPI) indicator last year pointed to an increase of 1.68% YoY (2019:2.72% YoY, 2018:3.13% YoY), the lowest in the least of 5 (five) years.ย However, on a month-to-month (MoM) basis, the December CPI rates increased by 0.45% (November:0.28% , October: 0.07%). The biggest contributor of the last monthโs CPI is the Raw Food, Beverages, and Tobbaco ofย 0.38ppt (November:0.22ppt, October:0.07ppt) . The next one is from Transportation of 0.06ppt (November: 0.04ppt, October: -0.02ppt), and the third biggest contributor is from Prepared Food and Beverages/Restorant ofย 0.02ppt (November: 0.01ppt, October:0.02ppt).
Decemberโs CPI figure and trend is indicating improving consumersโ confidence from the previous months, along with general optimism also to regard the prospect of successful COVID-19 vaccines administering.
At the highlight, a stable line of growth can be seen on a new capture of consumption sub-indicator introduced early last year, ย of โPerawatan Pribadi, dan Jasa Lainnyaโ account ( Private Services, and Others). This sub-line has been designed to factor-in the latest trend of consumers consumption activities, especially on the on-line platforms, and to represent purchase of ย goods and services by majority consumers. On the month December last year the account pointed to annual inflation rate growth of 5.8% (November: 6.21, October: 6.62, September: 6.97), which have shown relatively high and relatively stable figures, in our note. ย By items included in the sub-line, such as, cellular phone, handycams, ย photostudio, stakeholders may use the line as a gauge to the middle-class category of consumption measure sign, we note.
The end of last year marked with higher increase of world major commoditiesโ price such as thermal coal (+20% YoY), ย palm oil (+28% YoY), gold (+21% YoY) , nickel (+19% YoY).ย The trend should have added another significant factor to have triggered consumersโ ย confidence to consume more,ย and has been reflected in the Decemberโs CPI rate.
At the other end, yesterday ย the WTI price closed lower by ย 1.9% to USD47.6/barrel against the previous close, mainly ย on OPEC+ members ย indecesion during yesterday meeting ย of ย whether or not to increase output in February. The oil exporting countries and allies organization will meet again today. ย Meanwhile, the USDIDR ย closedย at IDR13.903 ย vs. IDR14.105 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,