The JCI May 2, 2024
.
𝐌𝐚𝐲 𝟐, 𝟐𝟎𝟐𝟒
.
- 𝐓𝐡𝐞 𝐉𝐂𝐈 𝐭𝐫𝐚𝐝𝐢𝐧𝐠 𝐫𝐚𝐧𝐠𝐞: 𝟕,𝟏𝟔𝟎 – 𝟕,𝟑𝟎𝟎 𝐩𝐨𝐢𝐧𝐭𝐬 (𝐓𝐮𝐞𝐬𝐝𝐚𝐲 𝐜𝐥𝐨𝐬𝐞: 𝟕,𝟐𝟑𝟒 𝐩𝐨𝐢𝐧𝐭𝐬)
- 𝐖𝐚𝐥𝐥 𝐒𝐭𝐫𝐞𝐞𝐭 𝐞𝐧𝐝𝐞𝐝 𝐰𝐢𝐭𝐡 𝐦𝐚𝐣𝐨𝐫 𝐞𝐪𝐮𝐢𝐭𝐲 𝐢𝐧𝐝𝐞𝐱𝐞𝐬 𝐜𝐥𝐨𝐬𝐞𝐝 𝐥𝐨𝐰𝐞𝐫 𝐛𝐲 𝐚𝐫𝐨𝐮𝐧𝐝 𝟎.𝟐%, 𝐦𝐚𝐢𝐧𝐥𝐲 𝐬𝐮𝐩𝐩𝐨𝐫𝐭𝐞𝐝 𝐛𝐲 𝐭𝐡𝐞 𝐅𝐞𝐝𝐞𝐫𝐚𝐥 𝐑𝐞𝐬𝐞𝐫𝐯𝐞’𝐬 plan 𝐭𝐨 𝐞𝐚𝐬𝐞 𝐛𝐚𝐜𝐤 𝐢𝐭𝐬 𝐪𝐮𝐚𝐧𝐭𝐢𝐭𝐚𝐭𝐢𝐯𝐞 𝐭𝐢𝐠𝐡𝐭𝐞𝐧𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬 (𝐔𝐒)
- 𝐓𝐡𝐞 𝐉𝐂𝐈 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐟𝐥𝐮𝐜𝐭𝐮𝐚𝐭𝐞 𝐬𝐮𝐩𝐩𝐨𝐫𝐭𝐞𝐝 𝐛𝐲 𝐬𝐭𝐚𝐛𝐥𝐞 𝐔𝐒𝐃𝐈𝐃𝐑 𝐚𝐧𝐝 𝐨𝐢𝐥-𝐜𝐥𝐨𝐬𝐞
.
Morning,
.
.
The Jakarta Composite Index (JCI) today (5/2) is expected to trade in the range of 7,160 – 7,300 points to attempt higher with the support of bargain hunters.
.
.
Meanwhile, yesterday (5/1) on Wall Street, the DJIA closed higher by 87 points or 0.23% to 37,903 points. The S&P500 and the Nasdaq Composite closed lower by 0.34% and 0.33%, respectively.
The yield of the 10-year US Treasury slipped 5 basis points to 4.632%. The 2-year Treasury yield lost 9 basis points to 4.96%.
.
Yesterday, the US West Texas Intermediate futures for June settlement, closed lower by 3.58% at USD79.00/barrel, mainly triggered by the latest supply data of crude oil supply in the US Meanwhile, the USDIDR closed at IDR16,276 vs. IDR16,249.
.
Cheers,