JCI slightly higher. Traders focus on central banks
• Indonesian stocks climbed slightly Monday morning with investors focus on Bank Indonesia rates decision later this week.
• Most Asian and European stock markets fell on Monday as investors U.S. Federal Reserve meeting and other central banks later this week.
• The People’s Bank of China cut a repo rate on Monday, and also increased cash injections into the economy as it sought to boost growth that was severely dented by COVID-related lockdowns.
Indonesian stocks climbed on Monday despite extended losses in global markets with investors focus on Bank Indonesia rates decision later this week.
Jakarta composite added 26.618 points (+0.371%) to 7,195.488 while LQ45 rose 0.86% to 1,024.73. There were 32.489 billion shares traded worth of Rp15.549 trillion, including transaction of Rp1.983 trillion in negotiation market. 208 shares rose while 354 declined and 142 unchanged.
According to JISDOR Monday afternoon, rupiah declined 42 points (-0.27%) to 14,980 while spot rate weakened 25 points (-0.17%) at 14,975. The dollar took a bullish turn on Monday as investors braced for a packed week of central bank meetings that are certain to see borrowing costs rise across the globe, with some risk of a super-sized hike in the United States.
On corporate news, Buma Australia Pty Ltd, a subsidiary of BUMA, has secured an extension of a mining contract worth AUD 400 million from BJP and Mitsubishi Alliance.
Global markets
Most Asian and European stock markets fell on Monday as investors U.S. Federal Reserve meeting and other central banks later this week.
Japan’s market was closed for a holiday Monday while the U.K.’s FTSE 100 is closed Monday to mark the funeral of Queen Elizabeth II
In an interview with CBS Sunday, President Joe Biden declared the Covid-19 pandemic is over and said Americans would gain control of inflation.
The People’s Bank of China cut a repo rate on Monday, and also increased cash injections into the economy as it sought to boost growth that was severely dented by COVID-related lockdowns.
Thursday will be a busy day, with the Swiss National Bank, the Bank of Japan, and Norway’s central bank also holding policy-setting meetings.
Commodity markets
Oil prices turned sharply lower after gaining more than 1% in early trade amid supply concerns ahead of the European Union embargo on Russian oil in December and the lifting of COVID lockdowns in a major Chinese city boosted optimism over an eventual demand recovery in the world’s largest crude importer.
China has started easing COVID curbs in Chengdu, a southwestern city of more than 21 million people, which has helped to soothe concerns about demand in the world’s No. 2 energy consumer. China’s gasoline and diesel exports also rebounded, easing high local inventories, after Beijing issued fresh quotas.
European natural gas futures fell again to their lowest level in almost two months as nations intensify efforts to ease the energy crisis with the start of the heating season less than two weeks away.
Gold prices slipped along with other precious metals as investors braced for aggressive rate hikes by major central banks this week, especially from the U.S. Federal Reserve, to tame high inflation.
Major index this afternoon:
STOXX 50.. 3,470.33 (-0.86%)
CAC 40.. 6,008.65 (-1.13%)
DAX.. 12,674.46 (-0.52%)
HSI.. 18,557.01 (-1.09%)
SHCOMP.. 3,115.60 (-0.35%)
TAIEX.. 14,425.68 (-0.93%)
KOSPI.. 2,355.66 (-1.14%)
S&P/ASX 200.. 6,719.90 (-0.28%)
SENSEX.. 59,047.97 (+0.35%)
STI.. 3,255.66 (-0.39%)
DOW FUT.. 30,734.00 (-0.61%)
S&P FUT.. 3,864.50 (-0.66%)
NASDAQ FUT.. 11,836.75 (-0.81%)
Crude Oil WTI.. 83.59 (-1.38%)
Brent Oil.. 90.35 (-1.09%)
Natural Gas.. 7.66 (-1.33%)
Gold.. 1,670.50 (-0.77%)
Silver.. 19.34 (-0.2%)
Copper.. 3.50 (-0.57%)
Nickel.. 23,890.50 (-2.07%)
JCI @ 7195.49 (+26.618 pts) (+0.371%)
(H: 7231.42 ; L: 7151.62)
(Value: 15.330 T (NG 1.938 T)
Volume: 270.426 Lot (NG 22.547 Lot)
(Adv. 208; Decl. 354; Unchg. 142 shares)
Incl.Crossing**
BBCA @ 8561 ~ 367.62 B
SMMA @ 10054 ~ 336.49 B
CLEO @ 450 ~ 276.62 B
MSIN @ 5114 ~ 196.43 B
BOGA @ 1245 ~ 107.07 B
BMRI @ 9129 ~ 103.55 B
IDXHIDIV20…574.74 (+1.11%)
IDX30…542.09 (+0.85%)
IDX80…144.57 (+0.62%)
LQ45…1024.73 (+0.86%)
USD/IDR:
JISDOR: 14,950; 14,980
SPOT: 14,939 ; 14,975
JCI for tomorrow:
Support : 7170 ; 7150
Resist :7230 ; 7250
8 MARKETs DRIVEN BY SECTOR
IDXBASIC (-0.64%) (1.91 T)
IDXENERGY (-1.83%) (3.99 T)
IDXFINANCE (+0.28%) (4.01 T)
IDXHEALTH (+1.22%) (561.03 B)
IDXINDUST (-0.01%) (719.85 B)
IDXINFRA (+0.31%) (1.19 T)
IDXPROPERT (+0.05%) (333.45 B)
IDXTECHNO (-1.82%) (567.82 B)
7 INDEX MOVER FOR LQ45
BBCA @ 8650 (+2.37%)
BBRI @ 4570 (+1.56%)
GOTO @ 242 (-2.42%)
TLKM @ 4500 (+2.04%)
BMRI @ 9225 (+1.37%)
ASII @ 7125 (+3.26%)
TPIA @ 2480 (+0.40%)
7 TOP GAINERs
LEAD @ 87 (+29.85%)
POLA @ 111 (+26.14%)
ARII @ 482 (+24.87%)
SUPR @ 47950 (+18.98%)
SEMA @ 210 (+14.75%)
WINS @ 252 (+14.55%)
SLIS @ 276 (+14.05%)
7 TOP LOSERs
AMMS @ 186 (-9.71%)
FIMP @ 56 (-9.68%)
SATU @ 93 (-7.00%)
BBHI @ 2660 (-6.99%)
MREI @ 4540 (-6.97%)
PICO @ 348 (-6.95%)
DEWA @ 67 (-6.94%)
8 MOST ACTIVE STOCKs BY VALUE
BUMI @ 168 (-6.67%)
BBCA @ 8650 (+2.37%)
BMRI @ 9225 (+1.37%)
BBRI @ 4570 (+1.56%)
TLKM @ 4500 (+2.04%)
ADRO @ 3910 (-0.51%)
MDKA @ 4170 (-1.18%)
ASII @ 7125 (+3.26%)
8 MOST ACTIVE STOCKs BY VOLUME
BUMI @ 168 (69,950,160 Lot)
BIPI @ 165 (12,489,813 Lot)
GOTO @ 242 (11,803,907 Lot)
BKSL @ 58 (9,405,686 Lot)
BRMS @ 192 (5,226,397 Lot)
KKES @ 189 (5,159,897 Lot)
FREN @ 82 (5,141,191 Lot)
DEWA @ 67 (4,684,815 Lot)