D’ORIGIN Advisory, Louisa Rahardjo and Veni Fitriani – Indonesian stocks extended gains after strong forex reserves data overnight along with its currency and foreign inflows continued while investors look ahead current account data due tomorrow.
Jakarta composite added 36.92 points (+0.622%) to 5,976.806 with LQ45 rose 0.78% at 955.361. Trading volume were 9.739 billion shares worth of Rp9.272 trillion including transaction of Rp1.802 trillion in negotiation market. Foreign investors purchased a net Rp790.11 billion in regular market. 244 shares rose, while 179 declined, 126 unchanged and 126 untraded.
Bank Indonesia reported on Wednesday foreign exchange reserves rose significantly, around $400 million to $115.2 billion at the end of October 2018 from $114.8 billion. The position of foreign exchange reserves at the end of October 2018 is equivalent to financing 6.4 months of imports or 6.2 months of imports and payment of government foreign debt, and is above the international adequacy standard of around three months of imports.
According to JISDOR, the currency rose 113 points (+0.77%) to 14,651, while Spot rate rose 40 points (+0.2744%) at 14,535.00 against the USD.
Rally in Asian and European markets continued on Thursday following U.S. midterm elections .
China’s trade surplus narrowed to USD 34.01 billion in October of 2018 from USD 36.89 billion in the same month a year earlier and slightly below market consensus of USD 35 billion. Year-on-year, imports jumped 21.4% to USD 131.83 billion, easily beating market expectations of 14% percent and following a 14.3% growth in a month earlier, while exports increased at a slower 15.6% to USD 159.72 billion, after a 14.5% rise in August. Figure was above market consensus of 11%, despite the ongoing trade conflict with the U.S.
In Europe the union will publish its autumn economic forecasts on Thursday morning, followed by the International Monetary Fund publishing their economic outlook for Europe.
The German trade surplus decreased to EUR 18.4 billion in September 2018 from EUR 24.2 billion in the same month a year earlier, as imports rose by 5.3% to EUR 90.7 billion, while exports fell 1.2% to EUR 109.1 billion.
Meanwhile, the French trade deficit widened sharply to EUR 5.6 billion in August 2018 from a revised 3.4 billion in the previous month and way above market consensus of a EUR 4.5 billion gap. Imports jumped 4.9% to a near-record of EUR 47.0 billion while exports were almost unchanged at EUR 41.3 billion.
Oil prices climbed despite U.S. crude output hit a record 11.6 million bpd in the week ending Nov. 2, according to Energy Information Administration data released on Wednesday. Brent crude added 62 cents (+0.86%) to $72.69 per barrel while U.S. West Texas Intermediate crude futures added 46 cents (+0.75%) to $62.13per barrel.
STOXX.. 3,260.55 (+0.44%)
CAC 40.. 5,162.34 (+0.47%)
DAX.. 11,635.60 (+0.49%)
FTSE.. 7,145.49 (+0.40%)
NIKKEI.. 22,486.92 (+1.82%)
SHCOMP.. 2,635.63 (-0.22%)
HSI.. 26,227.72 (+0.31%)
TAIEX.. 9,945.31 (+0.37%)
KOSPI.. 2,092.63 (+0.67%)
S&P/ASX 200.. 5,928.23 (+0.53%)
STI.. 3,088.05 (+0.74%)
DOW FUT.. 26,169.00 (-0.05%)
S&P FUT.. 2,812.50 (-0.14%)
NASDAQ FUT.. 7,208.25 (-0.14%)
2nd SESSION JCI
JCI @5976.81 (+36.920pts) (+0.622%)
(H: 5996.84 ; L: 5949.52)
(Value: 9.272 T (NG 1.802 T)
Volume: 97.386 Lot (NG 23.790 Lot)
(Adv.244 ; Decl.179 ; Unchg.126 shares)
Foreign Nett Buy 1,101.40 B…!!!
Foreign Value 36.7%
Incl.Crossing**
– BBRI @3383 ~ 337.53 B (F vs F)
– GOOD @1285 ~ 284.68 B (F vs D)
– BMRI @7384 ~ 150.34 B (D vs F)
LQ45…955.36(+0.79%)
*BUY (Regular)
F Buy 2940.0 B
D Buy 4530.5 B
*SELL (Reguler)
F Sell 2149.9 B
D Sell 5320.6 B
USD/IDR:
JISDOR: 14,764 ; 14,651
SPOT: 14,580 ; 14,535
JCI for tomorrow:
Support: 5940, 5900
Resist: 6000, 6045
6 MARKETs DRIVEN BY SECTOR
FINANCE (+0.94%) (3.01 T)
MANUFACTUR (+0.20%) (2.12 T)
CONSUMER (+0.18%) (1.10 T)
INFRASTRUC (+0.64%) (909.13 B)
MINING (+0.53%) (751.18 B)
PROPERTY (+0.27%) (716.00 B)
6 TOP GAINERs
SSTM @444 (+24.72%)
EPMT @2240 (+24.44%)
SOSS @640 (+24.27%)
TELE @835 (+22.79%)
TMPO @183 (+22.00%)
PUDP @484 (+16.91%)
6 TOP LOSERs
SATU @160 (-20.00%)
TIRA @150 (-11.76%)
TRIO @175 (-10.71%)
CLPI @715 (-10.06%)
JMAS @940 (-9.18%)
TCPI @5250 (-7.89%)
7 NET BUY STOCKs BY FOREIGNERS
BBRI @3443 (297.53 B)
TLKM @3980 (116.48 B)
BBNI @7988 (115.54 B)
BMRI @7464 (80.78 B)
UNTR @34695 (77.30 B)
HMSP @3780 (44.05 B)
ASII @8247 (42.21 B)
7 NET SELL STOCKs BY FOREIGNERS
BBCA @24066 (51.69 B)
ADRO @1611 (49.53 B)
ITMG @23869 (30.59 B)
INKP @11381 (25.20 B)
CPIN @5307 (17.66 B)
PNLF @265 (14.73 B)
BUMI @183 (12.82 B)
8 MOST ACTIVE STOCKs BY VALUE
BBRI @3450 (+2.37%)
BMRI @7500 (+2.04%)
BBCA @24000 (-0.41%)
ASII @8200 (-0.30%)
BBNI @7900 (+1.28%)
TLKM @4000 (+1.27%)
ERAA @1770 (+8.92%)
UNTR @34750 (+2.28%)
8 MOST ACTIVE STOCKs BY VOLUME
MYRX @125 (7.339.083 lot)
BUMI @190 (6.310.827 lot)
RIMO @165 (5.050.213 lot
TRAM @202 (3.565.958 lot)
IIKP @238 (2.761.646 lot)
MABA @380 (2.328.131 lot)
BBRI @3450 (2.002.475 lot)
BKSL @108 (1.640.065 lot)