Perseroan yang bergerak di bidang pertambangan batubara dan kegiatan pertambangan lainnya. Perseroan ini mengoperasikan pertambangan batu bara melalui anak usahanya, PT Dayak Membangun Pratama.
ICE Newcastle back to above USD400/Ton, the energy sector strengthens the past week. Last week’s strengthening of the JCI was also a positive response to the sloping of US Consumer and Producer level inflation, which may potentially ease the Fed’s Hawkish stance.
SUN market was mixed at the weekend, amidst a positive response to the sloping of US Consumer and Producer level inflation, which may potentially ease the Fed’s Hawkish stance.
1-Year inflation expectations drop to 5%, Dow Jones gains more than 400 points. The data show the U. of Mich. 1Y Inflation Preliminary Aug. is down to 5.0% (Vs. Jul. 5.2%).
Yield FR0091 is below 7%. Investors responded positively to the August BI 7DRRR survey, which remained at 3.50%.
Producer level deflation confirms that Consumer level inflation has reached its peak. US Final Demand PPI July MoM posted -0.5% deflation (Vs. Jun. +1.0%), as Headline CPI eased to 8.5% (Vs. Jun. 9.1) over the same period.
SUN Market Mixed Ahead of US Inflation Data. Market participants focus on positive domestic economic data, in line with the absence of the August FOMC Meeting, making investors focus on positive domestic economic data.
Headline inflation slopes, as fuel costs fall 20%. Both Headline CPI and US Core CPI July YoY sloped to 8.5% (Vs. Jun. 9.1%) and 5.9% (Vs. Jun. 5.9%), potentially easing the Fed’s Hawkish stance.
Government Wins IDR 10.6 Trillion Sukuk Auction. Investors are again interested in Sukuk auction, record entry bid of IDR 30.8 Trillion.
