Daily Report | 24 Jan 2022
The JCI has the opportunity to test a new high with a projected range of 6,700-6,820.
Mixed SUN Market Amid RDG Results
The yield on the benchmark 20-year FR0092 closed at 6.99%. Furthermore, market players are also keeping a close eye on the direction of BI’s monetary policy going forward.
Daily Report | 21 Jan 2022
The benchmark index still has a limited chance to rally with a projected range of movement at 6,600 – 6,700.
Investors Interested in Attractive Yield FR0092
The benchmark 20-year government bonds (SUN) recorded another 1bps decrease in yield. Compared to other benchmark series, which recorded an increase in yield between 1.7 bps to 2.5 bps.
Daily Report | 20 Jan 2022
From the domestic market, the JCI weakened for the third day in a row; with a correction of 0.33% yesterday to the level of 6,591.
Investors Interested in Attractive Yield FR0092
The 20-year benchmark FR0092 recorded bids of up to IDR 15.18 trillion, or up to 18% of the total incoming bids of IDR 84.84 trillion in the SUN auction Tuesday (18/01).
Daily Report | 19 Jan 2022
Pressure on JCI continued with a correction of 0.47% yesterday; although the decline managed to be minimized by the end of the session.
SUN Market Mixed Amid Economic Data Release
The release of China’s economic data showed Gross Domestic Product (GDP) growth of 4% in 4Q21, or 8.1% throughout 2021.
Daily Report | 18 Jan 2022
A thinning trade balance surplus in December 2021, as well as a potential 3rd wave of Covid-19; are some of the sentiments that surround the stock market.
