Daily Report | 8 Nov 2021
Entering the new week, the benchmark index has a limited opportunity to strengthen with a projected range of movement at 6,550-6,680.
Entering the new week, the benchmark index has a limited opportunity to strengthen with a projected range of movement at 6,550-6,680.
Berdasarkan data Bloomberg, yield UST10Y turun hampir 8bps ke level 1,52% kemarin, dari sehari sebelumnya di level 1,60%.
Towards the end of the week, JCI’s pace of movement has the potential to be overshadowed by profit-taking with an estimated range of 6,500-6,627.
Pelaku pasar juga menantikan rilis data Gross Domestic Product (GDP) Indonesia hari Jumat besok.
Technically, JCI has the potential to consolidate within the range of movement of 6,480-6,574.
In this auction, PBS029 became the series that attracted the most investors with the number of incoming bids up to IDR 14.4 trillion.
For today, the movement of the benchmark index may still potentially be under pressure with a projected range of movement at 6,450-6,590.
The long tenor yield FR0083 was stable below the psychological 7% level, as market sentiment worsened and sparked buying of safe-haven assets.
Today JCI has the opportunity to continue declining with a range of movement at 6,500-6,627.