Investors Return to Interest in Long Tenors
The long tenor yield FR0083 was stable below the psychological 7% level, as market sentiment worsened and sparked buying of safe-haven assets.
Weekly Report | 1 Nov 2021
Approaching November, the stock market may potentially be influenced by several important economic data releases.
Daily Report | 1 Nov 2021
The movement of the benchmark index has a chance to strengthen with a projected range of 6,560-6,680.
Profit Taking Ahead of US GDP Data
All benchmark Government Securities (SUN) recorded a yield increase of more than 1 bps yesterday. The US Gross Domestic Product (GDP) Annualized QoQ data for the 3Q21 period was at the level of 2%, or lower than the market projection of 2.6%.
Daily Report | 29 Oct 2021
Towards the end of the week, the benchmark index has a chance to face technical rebound with projected movement in the area of 6,500-6,680.
Buy Action Press Yield FR0083
The yield on the benchmark 20-year government bonds (SUN) series FR0083 fell 8.2bps to 6.98%. In addition to yields that are still attractive, FR0083 offers high coupons of up to 7.50% or the highest compared to other benchmarks that offer coupons between 5.50% to 6.50%.
Daily Report | 28 Oct 2021
JCI was down by 0.82%, triggered by a decline in 9 of the 11 sectoral indices. The weakening of the rupiah exchange rate as well as the
decline in global commodity prices have been the pressure factors for stock market movements. Technically, today JCI has the opportunity to rebound with a projected range of movement at 6,590-6,680.
Daily Report | 27 Oct 2021
JCI still has a limited chance to strengthen with an estimated range of movement in the area of 6,638-6,687.
Uncertainty of Global Economic Recovery
This has made market participants aggressively buy into Government Bonds (SUN) the 2022 benchmark candidate. The FR0090, FR0091, and FR0092 series recorded yield declines in the range of 3.6 bps to 8.3 bps yesterday.
