Daily | Jun 04 2018
Top Losers : Infrastructure (-1.27%). Misc Industries (-1.07%), Trade (-0.98%).
Top Losers : Infrastructure (-1.27%). Misc Industries (-1.07%), Trade (-0.98%).
SMRA posted the decline in 1Q18 top line performance.
ADRO targets the 2018 coking coal production of 1 million tons by Adaro Metcoal Company.
Investors positively responded to BI’s firm stance of raising its benchmark rate higher. After being depreciated at 14,209, rupiah regained appreciation at below 14,000 level per USD. Meanwhile, in the bond market, the 10–year–tenor sovereign bonds (SUN) yield tumbled nearly at 7% after briskly running at 7.62%.
Top Losers : Misc Industries (-2.01%), Infrastructure (-1.85%), Finance (-1.12%).
Soaring Excise Duties Mounts Inflation
The Fed’s minutes indicate that the Fed’s officials would be content to let inflation briefly runs above the 2%
Top Gainers : Basic Industry (+1.23%), Finance (+0.95%), Trade (+0.62%).
The Indonesian government absorbed the fund of IDR15 trillion from the incoming bid of IDR31.47 trillion