Daily | April 12 2018
Trump’s tweet of firing missiles at Syria is major negative sentiment.
Trump’s tweet of firing missiles at Syria is major negative sentiment.
PTPP secured 4Q17 revenue of IDR7.7 trillion (+37.9% y-y) settling at highest revenue figures as of 1Q14.
MAPI posted the growth of 60.5% y-y into IDR334.65 billion in 2017 net profit.
The picking up average selling price (ASP) successfully sent ADRO to post 4Q17’s soaring sales of 9.8% y-y into USD819 billion
JCI rallied further yesterday amid the rally in global markets. Investor positively responded to Chinese President’s speech. Top Gainers : Finance (+1.85%), Infrastructure (+1.73%), Mining (+1.27%).
JCI soared yesterday. Investors awaited the release of February’s retail sales data estimated to grow. Top Gainers : Miscellaneous Industries (+2.49%), Agriculture (+2.38%), Infrastructure (+1.90%).
The retail sales of February 2018 grew by 1.5% y-y after it declined by 1.8% in January 2018
Trade War Affecting Manufacturing-Based Markets
JCI closed slightly lower on last Friday. Investors awaited the release of forex data amid the sluggish global market. Top Losers: Infrastructure (-0.35%), Agri (-0.19%), Trade (-0.17%).