Investors are hoping to get more clues on the Federal Reserve’s next move in an effort to fight Inflation without hurting the economy too much, aka working the US economy towards a soft-landing.
Global stock indexes closed mixed on Monday’s trading (24/06/24) ahead of key US Inflation benchmark readings due this week, while the Dollar weakened slightly against the Yen at levels that made investors wary of Japanese (government) intervention.
FCA REVISION AND RISE OF BIG BANKS BLUECHIP STOCKS BRINGS INDONESIA TO CLOSE LAST WEEK’S MARKET IN GREEN TERRITORY
Economic data on the housing market showed US Existing Home Sales fell for the third consecutive month in May as record-high prices and rising mortgage rates kept potential buyers at bay.
Global stock indices fell for the second consecutive session on Friday (21/06/24), weighed down by weakness in Technology stocks, while the US DOLLAR hit its highest level since early May as a gauge of US business activity edged up to a more than 2-year high.
US10YT is still holding in the lower channel Support region with RSI positive divergence, signaling a potential technical rebound. ADVISE: wait for the yield to break MA10 first as the nearest Resistance (4.31%) then the yield will go to the following TARGETS: 4.376% / 4.473% / 4.55%.
The S&P 500 closed 0.2% lower on Thursday (20/06/24) after hitting an all-time high of 5,505.23 for the first time as NVIDIA’s share price plunged 3%, dragging the Technology sector down and the NASDAQ closed 0.8% lower, also due to a slew of economic data showing signs of a slowing US economy.
Kegiatan usaha Perseroan sesuai dengan Anggaran Dasar Pasal 3 Akta Pendirian Perseroan adalah dalam bidang golf. Saat ini, Perseroan telah menambah kegiatan usahanya melalui Entitas Anak. Perseroan kini bergerak di bidang Jasa Konsultasi Manajemen dan Pengelolaan Lapangan Golf, serta Pengembangan Properti dan Fasilitas Pendukungnya melalui Entitas Anak.
Perseroan merupakan perusahaan nasional yang bergerak di bidang makanan ringan kacang olahan pertama didirikan oleh Bapak Tjokro Gunawan yang telah memiliki pengalaman dalam industri makanan ringan kacang pada tahun 1993 di Cikarang.
