Weekly Report | 18 December 2023
FEDERAL RESERVE’S DOVISH STEP OF HOLDING INTEREST RATES IN THE 5.25% – 5.50% RANGE FOR THE THIRD TIME, sent the Dow Jones Industrial Average to close at its highest record level since January 2022.
FEDERAL RESERVE’S DOVISH STEP OF HOLDING INTEREST RATES IN THE 5.25% – 5.50% RANGE FOR THE THIRD TIME, sent the Dow Jones Industrial Average to close at its highest record level since January 2022.
Amid optimism for rate cuts next year even as a warning from a Fed official attempted to warn regarding the possibility of tight monetary policy next year.
The Dow and Nasdaq clinched record closes Friday (15/12/23), amid optimism for rate cuts next year even as a warning from a Fed official attempted to warn regarding the possibility of tight monetary policy next year.
PT Adhi Kartiko Pratama Tbk (“Perseroan”) didirikan pada tahun 2008 merupakan perusahaan yang bergerak di bidang pertambangan bijih nikel melalui kegiatan eksplorasi melalui proyek nikel laterit yang merupakan kontributor utama dalam industri bijih nikel global.
Perseroan bergerak dalam bidang industri dan perdagangan yang memproduksi berbagai macam produk berupa perekat Hook dan Loop/Magic Tape atau Pita Pengait rekat dan webbing tape.
Perseroan merupakan salah satu perusahaan yang menawarkan solusi satu atap untuk industri makanan & minuman, perawatan diri (personal care), dan bahan kimia industri di Indonesia.
Perseroan dikenal sebagai perusahaan pelopor yang memfokuskan pada pengembangan gas alam terkompresi (Compressed Natural Gas / CNG) di Indonesia melalui kegiatan usaha perdagangan dan distribusi gas alam yang menggunakan moda transportasi ke daerah-daerah yang belum terjangkau oleh jaringan pipa gas dengan tekanan gas yang stabil dan aman.
US jobless claims were light, but retail sales showed an unexpected increase. Initial Jobless Claims fell by 19,000 to 202,000 for the week ending December 9.
The Dow closed at another record high on Thursday (14/12/23) for the second day in a row as the rally after the Fed’s dovish decision continued to push stocks higher, even as some analysts were somewhat concerned that the recent gains were too much and too fast.