Research
8 April 2026
Wall Street indexes closed mostly flat on Tuesday, but managed to rebound from intraday...
Research
7 April 2026
In the FY25 period, TBIG recorded revenue of IDR 6.91 trillion, a slight increase of +0...
3 January 2023
The Wall Street index is still closed due to the New Year's holiday. Yet, European exchanges started the first day of trading in 2023 quite enthusiastically, up about 1 percent, supported by manufacturing data from Eurozone countries that were in line or better than expected (other than German Manufacturing PMI 47.1, which is lower than the consensus 47.4 but still higher than the previous position of 46.2), raising hopes that the worst economic conditions have passed.
2 January 2023
Wall Street closed out 2022 with its worst performance since 2008, and even the S&P 500 index corrected nearly 20% YTD. Chinese manufacturers' activities shrunk for three consecutive months in December, the fastest decline since the Covid 19 pandemic began three years ago, right after China loosened its zero-Covid policy.
30 December 2022
The Dow Jones Index closed higher by 1.1%/345 points. At the same time, the Nasdaq and S&P500 managed to experience gains of 2.6% and 1.8%, respectively, as US Initial Jobless Claims data reported 225,000 for the week ended Dec. 24, rising as expected from 216,000 the previous week, indicating that the US economy is starting to slow down. Thus, the market hopes the US central bank can end the pace of benchmark interest rate rise.
29 December 2022
Three US main indexes closed lower, with the Nasdaq at its lowest point in 2022, as Pending Home Sales (MoM) (Nov) economic data fell 4%, higher than expected from minus 0.8%.
28 December 2022
US Index was mixed with DJI up by 0.11%, yet the S&P500 and Nasdaq pulled back even more after the Christmas break. This was triggered by USDT10Y bond yields that went upside to nearly 11bps at 3.85%, as well as the release of US Goods Trade Balance (Nov.) economic data, which deficit narrowed to USD83.35 billion (vs. USD98.8 billion).
