Indonesia Stock Market News Update
Jakarta composite slipped 8.948 points (-0.134%) to 6,653.351. LQ45 added 0.12% to 940.5. There were 20.313 billion shares traded worth of Rp11.015 trillion, including transaction of 663 billion in negotiation market. 182 shares rose while 364 declined and 134 unchanged.
Foreign investors purchased a net 645.22 billion in regular market, recording the most net purchase in ARTO worth of Rp201.6 billion, BBCA worth of Rp193.6 billion and TLKM worth of Rp100.2 billion.
Indonesian authorities postponed a meeting with coal mining companies on Wednesday with no new time had been agreed. Major Indonesian coal miners have sought exemptions from a coal export ban put in place at the start of the year as the costs of having scores of ships stranded offshore continue to mount.
According to JISDOR released Thursday afternoon, Rupiah weakened 31 points (-0.22%) to 14,396 while Spot declined 35 points (-0.24%) to 14,390.
Asian and European stock markets followed Wall Street lower after Federal Reserve meeting minutes signaled a faster-than-expected rise to cool inflation.
The more hawkish than expected views of U.S. central bank officials also pushed U.S. Treasury yields higher. On Thursday, the U.S. 10-year yield remained elevated at 1.6929%, just off Wednesday’s close of 1.7030%.
Meanwhile, restrictions are coming back in some places in the face of omicron. Hong Kong reimposed social curbs and halted flights from eight countries. Tokyo raised the alert level after reporting almost 400 new cases in one day. China brought in new restrictions for people traveling from the U.S. as cases there climb.
Data releases in Europe on Thursday include Factory orders in Germany jumped 3.7% mom in November of 2021, rebounding from a downwardly revised 5.8% fall in October and beating market forecasts of a 2.1% rise.
Losses in oil prices eased but remained under pressure. Brent crude futures declined 20 cents (-0.25%) to $80.60 while U.S. markets slipped 8 cents (-0.10%) to $78.77. U.S. crude oil stockpiles fell last week while gasoline inventories surged more than 10 million barrels, the biggest weekly build since April 2020, as supplies backed up at refineries due to reduced fuel demand.
Indonesia Stock Market News Update
STOXX 50.. 4,330.73 (-1.40%)
CAC 40.. 7,277.03 (-1.35%)
DAX.. 16,093.77 (-1.09%)
FTSE.. 7,451.32 (-0.87%)
NIKKEI.. 28,487.87 (-2.88%)
SHCOMP.. 3,586.08 (-0.25%)
HSI.. 23,072.86 (+0.72%)
TAIEX.. 18,367.92 (-0.71%)
KOSPI.. 2,920.53 (-1.13%)
S&P/ASX 200.. 7,358.32 (-2.74%)
SENSEX.. 59,584.95 (-1.06%)
STI… 3,184.02 (+0.65%)
DOW FUT.. 36,256.00 (-0.10%)
S&P FUT.. 4,682.25 (-0.22%)
NASDAQ FUT.. 15,708.75 (-0.37%)
For previous market review: Indonesian Stocks Extend Gains With Investors Are Optimistic For January Effect
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