Konsultan Keuangan Ulasan Pasar Modal Terkini
• Jakarta composite rose 73.011 points (+1.084%) to 6,807.497.
• Indonesia’s export growth slowed more than expected in January, after authorities in the world’s top thermal coal exporter banned shipments in the first week of 2022. However, the January trade surplus was $930 million, bigger than expectations for a $190 million surplus.
• Global shares recovered along with U.S. futures while oil prices declined after Russia reportedly began returning its troops to bases.
• Russia’s Defense Ministry announced today the start of a pullback of some forces after drills that raised U.S. and European alarm about a possible military assault on Ukraine.
• CPO price rose to as high as RM5,935 per tonne, riding on news of India’s imports tax cut that could boost demand from the world’s biggest buyer.
Jakarta composite rose 73.011 points (+1.084%) to 6,807.497. LQ45 jumped 1.31% to 975.321. There were 24.258 billion shares traded worth of Rp13.672 trillion, including transaction of Rp2.198 trillion in negotiation market. 268 shares rose while 251 declined and 160 unchanged. Foreign investors purchased a net Rp615.66 billion in regular market.
Plantation stocks surged as CPO price continue to scale new highs amid tighter output.
Indonesia’s export growth slowed more than expected in January, after authorities in the world’s top thermal coal exporter banned shipments in the first week of 2022. Exports grew 25.31% on an annual basis in January to $19.16 billion, compared with expectations for a 33.86% rise. Imports increased 36.77%, more slowly than the 51.38% expected. The January trade surplus was $930 million, bigger than expectations for a $190 million surplus.
On other news, Indonesia’s External Debt in the fourth quarter of 2021 decreased to $415.1 billion, down from the position of external debt in the previous quarter of $424.0 billion.
On currency, according to JISDOR Tuesday afternoon, rupiah climbed 46 points (+0.32%) to 14,292. Spot rate strengthened 25 points (+0.17%) at 14,300. The Finance ministry raised Rp23 trillion in government bond auction today, from total incoming bids of Rp76.772 trillion.
Corporate news
AALI will be the main beneficiary of India CPO imports tax cut as India has been AALI’s main export destination.
HEAL allocates Rp100 billion to repurchase 80 million shares, starting today until February 24. The company sets the limit of the buyback price to a maximum of Rp1,450 per share.
Global markets
Asian shares were mixed with investors in the region continue to monitor development on Russia and Ukraine crisis. Meanwhile, European shares and U.S. futures jumped after Russia reportedly began returning its troops to bases.
Moscow has repeatedly denied the attack plan. Russia’s Defense Ministry announced today the start of a pullback of some forces after drills that raised U.S. and European alarm about a possible military assault on Ukraine. Despite the Russia-Ukraine tensions, markets are still pointing towards a likelihood of the Federal Reserve raising interest rates at its March meeting.
On the data front, the Japanese economy grew by 1.3% qoq in last quarter of 2021, compared with market forecasts of a 1.4% expansion and shifting from a downwardly revised 0.7% contraction in third quarter, preliminary data showed. U.S. dollar dipped while U.S. Treasury yields moved lower.
Commodity
Oil prices declined amid profit taking and following news that Russian troops had returned to base. U.S. West Texas Intermediate crude declined $2.5, or 2.62%, to $92.96 a barrel, while Brent crude tumbled $2.21, or 2.29%, to $94.31 a barrel.
CPO price rose to as high as RM5,935 per tonne, riding on news of India’s imports tax cut that could boost demand from the world’s biggest buyer.
Gold prices climbed to an eight-month high earlier Tuesday amid geopolitical tensions
Konsultan Keuangan Ulasan Pasar Modal Terkini
Major index this afternoon:
STOXX 50.. 4,112.37 (+1.18%)
CAC 40.. 6,937.72 (+1.25%)
DAX.. 15,293.22 (+1.19%)
FTSE.. 7,590.89 (+0.79%)
Nikkei.. 26,865.19 (-0.79%)
HSI.. 24,355.71 (-0.82%)
SHCOMP.. 3,446.09 (+0.50%)
TAIEX.. 17,951.81 (-0.25%)
KOSPI.. 2,676.54 (-1.03%)
S&P/ASX 200.. 7,206.93 (-0.51%)
SENSEX.. 57,481.80 (+1.91%)
STI.. 3,415.99 (-0.15%)
DOW FUT.. 34,763.00 (+0.85%)
S&P FUT.. 4,444.75 (+1.15%)
NASDAQ FUT.. 14,468.75 (+1.15%)
For previous market review: Stock Market Overview: Indonesian Stocks Slipped From ATH. Bank Indonesia Maintain Interest Rates Unchanged
You could also read the article about our last event : TREN 2022 DIPROYEKSIKAN POSITIF, Roy Sembel: IHSG Berpotensi Sentuh Level 7.500
Follow our IG or click the link to see all of our upcoming events and the latest news on the stock market :
Recent Comments