Indonesian Stocks Finished Sideways

Indonesia Stocks Market Update

Indonesian stocks finished sideways on Thursday with global sentiment remain uncertain.

Jakarta composite slipped -0.287 points (-0.005%) to 6,109.942 while LQ45 declined 0.39% to 862.836. There were 27.253 billion shares traded worth of Rp11.702 trillion, including transaction of Rp1.419 trillion in negotiation market. Foreign investors purchased a net Rp161.55 billion in regular market. 226 shares rose while 278 declined and 161 unchanged.

The Djarum Group’s e-commerce company, PT Global Digital Niaga (Blibli.com) becomes the new controller of PT Supra Boga Lestari Tbk (RANC), after acquiring 51% shares of the issuer that operates the Ranch Market supermarket, Farmers Market, the Gourmet by Ranch Market and Day2Day by Farmers Market.

The changes in FTSE Global Equity Index Series Asia Pacific ex Japan & China semi-annual review will be effective after the close of business on Friday, 17 September 2021. Among the changes, it moves SMGR from large cap to small cap. In small cap, it includes AGRO and BFIN and takeout BWPT while BRIS is moved from small cap to large cap.

According to JISDOR released Thursday afternoon, Rupiah added 14 points (+0.10%) at 14,238 while spot rate added 10 points (+0.07%) at 14,250.

Stocks in dipped in Asia while Europeans advanced on Thursday with investors continue to assess the outlook for economic reopening amid the delta virus strain outbreak

On the data front, Australia’s unemployment rate decreased to 4.5% on a seasonally adjusted basis in August, data released Thursday showed, lower than the 4.9% forecast.

Japan posted a trade deficit of JPY 635.36 billion in August 2021, compared with market consensus of a gap of JPY 47.7 billion and reversing from a surplus of JPY 227.98 billion in the same month a year earlier. This was the first trade deficit since May, as exports rose by 26.2% year-on-year to JPY 6,606 billion while imports rose at a steeper 44.7% to JPY 7,241 billion

U.S. jobless claims data is set to be released on Thursday, with economists polled by Dow Jones expecting a total of 320,000 Americans filed for unemployment insurance in the week ended Sept. 11.

In other news, U.K. Prime Minister Boris Johnson on Wednesday reshuffled his Cabinet, replacing a number of senior ministers and urging his government to tackle economic inequality in the aftermath of the pandemic.

Gold prices traded steady on Thursday as investors await signals on Federal Reserve’s timeline for tapering pandemic-era stimulus measures after softer than expected US inflation data.

Oil prices climbed after EIA reported Crude inventories fell by 6.4 million barrels in the week to Sept. 10 to 417.4 million barrels. Brent crude rose 11 cents (+0.15%) at $75.61 per barrel and U.S WTI added 13 cents (+0.18%) at $72.74 barrel.

Indonesia Stocks Market Update

STOXX 50.. 4,178.27 (+0.78%)
CAC 40.. 6,632.52 (+0.74%)
DAX.. 15,713.64 (+0.63%)
FTSE.. 7,054.16 (+0.54%)

NIKKEI.. 30,323.34 (-0.62%)
HSI.. 24,667.85 (-1.46%)
SHCOMP.. 3,607.09 (-1.34%)
TAIEX.. 17,278.70 (-0.43%)
KOSPI.. 3,130.09 (-0.74%)
S&P/ASX 200.. 7,460.21 (+0.58%)
SENSEX.. 59,064.81 (+0.58%)
STI.. 3,065.64 (+0.23%)

DOW FUT.. 34,694.00 (-0.02%)
S&P FUT.. 4,469.75 (-0.05%)
NASDAQ FUT.. 15,473.75 (-0.15%)