US stocks closed lower on Tuesday (16 Sep): Dow -0.27%, S&P 500 -0.13%, and Nasdaq -0.07%. U.S. stocks edged lower Tuesday as the Fed’s September policy meeting began, pulling the Dow, S&P 500, and Nasdaq off record highs. The 10-year US Treasury yield edged down -0.40% (-0.016 bps) to 4.026%, while the USD Index slipped -0.69% to 96.6.
Commodity markets closed higher on Tuesday (16 Sep): WTI oil +1.93% to USD 64.52/bbl, Brent oil +1.53% to USD 68.5/bbl, coal +3.13% to USD 105.5/ton, CPO was unchanged at MYR 4,472, and gold rose +0.30% to USD 3,690.0/oz.
Asian markets closed mostly higher on Tuesday (16 Sep): Kospi +1.24%, Hang Seng -0.03%, Nikkei +0.30%, and Shanghai +0.04%. The JCI rose +0.26% to 7,957.7, with foreign net sell of IDR 371.5 billion; IDR -389.9 billion in the regular market, and IDR 18.4 billion in the negotiated market. The largest foreign outflow in the regular market was recorded by BMRI (IDR 147.6 billion), followed by BBCA (IDR 130.9 billion), and BUMI (IDR 81.4 billion). The largest foreign inflow in the regular market was recorded by BRMS (IDR 83.7 billion), followed by TLKM (IDR 81.3 billion), and BBRI (IDR 38.6 billion). Top leading movers are DSSA, MLPT, TLKM, while top lagging movers are BBCA, EMTK, BMRI.
This morning, both Kospi (-0.57%) and Nikkei (-0.22%) opened lower. We expect the JCI to decline today given negative sentiment from regional and global markets.
Samuel Sekuritas Indonesia is a leading Indonesian securities brokerage firm. Established in 1997, the firm has grown to become one of the most respected and trusted financial services companies in the country. With a wide range of services and products, Samuel Sekuritas Indonesia has become a trusted partner to many investors, both institutional and individual.
The company offers a variety of financial services, including equity, debt and derivative securities brokerage services, research and portfolio management, asset management and capital market services, as well as a range of other investment solutions. Samuel Sekuritas Indonesia is also a leader in providing financial education and training, and has established itself as a leading provider of investor relations services.
The company has a strong research capability and is committed to providing its clients with up-to-date and reliable market analysis and recommendations. It also has a team of experienced and knowledgeable professionals who are dedicated to providing quality service to its clients. As a result, Samuel Sekuritas Indonesia has become a preferred partner for many investors in Indonesia.
In addition to its financial services, Samuel Sekuritas Indonesia also offers a range of other services, such as corporate finance and advisory services, mergers and acquisitions, and venture capital.