Research & Stock Picks

Morning Briefs

23 February 2026

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JCI Expected to Move Up Today

The U.S. market closed higher on Friday (Feb 20): Dow +0.47%, S&P 500 +0.69%, and Nasdaq +0.90%. U.S. stocks rose after the Supreme Court of the United States struck down Donald Trump’s emergency tariffs, easing cost and inflation concerns. The U.S. 10-year Treasury yield increased 0.38% to 4.083%, while the U.S. Dollar Index slipped 0.13% to 97.80.

 

Commodity markets closed mixed on Friday (Feb 20): WTI crude fell 0.06% to USD 66.39/bbl, Brent crude increased 0.14% to USD 71.76/bbl, coal declined 0.90% to USD 120.45/ton, CPO slid 0.61% to MYR 4,092/ton, and gold climbed 2.23% to USD 5,107/oz.

 

Asian markets closed lower on Friday (Feb 20): Hang Seng fell 1.10%, Nikkei fell 1.12%, and Shanghai was closed. The JCI fell 0.03% to 8,271.77, with foreign net buy of IDR 240.5 billion, consisting of IDR 360.9 million net sell in the regular market and IDR 240.9 billion net buy in the negotiated market. The largest foreign net sells in the regular market were recorded in BBCA (IDR 158.6 billion), BUMI (IDR 145.1 billion), and ANTM (IDR 130.2 billion), while the largest foreign net buys were seen in BBRI (IDR 404.4 billion), BMRI (IDR 173.5 billion), and ENRG (IDR 93.5 billion). Top leading movers were BBRI, AMMN, and FILM, while top lagging movers were DSSA, BYAN, and BRPT.

 

This morning, the KOSPI 225 opened up 1.26%, while the Nikkei is closed. Today, we expect the JCI to move higher, supported by positive global sentiment.

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