The U.S. market closed higher on Tuesday (Feb 24): Dow +0.76%, S&P 500 +0.77%, and Nasdaq +1.04%. U.S. stocks climbed Tuesday, with the Dow up over 350 points, led by gains in Advanced Micro Devices and software shares as fears over AI-driven industry disruption eased. The U.S. 10-year Treasury yield declined 0.05% to 4.029%, while the U.S. Dollar Index gained 0.14% to 97.84.
Commodity markets also closed lower on Tuesday (Feb 24): WTI crude fell 1.03% to USD 65.63/bbl, Brent crude dropped 1.01% to USD 70.77/bbl, coal declined 1.17% to USD 118.00/ton, CPO slid 0.73% to MYR 4,053/ton, and gold decreased 1.60% to USD 5,144/oz.
Asian markets closed mixed on Tuesday (Feb 24): Hang Seng fell 1.10%, Nikkei jumped 0.87%, and Shanghai gained 0.87%. The JCI fell 1.37% to 8,280.83, with foreign net buy of IDR 1,376.8 billion, consisting of IDR 621.9 billion net buy in the regular market and IDR 754.9 billion net buy in the negotiated market. The largest foreign net sells in the regular market were recorded in IMPC (IDR 141.1 billion), BUMI (IDR 102.2 billion), and BIPI (IDR 72.6 billion), while the largest foreign net buys were seen in BMRI (IDR 577.8 billion), TLKM (IDR 212.7 billion), and ASII (IDR 142.9 billion). Top leading movers were MEGA, BMRI, and TLKM, while top lagging movers were AMMN, DSSA, and BRMS.
This morning, both the KOSPI (+0.67%) and the Nikkei (+1.11%) opened higher. Today, we expect the JCI to move up, supported by positive sentiment from global and regional 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.