The U.S. market closed lower on Friday (Mar 13): Dow -0.26%, S&P 500 -0.61%, and Nasdaq -0.93%. U.S. stocks fell mainly due to rising oil prices, hotter-than-expected inflation data, and geopolitical tensions. The U.S. 10-year Treasury yield increased 0.37% to 4.277%, while the U.S. Dollar Index gained 0.62% to 100.36.
Commodity markets also closed mostly higher on Friday (Mar 13): WTI crude rose 3.11% to USD 98.71/bbl, Brent crude increased 2.67% to USD 103.14/bbl, coal declined 1.05% to USD 137.30/ton, CPO went up 0.68% to MYR 4,572/ton, and gold decreased 1.18% to USD 5,019/oz.
Asian markets closed lower on Friday (Mar 13): Hang Seng fell 0.98%, Nikkei fell 1.16%, and Shanghai fell 0.82%. The JCI fell 3.05% to 7,137.21, with foreign net sell of IDR 117.2 billion, consisting of IDR 221.5 billion net sell in the regular market and IDR 104.3 billion net buy in the negotiated market. The largest foreign net sells in the regular market were recorded in BMRI (IDR 470.3 billion), BBNI (IDR 178.2 billion), and BBRI (IDR 133.6 billion), while the largest foreign net buys were seen in AADI (IDR 104.9 billion), ENRG (IDR 70.4 billion), and BIPI (IDR 69.7 billion). Top leading movers were SMMA, ADMR, and AADI, while top lagging movers were DSSA, AMMN, and DCII.
This morning, KOSPI (+0.37%) opened higher and Nikkei (-0.26%) opened lower. Today, we anticipate the JCI to decline amid negative sentiment across 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.