Menu
The U.S. market closed higher on Friday (May 08): Dow +0.02%, S&P 500 +0.84%, and Nasdaq +1.71%. S&P 500 hit another record high, extending its longest weekly winning streak since 2024 on stronger-than-expected April jobs data and U.S.-Iran developments. The U.S. 10-year Treasury yield declined 0.73% to 4.354%, while the U.S. Dollar Index slipped 0.17% to 97.90.
Commodity markets also closed mostly higher on Friday (May 08): WTI crude rose 0.64% to USD 95.42/bbl, Brent crude increased 1.23% to USD 101.29/bbl, coal declined 0.55% to USD 134.45/ton, CPO slid 0.79% to MYR 4,505/ton, and gold climbed 0.63% to USD 4,715/oz.
Asian markets closed mostly lower on Friday (May 08): Hang Seng fell 0.87%, Nikkei fell 0.19%, and Shanghai fell 0.00%. The JCI fell 2.86% to 6,969.40, with foreign net buy of IDR 11,421.2 billion, consisting of IDR 484.5 billion net sell in the regular market and IDR 11,905.7 billion net buy in the negotiated market. The largest foreign net sells in the regular market were recorded in BMRI (IDR 436.3 billion), BUMI (IDR 82.8 billion), and TINS (IDR 76.4 billion), while the largest foreign net buys were seen in BBRI (IDR 176.7 billion), MDKA (IDR 134.4 billion), and TLKM (IDR 104.7 billion). Top leading movers were MORA, TLKM, and MAPI, while top lagging movers were BREN, DSSA, and AMMN.
This morning, both KOSPI (+4.16%) and NIKKEI (+0.98%) opened higher. Today, we anticipate the JCI to move up amid positive sentiment across 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.
