US markets closed mixed on Tuesday (21 Oct): Dow +0.47%, S&P 500 +0.00%, and Nasdaq -0.18%. The Dow closed at a new record high as Wall Street welcomed the latest wave of quarterly earnings reports from major companies such as General Motors and Coca-Cola. The 10-year US Treasury yield fell -0.65% (-0.026bps) to 3.959%, while the USD Index rose +0.35% to 98.94.
Commodity markets mostly weakened on Tuesday (21 Oct): WTI crude -0.52% to USD 57.5/bbl, Brent crude +0.51% to USD 61.3/bbl, coal -0.23% to USD 106.5/ton, CPO -0.18% to MYR 4,505, and gold slumped -5.3% to USD 4,125.2/oz.
Asian markets closed higher on Tuesday (21 Oct): Nikkei +0.27%, Hang Seng +0.65%, and Shanghai +1.36%. The JCI strengthened +1.84% to 8,238.08, with total foreign net buy of IDR 1,342.4 billion — including IDR 1,405.1 billion net buy in the regular market and IDR 62.7 billion net sell in the negotiated market. The top foreign net buys in the regular market were BBCA (IDR 1,301.5 billion), TLKM (IDR 226.4 billion), and ADRO (IDR 140.8 billion), while the top net sells were BMRI (IDR 117.2 billion), CUAN (IDR 104.5 billion), and BBNI (IDR 102.1 billion). Top leading movers were BBCA, TLKM, and BBRI, while top lagging movers were MLPT, SMMA, and PGUN.
This morning, the Kospi (-0.12%) and Nikkei (-0.18%) opened lower. We expect the JCI to decline today, pressured by sentiment from regional and commodity 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.