US markets closed lower on Wednesday (22 Oct): Dow -0.71%, S&P 500 -0.53%, and Nasdaq -0.93%. The U.S. market closed lower due to disappointing earnings from Netflix, which weighed on the technology sector, and growing investor caution ahead of Tesla’s upcoming results amid corporate earnings season. The 10-year US Treasury yield fell -0.18% (-0.007bps) to 3.952%, while the USD Index slipped -0.05% to 98.89.
Commodity markets closed mostly higher on Wednesday (22 Oct): WTI crude +1.67% to USD 58.5/bbl, Brent crude +2.07% to USD 62.6/bbl, coal +0.19% to USD 106.7/ton, CPO -1.09% to MYR 4,456.0, and gold slumped -0.65% to USD 4,098.4/oz.
Asian markets closed mostly lower on Wednesday (22 Oct): Nikkei -0.02%, Kospi +1.56%, Hang Seng -0.94%, and Shanghai -0.07%. The JCI weakened -1.04% to 8,152.6, with total net foreign buy of IDR 120.1 billion; IDR 170.2 billion in the regular market, and IDR -50.1 billion in the negotiated market. The largest foreign inflow in the regular market was recorded by BBCA (IDR 235 billion), followed by ASII (IDR 166.5 billion), and PTRO (IDR 96.5 billion). The largest foreign outflow in the regular market was recorded by BBRI (IDR 240.6 billion), followed by ANTM (IDR 57.3 billion), and BMRI (IDR 55.1 billion). Top leading movers are ASII, RISE, PTRO, while top lagging movers are BBCA, TLKM, BBRI.
This morning, the Kospi (-1.33%) and Nikkei (-1.70%) opened lower. We expect the JCI to decline today given negative sentiment from 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.