U.S. markets closed lower on Thursday (6/11): Dow -0.84%, S&P 500 -1.12%, Nasdaq -1.90%. The U.S. stock market fell as renewed worries over stretched Big Tech valuations and a sharp rise in October layoffs fueled concerns over the labor market, prompting investors to shift toward safer assets like bonds. The 10-year U.S. Treasury yield slipped -1.66% (-0.069 bps) to 4.090%, while USD Index dropped -0.50% to 99.7.
Commodity markets closed mostly lower on Thursday (6/11): WTI crude -0.13% to USD 59.5/bbl, Brent -0.22% to USD 63.4/bbl, coal +0.92% to USD 114.8/ton, CPO +1.00% to MYR 4,149.0/ton, and gold -0.06% to USD 3,977.2/oz.
Asian markets closed higher on Thursday (6/11): Kospi +0.55%, Hang Seng +2.12%, Nikkei +1.34%, Shanghai +0.97%. The JCI rose +0.22% to 8,337.1, with overall foreign net sell of IDR 114.9 billion; IDR -108.0 billion in the regular market, and IDR -6.9 billion in the negotiated market. The largest foreign outflow in the regular market was recorded by BRMS (IDR 201.3 billion), followed by BBCA (IDR 186.2 billion), and COIN (IDR 86.5 billion). The largest foreign inflow in the regular market was recorded by BREN (IDR 226.5 billion), followed by ASII (IDR 144.9 billion), and BBRI (IDR 139.2 billion). Top leading movers are DSSA, BREN, BBRI, while top lagging movers are BBCA, BRMS, TLKM.
This morning, both Kospi (-0.06%) and Nikkei (-0.97%) opened lower. We expect the JCI to decline today, supported by 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.