The U.S. market closed mostly lower on Wednesday (Mar 11): Dow -0.61%, S&P 500 -0.08%, and Nasdaq +0.08%. Stock futures fell Wednesday night as the Dow Jones Industrial Average logged a second straight loss and rising oil prices unsettled traders. The U.S. 10-year Treasury yield increased 1.78% to 4.230%, while the U.S. Dollar Index gained 0.41% to 99.23.
Commodity markets also closed mostly higher on Wednesday (Mar 11): WTI crude rose 4.55% to USD 87.25/bbl, Brent crude increased 4.76% to USD 91.98/bbl, coal gained 2.90% to USD 134.90/ton, CPO went up 1.60% to MYR 4,499/ton, and gold decreased 0.30% to USD 5,176/oz.
Asian markets closed mostly higher on Wednesday (Mar 11): Hang Seng fell 0.24%, Nikkei jumped 1.43%, and Shanghai gained 0.25%. The JCI fell 0.69% to 7,389.40, with foreign net sell of IDR 941.0 billion, consisting of IDR 732.7 billion net sell in the regular market and IDR 208.3 billion net sell in the negotiated market. The largest foreign net sells in the regular market were recorded in BBCA (IDR 261.9 billion), BUMI (IDR 137.2 billion), and BBRI (IDR 80.3 billion), while the largest foreign net buys were seen in TLKM (IDR 160.5 billion), BMRI (IDR 39.6 billion), and ITMG (IDR 30.8 billion). Top leading movers were BYAN, TLKM, and GOTO, while top lagging movers were BBCA, AMMN, and BREN.
This morning, both KOSPI (-0.21%) and Nikkei (-1.22%) opened higher. Today, we expect the JCI to decline on the back of negative sentiment from 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.