Menu
The U.S. market closed lower on Friday (Mar 27): Dow -1.73%, S&P 500 -1.67%, and Nasdaq -2.15%. The Dow Jones Industrial Average fell nearly 800 points into correction territory as oil prices surged above USD 110 amid Strait of Hormuz tensions, extending the S&P 500’s fifth consecutive weekly loss. The U.S. 10-year Treasury yield increased 0.36% to 4.428%, while the U.S. Dollar Index gained 0.25% to 100.15.
Commodity markets also closed mostly higher on Friday (Mar 27): WTI crude rose 5.46% to USD 99.64/bbl, Brent crude increased 4.22% to USD 112.57/bbl, coal gained 1.30% to USD 143.85/ton, CPO slid 0.40% to MYR 4,631/ton, and gold climbed 2.70% to USD 4,494/oz.
Asian markets closed mostly higher on Friday (Mar 27): Hang Seng rose 0.38%, Nikkei fell 0.43%, and Shanghai gained 0.63%. The JCI fell 0.94% to 7,097.06, with foreign net sell of IDR 1,764.3 billion, consisting of IDR 1,894.6 billion net sell in the regular market and IDR 130.3 billion net buy in the negotiated market. The largest foreign net sells in the regular market were recorded in BBCA (IDR 1,125.3 billion), BBRI (IDR 343.9 billion), and BBNI (IDR 123.7 billion), while the largest foreign net buys were seen in ANTM (IDR 65.1 billion), EMAS (IDR 44.3 billion), and BUMI (IDR 33.9 billion). Top leading movers were MEGA, GIAA, and JPFA, while top lagging movers were ASII, TLKM, and BMRI.
This morning, both KOSPI (-4.43%) and Nikkei (-5.35%) opened lower. Today, we anticipate the JCI to decline amid negative sentiment across 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.
