The U.S. market closed higher on Thursday (May 21): Dow +0.55%, S&P 500 +0.17%, and Nasdaq +0.09%. Yesterday, Wall Street ended the day higher as oil prices and U.S. Treasury yields fell, fueled by increasing hope that the Middle East conflict may soon be settled. The U.S. 10-year Treasury yield declined 0.35% to 4.570%, while the U.S. Dollar Index gained 0.17% to 99.26.
Commodity markets also closed mostly lower on Thursday (May 21): WTI crude fell 1.94% to USD 96.35/bbl, Brent crude dropped 2.32% to USD 102.58/bbl, coal gained 0.07% to USD 137.55/ton, CPO slid 2.73% to MYR 4,458/ton, and gold decreased 0.03% to USD 4,543/oz.
Asian markets closed mostly lower on Thursday (May 21): Hang Seng fell 1.03%, Nikkei jumped 3.14%, and Shanghai fell 2.04%. The JCI fell 3.54% to 6,094.94, with foreign net sell of IDR 544.7 billion, consisting of IDR 508.0 billion net sell in the regular market and IDR 36.7 billion net sell in the negotiated market. The largest foreign net sells in the regular market were recorded in ANTM (IDR 204.1 billion), BBRI (IDR 145.9 billion), and BMRI (IDR 141.5 billion), while the largest foreign net buys were seen in BUMI (IDR 203.8 billion), BRPT (IDR 173.3 billion), and BRMS (IDR 87.7 billion). Top leading movers were AMMN, INDF, and AMRT, while top lagging movers were ASII, BRMS, and BYAN.
This morning, both KOSPI (+0.61%) and Nikkei (+1.20%) opened higher. Today, we anticipate the JCI to continue its decline amid negative market reactions to recent unfavorable government initiatives.
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.