Research & Stock Picks

Morning Briefs

06 August 2025

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JCI is Expected to Decline Today

US stocks closed lower on Tuesday (5/8): Dow -0.14%, S&P 500 -0.49%, Nasdaq -0.65%. The markets suffered as investors digested weaker-than-expected economic data and Trump’s latest comments on tariffs. The 10-year U.S. Treasury yield dropped 16 bps to 4.220%, while the USD Index slipped 0.002% to 98.8.

Commodity markets closed mixed on Tuesday (5/8): WTI oil -1.55% to USD 65.24/bbl, Brent oil -1.63% to USD 67.60/bbl, coal -0.17% to USD 117.00/ton, CPO +2.46% to MYR 4,290, and gold +0.21% to USD 3,380.6/oz.

Most Asian stock markets closed higher on Tuesday 5/8): Kospi up +1.60%, Hang Seng +0.68%, Nikkei +0.65%, and Shanghai +0.96%. JCI rose +0.68% to 7,515.2, despite recording foreign net sell of IDR 552.4 billion. In the regular market, foreign investors booked a net buy of IDR 647.1 billion, while in the negotiated market there was net sell of IDR 94.7 billion. The top foreign net buys in the regular market were BMRI (IDR 188.2 billion), BBCA (IDR 161.3 billion), and CUAN (IDR 96.8 billion), while the top foreign net sells were BBRI (IDR 236.3 billion), TOBA (IDR 53.2 billion), and BRMS (IDR 39.2 billion). Top leading movers included AMMN, BBCA, and BMRI, while top lagging movers were AMMN, BREN, and TPIA.

Both Kospi (-0.31%) and Nikkei (-0.01%) opened lower this morning. We expect the JCI to decline today, weighed down by negative sentiment from regional markets.

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RSH-250806
RSH-250806 - English

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