The U.S. market closed lower on Wednesday (Jun 03): Dow -1.21%, S&P 500 -0.74%, and Nasdaq -0.89%. The Dow fell 600 points as rising oil prices and Treasury yields pressured stocks amid U.S.-Iran inflation concerns. The U.S. 10-year Treasury yield increased 1.15% to 4.495%, while the U.S. Dollar Index gained 0.31% to 99.53.
Commodity markets also closed mostly higher on Wednesday (Jun 03): WTI crude rose 2.41% to USD 96.02/bbl, Brent crude increased 1.89% to USD 97.81/bbl, coal gained 2.21% to USD 148.00/ton, CPO went up 3.13% to MYR 4,677/ton, and gold decreased 1.20% to USD 4,435/oz.
Asian markets closed mostly higher on Wednesday (Jun 03): Hang Seng fell 1.56%, Nikkei jumped 2.50%, and Shanghai gained 0.22%. The JCI fell 4.11% to 5,941.07, with foreign net sell of IDR 993.2 billion, consisting of IDR 864.0 billion net sell in the regular market and IDR 129.2 billion net sell in the negotiated market. The largest foreign net sells in the regular market were recorded in BBCA (IDR 686.1 billion), BBRI (IDR 427.5 billion), and TPIA (IDR 360.7 billion), while the largest foreign net buys were seen in BUMI (IDR 240.4 billion), MDKA (IDR 112.1 billion), and ADRO (IDR 103.1 billion). Top leading movers were CASA, DSSA, and BYAN, while top lagging movers were BBCA, BBRI, and AMMN.
This morning, both KOSPI (-1.64%) and Nikkei (-1.53%) opened lower. Today, we anticipate the JCI to continue move down amid negative sentiment from global and national.
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.