US stocks closed higher on Thursday (3/7): Dow +0.77%, S&P 500 +0.83%, Nasdaq +1.02%. The markets closed higher as jobs data exceeded expectations, despite ongoing geopolitical and trade war tensions. The UST 10Y yield rose +1.31% (+0.056 bps) to 4.337% while USD index increased +0.34% to 97.1.
Commodity market closed mostly lower on Thursday (3/7); WTI oil -0.67% to USD 67.00/bbl, Brent oil -0.45% to USD 68.80/bbl, coal -1.32% to USD 112.5/ton, CPO +0.71% to MYR 4,091, and gold -0.93% to USD 3,326.1/oz.
Most Asian stock exchanges closed mixed on Thursday (3/7): Kospi +1.34%, Hang Seng -0.63%, Nikkei +0.06%, and Shanghai +0.18%. JCI fell -0.05% to 6,878.1, with net foreign sell of IDR 31.3 billion; IDR -6.7 billion in the regular market, and IDR -24.6 billion in the negotiated market. The largest foreign outflow in the regular market was recorded by BBCA (IDR -106.3 billion), followed by BRPT (IDR -25 billion), and ADRO (IDR -19.2 billion). The largest foreign inflow in the regular market was recorded by ANTM (IDR 65.3 billion), followed by GOTO (IDR 63.1 billion), and MDKA (IDR 40.2 billion). Top leading movers are ANTM, MDKA, KLBF, while top lagging movers are TLKM, BBCA, BREN.
Kospi opened lower this morning (-0.31%), while Nikkei rose +0.02%. We expect the JCI to move sideways today amid mixed sentiments 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.