Menu
US stocks closed mostly lower on Wednesday (30/7): Dow -0.38%, S&P 500 -0.12%, Nasdaq +0.15%. The markets dropped followed Jerome Powell’s signal that the Fed was not ready to cut interest rates. The 10-year US Treasury yield rose +1.13% (+4.9 bps) to 4.373%, while the USD Index went up +0.94% to 99.8.
Commodity markets moved higher on Wednesday (30/7): WTI oil gained +1.47% to USD 70.23/bbl, Brent crude +0.66% to USD 73.20/bbl, coal slipped -0.8% to USD 117.1/ton, CPO rose +0.54% to MYR 4,277, while gold declined -1.11% to USD 3,378/oz.
Asian markets closed mixed on Wednesday (30/7): Kospi +0.75%, Hang Seng -1.36%, Nikkei -0.05%, and Shanghai +0.17%. The JCI fell -0.89% to 7,549.9, with foreign investors posting total net sells of IDR 635bn. In the regular market, net sells reached IDR 1,020.8bn, partially offset by IDR 385.8bn net buys in the negotiated market. The largest foreign net sells in the regular market were BBCA (IDR 413.1bn), BMRI (IDR 318.0bn), and PGEO (IDR 163.1bn), while the top foreign net buys were WIFI (IDR 134.5bn), GOTO (IDR 93.6bn), and ASII (IDR 84.4bn). Leading movers were GOTO, ASII, and INKP, while laggards included BBRI, SMMA, and BMRI.
This morning, both Kospi (+0.19%) and Nikkei (+0.48%) opened higher. We expect the JCI to move up today, supported by positive sentiment from 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.
