Research & Stock Picks

Morning Briefs

13 March 2025

By

JCI is Expected to Move Up Today

US stocks closed mostly higher on Wednesday (12/3): Dow -0.20%, S&P 500 +0.49%, Nasdaq +1.22%. Nasdaq and S&P 500 gained momentum after a soft inflation report eased concerns about the US economy, triggering a tech rally as investors started to pick up beaten-up tech shares. The UST 10Y yield rose +0.75% (+0.032bps) to 4.309%, while USD Index slipped -0.46% to 103.6.

 

Commodity market closed mostly higher on Wednesday (12/3); WTI oil +1.74% to USD 67.77/bbl, Brent oil +2.00% to USD 70.95/bbl, coal -1.16% to USD 97.95/ton, CPO +0.02% to MYR 4,489, and gold +0.66% to USD 2,934/toz.

 

Asian markets closed mixed on Wednesday (12/3): Kospi +1.47%, Hang Seng -0.76%, Nikkei +0.07% and Shanghai -0.23%. JCI rose +1.82% to 6,665.0, with net foreign buy of IDR 148.8 billion; IDR 188.2 billion net buy in the regular market, and IDR 39.4 billion net sell in the negotiated market. The largest foreign outflow in the regular market was recorded by BBNI (IDR 61.7 billion), followed by MDKA (IDR 38.9 billion), and ADRO (IDR 31.4 billion). The largest foreign inflow in the regular market was recorded by RATU (IDR 107.7 billion), followed by BBRI (IDR 107.2 billion), and TLKM (IDR 69 billion). Top leading movers were DCII, BBRI, DSSA, while the top lagging movers were MLPT, BYAN, PANI.

 

Both Kospi (+0.77%) and Nikkei (+1.17%) opened higher this morning. We expect the JCI to move up today, supported by positive sentiment from global and regional markets.

Share This:

Highlights

Download PDF

Download PDF

RSH-250313
RSH-250313 - English

Download PDF

RSH-250313
RSH-250313 - English

More Related

Technical Stock Analysis

Apr 17, 2025

Daily Stock Technical – Apr 17, 2025

Morning Briefs

Apr 17, 2025

JCI is Expected to Sideways Today

Economic Reports

Apr 16, 2025

Samuel Daily Economic Insights 17 April 2025

Technical Stock Analysis

Apr 16, 2025

Daily Stock Technical – Apr 16, 2025