US markets closed higher on Tuesday (28/10): Dow +0.34%, S&P 500 +0.23%, and Nasdaq +0.80%. US equities climbed to new highs as investors welcomed the latest wave of corporate earnings and awaited the outcome of the Federal Reserve meeting for confirmation of another rate cut. The 10-year UST yield slipped -0.03% (-0.001bps) to 3.98%, while the USD Index dropped -0.06% to 98.73.
Commodity markets closed mixed on Tuesday (28/10): WTI crude -1.89% to USD 60.15/bbl, Brent crude -1.86% to USD 64.4/bbl, coal +0.74% to USD 109.3/ton, CPO -1.28% to MYR 4,317, and gold -0.76% to USD 3,952.1/oz.
Asian markets closed lower on Tuesday (28/10): Nikkei -0.58%, Hang Seng -0.33%, and Shanghai -0.22%. Meanwhile, the JCI declined -0.30% to 8,092.6, with total foreign net sell of IDR 1,370.5 billion (regular market: IDR 1,204.8 billion; negotiated market: IDR 165.7 billion). The largest foreign net sells in the regular market were BBRI (IDR 359.8 billion), BMRI (IDR 180.0 billion), and DSSA (IDR 126.6 billion), while top foreign net buys were BREN (IDR 78.0 billion), AADI (IDR 76.1 billion), and BANK (IDR 41.7 billion). Top leading movers were RISE, TLKM, and BRPT, while top lagging movers were DSSA, ASII, and AMMN.
This morning, both the Kospi (+0.20%) and Nikkei (+1.02%) opened higher. We expect the JCI to move up today, supported by positive sentiment from regional and global 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.