Research & Stock Picks

Morning Briefs

06 November 2025

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JCI is Expected to Move Up Today

U.S. markets closed higher on Wednesday (5/11): Dow +0.48%, S&P 500 +0.37%, Nasdaq +0.65%. Stocks advanced as investors brushed off concerns about AI bubble while U.S. Supreme Court signaled skepticism toward President Donald Trump’s tariff policies. The 10-year U.S. Treasury yield slipped -0.20% (-0.008 bps) to 4.151%, while USD Index dropped -0.06% to 100.0.

Commodity markets were mixed on Wednesday (5/11): WTI crude +0.07% to USD 59.64/bbl, Brent -1.43% to USD 63.50/bbl, coal -0.13% to USD 113.7/ton, CPO -0.84% to MYR 4,108/ton, and gold +1.21% to USD 3,979.6/oz.

Asian markets closed mostly lower on Wednesday (5/11): Kospi -2.85%, Hang Seng -0.06%, Nikkei -2.50%, Shanghai +0.23%. The JCI rose +0.93% to 8,318.5, with total foreign net buy of IDR 1.31 trillion (regular market: +IDR 1.23 trillion, negotiated market: +IDR 84.6 billion). The largest foreign inflows in the regular market were recorded by BBCA (IDR 321.1 billion), BRMS (IDR 240.6 billion), and TLKM (IDR 219.3 billion), while the largest outflows came from GOTO (IDR 130 billion), HMSP (IDR 50.8 billion), and ANTM (IDR 46.1 billion). Top gainers included BREN, BRMS, and GOTO, while top laggards were DSSA, ASII, and HEAL.

This morning, both Kospi (+1.30%) and Nikkei (+1.22%) opened higher. We expect the JCI to move up today, supported by positive sentiment from regional and global markets as well as anticipation surrounding MSCI announcement.

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RSH-251106
RSH-251106 - English

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