US stocks closed mixed on Tuesday (4/11): DJIA +0.29%, S&P500 -0.004%, and Nasdaq -0.43%. The market wavered as investors braced for the key inflation data later this week. The UST 10Y yield went up (+0.50%) to 3.43%, and the USD Index fell to 102.15.
In the commodity market, CPO rose +1.70% to RM 3,895/ton, as did nickel (+2.13%), gold (+0.64%), coal (+0.21%), and Brent (+2.09% to USD 81.53/bbl).
EIDO closed up +0.89% to 23.70, and JCI rose +0.59% to 6,811.3, with net foreign buy of IDR 492.7 billion in the regular market and IDR 98.3 billion in the negotiated market. The largest foreign outflow in the regular market was recorded by GOTO (IDR 103 billion), followed by BMRI (IDR 55.4 billion), and INCO (IDR 21.9 billion). The largest foreign inflow in the regular market was recorded by BBRI (IDR 179 billion), followed by BBCA (IDR 165.4 billion), and ANTM (IDR 111.9 billion), and HMSP (IDR 18.1 billion). Top leading movers were GOTO, ASII, and MDKA, while the top lagging movers were ITMG, UNVR, and LPPF.
Asian stock exchanges opened mixed this morning: Nikkei +0.35%; Kospi -0.20%. We expect the JCI to move sideways today, given mixed sentiments from global and regional markets.