■ State asset fund Danantara has issued IDR 50 trillion in patriot bonds to finance renewable energy and other strategic projects.
■ Freeport-McMoRan will divest 12% of its stake in PT Freeport Indonesia to the government, and as part of the agreement, will also finance the construction of two schools and a hospital in Papua.
■ On Wednesday (1/10), JCI closed +0.34% higher at 8,071.1 with foreign investors posting net sell of IDR 1,366.1 billion in the regular market and IDR 54.3 billion in the negotiated market.
■ According to Relative Rotation Graph (RRG), all long-term yields above 10 years remain in the leading quadrant. Meanwhile, tenors below 10 years are lagging behind the 10-year benchmark, except for the 9-year. To date, all tenors continue to experience weakening momentum compared to the 10-year benchmark.
■ We recommend INDOGB bonds such as FR81, FR75, FR70, FR67, FR59 and INDOIS: PBS35, PBS22, PBS21.
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.