Weekly Report | 21 Feb 2022
JCI’s movement this week may potentially inch closer to the psychological level of 7,000, after successfully booking its
JCI’s movement this week may potentially inch closer to the psychological level of 7,000, after successfully booking its
Wall Street ended last week (18/02) with a decline; thus, the three major indexes contracted during the last 2 weeks.
Geopolitical Sentiment Hits Rupiah Again. Yesterday, the rupiah in the spot market weakened 0.5% to the level of IDR
Wall Street closed with significant losses on (17/02), marked by sharp declines in all three major indexes. US President
Rupiah Appreciation Supports SUN Benchmark. The rupiah strengthened against the US dollar after easing tensions in
US stock markets closed mixed on (16/02); with the S&P 500 slightly higher, while Dow Jones and Nasdaq fell. The
Wall Street closed with a significant rebound on (15/02), marked by strengthening in all three major indexes. Investors
External Sentiment and Rising Oil Prices. Investors tend to be wary of external pressures, especially tensions between
The downward trend in the US stock market continued at the beginning of the week (14/02), with the S&P500 closing by