Daily Report | 26 April 2022
In addition to concerns about the Fed's tight monetary policy next week, investors are once again looking at the impact
In addition to concerns about the Fed's tight monetary policy next week, investors are once again looking at the impact
Investors started to observe Bloomberg’s survey for the next May’s FOMC meeting, which projects an increase to the Fed’s
Speculation of an increase in the Fed Funds Rate (FFR) by 75 bps, pressured Wall Street's stock market to fall more than
Wall Street closed lower, with the Nasdaq down by more than 2%. Technology shares are sensitive to interest rates after
Issuers' performance releases pushed Wall Street to close mixed. The Dow Jones closed up 0.71%, while the S&P 500
Optimism towards issuers' performance boosted Wall Street's strengthening, as Nasdaq rose by 2.1%. Investors are
Cumulatively, KLBF booked FY21 sales of IDR26.3 trillion or up 13.6% YoY, while FY21 net profit was at IDR3.2 trillion
Investors anticipate the impact of high inflation on a number of US issuers. Earlier in the week, Wall Street markets
Investors will await the release of the April period BI 7-DRRR which is projected to stay at its lowest level of 3.50%.