Weekly Report | 28 November 2022
Big Tech. not yet able to convince investors, as the Technology Sector depreciated by 6% for the week. Investors are
Big Tech. not yet able to convince investors, as the Technology Sector depreciated by 6% for the week. Investors are
Wait and See ahead of the BI 7DRR release, and the fading inflation effect makes the JCI remain flat within the week.
US inflation is flattening. The high base of inflation in 2021 and the disinflation of several goods and services
Rupiah depreciation amid Cadev’s downward trend. Beside the fourth FFR +75Bps increase in November, JCI pressure was
Big Cap. Earning Results sustained the JCI's psychological level of 7,000. Investors' selective interest in Big Cap.
The Non-Cyclical Consumer has become a priority amid high inflation. For a week, Non-Cyclical Consumers strengthened by
Consumer Non-Cyclicals Resilience Vs. JCI weakened by 3%. The Non-Cyclicals Consumer sector was able to bear up or rose
US economy Resilient, ready for 4% FFR. The US labor market is solid, the Unemployment Rate drops to a low of 3.50%; and
Bearish market closed Wall Street 3Q22, more than 20% decline started to occur on Nasdaq (April), then S&P500 (June)