All three major US indexes closed higher on the first trading day of 2022, led by Nasdaq, which rose 1.2%. Trading activity at the beginning of the year was also marked by Apple, which became the first company with a market capitalization of USD 3 trillion. In general, market sentiment is still optimistic that the surge in
Covid-19 cases will not disrupt the economy.

JCI started 2022 with an increase of 1.27%; supported by foreign net buys of IDR 344 billion and gains in 9 sectoral indices. Statistics Indonesia (BPS) recorded inflation last December at 0.57%; meaning inflation throughout 2021 reach 1.87%. For today, the benchmark index is projected to strengthen again with a higher range of movement at the level of 6,650 – 6,750.

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