MARKET REVIEW
Wall Street ended mixed on Monday, with memory chip stocks under selling pressure ahead of major bank earnings. The S&P 500 slipped 0.06%, the Nasdaq lost 0.44%, and the Dow Jones rose 0.38%. In Europe, the FTSE 100 gained 0.99% and the EuroStoxx 50 added 0.45%.
Brent crude eased 0.61% to USD 106/barrel after three straight gains, as recovering Persian Gulf exports offset supply fears from strikes on Riyadh’s airport and tanker attacks near Hormuz. Gold fell 0.60% to USD 4,166/oz, weighed by a firm dollar ahead of this week’s US inflation data.
The JCI closed down 2.59% to 5,936, its lowest in three months, as selling hit all sectors, led by utilities and energy, amid MSCI concerns. The rupiah stood at IDR 17,903/USD, while foreign investors posted net buys of IDR 128 billion. Today, investors will weigh Middle East tensions, a firm dollar and US inflation data.
NEWS HIGHLIGHTS
- BEI – Sanctions 70 Late Filers
- BEI – HSC List Reaches 67
- Mining Sector – 3Q26 Exploration Spend
- ARCI – Reports High-Grade Drill Results
- ASII – Car Sales Climb 12.6%
- BUMI – Addresses Kideco Takeover Rumour
- BYAN – Jhonlin Deal Keeps Control
- DEWA – Gayo Drilling Still Suspended
- NINE – Plans 2.44bn-Share Rights Issue
- TOWR – Protelindo Pays IDR 200bn Dividend
Regards, Aldiracita Research
