MARKET REVIEW
Wall Street closed higher as strong results from SpaceX and Super Micro Computer revived optimism over AI demand. The S&P 500 rose 0.58%, the Nasdaq gained 1.05%, and the Dow Jones added 0.69%. In Europe, the EuroStoxx 50 climbed 1.40%, while the FTSE 100 edged up 0.19%.
Brent crude rose 1.17% to USD 110.09/barrel after a drone attack on Saudi Aramco’s Shaybah field and Ukrainian strikes on Russian oil infrastructure. Gold slipped 0.31% to USD 4,130/oz as oil-driven inflation worries lifted rate-hike bets. Nickel jumped 3.70% to USD 16,100/ton on hopes of Chinese production cuts in Indonesia.
The JCI closed up 0.94% to 5,328 yesterday after Bank Indonesia held the BI-Rate at 5.75%. The rupiah stood at IDR 18,005/USD, while foreign investors posted net sells of IDR 71 billion. Today, investors will weigh Wall Street’s AI-led gains, Brent near USD 110/barrel and lingering MSCI reclassification concerns.
NEWS HIGHLIGHTS
- ARNA – 9M26 Profit Rises 22%
- ASSA – Secures IDR 500bn BCA Loan
- BNGA – Weighs Free Float Options
- CTRA – Books IDR 7.59tn Marketing Sales
- DSSA – Acquires Five Data Centers
- MBSS – Starts IDR 200bn Buyback
- MDLA – Forms IDR 180bn Dialyzer JV
- MLIA – Rebuilds Flat Glass Furnace
- PJAA – 9M26 Profit Falls 57%
- TOBA – Secures SGD 555mn Waste Investment
Regards, Aldiracita Research
