MARKET REVIEW
Wall Street rallied, with the S&P 500 gaining 1.06%, Nasdaq advancing 1.40%, and Dow Jones rising 1.18%. European equities also strengthened as the FTSE 100 added 0.70% and EuroStoxx 50 climbed 0.32%. Asian trading was broadly firmer, led by KOSPI (+1.25%) and Nikkei (+0.84%), while Hang Seng and Sensex retreated.
Brent climbed 0.37% to USD 95.87/barrel as renewed US-Iran hostilities sustained the risk premium around potential disruption through the Strait of Hormuz. Gold eased 0.35% to USD 4,489/oz after a volatile session, while investors weighed less-hawkish Federal Reserve signals, a softer dollar, and upcoming US payroll and inflation data.
The JCI rose 1.09% to 6,668, trading between 6,615 and 6,682. Foreign investors recorded net purchases of IDR 1.1tn, while turnover reached IDR 18.6tn. The rupiah weakened 0.18% to IDR 17,660/USD.
NEWS HIGHLIGHTS
- ADHI – Contracts Reach IDR8.3tn in July
- ADHI – Merger Completion Targets End-2026
- MGLV – Funds Data Center Expansion
- SMRA – LRT Supports Township Appeal
- WINR – Raises Laxo Stake to 90%
Regards, Aldiracita Research
