kafeinvestor
kafeinvestor
February 26, 2025 at 06:34 AM
*MARKET ROUND-OFF (26.02.2025)* (By: D'ORIGIN – Louisa Rahardjo) https://t.me/D_ORIGIN https://bit.ly/IGorigin https://originaturuang.com/07 *"JCI Reverse Gains as Foreign Sell-Offs Continue"* The Jakarta Composite Index (JCI) closed the first trading session in the red on Wednesday, despite a promising opening with 1% gain. Overall, the index has faced continued pressure from foreign sell-offs since the start of the week, with substantial net sales recorded over the past two days. *_JCI declined 23.16 points (0.35%) to 6,563.93, while the LQ45 index fell 6.59 (0.88%) to 741.10._* Trading volume reached 8.922 billion shares with a transaction value of 4.958 trillion rupiah, including 398 billion rupiah from negotiated deals. Market activity recorded 218 stocks rising, 373 declining, and 191 unchanged. In the currency market, the JISDOR slipped 3 points (0.02%) to 16,303 against the U.S. dollar, while the spot exchange declined 50 points (0.31%) at 16,320. *Global Markets* *_Asian stocks were mixed, with Chinese stocks jumping on reports of a gradual U.S. tariff increase under Donald Trump, while sharp declines in Japanese shares pressured other regional equities._* A Reuters poll showed that the Bank of Korea is expected to lower its base rate by 25 basis points, advancing the move by a month, to support South Korea's struggling economy amid heightened political uncertainty. *Commodities* Oil prices climbed, bouncing off two-month lows hit in the prior session, after an industry group reported U.S. crude stockpiles fell last week. Gold prices inched higher after hitting a one-week low in the previous session, as uncertainties stemming from U.S. President Donald Trump’s tariff plans dampened risk appetite and boosted demand for safe-haven bullion. *Global indexes* NIKKEI.. 37,969.38 (-0.7%) HSI.. 23,708.83 (+2.93%) SHCOMP.. 3,367.39 (+0.64%) TAIEX.. 23,310.02 (+0.1%) KOSPI.. 2,640.88 (+0.4%) S&P/ASX 200.. 8,240.70 (-0.14%) SENSEX.. 74,602.12 (+0.2%) STI.. 3,907.71 (-0.21%) DOW FUT.. 43,757.00 (+0.19%) S&P FUT.. 5,992.75 (+0.38%) NASDAQ FUT.. 21,267.75 (+0.56%) --------------

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