kafeinvestor
kafeinvestor
June 3, 2025 at 05:51 AM
*MARKET ROUND-OFF (03.06.2025)* (By: D'ORIGIN – Louisa Rahardjo) https://t.me/D_ORIGIN https://bit.ly/IGorigin https://originaturuang.com/07 *"JCI Slips Amid Foreign Outflows on Weak Economic Signals"* The Jakarta Composite Index (JCI) remained under pressure as foreign investors continued to pull funds from the market. On Monday, net foreign outflows reached Rp2.81 trillion, bringing the year-to-date total to Rp48.01 trillion. The index has been in a downward trend for the past two trading days, driven by a series of weak economic indicators from Indonesia that have raised concerns over the country’s economic outlook. *_The JCI slightly declined by 0.856 point (0.01%) to 7,064.213, while the LQ45 slipped 0.1 point (0.01%) to 795.85._* Trading activity saw 15.347 billion shares exchanged, with a total transaction value of Rp8.36 trillion, including Rp378 billion from negotiated trades. Market breadth showed 272 gainers, 317 losers, and 212 stocks unchanged. In the currency market, Bank Indonesia’s official JISDOR reference rate added 3 points (0.02%) to 16,297 per U.S. dollar. Meanwhile, the spot rupiah fell by 65 points (0.4%) to 16,305. *Global Markets* Asia-Pacific markets traded mixed after China’s manufacturing activity in May shrank at the fastest pace since September 2022, a private survey showed. The Caixin/S&P Global manufacturing purchasing managers’ index came in at 48.3, missing Reuters’ median estimate of 50.6 and dropping sharply from 50.4 in April, as a sharper decline in new export orders highlighted the impact of prohibitive U.S. tariffs. Hong Kong shares soared after Finance Secretary Paul Chan reaffirmed the city’s full-year GDP growth forecast of 2% to 3%, citing stronger-than-expected Q1 data. *Commodities* Oil prices rose in early Asia trade on concerns about supply, with Iran set to reject a U.S. nuclear deal proposal that would be key to easing sanctions on the major oil producer, and with production in Canada hit by wildfires. Gold prices retreated from near a four-week high, as a modest rise in the dollar weighed on the metal, although uncertainty over the U.S.-China trade agreement kept investors cautious and limited the bullion’s decline. *Global indexes* NIKKEI.. 37,492.64 (+0.06%) HSI.. 23,420.36 (+1.13%) SHCOMP.. 3,363.48 (+0.48%) TAIEX.. 21,165.06 (+0.77%) KOSPI.. 2,698.97 (+0.05%) S&P/ASX 200.. 8,457.90 (+0.52%) SENSEX.. 81,454.44 (+0.1%) STI.. 3,889.44 (-0.03%) DOW FUT.. 42,204.00 (-0.4%) S&P FUT.. 5,924.00 (-0.39%) NASDAQ FUT.. 21,459.25 (-0.35%) -------------

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