
kafeinvestor
June 4, 2025 at 10:05 AM
*MARKET ROUND-OFF (04.06.2025)*
*(By: D'ORIGIN – Louisa Rahardjo) *
https://t.me/D_ORIGIN
https://bit.ly/IGorigin
https://originaturuang.com/07
*"JCI Recovers Following Two-Day Decline"*
The Jakarta Composite Index (JCI) rebounded after a two-day drop, as markets anticipate the rollout of a new economic stimulus package set to launch on June 5, 2025, aimed at boosting consumer spending.
*_The JCI rose 24.21 points (+0.34%) to 7,069.04, while the LQ45 added 1.7 points (+0.21%) to 796.62._* Trading activity saw 23.40 billion shares exchanged, with a total transaction value of Rp15.32 trillion, including Rp580 billion from negotiated trades. Market breadth showed 321 gainers, 292 losers, and 192 stocks unchanged.
In the currency market, Bank Indonesia’s official JISDOR reference rate fell 17 points to 16,305 per U.S. dollar. Meanwhile, the spot rupiah appreciated 21 points to 16,285.
*Corporate News*
PT Garuda Indonesia (GIAA) is in talks with sovereign wealth fund Danantara for a potential $500 million (Rp8.15 trillion) injection to support its recovery efforts, with a deal expected by June or July. The funds may be disbursed in two stages and partly used to help Citilink reactivate over a dozen grounded aircraft.
*Global Markets*
Asia-Pacific markets rose Wednesday, led by South Korea after opposition leader Lee Jae-myung won the presidency. Meanwhile, Australia’s Q1 2025 GDP grew just 0.2% qoq, slowing from 0.6% in Q4 and missing forecasts.
European markets edged higher as investors awaited regional manufacturing data and the upcoming European Central Bank meeting, while remaining cautious amid ongoing trade uncertainty.
U.S. stock futures rose slightly as attention shifted to upcoming high-level trade talks, especially with China, amid a Wednesday deadline set by the White House and renewed tariff hikes by President Trump on steel and aluminum.
*Commodities*
Oil prices dipped slightly as rising OPEC+ output and ongoing tariff-related economic concerns pressured the supply-demand balance.
Meanwhile, gold prices climbed recovering some prior losses amid heightened geopolitical and economic uncertainty that boosted demand for safe-haven assets.
Crude Oil WTI...63.29 (-0.19%)
Brent Oil...65.53 (-0.15%)
Natural Gas...3.675 (-1.26%)
Gold...3,386.05 (+0.27%)
Silver...34.698 (+0.19%)
Copper...9,664.85 (+0.38%)
Nickel...15,454.63 (+0.16%)
*Global indexes*
STOXX 50..5,411.58 (+0.67%)
CAC 40..7,816.77 (+0.68%)
DAX..24,305.89 (+0.89%)
FTSE..8,792.78 (+0.07%)
NIKKEI.. 37.747,45 (+0.8%)
HSI..23,654.03 (+0.6%)
SHCOMP..3,376.20 (+0.42%)
TAIEX..21,618.09 (+2.32%)
KOSPI..2,770.84 (+2.66%)
S&P/ASX 200..8,541.80 (+0.89%)
SENSEX...81,013.57 (+0.34%)
STI..3,898.49 (+0.11%)
DOW FUT..42,673.00 (+0.18%)
S&P FUT..5,991.50 (+0.17%)
NASDAQ FUT.21,733.50 (+0.13%)
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