*MARKET ROUND-OFF (20.06.2025)* (By: D'ORIGIN – Louisa Rahardjo) https://t.me/D_ORIGIN https://bit.ly/IGorigin https://originaturuang.com/07 *"JCI Extends Declines Amid Geopolitical Tensions"* The Jakarta Composite Index (JCI) extended its losses amid rising global uncertainty, driven by U.S. tariff talks and escalating Middle East tensions. *_The JCI declined 61.50 points (-0.88%) to 6,907.14 while the LQ45 tumbled 9.88 points (-1.28%) to 764.93._* Trading activity saw 34.39 billion shares exchanged, with a total transaction value of Rp22.55 trillion, including Rp827 billion from negotiated trades. Market breadth showed 231 gainers, 386 losers, and 190 stocks unchanged. *_In the currency market, Bank Indonesia’s official JISDOR reference weakened 21 points to 16,399 per U.S. dollar. Meanwhile, the spot rupiah rose 9 points to 16,380._* *Corporate News* PT Jasa Armada Indonesia Tbk (JAI) or IPC Marine (IPCM) will distribute a final dividend of Rp105 billion or Rp19.92 per-share for FY2024, reflecting 75.02% of its Rp166.84 billion net profit. The decision was made during the AGMS on June 18, 2025, with prior interim dividends of Rp20.05 billion already paid. Garuda Metalindo (BOLT) approved a Rp46.8 billion cash dividend or Rp20 pershare, equal to 49.5% of net profit, at its June 20, 2025 AGMS. Shareholders recorded by July 20, 2025, are entitled to the payout, with a 1.63% yield based on the stock’s opening price of Rp1,225. *Global Markets* Asia-Pacific markets were mostly rose on Friday as China held key lending rates steady and investors tracked rising Israel-Iran tensions. The People’s Bank of China maintained record-low rates as expected, while Japan’s headline inflation eased to 3.5% in May, but core inflation rose to 3.7%, the highest since January 2023. European stocks rebounded after three days of losses, despite ongoing Middle East tensions and potential U.S. involvement. Central banks took varied stances, Norway cut rates for the first time since 2020, Switzerland lowered its rate to zero, and the Bank of England held steady but signaled possible easing. This was reinforced by a sharp 2.7% drop in UK retail sales in May its steepest since December 2023 while German producer prices fell 1.2% year-on-year, matching expectations. U.S. stock futures dipped as investors monitored the second week of escalating Israel-Iran conflict. Markets were closed Thursday for a U.S. holiday. *Commodities* Oil prices fell after the White House delayed a decision on U.S. involvement in the Israel-Iran conflict, but remained on course for a third consecutive weekly rise. Gold prices fell reflecting some improvement in risk appetite after comments from the White House suggested that a U.S. strike on Iran, over the Israel conflict, was not imminent. Crude Oil WTI... 74.02 (+0.71%) Brent Oil...77.22 (-2.07%) Natural Gas...4.085 (+2.41%) Gold...3,366.10 (-1.23%) Silver...36.033 (-2.39%) Copper...9,606.85 (-0.24%) Nickel... 14,922.63 (-0.54%) *Global indexes* STOXX 50..5,246.06 (+0.94%) CAC 40..7,607.10 (+0.71%) DAX..23,281.50 (+0.97%) FTSE..8,824.20 (+0.37%) NIKKEI..38,403.23 (-0.22%) HSI..23,530.48 (+1.26%) SHCOMP..3,359.90 (-0.07%) TAIEX..22,045.74 (+0.19%) KOSPI..3,021.84 (+1.48%) S&P/ASX 200..8,505.50 (-0.21%) SENSEX..82,206.15 (+1.04%) STI..3,895.95 (+0.05%) DOW FUT..42,452.00 (-0.14%) S&P FUT..6,024.00 (-0.17%) NASDAQ FUT..21,911.00 (-0.16%) ------------