Equity World, New York - US Equity Index (US) scored record highs, with the market value on the S & P 500 reached US $ 20 trillion. This triggered investors are speculating if the tax cuts promised President Donald Trump will boost the US economy.
Reuters page launch, Dow Jones Industrial Average ended up 0.7 percent to 20412.16 points, while the S & P 500 gained 0.52 percent to 2328.25 points and the Nasdaq Composite Index increased 0.52 percent to 5763.96 points. The financial index S & P 500 jumped 1.1 percent. Gains in one of which occurred in Citigroup rose 2.3 percent. The increase also occurred in the industrial sector amounted to 1 percent. These two sectors have seen benefit a lot from Trump policy. On Thursday last week, Trump will make an announcement promising huge tax within the next few weeks. This statement adds fuel for the market to advance, which previously stalled amid concerns about the potential impact of the tightening of protectionist trade stance and lack of clarity on policy reforms other Trump. The S & P 500 has risen about 9 percent since the US election on November 8, boosted expectations if Trump is going to lower taxes for companies, as well as regulations for banks and rise in infrastructure spending. Trump is also known to have held a meeting with senior executives of the company car and Silicon Valley technology. "Day by day, company executives from various industries were brought to the White House to consult with the president. Business seems to be back in control, and I think that's why people are willing to pay a little more for the stock," said Jamie Cox, managing partner at Harris Financial Group in Richmond, Virginia. Indeed, the strengthening of economic data in recent weeks supported by the results of company performance optimism. "What underlies all of Trump's rhetoric is that the fundamentals of the world, including the US, the better," said Brent Schutte, Head of Investment Strategy at Northwestern Mutual Wealth Management. As for the other stocks that rose, as Apple rose 0.9 percent to close at a record high for the first time since 2015. While stocks fell is Verizon Communications, which fell 0.9 persen.Kemudian AT & T were down 1.8 percent, T-Mobile and Sprint fell 2.4 percent shrinkage of 1.3 percent. Approximately 6.3 billion shares changed hands on US exchanges, below the 6.7 billion daily average for last 20 sessions. read Gold Prices Go Down Induced Strengthening Dollar | Equity World
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Equityworld Futures - A large physical markets in Asia were mixed this week Indian jewelry demand for the wedding season while higher prices deter buyers elsewhere.
Premium over the spot price in India rose to $ 3 per ounce this week from about $ 2 weeks earlier, which indicates demand optimistic. In Hong Kong and Singapore, they fell slightly to between 80. Silver was up 1.56 percent at $ 17.92 per ounce, while palladium rose 1.5 percent to $ 781.65. Platinum lost 0.39 percent to $ 1,007.85, after touching the highest since October 3 on Thursday at $ 1,008.30. Analyst Vibiz Research Center estimates that the price of gold has the potential to move weak if the US dollar continues to strengthen triggered Trump tax policy plan. The gold price is expected to move within the range Support $ 1.232 - $ 1.230, and if the price rises will move in a range Resistance 1.236 - $ 1.238. read Gold Prices Rise Triggered Action Bargain Hunting | Equityworld Futures PT Equityworld, Jakarta - rate Composite Stock Price Index (CSPI) has the potential to weaken limited to trading this Friday. Sentiment economic data such as the current account Indonesia affect the rate of JCI.
Analyst William Suryawijaya said, the index is still moving in a consolidation range. The rate of JCI are still not able to break the resistance level of 5,411. While the level of support in 5276. "In the long run JCI map hike exposed quite clearly still in an upward trend. While in the short term they show a little depressed over the potential has not been able to hold above the resistance level," he said in his review, Friday (02/10/2017). He further said, market participants can take advantage of the chances of a reasonable correction. Analysts NH Korindo Securities Indonesia PT Bima Setiaji said, JCI will potentially weaken. One sentiment that suppress JCI Indonesia is the current account in the fourth quarter 2016 are expected to remain in deficit. But already an improvement compared to the third quarter of 2016. In addition, the property price index is expected to fall 2.4 percent in the fourth quarter of 2016 year on year (YoY) from 2.75 percent YoY in the third quarter of 2016. "This news will be potentially negative, especially in the property sector," he said. While globally, the president of the United States (US) is scheduled to meet with Japanese Prime Minister Shinzo Abe to focus investors' attention to it. By looking at it, Bima said, JCI will move in the range of 5362-5395 on Friday this week. In research PT Bahana Securities said JCI will move sideways with a strong tendency limited. JCI will move in the range of 5350-5415. For stock recommendations, PT Bahana Securities selecting stocks that could be considered include stock market participants State Savings Bank Tbk (BBTN), PT Kalbe Farma Tbk (KLBF), and PT Sri Rejeki Isman Tbk (SRIL). While William chose PT Jasa Marga Tbk (JSMR), PT Adhi Karya Tbk (ADHI), PT Bank Central Asia Tbk (BBCA), and PT Telekomunikasi Tbk (TLKM). read Action Selling And Political Situation of China Make Gold Prices Down | PT Equityworld Equity World - Indonesian retail sales late in 2016 that supported increased sales of food groups. Similarly, the release of Bank Indonesia, Wednesday (08/02).
In the Bank Indonesia website explained that the annual growth in retail sales in December 2016 grew 10.5% (yoy), higher than 9.9% (yoy) in November 2016. Bank Indonesia in January 2017, estimates that retail sales slowed to 9.5% (yoy). Slowing retail sales mainly in the food group that previously grew 10.5% (yoy) in December 2016 to 8.5% (yoy) in January 2017. On the other hand, sales of non-food group is expected to grow higher than 10.4% (yoy) in December 2016 to 10.9% (yoy) in January 2017. Bank Indonesia also indicate that in the next three months, namely March 2017, rising price pressures are expected to decline. Indications are visible from the Price Expectation Index (IEH) 3 months dropped by 0.1 points to 129.5. Meanwhile, the pressure of rising prices in the next 6 months (June 2017) is expected to increase as reflected in the next 6 months IEH of 131.7, higher than 126.8 in the previous month. read Crude Oil Prices Rise After US Supply Reduced | Equity World Equityworld Futures, New York - The price of gold rose and approached the highest level in the last three months at the close of trading on Tuesday (Wednesday morning Jakarta time). Ahrga boosted the gold is political uncertainty in the US and Europe.
To quote the Wall Street Journal on Wednesday (02.08.2017), the price of gold for April delivery closed up 0.3 percent at US $ 1,236.10 per troy ounce on the Comex Division of the New York Mercantile Exchange. The closure Score is a number the highest close since Nov. 10. The metal has gained about 7 percent since the beginning of the year. Gold price increase occurred because of the anxiety of traders in the leadership of Donald Trump in the United States (US). "Market participants are concerned with all the impact of the policies pursued by Donald Trump, who is the new US President," said Marex Spectron Precious Metals Analyst, London, David Govett. In addition, investors are also monitoring the situation in France. On Tuesday a the members of the executive board of the European Central Bank said that if France out of the euro zone it will be bad for the country. The statement from European Central Bank officials are not without cause. Previous leader of the National Front party, Marine Le Pen proposed that the French to withdraw from the euro zone if he was elected to lead the country. Outside of the political tensions, the price of gold also boosted due to a decrease in yields on government bonds futures 10 years. On Tuesday, the yield on the bond fell to 2.389 percent. Looking ahead, analysts and investors will continue to dwell on the political sentiment in the US and Europe. Both of these sentiments will greatly affect the price movement of gold. read Bring OPEC Cutting Oil Production Crude Oil Price Gains | Equityworld Futures Equity World - Japan's Nikkei Stock Exchange in early trading on Tuesday (07/02) opened weak, observed currently down -118.39 points or -0.62 percent at 18858.32. The weakening of the Japanese market weakness depressed Wall Street.
US stocks fell at the end of trading on Tuesday morning (07/02) depressed weakening crude oil, as well as cautious investors look at the policy agenda of the White House and digest the earnings reports of issuers. The Dow fell 0.09 percent, to close at 20,052.42, the highest decline in Verizon stock. The S & P 500 fell 0.21 percent, to end at 2,292.56, with the energy sector leading the sector lower nine. The Nasdaq index fell 3.21 points, or 0.06 percent, to 5,663.55. Toshiba shares in early trading 0.83 percent. The Japanese company is making business core memory chip separate company and seek outside investment, in the face of multi-billion dollar write-down on US nuclear construction business of his. Meanwhile, Japan's Nikkei index futures tracked down -100.00 points or -0.53 percent at 18.850, down from the previous closing at 18.950. Analysts had expected the Nikkei to trade weak move triggered further weakening of Wall Street. However, it should be observed movement of the Yen. Technically, the Nikkei index will move within the range of 18.359 to 17.834 Support and Resistance range from 19.350 to 19.875. also read French political instability Bring European Stocks Down | Equity World PT Equityworld - Bank Indonesia on Tuesday (31/1) released the amount of money circulating in Indonesia in December 2016 increased.
Bank Indonesia said on its website that the release of economic liquidity or money supply in a broad sense (M2) increased in December 2016. The position of M2 stood at Rp5.003,3 trillion, growing 10.0% (yoy), higher than the previous month 9.3% (yoy). While based components, increase in M2 growth came from components of the money supply in the narrow sense (M1) and the securities other than shares, each of which grew 17.3% (yoy) and 0.9% (yoy), higher than the growth in November 2016 recorded respectively by 12.5% (yoy) and 2.9% (yoy). Adapaun increase in M2 growth was mainly influenced by the expansion of the central government financial operations. At the end of the year, the financial operations of the Central Government increased, as reflected in a decrease in deposits of the central government in Banking. This condition is in line with the increase in net charges to the Central Government that at the end of December 2016 stood at Rp519,3 trillion, or 5.7% (yoy), in contrast with the previous month decreased -2.3% (yoy). Meanwhile, lending rates recorded declines and deposit interest rate futures moved varied. In December 2016, lending rates stood at 12.04%, down compared to the previous month which amounted to 12.16%. Likewise with the interest rate time deposits with tenor of 6 and 12 months decreased from respectively 7.12% and 7.40% in the previous month, being respectively 7.11% and 7.31%. read Inflation Outlook 2017 release from the Ministry of Finance Indonesia | PT Equityworld Equity World, Jakarta - rate Composite Stock Price Index (CSPI) fell slightly in early trading Thursday this week. JCI movement is opposite to the Asian exchanges rose.
In the pre-opening of trading on Thursday (02/02/2017), stock index edged down 0.14 points to 5327.02. JCI turned toward the green zone on the opening 09.00 pm. Composite Index edged up 5.22 points or 0.10 percent at 5332.85. LQ45 stock index climbed 0.01 percent to 886. Most of the benchmark stock index rose. There are as many as 90 stocks gained thus supporting JCI. However, 37 stocks fell and 80 other stock still. JCI had at the highest level and the lowest 5338.58 5326.98. Stock trading transactions recorded, among others, the total frequency of 12 051 times the trading volume of 716.7 million shares. Daily transaction value of Rp 249 billion. Foreign investors were forced to sell about USD 6.54 billion. The position of the US dollar is in the range of USD 13 375. By sector, most sectors except sector stocks gained basic industry stocks fell 0.13 percent, the stock fell 0.25 percent miscellaneous industries and sectors of infrastructure stocks slumped 0.03 percent. Sector plantation stocks rose 0.27 percent, 0.21 percent hike in the mining sector, and the sector of consumer goods stocks rose 0.27 percent. Stocks that gained include CANI shares rose 20 percent to Rp 840 per share, TRAM shares climb 4.64 percent to Rp 270 per share, and GWSA shares climb 5.47 percent to Rp 135 per share. Stocks were pressured include SMBR shares fell 2.2 percent to Rp 7,800 per share, NRCA shares slid 1.31 percent to Rp 452 per share, and the stock EXCL shrinkage of 1.4 percent to Rp 2,810 per share. In Asian markets, stock index varies. Hong Kong stock index Hang Seng down 0.19 percent at 23 270, Japan's Nikkei stock index shrinkage of 0.33 percent to a level of 19 084, Singapore's stock index slipped 0.42 percent at 3,054, and Taiwan's stock index slumped 0.10 percent to 9437 level. While the index stocks that rose include South Korea's Kospi stock index climbed 0.21 percent to 2,084. PT Mandiri Sekuritas analyst Hadiyansyah said JCI likely to strengthen in the range of 5294-5359. In yesterday's trading, research DBS Indonesia said JCI remain in the green zone and gained 0.62 percent. Seven stocks helped JCI sector led mining stock sector, industry, and finance. Foreign investors will also take action to buy USD 185 billion. But the rupiah weakening after the release of inflation data for 2017 BPS 0.97 percent higher than its projection of Bank Indonesia (BI) to 0.69 percent. Even inflation exceeds the inflation rate was also the season of fasting and Idul Fitri last year. External, weakening rupiah also caused the market is still awaiting the results of the Fed meeting, especially about the US economic outlook. read Wall Street Mixed After President Donald Trump Comment About Trade | Equity World PT Equityworld - Stocks end higher in late trading on Thursday morning (02/02) after the Federal Reserve kept interest rates unchanged, as widely expected.
The Dow Jones Industrial Average gained about 25 points, after rising more than 100 points earlier in the session, with Apple contributed the most to gain. The S & P 500 rose less than 0.1 percent, with utilities fell 1.7 percent to lead the decliners and superior health care sector. The Nasdaq composite index rose 0.5 percent after Apple jumped about 6 percent. The Federal Open Market Committee, the central bank policy makers, maintaining the overnight lending rate at 0.5 percent to 0.75 percent. Ahead of the announcement, market expectations for a rate hike is only 4 percent, according to CME Group FedWatch tool. The Fed raised rates for the second time in a decade at a meeting in December. The central bank also hinted at the possibility of three interest rate hikes this year. Analysts said the executive order of US President Donald Trump has rocked the Fed and they did not want to increase the level of aggressive as previously thought. A unanimous decision by the Fed has made it clear that the March meeting may not have much effect as well. Investors have shifted some of their focus away from the Fed and the White House, following a sharp rally after the election of President Donald Trump on 8 November. ( read In the Year 2017 Experiencing Jakarta Inflation Nearly 1% | PT Equityworld ) |
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