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Daily Market Wrap

December 18, 2024

18 December 2024
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December 18, 2024

NEWS

  • Japan's November exports recorded an increase of 3.8% YoY, above the estimate of 2.5%.
  • November US Retail Sales recorded an increase of 0.7% MoM, above the estimate of 0.6%.
  • US Industrial Production in November recorded a decline of 0.1% MoM, below estimates of a 0.3% increase.

MARKET UPDATE

  • Indonesian stock market weakened with JCI declining by 1.39%.
  • The biggest contributors: BREN (4.45%), DSSA (1.89%), CUAN (1.88%)
  • Biggest weakening contribution: BBRI (-2.35%), BBCA (-1.98%), BMRI (-2.06%)
  • Indonesian bond market weakened with ICBI declining by 0.06%.
  • The 10-year government bond yield fell to 7.06% from 7.07%.
  • The Rupiah exchange rate against the US dollar weakened to IDR16,050/USD from IDR16,019/USD.
  • Indonesia's 5-year CDS fell slightly to 73.72 from 73.77.


Source : Bloomberg, Infovesta

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This document was prepared by PT KB Valbury Asset Management based on information from reliable sources. PT KB Valbury Asset Management does not guarantee the accuracy, adequacy or completeness of the information and materials provided. PT KB Valbury Asset Management Indonesia is not responsible for any legal and financial consequences arising from actions taken based on this document, whether suffered by any person or party.