Wednesday, May 22, 2019
Home Investor Corner

Investor Corner

JAKARTA (TheInsiderStories) – Indonesian General Election results have not yet affected the Jakarta Composite Index (JCI) and the Rupiah exchange rate in the long term, although since the end of last year JCI has decreased to 5.74 percent. While Rupiah is not able to move from Rp14,000 level, said...
JAKARTA (TheInsiderStories) - The Jakarta Composite Index (JCI) closed up 1.38 percent to 5,907.12 from the previous day which dropped 1.17 percent to 5,826.87. For today, the composite index is predicted will strengthen to 5,789-5,977, said Indosurya Sekuritas. Top Gainers On Monday, the top gainers were PT Radana Bhaskara Finance Tbk (IDX:...
JAKARTA (TheInsiderStories) – Indonesian oil and gas holding, PT Pertamina budgeted investment funds worth of US$1.9 billion for the exploration and development of 98 Upstream Oil and Gas projects in 2019, said a senior officer last week. In an official statement, director for upstream Dharmawan Samsu, said that the investment constitutes...
JAKARTA (TheInsiderStories) – S&P Global Ratings views Indonesian corporate rating having a good prospect after general elections with a little risk of operation, but not the main catalyst for operations. "Election mostly neutral for corporate credit dynamic. Less event risk but not a major catalyst for operations," said Xavier Jean, Senior Director...
US-China Trade Battle Hits Global GDP as Negative for 2-3 Years
JAKARTA (TheInsiderStories) – People's Bank of China (PBoC) warned that uncertainty caused by friction and trade tensions between the United States (US) and China could have a negative impact on the global economy, it said in its latest report on monetary policy implementation in first quarter 2019 last week. According...
Indonesia Assesses the Policy of Financial Liquidity Loan Collaboration
JAKARTA (TheInsiderStories) — Indonesia Finance Minister Sri Mulyani Indrawati officially submitted state revenue and expenditure budget draft for 2020 to House of Representatives, on Monday (05/20). In the draft, macro assumptions set are not much changing compared to the challenging 2019. In the macro assumption, the government set 2020’s economy...
JAKARTA (TheInsiderStories) - The surprise election victory of Scott Morrison’s Liberal-National Coalition in the Australian national elections held on 18th May reflected a mandate from the Australian electorate for sound fiscal management and a return to fiscal surpluses under the Coalition government’s medium-term Budget outlook. While the Labor Party had also...
JAKARTA (TheInsiderStories) - Statistics Japan shows that the country' economy advanced unexpectedly by 0.5 percent quarter-on-quarter in the three months to March of 2019, easily beating market expectations of a 0.1 percent contraction and after a downwardly revised 0.4 percent growth in the previous period, a preliminary estimate showed. The...
JAKARTA (TheInsiderStories) - Delicate situation of oil price made Saudi Arabia recommended oil producer countries to gently driving oil inventories down. It sees no need to boost production quickly now, with oil at around US$70 a barrel, as it fears a price crash and a build-up in inventories. Saudi Energy Minister Khalid...
JAKARTA (TheInsiderStories) - The Jakarta Composite Index (JCI) closed at 5,826.87 in Friday' trading, weakening 1.17 percent from the previous day, which closed up 0.59 percent to 5,930.27. For today, the composite index is estimated to strengthen at 5,800-5,900, said Reliance Sekuritas. Top Gainers On Friday, the top gainers were PT...
JAKARTA (TheInsiderStories) – Indonesian government renegotiated the Masela block' plan of development (PoD) with Japan' Inpex Corporation, said the minister on Thursday (05/16). With this effort, its expected the giant gas block can operate soon. Minister o Energy and Mineral Resources Ignasius Jonan explained the meeting was focused on to get the best...
Indonesian Bank to Maintain Benchmark Rate at 6% and Implements Mix-Policy
JAKARTA (TheInsiderStories) – Bank Indonesia (BI) accelerated the issuance and transactions of commercial bond instruments as a source of non-banking short-term funding, said the deputy today (15/17). It aims to encourage domestic demand and support the infrastructure of commercial bonds issuance and transactions. According to deputy governor of BI Dody...
JAKARTA (TheInsiderStories) – PT Astra International Tbk (IDX: ASII) infrastructure developer' ASTRA Infra through PT Astra Tol Nusantara officially acquired 44.5 percent of PT Jasamarga Surabaya Mojokerto (JSM) shares to strengthen the investment portfolio in the Trans Java toll road. The company hold the Surabaya  -Mojokerto toll road concession in East Java. President...
JAKARTA (TheInsiderStories) - Bank Indonesia (BI) noted that foreign capital outflow from Indonesia on May 13-16 reached Rp11.3 trillion (US$784.72 million), consisting of Rp7 trillion from the government bond and Rp4 trillion from shares trading. Governor of Bank Indonesia Perry Warjiyo revealed a large number of foreign capital outflows due...
JAKARTA (TheInsiderStories) - Indonesia’s state-owned energy producer, PT Pertamina will increase refinery capacity to 2 million barrels per day on the modernization and construction of Pertamina's Refinery Development Master Plan (RDMP) and Grass Root Refinery (GRR). This figure has doubled from the current capacity of 1 million barrels per day. Pertamina's...
Indonesia Assesses the Policy of Financial Liquidity Loan Collaboration
JAKARTA (TheInsiderStories) — Indonesia state budget deficit swelled to Rp101 trillion (US$7billion) in April, almost twice higher than Rp54.9 trillion in the same period last year. Finance Minister Sri Mulyani Indrawati, in a press conference Thursday, explained that Indonesia’s revenue collection was Rp530.7 trillion, while the expenditure reached Rp631.78...
JAKARTA (TheInsiderStories) - United States (US) President Donald Trump gives another pressure on China to reach a trade deal. Trump signed an order to restrict access for Huawei Technologies Co., into the US market and suppliers. Shortly afterward, the US Commerce Department said it had put Huawei and 70 of...
JAKARTA (TheInsiderStories) – Indonesian toll road developer,  PT Waskita Karya Tbk (IDX: WSKT) raised funds Rp1.84 trillion (US$128.67 million) from a bond issuances. While, its subsidiary PT Waskita Toll Road (WTR), added paid-up capital around Rp2 trillion and placed cash to PT Citra Waspphutowa in the amount of Rp61 billion. WSKT...
JAKARTA (TheInsiderStories) - The Jakarta Composite Index (JCI) closed down 1.42 percent to 5,895.74 from previous day which weakening 1.42 percent to 5,969.86. For today, the composite index is estimated lowering atthe range 5,811-5,853, said PT Binaartha Sekuritas. Top Gainers The top gainers on yesterday' trading were PT Jasnita Telekomindo Tbk...
JAKARTA (TheInsiderStories) - Moody's Investors Service ("Moody's") has assigned Baa2 ratings to the proposed senior unsecured yen-denominated notes to be issued by the Government of Indonesia (Baa2 stable). The six planned drawdowns have maturities ranging from three to 20 years. According to the terms and conditions available to Moody's, the notes...
JAKARTA (TheInsiderStories) - Indonesian government has raised ¥177 billion (US$1.62 billion) funds from six series of Samurai bond sales, finance ministry reported today (05/16). This make the Indonesia become the biggest issuance of such bonds by an Asian country. Ministry of Finance (MoF) sold the Japanese-currency-denominated bonds with 3 to 20-year maturities...
JAKARTA (TheInsiderStories) – Indonesia' balance of payments (BoP) recorded a surplus of US$2.4 billion in in the first quarter (1Q) of 2019, the central bank reported today. This inline with the larger capital and financial account surplus of $10.1 billion and the current account deficit (CAD) of $7 billion  or 2.6...
Consumer Confidence Index Decline in March 2019
JAKARTA (TheInsiderStories) - Bank Indonesia (BI) decided to maintain the benchmark interest rate, BI 7 days reverse repo rate at 6 percent. It is in line with global and domestic economic conditions. Governor of BI Perry Warjiyo explained, some central banks have begun to loosen the macroeconomic policies, but it...
S&P Ratings: Indonesian Developers Potentially to Downgrade This Year
JAKARTA (TheInsiderStories) - International rating agency Standard & Poor’s Global Ratings (S&P) stated that Indonesia' Gross Domestic Product (GDP) is considered to be far better due to the investment and infrastructure development. The rapid infrastructure development is good for investment and for economic growth, the agency said. Kim Eng Tan,...
JAKARTA (TheInsiderStories) - The recent round of tariff slinging between the United States (US) and China has sparked emerging market (EM) foreign exchange weakness again, which should keep Bank Indonesia 7 Days Reverse Repo (BI 7-DRR) rate on hold for now, said ING in the latest report. Nicholas Mappa, ING Senior...
Trump Declared National Emergency, Us Retail Sales Dropped
JAKARTA (TheInsiderStories) – Cooling tension on trade war appeared, when United States (US) President Donald Trump said he would meet Chinese President Xi Jinping late June at the G20 Summit in Japan. The higher tension between the world' largest economies, sending shivers through global markets. China on Monday (05/06), announced higher...
IHS Markit: US-China Trade War Escalates Again as Truce Collapses
JAKARTA (TheInsiderStories) - The combined impact of the United States (US) - China technology war and the escalating US-China trade war is clouding the outlook for the Chinese economy amidst signs that domestic economic growth momentum also softened in April, according to IHS Markit in its official statement today. "Weak...
JAKARTA (TheInsiderStories) - Indonesia's thermal emission quality regulation has been revised by the Ministry of Environment and Forestry in April, but environmental organizations consider the revision of this rule, especially for coal plants, still weak. Greenpeace Indonesia and BaliFokus or Nexus3 at a press conference on Thursday (05/16) assessed that...
JAKARTA (TheInsiderStories) - The Jakarta Composite Index (JCI) closed down 1.49 percent to 5,980.88 from the previous day gained 0.34 percent to 6,091.64. JCI is estimated to increase around 5,960-6,123 for today, said Indosurya Sekuritas. Top Gainers On Wednesday, the two top gainers were PT Bliss Properti Indonesia Tbk (IDX: POSA)...
JAKARTA (TheInsiderStories) — Investors responded negatively the trade balance data and pulled out from Indonesian financial market on Wednesday (05/15). Foreign investors recorded net sales of Rp447.48 billion (US$31.39 million) in all markets. The negative sentiment has bring the Jakarta Composite Index (JCI) dropped below 6,000 and Rupiah near to...