JAKARTA (TheInsiderStories) – Good Morning! China, Japan and South Korea released the Trilateral Cooperation Vision for the Next Decade and the Trilateral + X Cooperation Early Harvest Projects during the leaders meeting in Chengdu. The three sides also agreed to continue close communication and cooperation for the denuclearization of and a permanent peace on the Korean Peninsula.
In Indonesia, coordinating minister for the Economic affairs, Airlangga Hartarto, will hold a meeting on food sectors. He also scheduled to meet the Indonesian National Air Carriers Association to find the solutions to the challenges of the air transportation business.
In addition, the transportation ministry will announces the foreign investment under a public private partnership scheme in the development of the Komodo airport in East Nusa Tenggara.
On Commodity sector, nickel ore shipments from Indonesia to China were 3.33 million tones (MT) in November, up 7 percent from 3.11 MT in previous month, which was the highest since January 2014, and up 143 percent from a year earlier. Overall, the second largest economy imports fell 12.5 percent in November from the previous month.
While, oil price rise on the cold winter season. Brent crude oil increased $0.81 to stand at $67.20, while the price of Light crude oil at the New York Mercantile Exchange rose $0.59 to trade at $61.11.
Last Tuesday, Indonesian Rupiah closed down 0.01 percent to 13.979 a US dollar and the Jakarta Composite Index (JCI) Today Indonesian currency is estimating move in the range 13,940 to 14,000 over the American Dollar and the stock index between 6,123 – 6,336.
The stocks to be watch PT Astra International Tbk (IDX: ASII), PT HM Sampoerna Tbk (IDX: HMSP), PT Bank Negara Indonesia Tbk (IDX: BBNI), PT Bank Central Asia Tbk (IDX: BBCA), PT Jasa Marga Tbk (IDX: JSMR), PT Kalbe Farma Tbk (IDX: KLBF), PT Mayora Indah Tbk (IDX: MYOR), and PT Unilever Indonesia Tbk (IDX: UNVR).
May you have a profitable day!
Written by Linda Silaen and TIS Intelligence Team, Please Read Our Insight to Get More information about Indonesia