JAKARTA (TheInsiderStories) – Good Morning! The United States (US) Senat declared President Donald Trump not guilty of two counts of impeachment submitted by the House of Representatives. Democrat party lead by Nancy Pelosi has accused Trump abusing power for personal gain and disrupting Congress’ investigations about it.
Today, Bank Indonesia will publish a consumer survey index report for January 2020. In December the index stood at 124.6.
At the same day, President Joko Widodo will lead a limited meeting on a one map policy. He also will give a briefing to the national coordination meeting on handling forest and land fires at the State Palace.
Coordinating minister for politics, law and security, Machfud MD, has schedule to visit the place of Indonesian citizens who have been repatriated from China in Natuna Island. While, coordinating minister for maritime and investment, Luhut Panjaitan, has agenda to meet John Murton, British’ special envoy for COP262 in his office.
He will also lead a coordination meeting on maritime regulations. Then, communication and information minister, Johnny Plate, is scheduled to attend a work meeting on a number of communication issues with members of the House of Representatives.
In addition, the Confederation of Indonesian Trade Unions will rally in front of the ministry of health to reject the increase in health insurance contributions which officially rose as of Jan. 1, 2020. For this reason, federation urges the government to immediately cancel the policy.
The Council of Palm Oil Producing Countries (CPOPC) will hold a Forum on 3-MCPD and GE to support food safety and public health in Jakarta. Coordinating Minister for the Economy Airlangga Hartarto is scheduled to open the event.
This meeting aims to respond to regulations that are being processed at the European Union regulatory institutions regarding two separate limits on the amount of 3-MCPD and 3-MCPD ester fats in vegetable oils, as well as being a platform for sharing information and lessons from mitigating efforts to form 3-MCPD and GE in the industrial supply chain.
On Wednesday, Indonesian Rupiah ended up 0.18 percent at the level of 13,690 per US Dollar and the Jakarta Composite Index rose 0.95 percent to 5,978.51 compared to previous day. Today, some analyst rated the exchange rate might strengthen in the range of 13,675 – 13,750 over the Greenback and the stock index between 5,940 – 6,150.
The observers viewed, Corona outbreak remained a focus because the death toll on mainland China rose to 492 with 24,324 peoples infected. The World Health Organization has expressed confidence that the spread of the virus can be overcome because 99 percent of cases are in China.
Beijing has injected around RMB1.7 trillion (US$243.55 billion) fresh funds into the financial system in an effort to support its economy. In addition, more airlines and countries issued travel bans to China this week, while factories were not operating and shops remained closed.
From Britain, Prime Minister Boris Johnson assured the market that Britain’ exit from the European Union is clear evidence that the public wants to be independent. This must be supported by the bloc and the international community.
Some analysts recommended PT HM Sampoerna Tbk (IDX: HMSP), PT Astra International Tbk (IDX: ASII), PT Bank Central Asia Tbk (IDX: BBCA), PT Bank Rakyat Indonesia Tbk (IDX: BBRI), PT Bank Negara Indonesia Tbk (IDX: BBNI), PT Bank Mandiri Tbk (IDX: BMRI), PT Telkom Indonesia Tbk (IDX: TLKM), PT Adaro Indonesia Tbk (IDX: ADRO), PT United Tractor Tbk (IDX: UNTR), PT Chandra Asri Petrochemical Tbk (IDX: TPIA), PT Jasa Marga Tbk (IDX: JSMR), PT Gudang Garam Tbk (IDX: GGRM), PT Unilever Indonesia Tbk (IDX: UNVR), and PT Indofood CBP Sukses Makmur Tbk (IDX: ICBP) stocks to be watch for today.
May you have a profitable day!
Written by Linda Silaen and TIS Intelligence Team, Please Read Our Insight to Get More information about Indonesia