JAKARTA (TheInsiderStories) – Good Morning! The statistic bureau has an agenda to announce March’ inflation data and the latest information tourism numbers today. The consumer price index is expected to experience inflation in the third month of 2021, higher than the previous month at 1.38 percent and in annual basis at 2.50 percent.
While, transportation minister, Budi Karya Sumadi, announced that the joint team has finally located the cockpit voice recorder (CVR) of the Sriwijaya Air SJ182 jet that crashed into the waters around the Thousand Islands, Jakarta. According to the National Transportation Safety Committee head, Soerjanto Tjahjono, it requires one week to read the CVR.
The agency will transcribe and match it to the other one of the ill-fated plane’ black boxes, the flight data recorder has found in January. Then, the Jakarta provincial government targeted to resume face-to-face learning activities in April 7. In the first stage, the education agency planned to reopen 100 schools.
On Balongan oil refinery fire blaze, PT Pertamina reported have been successfully extinguished. Now, the state firm continued to cool down the site and conduct monitoring until all areas are declared safe and will prepare to start up the operation of the tank.
In addition, the members of the Security Council of United Nation condemned in the strongest terms the heinous and cowardly terrorist attack that took place at Makassar Church in Indonesia. The council reaffirmed that terrorism in all its forms and manifestations constitutes one of the most serious threats to international peace and security.
In Europe, German Chancellor, Angela Merkel, and French President, Emmanuel Macron, discussed possible cooperation on vaccines with Russian President Vladimir Putin. The Kremlin said, they had discussed the outlook for Russia’ Sputnik V vaccine being registered across the European Union and the potential deliveries and joint production of the vaccine inside the region.
In addition, the European Commission vaccination is progressing steadily in the block. By the end of this week, 107 million vaccine doses will have reached European Union countries.
In the United States (US), President Joe Biden outlined his US$2 trillion infrastructure plan. Among other initiatives are to spend on modernizing 20,000 miles of roadway, fixing 10,000 bridges, and installing 500,000 electric-vehicle charging stations, among other initiatives. He also aims to open the vaccine program to 90 percent of American adults by April 19 at the start of the week.
On Wednesday, Indonesian Rupiah closed down 0.35 percent to 14,520 per US Dollar and the Jakarta Composite Index (JCI) was corrected in 1.42 percent to 5,985.52 positions compared to previous day. Foreign investors posted net sales of Rp1.03 trillion in the Indonesia Stock Exchange’ regular market.
The analysts rated, the high demand for foreign exchange by the corporate has affected the financial market. In addition, the strengthening of the Greenback is supported by accelerated US vaccinations and the planned major stimulus package.
With this information, the Rupiah is expected to move in the range of 14,530 – 14,590 and the JCI between 5,870 – 6,030. Stocks to be watch are PT Bank Central Asia Tbk (IDX: BBCA), PT Bank Rakyat Indonesia Tbk (IDX: BBRI), PT Tower Bersama Infrastructure Tbk (IDX: TBIG), and PT Telkom Indonesia Tbk (IDX: TLKM).
Then, PT Gudang Garam Tbk (IDX: GGRM), PT Vale Indonesia Tbk (IDX: INCO), PT Indofood CBP Sukses Makmur Tbk (IDX: ICBP), PT Aneka Tambang Tbk (IDX: ANTM), PT AKR Corporindo Tb (IDX: AKRA), PT Unilever Indonesia Tbk (IDX: UNVR), and PT HM Sampoerna Tbk (IDX: HMSP).
May you have a profitable Day!
Written by Linda Silaen and Editorial Team, Please Read Our News to Get More information about Indonesia