Market Review
Weekly Market Review (29 June 2020) - What happened and What's Next?
Equity recorded mixed result during the past week, with SPX -2.9%WoW, DJI -3.3%WoW, while MSCI Asia ex Japan +0.3%WoW. Investors are facing a continuation risk-off sentiment as COVID-19 cases surpassed 10mn globally and resurgence cases in US, particularly in Arizona, South Carolina, Florida, and Texas. There are increasing signs that…
Weekly Market Review (22 June 2020) - What happened and What's Next?
Equities posted gains with S&P 500 +1.9% and MSCI Asia ex Japan +1.7% WoW with defensive/growth sectors outperforming financials/cyclicals/value stocks. Stronger than expected economic data driven by re-opening momentum, and continued policy support from Central Banks and policy makers remain the dominant themes driving markets higher.
Weekly Market Review (15 June 2020) - What happened and What's Next?
Equites started the week on a strong footing following a strong payroll US data from the week before. However, gain was erased after the Fed meeting which indicated a grim outlook for economy recovery and increasing concern on potential second wave. As a result, global indexes ended lower with S&P…
Weekly Market Review (8 June 2020) - What happened and What's Next?
Global indexes rally across the board again, with SPX +4.9%WoW, DJI +6.8%WoW, and MXASJ +7.4%WoW. The market rally is now broadening to include some of the laggards, such as financials and deep cyclicals that are more geared to the economic recovery.
Weekly Market Review (2 June 2020) - What happened and What's Next?
Global indexes ended the week higher with S&P 500 gaining +3.0% WoW, DJI +3.8% WoW and Asia ex-Japan +2.4%. The positive sentiment was supported by the risk-on mode as investors focuses on re-opening of the economy. Improving global economic data such as PMI, new home sales, durable and capital goods…
Weekly Market Review (26 May 2020) - What happened and What's Next?
• Global indexes ended the week with gains as the market largely shrugged off rising US-China tension and remained optimistic on coronavirus and businesses reopening. US equities are increasingly pricing in a reopening of the economy. Trump stated that the country would not shut down again if there is second…
Weekly Market Review (18 May 2020) - What happened and What's Next?
Global indexes in negative territory across the board on Fed's Powell's solvency warning and risks of Trump slapping China with additional tariffs. Powell warned that US recovery could take until end of 2021 or until vaccine is discovered. Further, Powell added that weak economy recovery could turn liquidity crisis into…
Hari Libur Bursa dan Cuti Bersama “Idul Fitri 1441 H” dan Hari Libur Bursa “Kenaikan Isa Al-Masih”
Dengan Hormat,
Pertama-tama kami mengucapkan banyak terima kasih atas kepercayaan Bapak / Ibu yang telah berinvestasi pada produk reksa dana PT. Batavia Prosperindo Aset Manajemen (BPAM) selama ini.
Menunjuk Pengumuman Kalender Libur Bursa Tahun 2020 yang dikeluarkan oleh Bursa Efek Indonesia maka disampaikan bahwa Hari Libur Bursa dan Cuti Bersama…