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…

• 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…

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…

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…

Global indexes ended the week with a gain as Covid-19 news development and policy easing boosted investors’ confidence. Stock rose on Wednesday after Gilead showed that its drug remdesivir reduced the time it takes for patients to recover by 31%. In addition, the Fed held the rates at the effective…

Global indexes in negative territory through the week due to weak economic data result (Global flash PMIs, German IFO & ZEW, US jobless claims, etc) and high volatility in oil price. WTI oil price has collapsed with the futures contract May expiry falling below USD 0, although it rebound in…

Global indexes rallied last week as positive momentum continues with the continuing evidence that new coronavirus cases have peaked. S&P500 and MSCI Asia-exJ recorded +3.0% WoW and +2.8% WoW, respectively. Investor confidence improved as number of countries are embarking on “exit strategies” to gradually open their economies including the US…

US equities saw the sellers returned and led the indexes into negative territory with industrial and utilities stocks were the worst performers (DJIA-2.7%WoW, S&P-2.1%WoW). President Trump warned of a painful projection for coronavirus deaths will reinforce fears for extended shutdowns that spur more declines in US output and employment. Meanwhile,…