First Session, JCI Falls 0.13% to 6,240
The Jakarta Composite Index (JCI) at the end of the first trading session today, Tuesday (9/3), closed down 8.29 points or 0.13% to 6,240.16.
US Economic Stimulus Puts Gold Price in Pressure
On Tuesday's trading (9/3) the price of gold is seen under pressure by moving in the range of US$1650-1720 per troy ounce, triggered by high yields on US government bonds, especially long-term tenors, which put pressure on the precious metal prices.
BI Survey: Retail Sales Seen Contracting 0.7% MoM in February
Bank Indonesia's survey predicts that retail sales will still contract in February 2021, as reflected in a weakening Retail Sales Index (RSI) of 0.7% (MoM) or lower than the previous month's contraction of 4.3% (MoM).
JCI Opens Down 0.46% at 6,219
The Jakarta Composite Index (JCI) in trading this morning, Tuesday (9/3), opened down 31.74 points or 0.46% at 6,218.85.
Indo Tambang Raya Allocates US$40.5 Billion for 2021 Capex
PT Indo Tambangraya Megah Tbk (ITMG) allocates US$40.5 million for capital expenditure (capex) this year.
Indo Tambangraya Eyes Coal Output, Sales at 19.9 Million, 22.9 Million Tons in 2021
PT Indo Tambangraya Megah Tbk (ITMG) has set targets for coal production and sales this year to range from 17.7-19.9 million tons and 20.7-22.9 million tons, respectively.
