Morning Chatter

KBVS MORNING CHATTER
Friday, 17 April 2026

Headline News :
•    UNTR – Distributing IDR1,096 per share final dividend
•    PRAY – Opens Primaya Rajawali Hospital in Bandung
•    TLDN – A IDR701.0 bn cash dividend distribution for FY25
•    BOLT – Targets a 15% yoy net profit growth in 2026
•    AADI - Plans IDR5 tn buyback
•    MSIN - RCTI+ - Vision+ integration
•    INTP – Establishing JV with Mondi Industrial Bags
•    LPPF – A IDR556.8 bn cash dividend distribution for FY25

Market Commentary :
US indices closed higher yesterday (16/04); DJIA (+0.24%), S&P 500 (+0.26%) and IXIC (+0.36%) driven by market' optimism that the worst of the Middle East conflict had passed after Israel agreed to a temporary ceasefire with Lebanon and US President Donald Trump indicated the US and Iran could meet again on the weekend. While, the US labor market reported that its weekly initial jobless claims were better than anticipated at 207k (vs 213k). Thus, USD index rose to 98.22, but US 10-Y bond yield fell to 4.275%, yesterday. 
In Europe, the STOXX 600 closed sideways (-0.05%) yesterday, amid continuing hopes for an imminent resolution to the Iran war as EU uses the natural gas imported from energy sites in the Middle East. On economy, EU' CPI grew 2.6% yoy/1.3% mom in Mar'26, which was slightly above market' anticipation. While, EU' core CPI  mom and 2.3% yoy/0.8% mom or in-line with market' expectation. Furthermore, UK reported its GDP that grew 1% yoy/0.5% mom which was in-line with market' expectation. In commodities, oil prices moved higher yesterday, with Brent crude and US WTI rising to USD99.39 per barrel and USD94.69 per barrel, respectively, as the Strait of Hormuz remains closed with the new US blockade on ships departing from or heading to Iranian ports.
Indices in Asia closed mixed yesterday, while JCI closed sideways (-0.03%), with IDR982.31 bn net foreign outflows. Today, the JCI could continue to close lower due to stronger USD vs IDR and higher global oil prices, amidst the geopolitical tensions in the Middle East.

Regards, 
KBVS Research Team

 

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