Morning Chatter

KBVS MORNING CHATTER
Wednesday, 01 July 2026

Headline News:
•    MTEL  – To disburse IDR25.6 per share in cash dividends, a 4.7% dividend yield
•    NCKL – To disburse IDR2.7 tn in dividends
•    UNTR – 5M26 Komatsu sales down 28.05% YoY
•    AMFG - To disburse IDR34.72 bn in dividends
•    WIFI – To disburse IDR10.6 bn in dividends with changes in the management
•    HERO – Guardian store expansion
•    DLTA – To disburse cash dividend of IDR144.91 bn from  FY25 Net Profit
•    MICE - Focuses on brand expansion and product innovation in 2026F
•    KAEF - Responds to SIAC arbitration ruling and posts IDR123.6 bn 1Q26 net profit

Market Commentary:
US indices closed higher on Tuesday (30/6); the DJIA rose +0.26% to set another closing record, the S&P 500 gained +0.79%, and the Nasdaq jumped +1.52%, as investors assessed a remarkable run-up in chip stocks, including Nvidia (which rose +2.6% on the day), Advanced Micro Devices (+7.7%) and Intel (+6%). Meanwhile, US Treasury 10Y yields rose +8.7 bps to 4.461%, and USD index rose +0.06% to 101.17. On the data front, the latest JOLTS data showed job openings rose by 9,000 to 7.6 mn by the end of May, beating consensus forecast of 7.3 mn.

In commodities, crude oil continued its decline to end its worst quarter since 2020, with Brent crude falling -0.31% to USD72.9 per barrel and WTI slipping -1.77% to USD69.5 per barrel, amid concerns regarding oversupply following the surge in traffic through the Strait of Hormuz.

European markets also closed higher, with the STOXX 600 gaining +0.88% on the back of tech rally. On the data front, German inflation eased to 2.4% in June, lower than May’s 2.7% and consensus’  2.5%, driven by lower energy prices.  

Asian markets closed mixed; KOSPI gained +0.97% and Nikkei 225 rose +0.86%, while Hang Seng declined -0.63%. JCI plunged -3.05% to 5,643 with net foreign sell of IDR1.0tn, while the rupiah slipped -0.31% to IDR17,907/USD, Looking ahead, the JCI may receive some boost from positive sentiment from global and regional markets.

Regards, 
KBVS Research Team

 

Please click download button below for full report.

Download