Morning Chatter

 

KBVS MORNING CHATTER
Thursday, 30 April 2026

Headline News :
•    AGII – Net profit grew significantly in 1Q26
•    ESSA – Booked a net profit of USD18.75 mn in 1Q26
•    CMNP – 1Q26 net profit grew 15.1% yoy
•    MDIY – 1Q26 net profit grew 35.5% yoy
•    AVIA – 1Q26 net profit grew 12.5% yoy
•    TLDN – Revenue grew 6.8% yoy in 1Q26
•    GIAA – Accelerates digital ticket sales via GOTF
•    UNTR – Net profit fell to IDR642.8 bn in 1Q26
•    CDIA – Net pofit declined to USD8.4 mn
•    KAQI – Accelerates its massive branch expansion

Market Commentary :
US equities closed mixed on Wednesday (Dow -0.57%, S&P500 -0.04%, Nasdaq +0.04%), as markets navigated a complex mix of macro and geopolitical drivers, including a divided Federal Reserve and rising crude prices. The Fed held rates steady (3.5%-3.75%) in its most split decision since 1992, adding incremental uncertainty to the policy outlook. Chair Jerome Powell signaled continuity in leadership while reiterating a data-dependent stance.
The US dollar strengthened following the decision, as markets recalibrated expectations on the timing and magnitude of potential easing. The DXY rose 0.3% to 98.94, while the euro (-0.3% to USD1.1675) and poundsterling (-0.3% to USD1.3472) weakened.
Oil prices surged sharply, driven by escalating geopolitical tensions after President Donald Trump reaffirmed that the US will maintain its naval blockade on Iran until a nuclear agreement is reached. This has heightened supply disruption risks in an already tight market, prompting a swift repricing across crude benchmarks. Brent crude rose ~6% to USD118.03/bbl, while WTI gained ~7% to USD106.88/bbl. European equities closed lower, with the Stoxx600 down -0.7%, as investors digested a heavy earnings calendar alongside macro uncertainty following the UAE’s unexpected exit from OPEC.
Yesterday, the JCI rose +0.41% to 7,101.23, supported by TLKM, GOTO and BREN, despite foreign net outflows of IDR1.19 tn. Today, Asia-Pacific markets are poised for a weaker open, with futures pointing to declines across Hong Kong, Australia and Japan. Meanwhile, the JCI could close lower amid higher global oil prices and a stronger USD index.

Regards,
KBVS Research Team

 

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