Equity SNAPSHOT Monday, August 31, 2020
Equity SNAPSHOT Monday, August 31, 2020 FROM EQUITY RESEARCH KEY INDEX KEY INDEX Chg Ytd Vol Chg Ytd Vol Danareksa Research Institute: Inflation Outlook Aug 2020 Close Close : Slow Pace of Growth (%) (%) (US$ m) (%) (%) (US$ m) Improvements in economic activity remain weak after the relaxation Asean - 5 Asean - 5 of large-scale social distancing restrictions and the realization of Indonesia 5.347 (0,5) (15,1) 489 Indonesia 6,134 0.1 (1.0) 318 government stimulus to encourage household consumption. As such, Thailand 1.323 (0,3) (16,2) 1.765 Thailand 1,568 (0.1) 0.2 1,454 the increase in household expenditure has not been significant. Philippines 5.884 (0,6) (24,7) 170 Philippines 7,855 (0.3) 5.2 87 Weak household expenditure was behind the decline in basic food Malaysia 1.525 (1,9) (4,0) 1.335 Malaysia 1,562 (0.5) (7.6) 338 prices. Given this backdrop, we extimate that inflation will reach Singapore 2.540 0,8 (21,2) 877 Singapore 3,173 (0.5) 3.4 908 0.02% mom or 1.49% yoy in August 2020. Regional Regional To see the full version of this report, please click here China 3.404 1,6 11,6 76.051 China 2,885 0.3 15.7 28,889 Hong Kong 25.422 0,6 (9,8) 21.345 Hong Kong 26,391 (0.2) 2.1 9,093 Adaro Energy: Fine tuning our estimates Japan 22.883 (1,4) (3,3) 15.015 Japan 23,380 (0.6) 16.8 10,278 (ADRO.IJ IDR.
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