Indonesian Market Recap
JCI moved lower on Friday as investors awaited the release of U.S. job data on Friday night. Top Losers: Misc Industries (-0.90%), Consumer (-0.61%), Finance (-.39%).

Today’s Outlook: Stable Growth in US Employment
Today we estimate JCI to rally with the support range of 6392-6403 and resistance range of 6485-6491. From global, the positive sentiment comes from the release of the U.S. job data on Friday night. Although there was the hike of 313,000 in job, the unemployment level settled at 4.1%. Markets previously estimated that the unemployment level was potential for the decline of 4.0%. It indicates that the pressure form inflation and the hike in wages are insignificant yet.

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