US stock markets scored another new record highs in trading (15/04/2021), marked by Dow Jones closing above 34,000 for the first time. The release of economic data and financial report of the 1st quarter which was higher than expected, confirmed the fast economic recovery. US retail sales rose 9.8% in March, while weekly jobless claims fell drastically to 576,000.
From the domestic market, the release of the March trade balance, which showed an increase in export-import activity, succeeded in helping the JCI to continue rally. Foreign investors also posted another net buy for the second day in a row. Towards the end of the week, JCI will still be overshadowed by profit taking with a range of movements at 5,950 – 6,113.
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