Wall Street closed in the red in trading (17/11); led by Dow Jones which fell 0.58%. Investors are watching the impact of tightening activity restriction in Europe due to the rise in Covid-19 cases. Meanwhile, crude oil prices fell to their lowest level in six weeks; amid concerns over supply over demand sentiment.

From the domestic market, the strengthening of JCI continued with an increase of 0.37%; in the midst of foreign net selling of IDR 824 billion. Market participants will wait for the announcement of the Board of Governors Meeting (RDG) of Bank Indonesia; which is projected to hold the benchmark interest rate. The JCI movement today has the opportunity to experience a technical correction in the range of 6,626-6,710.

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