All three major US indexes continued their record closings in trading (26/07). Investors were set on mega-cap technology stocks ahead of the scheduled release of financial performance this week. From the commodity sector, oil prices remain stable amidst the potential decline in demand due to the spread of the delta variant; offset by low levels of supply.
From the domestic market, the JCI started the week flat with foreign investors posting a net sell of IDR 243 billion. Market participants still tend to wait and see
amid the lack of new positive sentiment while waiting for more companies to release their performance in semester I/2021. Technically, today JCI has the opportunity to decline with a range of movement at 6,000 – 6,166.
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