The three major US indexes booked another record highs on (02/11). Investors appreciated the release of the Q3/2021 financial performance reports, the majority of which were better than estimated. Meanwhile, the market’s focus will shift to the results of the Federal Reserve meeting which is expected to approve the start of the tapering program by reducing the purchase of debt securities by USD 15 billion per month.
From the domestic market, JCI’s correction in early November continued with a decline of 0.91%. 10 of the 11 sectoral indexes fell, with daily transaction values lower than the previous month. For today, the movement of the benchmark index may still potentially be under pressure with a projected range of movement at 6,450-6,590.
Download full report HERE.
