US markets booked significant gain last week with the three major markets rose significantly by more than 3%. This rally shows that investors are still optimistic that the government and Congress will reach an agreement on fiscal support package, after President Trump said he would postpone negotiations.
Along with the rally of global markets, JCI also booked an increase of 2.5% last week, as investors welcome the passage of Omnibus Law. As for JCI this week, it will be influenced by the relaxation of PSBB in Jakarta, which is back to PSBB transition phase. Meanwhile investors are also looking forward to the release of Trade Balance data and the result of Bank Indonesia’s Board of Governor’s Meeting.
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