The majority of global markets closed higher leading up to Christmas last week. Investors will look at several developments that have taken place during the long holiday, including: President Donald Trump who reportedly refused to sign the stimulus package, the Agreement on Brexit between the UK and the European Union, and information about the new Covid-19 variant.
Domestically, various global sentiments will affect the JCI movement in the last week of 2020. The market hopes that there will be a potential technical rebound after last week’s decline. Today, JCI is expected to move in the range of 5,850-6,100.
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