The US markets managed to close higher in trading last week, amid fewer trading days. On a weekly basis, the stock market rose more than 2%, as indicated by the Dow Jones that had touched 30,000 last Tuesday.
In line with global markets, JCI was also able to strengthen by 3.8% over the past week, supported by foreign net buy of IDR413 billion. This rally was also marked by a significant increase in trading volume. Entering the beginning of December, the JCI movement is expected to be in the range of 5,670 – 5,815.
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