The S&P 500 and Nasdaq once again recorded new closing records on (01/09/2020) which were supported by increases in technology stocks such as Apple and Zoom. In addition, the market also welcomed the release of US manufacturing data which rose to level 56 for the August 2020 period.
In line with the movement of global markets, the JCI also received positive impact from the PMI data for Indonesian manufacturers, which returned to the expansion area at level 50.8. After experiencing quite high fluctuations in the last 2 days, JCI today tends to consolidate with a more limited movement.
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