The Dow Jones surged 3.19% to 22,327 as s Merck & Co and Johnson & Johnson rallied by 7.28% and 8.00%. The US government to extend the physical distancing regulation until April 2020 as a mandatory approach to contain the virus vicious spread was a potent driver for the Dow Jones. In the domestic realm, the Financial Service Authority (OJK) unwinds stimulus and holds accommodative policies to the pension fund after injecting stimulus to banking and financing companies. The OJK stimulus upholds financial system stability and economic growth amid the virus lethal threats.
Download full report HERE.