The S&P 500 and Nasdaq Index closed significantly higher, while the Dow Jones rose slightly. Investors are starting to take positions ahead of the release of performance data for several major companies this week. Meanwhile, news of the Covid-19 vaccine from Oxford University also became a positive catalyst.
Domestically, the JCI movement was restrained by the weakening of Rupiah against US Dollar, which had redeemed IDR14,800 /USD. However, news of the development of the Covid-19 vaccine and the agreement on a new stimulus package are expected to be able to hold the pace of the index down.
Download full report HERE.
