Global stock markets closed mixed on trading (18/01/2021), while the US stock market was closed. Investors received positive news from China’s economic growth data that exceeded consensus expectations. However, it is feared that the continuing increase in Covid-19 cases will further complicate economic recovery.
Domestically, the strengthening of the JCI at the beginning of this week was marked by declines in second and third tier stocks reaching the lower limit (Auto Reject). This indicates that market players are returning to large cap stocks. Today JCI is expected to move in the range of 6,316-6,472.
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