The Dow Jones closed sharply at the market closing last week. The increase of COVID-19 positive cases have caused states such as Texas and Florida to re-impose the restrictions. Meanwhile, the latest banks stress test results in the US have also caused the financial sector to fall.
Domestically, JCI movememts at the beginning of the week is weakening due to the minimum domestic sentiments towards the end of the second quarter. Over the past week JCI fell by 0.77% with a net foreign sell of IDR2.2 trillion.
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