SUN market movement for a week, amidst the policy of restricting homecoming activities. A number of market players consider this policy to erase the momentum of increasing public consumption, which accounts for 57% of the national economy. As for external sentiment coming from the US, Joe Biden is considering almost doubling the investment capital gains tax to 39.6%. This applies to large-income segments of society to finance child subsidies and education in Biden’s American Family Plan. This speculation has prompted investors to divert their funds from the US capital market, although the release of financial reports for a number of issuers is projected to be good. If the policy is realized, there will be a potential for capital inflow to developing countries such as Indonesia.
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