As the Eid Al-Fitr holiday approaches, JCI is expected to still move in the reasonable consolidation range, with only 2 trading days scheduled. The lack of positive sentiments tends to cause the daily transaction volume to stay low. Bank Indonesia will release the result of Consumer Confidence Index (CCI) survey for the April 2021 period, with the last figure was recorded at 93.4. As a note, Indonesia’s CCI has not been able to return to the Optimistic Zone since March 2020.
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