JCI’s movement rate this week will be influenced by some domestic factors. Market participants will pay close attention to the development of daily Covid-19 cases which is starting to show an uptrend after the Eid al-Fitr holiday. On the economic data side, trade balance position in May is projected to book a surplus at around USD 2.2 – 2.3 billion. Meanwhile, Bank Indonesia is also predicted to maintain the BI-7DRRR at 3.5%.
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