JCI’s movement this week will be mostly dominated by domestic sentiments. Investors will pay close attention to the plan on extending emergency PPKM which was supposed to end on July 20, 2021; as well as the number of Covid-19 cases that continues to break record highs. Meanwhile, Bank Indonesia is still scheduled to hold the Board of Governors Meeting (RDG); where consensus predicts the central bank to maintain BI-7DRRR at 3.5%.
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