The movement of JCI in the next week may potentially be influenced by some domestic sentiments. From the economic data release, market participants will pay close attention to the routine data at the beginning of the month such as the inflation rate of January 2022, which consensus projects to break through 2% YoY. Meanwhile, the Manufacturing PMI data is expected to stay in the expansive zone as it has been since September 2021. Investors will also wait for more companies to release their yearly financials, while observing the number of Covid-19 cases in Indonesia.
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