Wait and See, welcoming the month of Window Dressing. The lack of sentiment in economic data last week, domestically and globally, led investors to immediately anticipate manufacturing and inflation data in November, which was released Thursday. The data shows that Indonesia’s PMI Manufacturing is approaching contraction, indicating that the increase in BI 7DRR +175Bps YtD impacted domestic consumption. Meanwhile, Indonesia’s Headline Inflation in Nov. was maintained at 5.42% YoY (Vs. Oct. 5.71%) amidst high global inflation pressure. JCI’s movement during the week, ahead of the end of the Lock-Up Period, one of the Big Cap. Tech stocks increase the number of free-float stocks of this large-cap technology on the exchange.
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