The spread of COVID-19 is vicious and rapid as the death and infected cases mount. Until this week, the pandemic killed 24,000 people and infected more than 500,000 people. But, the equity market is likely to remain optimistic as the US senate finally agreed on unwinding economic aid measures of USD2 trillion to ease economic and health crises triggered by vicious COVID-19. NHKSI recommends TLKM with the target P/E of 17.1x as the mandatory online learning and work from homes until April will boost demand for traffic data.
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