US stock exchanges closed in the red on trading (06/04/2021), marked by slight decline in the three major markets. The decline that occurred looked normal after the strengthening rally that has brought the stock markets to new record highs. Optimism in welcoming the reopening of the economy can be seen from rising stocks in the airline and shipping industry.
Domestically, yesterday’s rebound in the JCI managed to bring the benchmark index back above 6,000. The rally was led by the mining sector, which has been pressured to the oversold area for some time. Today, investors will observe the release of Foreign Exchange Reserves position for March and its impact on the movement of the Rupiah exchange rate.
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