Wall Street still managed to continue its four consecutive days of rally. The increase was triggered by the technology sector with huge market caps such as Apple, Facebook, and Amazon. Meanwhile, investors have also started to anticipate the release of Q3/2020 financial report releases.
In the domestic market, after closing higher on the first day of PSBB transition phase yesterday, investors will pay close attention to the Bank Indonesia’s Board of Governor’s meeting decision today. Although moving towards the bullish trend, JCI today is prone to a decline after rallying for the past week. Meanwhile, market participants will also look closely at the open gap that happened yesterday in the 5057-5078 area.
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