JCI movement in the last week of July will get sentiment from domestic and global. The Indonesia Stock Exchange (IDX) will announce the LQ45 index rebalancing for the August 2020 – January 2021 period. In addition, investors will also be watching the release of the 2Q20 issuer’s financial statements. From the United States, the release of preliminary data for 2Q20 GDP is scheduled to be announced on July 30, 2020, where US economic growth in this period is predicted to contract. Furthermore, the weekly jobless claim number will return as a focus after last week’s had an increase for the first time since March 2020.
Download full report HERE.