JAKARTA (TheInsiderStories) – President Joko Widodo assesses that the COVID-19 case is in a “red light” position again and he reminds all parties not to be taken lightly. The COVID-19 task Force reported the highest number of positive cases since March with total daily cases of 2,657 people and bringing the total number of virus affected to 70,736 cases.
The toll death was 3,417 or increased by 58 people from prior day. While the number of people who have recovered increased by 1,066 to 32,651 people. Widodo ordered the ministers and local governments to be aware of this and to take immediate action.
Globally, the death toll from COVID-19 is reported to have exceeded 550,000 today. Death cases on the European Continent are still the most dominant compared to other regions and the United States (US) accounts for 25 percent of the total positive cases of 12.1 million people.
On Thursday, the US labor department reported the initial jobless claims fell by 99,000 to 1.31 million as of July 4. While, the total number of Americans claiming sustained unemployment benefits fell to 18.1 million until June 27.
Then, the Washington intends to responses the French’ digital service taxes on US technology companies including Amazon, Google, and Facebook. Targeted responses can include tariffs on wine, cheese and handbags from France and the announcement is likely to be submitted at the earliest on Friday local time.
In Asia, Singapore began to elect parliamentarians today which will then be followed by the election of a new prime minister. Then, China announced the spread of the swine flu virus and the potential to become a pandemic such as COVID-19.
Yesterday, Indonesian Rupiah strengthened 0.10 percent to 14,395 per US dollar and the Jakarta Composite Index (JCI) fell 0.46 percent to 5,052.79 compared to the previous day. This Friday, the stock index is expected to move in the range of 5,042 – 5,111 and the local currency between 14,300 – 14,400 over the Greenback.
Stocks to be watch for today are PT Telkom Indonesia Tbk (IDX: TLKM), PT Bank Central Asia Tbk (IDX: BBCA), PT Bank Rakyat Indonesia Tbk (IDX: BBRI), PT Bank Tabungan Negara Tbk (IDX: BBTN), PT Ace Hardware Tbk (IDX: ACES), PT Adaro Energy Tbk (IDX: ADRO), PT Ciputra Development Tbk (IDX: CTRA), PT Indika Energy Tbk (IDX: INDY), PT Bukit Asam Tbk (IDX: PTBA), PT Charoen Phokpand Tbk (IDX: CPIN), and PT Wijaya Karya Tbk (IDX: WIKA).
May you have a profitable Day!
Written by Linda Silaen and TIS Intelligence Team, Please Read Our News to Get More information about Indonesia