The Jakarta Composite Index on Friday (2/7) trade fluctuated again within the support range of 5,930 and resistance at 6,030

"The JCI was overshadowed by the announcement of the implementation of the Java-Bali emergency community activities restriction (PPKM) on July 3-20, 2021. This policy is an effort by the government to reduce the rate of transmission of COVID-19 in Indonesia," said Phintraco Sekuritas analyst Valdy Kurniawan in his research.

On the other hand, market participants' concerns over the potential impact of implementing an emergency on economic activity in the short term are expected to overshadow the JCI movement.

The latest domestic economic data shows a decline in the Market Manufacturing PMI to 53.5 in June 2021 from 55.3 in May 2021 and a decline in inflation to 1.33% YoY in June 2021 from 1.68% YoY in May 2021.

The data indicated a slowdown in manufacturing and consumption activity in June 2021, along with a