Market Recap
JCI was rebounding, backed by the consumer and infrastructure sectors. Top Gainers JCI: Mining (+1.9%), Misc. Industry (+1.5%), Consumer (+1.2%).
Aligning with JCI, INNI Index nudged up 0.86%, pursuant to today’s outlook that we penciled in yesterday. The rally was backed by commodities stocks such as gold and coal amid the soaring oil prices. Meanwhile, a flood of foreign net sell outflowed from BBRI.
Daily Foreign & Domestic Sector Movement
Foreign net sell of IDR1.449 billion outflowed from JCI. The banking sector recorded the foreign net sell of IDR130 billion, triggered by the profit taking in such large-cap stocks as BMRI and BBRI. Meanwhile, foreign net sell of IDR50 billion outflowed from the mining sector.
Domestic investors also posted net sell of IDR313 billion and IDR62 billion in the agricultural and infrastructure sectors.
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