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Indonesia Market Recap JCI inched higher yesterday, underpinned by the agricultural sector and the rise in CPO price. Top Gainers : Agriculture (+2.2%), Misc. Industry (1.2%), Finance (+1.2%). INNI Index, on Thursday, nudged up at 0.21% along with JCI’s rally, backed by the significant rally in agricultural stocks such as LSIP (+9.2%) and AALI (+4.2%). |
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Daily Foreign & Domestic Sector Movement Yesterday’s foreign inflows amounted to IDR731 billion with the basic industry—the cement industry in particular—secured the net buy of IDR93 billion. SMGR’s 1.84% rally due to its 2018’s steep profits, coupled with rising revenues were catalysts for yesterday’s inflows. Indeed, the banking sectors posted foreign inflows Meanwhile, domestic inflows worth IDR73 billion poured into the coal sector as domestic investors are sanguine about the possible rise in coal amid a decline in global coal price. |
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