Market Recap
JCI closed higher backed by the basic and banking industries. JCI’s Top Gainers: Basic Ind (+3.3%), Agriculture (+2.5%), Misc. Industry (+2.4%).
INNI index advanced 0.86%, as did JCI. INNI’s big move was supported by INCO’s hike of 4.0%. Jokowi urged the use of electric cars whose one of its spare parts are batteries is a boost for INCO.
Daily Foreign & Domestic Sector Movement
JCI cheered foreign inflows of IDR265 billion. The Indonesian rupiah’s exchange rate for USD is slightly appreciated at 0.08%. large-cap. consumer goods, i.e. INDF and UNVR alluring foreign inflows of IDR35.7 billion and IDR27 billion, respectively.
Besides, infrastructure and consumers stocks gained domestic funds of IDR51 billion and IDR43 billion, respectively.
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