Market Recap
JCI ended 20 August’s trading at a tepid close. JCI’s Top Gainers: Basic Ind. (+1.3%), Infrastructure (+0.8%), Property (+0.6%).

INNI index nudged up 0.20% as SMGR made a 2.7% increase. After taking over PT Solusi Bangun Indonesia Tbk (SMCB), SMGR’s national market share increases to 53.1%.

Daily Foreign & Domestic Sector Movement
JCI recorded little foreign capital outflows of IDR104 billion. Foreign investors bought TLKM and posted capital inflows of IDR171.9 billion after TLKM announced its plans to take over an e-commerce platform and buy 3,000 towers of PT Indosat Tbk. The foreign inflows succeeded to boost TLKM to 1.40% on 19 August’s trading session. Meanwhile, the Indonesian rupiah’s exchange rate for USD strengthened by 0.32%.

The infrastructure and banking sectors posted domestic outflows of IDR137 billion and IDR54 billion from their respective portfolios.

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