Market Recap
JCI rallied, backed by the banking and basic industries. JCI’s Top Gainers: Basic Ind(+1.2%), Mining (+0.7%), Finance (+0.4%).
INNI index nudged up 0.33%, backed by INTP (+2.5%). The relocation of administrative headquarters is a positive catalyst for INTP, for it has cement plants located in Tarjun, South Kalimantan.
Daily Foreign & Domestic Sector Movement
JCI posted foreign outflows of IDR221 billion, with the cement subsector posted the biggest outflows of IDR106 billion. Another to large-cap. banking stocks, BRPT also posted foreign inflows of IDR21 billion. BRPT and its parent entity, TPIA, strengthened on Thursday’s trading session at 0.55% and 0.86% respectively. It is a signal of promising petrochemical outlook. The agricultural and banking sectors posted domestic outflows of IDR980 billion and IDR142 billion.
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