Market Recap
JCI was rebound on Friday of Nov. 29, backed by the banking and infrastructure sectors. JCI’s Top Gainers: Infrastructure (+2.3%), Finance (+1.5%), Misc. Ind. (+1.3%).
INNI index was rebound, backed by JSMR, the infrastructure stocks, posted a 7.6% gain.
Daily Foreign & Domestic Sector Movement
On Friday’s trading of Nov. 29, JCI was vulnerable to foreign outflows of IDR219 billion with the banking sector accounting for IDR62 billion worth of foreign outflows. Conversely, TLKM secured foreign inflows of IDR62 billion after President Director of Telekomunikasi Indonesia affirmed the company’s promising outlook along with an additional number of towers and data centers. A glance at commodities, Gold Feb’2020 Futures Price picked up 0.21% to USD1,463 per troy ounce after the US-China tension re-escalated.
Meanwhile, the rupiah exchange rate for USD dropped 0.16% to 14,114.
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