Market Recap
JCI won a 3-day rally streak, backed by the banking and basic industry sector. JCI’s Top Gainers: Mining (+1.4%), Basic. Ind. (+1.0%), Finance (+0.8%).
INNI Index rallied, backed by pharmaceutical stocks, i.e., KAEF and KLBF.
Daily Foreign & Domestic Sector Movement
JCI cheered foreign inflows of IDR547 billion thanks to the US-China settled trade deals and China’s Nov. positive economic data, i.e., industrial production data and retail sales surpassed the consensus. JCI’s banking sector were also buoyant, for it received foreign inflows of IDR125 billion with BBRI and BBCA won the largest transactions of IDR258 billion and IDR208 billion, respectively. A glance at commodities, prices of WTI crude oil and Brent rallied after the US stockpiles of crude depleted.
Meanwhile, the rupiah exchange rate for USD edged up 0.09% to 13,997.
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