Market Recap
On Monday (12/23), JCI snapped higher, backed by the mining sector. JCI’s Top Gainers: Mining (+3.1%), Consumer (+0.7%), Finance (+0.5%).
Likewise JCI, INNI index pointed higher as BBRI posted a 2.1 % gain after securing foreign inflows.
Daily Foreign & Domestic Sector Movement
Ahead to the Christmas holidays, JCI still booked foreign inflows of Rp423 billion with BBRI and BMRI posting the largest foreign inflows of Rp285 billion and Rp236 billion, respectively. In addition, such mining shares as BYAN (+ 18.84%), ADRO (+ 2.6%), INCO (+ 1.12%), ARII (+ 10.6%) rose amid weakening global coal prices. Unlike JCI, Asia stock markets closed lower due to a decrease in stock exchange transactions and limited foreign exchange market movements. The rupiah exchange rate against the US dollar depreciated slightly by 0.01% to the level of 13,979 per dollar.
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