Market Recap
On Friday of Feb. 14, 2020, JCI ebbed, hampered by the infrastructure and banking sectors. JCI’s Top Losers: Infrastructure (-1.6%), Finance (-0.5%), Mining (-0.3%).
INNI index, as opposed to JCI, nudged up, backed by UNTR’s rally albeit globally depreciated prices of coal.
Daily Foreign & Domestic Sector Movement
After 4 days of securing foreign inflows, JCI on Friday of Feb. 14, 2020 gave up foreign capital of IDR363 billion whose largest portion of IDR263 billion was withdrawn from stocks of the banking sector. Financial Service Authority (OJK) reveals lenders’ NPL is stable as Nov. 2019 NPL stood at 2.77% or a 2.67% increase from Nov. 2018 and hovered at 2.5% in Dec. 2019. It also estimates 1Q20’s NPL to increase due to the wobbly global economic state and surging death toll of coronavirus cases.
The rupiah exchange rate for USD, meanwhile, dropped one point to 13,693.
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