Market Recap
JCI was rally along the end of an 8-consecutive-day streak of net foreign sell and the rupiah appreciation. Top Gainers: Basic Industry (+1.61%), Property (+1.02%), Mining (+0.64%).
Daily Foreign & Domestic Sector Movement
Foreign investors’ inflows of IDR450 flooded the automotive, consumers, and banking sector, securing the biggest net buy of IDR347 billion. Foreign investors cautiously digest BI’s Board of Governors Meeting holds for two days, from 20/02/19 to 21/02/19 and await the outcome: the fundamental basis of investing their funds in Indonesia.
Meanwhile, domestic investors spent the net buy of IDR58 billion on the poultry sector. They target buy-on-weakness on JPFA’s stocks, corrected lower by 5.3% yesterday.
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