JCI was in the red for four days in a row. JCI’s Top Losers: Basic Ind. (-4.3%), Misc. Ind. (-2.3%), Agri. (-1.9%).
INNI Index’s all across stocks were virtually bearish, with stocks of the mining industry led the losses.
Daily Foreign & Domestic Sector Movement
Foreign investors still pulled out their funds of IDR1.7 trillion on Wednesday’s trading session of Feb. 26, 2020. Their fears of the global shattered state left JCI with a massive sell-off. ASII also declined by 2.81% as the flood to sweep Jakarta and greater areas caused production volume to tumble. On the other side, the positive sentiment of higher revision to benchmark purchasing prices of broiler meat and eggs for farmers as cited in the Regulation of Minister of Trade No.7/2020 fails to strengthen poultry stocks.
The rupiah exchange rate for USD was depreciated by 0.38% to 13,940.
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