Market Recap
JCI ended volatile sessions at flat closing thanks to the top performance of the infrastructure sector and further massive foreign net buy. Top Gainers: Misc. Industry (+1.27%), Infrastructure (+1.26%), Mining (+1.08%).
Daily Foreign Sector Movement
Foreign investors posted the net buy of IDR1.1 trillion for the banking sector, automotive sector, and telecommunication sector. The substantial foreign net buy on the three sectors portrayed the interest in investing in Indonesia.
Meanwhile, domestic investors posted the net buy of IDR63 billion for mining stocks due to the edging-higher price of coal. The backdrop drove domestic investors to perform short-term trading on mining stocks.
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