Indonesia Market Recap

JCI ended lower, subdued by the infrastructure and basic industry sectors. JCI’s Top Losers: Agri. (-2.2%), Infrastructure (-1.0%), Mining (-0.8%).

On Thursday’s trading of Jan. 02, ALLI was INNI index’s top loser as it gave up a 2.2% gain. In 2020, AALI plans to allocate CapEx for cultivating oil-palm plantation.

Daily Foreign & Domestic Sector Movement

JCI opened the first day of 2020 by posting foreign inflows of IDR170 billion; the banking sector gave the largest proportion of foreign inflows amounting to IDR310 billion. Likewise JCI, Asia markets rallied backed by easing monetary to boost the lagging economy, the signing of US-China trade deals on Jan.15, 2020.

The rupiah exchange rate for USD was depreciated at 0.19% to 13,893.

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