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Indonesia Market Recap JCI edged down, held back by the infrastructure sector. JCI’s Top Losers: Agriculture (-2.9%), Mining (-1.7%), Infrastructure (-1.7%). Likewise JCI, INNI index dipped as its sectors, excluding banking and miscellaneous, virtually gave up gains. |
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Daily Foreign & Domestic Sector Movement JCI recorded foreign inflows of IDR79 billion and witnessed foreign investors’ interest in the banking sector as they spent their funds of IDR110 billion on banking stocks. Although the announcement of the main managing stockholders of PT Bank Ina Perdana Tbk (BINA)–President Director of PT Indofood Sukses Makmur Tbk (INDF) Anthoni Salim and the owner of Bali United (BOLA) Pieter Tanuri was just officially released, BINA ended Wednesday’s trading of Jan. 15 flat. Aside from JCI, Asia markets were in the red zones as the US announced to actively impose tariffs on Chinese goods until the US presidential election. The rupiah exchange rate for USD dropped slightly by 0.11% to 13,695 USD. |
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