Market Recap
JCI’s close higher, underpinned by the banking and industry sector. JCI’s Top Gainers: Misc. Industry (+0.9%), Finance (+0.6%), Agriculture (+0.4%).
INNI Index notched up 0.11%, backed by ANTM’s buoyance (+1.6%) as yellow metal’s price moved higher. Gold-buying binge was attributable to investors’ anxieties about wobbly global economic outlook.
Daily Foreign & Domestic Sector Movement
On Friday (06/28), JCI received foreign inflows of IDR9.2 trillion with the banking sector posted the biggest inflows of IDR400 billion. Siam Cement Group Limited ploughed IDR9.6 trillion into the acquisition of PT Fajar Surya Wisesa Tbk (FASW). FASW is a paper maker with a positive outlook as the demand for papers is upbeat.
Besides, the domestic investors posted inflows of IDR31 billion and IDR14 billion in the banking and agricultural sectors.
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