Market Recap
Yesterday, JCI was at a slight close, backed by the basic industry and consumer goods. JCI’s Top Gainers: Basic Industry (+1.7%), Consumer (+0.2%), Infrastructure (+0.1%).

INNI Index, in a sharp turn to JCI, declined 0,15%, held back by mining stocks, i.e. ADRO (-1.4%) and PTBA (-1.3%).

Daily Foreign & Domestic Sector Movement
Foreign inflows of IDR912 billion went into JCI as the biggest inflows of IDR436 billion targeted the banking sector. Investors retained profit-taking as Asian markets were bull and easing tensions between the US and China. JCI’s rebound was on the back of gains in large-cap. banks. i.e. BMRI’s 0.31% gain after the upgraded long-term bonds by S&P.

Oil prices notched up in Asian commodities markets along with OPEC prolonged output curbs until March 2020.

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