Yesterday, JCI bottomed as the banking and infrastructure sectors impeded its movements. JCI’s Top Losers: Mining (-1.1%), Consumer (-0.9%), Infrastructure (-0.6%).
INNI index slowed, as did JCI, due to declines in coal miners, i.e. ADRO (-2.5%), and PTBA (-2.3%). July’s coal benchmark plunged at its bottom since September 2018 portrayed the coal mining murky outlook.
Daily Foreign & Domestic Sector Movement
JCI saw IDR213 billion worth of foreign money to leave its portfolios. Japan’s titfor-tat measures against Seoul’s tech industry caused Asia markets to close lower.
Domestic investors fled their money of IDR67 billion and IDR38 billion from the agricultural and miscellaneous industries, respectively.
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