Market Recap
JCI was at a tepid close, suppressed by the banking and basic industries. JCI’s Top Losers: Basic Ind (-0.9%), Property (-0.7%), Finance (-0.4%).
INNI index, unlike JCI, attained a 0.14% gain as consumer goods stocks, INDF and GGRM, respectively advanced 1.8%.
Daily Foreign & Domestic Sector Movement
Yesterday, JCI attracted inflows of IDR281 billion. From the domestic highlights, markets are still awaiting BI’s monetary policy to be announced on Thursday (07/18). Although the Fed has signaled a cut rate, BI still has not responded to the signal due to a cautious reading on Indonesia’s trade balance.
Meanwhile, domestic investors spent their money of IDR73 billion and IDR30 billion respectively on the infrastructure and mining sectors.
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