Market Recap
JCI was bearish, subdued by a decline in consumer goods stocks. JCI’s Top Losers: Consumer (-1.5%), Trade(-1.2%), Basic Industries (-1.0%).

INNI Index, as did JCI, closed 0.33% lower due to a 3.6% drop in UNTR. Heavy machinery, Komatsu, posting declining sales of 20.13% to 1,917 units in IH19 dragged UNTR lower.

Daily Foreign & Domestic Sector Movement
JCI once again recorded foreign outflows of IDR280 billion and domestic outflows of IDR103 billion and IDR54 billion from its infrastructure and banking stocks after 8 straight days of loss. Most of Asia bourses were at tepid close as global investors retain wait-and-see stance and anticipate FOMC’s monetary policy to be decided on Wednesday (07/31). Besides, the Indonesia rupiah’s exchange rate against USD weakens 0.11%.

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