Market Recap
Yesterday, JCI was at a tepid close as the banking and consumer sectors put strains on it. JCI’s Top Losers: Basic Industry (-1.8%), Consumer (-1.2%), Trade (-1.2%).

INNI Index snapped lower 1.00% as JCI did. That was attributable to declines in mining stocks, i.e. (-3.5%) and ANTM (-3.2%).

Daily Foreign & Domestic Sector Movement
Yesterday, JCI recorded foreign outflow of IDR143 billion. From global highlights, India imposed retaliatory levies on the U.S. products. It was India’s measures against the U.S. tariffs on steel and aluminum imported by India. The tit-for-tat tariffs war exaggerated global trade gloom and heightened investors’ fears.

Domestic investors pulled their money of IDR285 billion from the trading sector and IDR72 billion from the banking sector.

Download full report HERE.