JCI was rebound due to the mining stocks’ gains and a flood of domestic inflows into the miscellaneous industry. JCI’s Top Gainers: Mining (+5.1%), Basic Industry (+1.1%), Infrastructure (+0.5%).
INNI Index climbed 0.63% as the demand for thermal coal supplies by Chinese authorities kept mining stocks’ gains in check. Besides, ANTM made 6.3% gains, backed by rising prices of gold and USD depreciation.
Daily Foreign & Domestic Sector Movement
On Tuesday (06/26), JCI finished its trading day by posting foreign inflows of IDR426 billion as the banking and consumer sectors recorded foreign inflows of IDR207 billion and IDR199 billion, respectively. JCI’s yesterday bullish favor was in sharp contrast to its bearish Asian peers. Investors take a wait-and-see approach as they anticipate the meeting between Trump and Xi at G-20 in Japan.
Meanwhile, the trade and miscellaneous industry cheered domestic inflows of IDR39 billion and IDR10 billion, respectively.
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