JCI was rebound on Friday, backed by the release of Consumer Index Prices (CIP) and the positive regional economic data. Top Gainers: Consumer (+2.36%), Infrastructure (+1.32%), Property (+0.90%).
Daily Foreign & Domestic Sector Movement
Although JCI succeeded to rebound by 0,88% on last Friday, foreign outflows of IDR510 billion, with the slight net sell of IDR139 billion in the banking sector. The coal sector posted the second’s biggest net sell of nearly IDR103 billion due to South Korean’s policy of cutting the use of coal and shifting to the renewable energies.
Domestic investors posted the net sell of IDR25 billion for the automotive sector, as ASII’s FY2018 earnings showed profit margins, revised downwards during the last 3 years.
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