Market Recap
JCI closed lower, suppressed by the banking and consumer sectors. Top Losers JCI: Basic Industry (-1.9%), Misc. Industry (-1.6%), Consumer (-1.6%).
INNI Index nudged down 0.22% as JCI was also reigning at a bearish favor. The sharp slump of 11.3% and 10.3% in property stocks such as PTPP and WIKA respectively put strains on JCI.
Daily Foreign & Domestic Sector Movement
Yesterday’s foreign outflows were at IDR191 billion as investors retained wait-and-see stance due to the announcement of the U.S. and China trade deals on Friday, 05/03/19. USDIDR was depreciated within 7-consecutive day. Sub-sector food and beverage posted the biggest net sell of IDR29 billion.
Domestic net sell of IDR429 billion and IDR85 billion outflowed from the banking and consumer sectors.
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