JCI closed lower, held back by the industry and consumer sectors. Top Losers JCI: Basic Industry (-2.7%), Property (-2.7%), Misc. Industry (-1.7%).
INNI Index dropped at 1.07% as the property sector declined along with slumping number of individuals submitting mortgage loan (KPR) in IQ19.
Daily Foreign & Domestic Sector Movement
JCI posted IDR694 billion worth of foreign net sell, with the banking sector posting the biggest outflows of IDR281 billion. Chinese downward revisions to its 2019 economic growth estimate at 6% significantly impacts other economies, e.g., Indonesia.
Domestic investors posted net buy in all sectors, with the biggest net buy of IDR283 billion and IDR98.7 billion in the banking and infrastructure sectors.
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