Market Recap
JCI was rebounding as the miscellaneous industry bounced back. JCI’s Top Gainers: Misc. Industry (+2.6%), Basic Industry (+2.4%), Infrastructure (+2.1%).

INNI Index closed higher at 0.48% as JCI rallied. BBCA, a defensive stock, jostling for better performance amid murky global economy, was rebound at 3.9%

Daily Foreign & Domestic Sector Movement
Foreign money of IDR642 billion fled from JCI as foreign investors pulled IDR947 billion from the banking sector: yesterday’s biggest outflows. In the domestic market, prior-targeted-net-sell large cap. stocks are currently on net-buy target. Stocks underpinned JCI’s rally were BBCA (3.86%), TLKM (2.56%), ASII (2.99%), BBNI (4.01%), and UNVR (1.68%).

Additionally, domestic investors spent IDR2.6 billion worth of net sell on the miscellaneous industry.

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