JCI was at bullish favor as KPU named Jokowi the winner of 2019’s Presidential election. JCI’s Top Gainers: Property (+1.5%), Misc. Industry (+1.4%), Agriculture (+1.1%).
INNI Index nudged up 0.88% to 7,198. ANTM picked up 3.66% as gold prices in commodity exchanged marked its first revival after the US-China battle knocking its prices down.
Daily Foreign & Domestic Sector Movement
Yesterday, JCI witnessed IDR643 billion worth foreign outflows, with the banking sector hit hardest by outflows of IDR379 billion. Rupiah depreciation widened the exposure to forex losses foreign investors have to bear, so they pull their money from JCI.
That outflows were followed by the domestic net sell of IDR743 billion and IDR23 billion in the agricultural and miscellaneous industries, respectively.
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