JCI was at lower close due to political turmoil. JCI’s Top Losers: Infrastructure (-0.9%), Consumer (-0.4%), Agriculture (-0.4%).
In stark contrast to JCI’s bearish performance, INNI Index on Wednesday (05/22) nudged up 0.42% due to the rally in mining stocks, i.e., INCO (+2.4%) and PTBA (+1.4%).
Daily Foreign & Domestic Sector Movement
Yesterday, JCI grabbed foreign inflows of IDR702%, stemming from roughly IDR933 billion worth of crossing shares over PT Multistrada Arah Sarana Tbk (MASA) in the negosiation market. It was a bidding offer from Compagnie Générale Des Etablissements Michelin, a French tire producer.
JCI also secured domestic net inflows of IDR 95 billion and IDR75 billion into the banking and consumer sectors.
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