Market Recap
JCI closed at intraday high, underpinned by the banking sector . JCI’s Top Gainers: infrastructure (+2.8%), Finance (+2.1%), Basic Industry (+1.8%).

Like JCI marking session high, INNI Index was on track for its rally performance as INTP rallied at 3.9% after distributing dividends of IDR1.13 trillion.

Daily Foreign & Domestic Sector Movement
Yesterday, JCI recorded foreign outflows of IDR546 billion, with the biggest outflows of IDR218 billion fled from the banking sector. JCI, an exception to its Asian peers, revived from its bearish state as the result of 2019’s presidential election strengthened rupiah.

Unlike foreign investors fleeing their money from JCI, domestic investors posted net buy in all sectors with the bank sectors enjoyed IDR180 billion worth of a flood of net buy.

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