Market Recap
JCI ended higher after the banking and basic industry ended sessions at a rebound. JCI’s Top Gainers: Basic Industry (+2.2%), Infrastructure (+1.4%), Finance (+0.8%).
INNI Index finished higher at 1.52%, lifted by retail stocks, i.e. MAPI (+6.3%) and RALS (5.5%). RALS’s plan to distribute dividend with the par value of IDR50, higher than IDR40 in 2018.
Daily Foreign & Domestic Sector Movement
JCI recorded yesterday’s foreign inflows of IDR460 billion with the banking sector cheered the biggest inflows of roughly IDR484 billion. From the global issue, Trump is currently Japan and will have trade talks with Japan’s Prime Minister Shinzo Abe. Trump is seeking fair trade with Japan. The trade talks lifted Asian markets.
Meanwhile, the sector and mining sectors respectively cheered domestic funds worth of IDR36 billion and IDR29 billion.
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