JCI dipped, suppressed by the banking sector. JCI’s Top Losers: Mining (-1.8%), Agriculture (-0.8%), Infrastructure (-0.8%).
Like JCI, INNI dropped as coal stocks declined, i.e., ADRO (-6.3%) and PTBA (-2.7%).
Daily Foreign & Domestic Sector Movement
JCI posted foreign outflows of IDR281 billion for the first time within this week; the largest outflows portion of IDR704 billion was contributed by MRGO. Stateowned banks’stocks dipped because they had to inject capital to PT Bank Muamalat Indonesia Tbk and PT Asuransi Jiwasraya (Persero) to ensure their liquidities.
Meanwhile, the rupiah exchange rate for USD was depreciated by 0.2% to 14,081.
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