Market Recap
JCI advanced, backed by the banking sector. JCI’s Top Gainers: Basic Ind. (+1.2%), Finance (+1.0%), Infrastructure (+0.4%).

Like JCI, INNI index strengthened as JPFA made a 0.90% gain after the plan for to paying series A-II shelf registration of I Phase of 2016 to mature on Dec. 01, 2019.

Daily Foreign & Domestic Sector Movement
On Tuesday of Nov. 19, JCI received foreign funds of IDR2014 billion as banking stocks accounted for IDR301 billion worth of foreign inflows. BBRI secured the largest inflows portion IDR126 billion after Indonesia Deposit Insurance Corporation cut collateral rates to 6.25%. Unlike JCI, most of the Asia markets weakened as optimism about the I phase of partial deals between the US and China faded away. A glance at commodities, Dec. Comex gold futures contract dropped 0.17% to USD1,469 per troy ounce. The rupiah exchange rate for USD dipped 0.09% to 14,091.

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