Market Recap
JCI closed higher, backed by the infrastructure and banking sectors. JCI’s Top Gainers: Agri (+2.0%), Infrastructure (+0.7%), Finance (+0.2%).
In contrast with JCI, INNI slid down as constructions stocks dipped, e.g., WSKT and PTPP.
Daily Foreign & Domestic Sector Movement
JCI re-posted foreign inflows of IDR101 billion with the banking and property sectors secured foreign funds of IDR245 billion and IDR32 billion. Unlike JCI, most Asia markets dropped after the US Senate passed laws protecting Hong Kong protesters’ rights. The US stance angers China and is estimated to be hiccups in partial deals. A glance at commodities, the global crude oil prices slumped after the US crude stockpile increased. Meanwhile, the rupiah’s exchange rate for USD dipped 0.04% to 14,095.
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