Market Recap
JCI closed lower, subdued by the construction and consumer goods sectors. JCI’s Top Losers: Agriculture (-2.8%), Property (-1.5%), Trade (-0.9%).

Likewise JCI, INNI index recorded loss as construction stocks showed weak
performance, i.e., WSKT, WIKA, and PTPP.

Daily Foreign & Domestic Sector Movement
JCI showed disappointing performance as it gave up IDR397 billion of foreign capital with the largest proportion of IDR118 billion pulled out from the banking sector. ADRO recorded IDR15.9 billion worth of net foreign sell after its profits declined 0.48% from USD2.66 billion in 3Q18 to USD2.65 billion in 3Q19. Another to ADRO’s decline was BBRI’s weaker performance due to foreign outflows of IDR102.4 billion. Conversely, Asia stocks rallied even though China’s Nov. economic data disappointed. Meanwhile, the rupiah exchange rate for USD slightly weakened 0.01% to 14,080.

Download full report HERE.