Market Recap
JCI accumulated gains, backed by the banking sector. JCI’s Top Losers: Consumers (-1.0%), Misc. Ind (-0.9%), Property (-0.3%).
INNI index, like JCI, recorded gains, supported by retail stocks, LPPF and RALS.
Daily Foreign & Domestic Sector Movement
Wednesday’s foreign outflows accounted for IDR33 billion, fueled by markets’ fears of US-China tangled trade relations. Most Asia markets were in the tepid mode as China showed no gesture of goodwill to Trump’s trade requirement. The rupiah, meanwhile, was deprecated at 0.18% to 14,173 against USD.
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