JCI posted two-day gains, backed by the basic industry and banking sectors. JCI’s Top Gainers: Basic Ind. (+2.8%), Consumer (+0.5%), Trade (+0.4%).
INNI index also posted gains, underpinned by retail stocks, LPPF and MAPI.
Daily Foreign & Domestic Sector Movement
Tuesday’s foreign outflows were at IDR643 billion, with more than half of the portion was pulled out from the banking sector. Despite the outflows, ISAT secured a 7.24% gain equal to IDR35.9 billion worth of transactions in the regular market. The gains were attained after ISAT sold 3,100 telecommunication towers to two tender winners: PT Dayamitra Telekomunikasi and PT Profesional Telekomunikasi Indonesia (Protelindo). Another to ISAT’s
rally, telecom stock picked up after Jokowi officially launched Palapa Ring project.
The rupiah exchange rate for USD dipped 0.18% to 14,166.
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