Market Recap
JCI advanced, backed by the banking sector. JCI’s Top Gainers: Finance (+0.6%), Property (+0.5%), Basic Ind. (+0.3%).
INNI index was vulnerable to declines in mining stocks, ANTM and INCO.
Daily Foreign & Domestic Sector Movement
JCI was still vulnerable to foreign capital outflows as investors pulled their funds of IDR195 billion, with the greatest amount of IDR104 billion withdrawn from the miscellaneous industry. Meanwhile, LME Copper prices dropped as demands by China declines, whereas China Producer Price Index (PPI) dipped 1.2% in September. Asia markets closed mixed after the US lawmakers gave supports for Hong Kong protesters by passing human rights and democracy bills.
The rupiah exchange rate for USD dipped 0.18% to 14,166.
Download full report HERE.
