Market Recap
JCI secured gains, backed by the banking sector. JCI’s Top Gainers: Basic Ind. (+1.9%), Finance (+0.7%), Infrastructure (+0.5%).
INNI index advanced, backed by one of its portfolios, i.e. CTRA (+2.2%). CTRA’s gains sourced from 3Q19 marketing sales of IDR4.2 trillion.
Daily Foreign & Domestic Sector Movement
JCI suffered from foreign outflows of IDR40 billion as markets are still awaiting the lineup of Jokowi’s second term ministers. Most of Asia markets rallied, backed by the partial deals between the US and China, leaving tariffs on Chinese products on pause. A glance at commodities, WIT futures contract for Nov. 2019 dipped 0.32% due to the US oil stockpiles. The rupiah exchange rate for USD nudged up 0.28% to 14,042.
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