Market Recap
JCI closed higher, backed by the banking and property sectors. JCI’s Top Gainers: Property (+1.0%), Agriculture (+0.7%), Finance (+0.6%).

INNI index, in contrast, closed lower as losses in health care and pharmaceutical stocks, e.g. MIKA and KAEF have been a drag on its movement.

Daily Foreign & Domestic Sector Movement
Foreign investors pulled IDR438 billion out from JCI’s portfolios, with IDR130 billion and IDR46 billion to leave the banking and coal sector. Indonesia’s coal price reference for September at 65.79 USD per ton, lower than August’s price. Aside from foreign outflows, EXCL posted foreign inflows of IDR15.4 billion.

The rupiah exchange rate for the US dollar, meanwhile, was depreciated at 0.43% to 14,031.

Download full report HERE.