Market Recap
JCI rallied, backed by the banking sector. JCI’s Top Gainers: Misc. Ind (+2.6%), Property (+2.0%), Finance (+1.8%).
INNI index was rebounding as the consumer sector advanced. GGRM made a 3.8% gain after posting foreign inflows of IDR32 billion.
Daily Foreign & Domestic Sector Movement
JCI securing foreign inflows of IDR175 billion after 3 consecutive days of foreign outflows. Foreign investors were certain of investing in Indonesia on grounds of diminishing political unrest. The banking sector rallied as BBRI posted a 3.19% gain after the acquisition of PT Asuransi Bringin Sejahtera Artamakmur (BRINS), while BBCA picked up 2.11% after booking foreign inflows of IDR390 billion. Most of Asia markets, likewise JCI, snapped higher on Sept. 25, 2019. The rupiah exchange rate against USD was depreciated 0.19% to 14,162
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