JCI slowed, subdued by the infrastructure and banking stocks. JCI’s Top Losers: Infrastructure (-2.1%), FInance (-0.5%), Mining (-0.4%).
INNI index, moving inversely to JCI, gained 0.12% as stocks owned by Lippo Group rallied, i.e. SILO (+7.7%) and LPPF (+6.7%).
Daily Foreign & Domestic Sector Movement
Foreign money of IDR31 billion fled from JCI. From the global highlights, markets retain wait-and-see act ahead of ECB’s decision on deposit rate cut by 10 bps, discussed on July 25th meeting. From the domestic highlights, the Indonesian rupiah’s exchange rate for USD was depreciated by 0.29%, positioning it as the weakest among its Asian peers.
The consumer and miscellaneous industries respectively IDR96 billion and IDR55 billion worth of domestic outflows.
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