Market Recap
JCI was bullish on Thursday, 04/18/2019, as the Bank sector strengthened. Top Gainers JCI: Finance (+1.5%), Property (+1.3%), Misc. Industry (+1.2%).
INNI Index in response to JCI was in a bull mood as Jokowi’s effects sparked euphoria: driving construction-property, banking, and retail stocks to reign at bull favor reflected in a flood of foreign inflows into banking stocks.
Daily Foreign & Domestic Sector Movement
Thursday’s foreign inflows of IDR1.426 billion as foreign investors mainly targeted IDR767 billion and IDR352 billion at the banking and construction sectors, respectively. Foreign inflows into the banking sector signaled foreign investors’ preference to invest in Indonesia.
The consumer sector also enjoyed domestic inflows of IDR274 billion and IDR45 billion in the consumer and retail sectors.
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