Daily | Jul 01 2019
JCI’s close higher, underpinned by the banking and industry sector. JCI’s Top Gainers: Misc. Industry (+0.9%), Finance (+0.6%), Agriculture (+0.4%).
JCI’s close higher, underpinned by the banking and industry sector. JCI’s Top Gainers: Misc. Industry (+0.9%), Finance (+0.6%), Agriculture (+0.4%).
Global and domestics sentiments were catalysts for JCI’s last week movements.
Domestic investors fled their capital worth of IDR89 billion and IDR80 billion in the banking and property sectors, respectively.
JCI secured IDR399 billion worth of foreign capital as the banking and telecommunication sectors received respective capital of IDR349 billion and IDR67 billion.
JCI’s Top Gainers: Mining (+5.1%), Basic Industry (+1.1%), Infrastructure (+0.5%).
The flare-up spikes oil prices are higher and possibly widens Indonesia’s trade balance.
May’s trade balance marked positive performance as it posted surpluses of USD0.21 billion.
1Q19 sales of USD126.4 million declined by 36% q-q from 4Q18 sales of USD197.3 million …..
The sluggish performance was attributable to the infrastructure modest performance, i.e. JSMR (-3.3%).