Daily | Apr 22 2019
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%).
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%).
KRAS’s finished 2018 with a red-ink grade of losses worth USD74.8 million, regardless of its surging revenues of 20% y-y. Despite the improvement, 7-consecutive-year loss lingered still.
Aligning with JCI, INNI Index nudged up 0.03% yesterday, backed by the rally in infrastructure, cement, and construction stocks, targeted by foreign investors, responding to Moodys’ projection of Jokowi’s II Presidential Administration.
KLBF, amid volatile USDIDR, succeeded to close 2018 by posting a stable growth performance.
As JCI snapped higher, JCI also nudged up 0.24%. The impetus for the backdrop was the rally in infrastructure stocks, targeted by foreign investors and the optimism over a peaceful national election, a potent driver for the brighter infrastructure sector.
JCI snapped lower on last Friday, held back by the profit taking on large cap. stocks in the banking sector. Top Losers : Basic Industry (-1.4%), Misc. industry (-1.0%), Agriculture (-0.3%).
A flood of negative sentiments run into Indonesia’s equity markets.
JCI snapped lower, suppressed by the banking sector. Top Losers : Basic Industry (-2.3%), Consumer (-1.1%), Infrastructure (-0.9%).
Foreign inflows were worth IDR342 billion, IDR 143 billion of which run into the banking sector. Foreign investors targeted BBRI, posting the net buy of IDR176 billion and nudging up 0.23%. BBRI outperformance sent its prices higher for 9-consecutive days.