Daily | Nov 02 2018
October’s inflation of 0.28% m-m constrained JCI’s movement.
October’s inflation of 0.28% m-m constrained JCI’s movement.
In October, Indonesia posted inflation of 0.28% m-m, higher than the deflation of 0.18% m-m in September.
Revenue grew by 2.9% y-y to IDR1.86 trillion backed by the growth of 4.6% in sales of the retail segment.
Estimate of Slight Decline in Gross Profit Margin
Foreign investors also posted net buy of IDR1.5 trillion. Top Gainers: Agriculture (+2.23%), Misc. Industry (+2.14%), Finance (+1.93%).
Recurring Income Segment Gearing to Higher Pace
September’s trade balance booked surplus of USD227 million and outstripped August’s deficit of USD940 million. The improvement in the trade balance was on the back of increasing surplus of non-oil and gas trade and shrinking deficit of oil and gas trade.
JCI finished higher as the financial sector led and foreign investors booked net buy.
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