Daily | Oct 23 2018
The global markets finished mixed yesterday amid the release of 3Q18’s earnings.
The global markets finished mixed yesterday amid the release of 3Q18’s earnings.
In the early of 2018, IPCM targeted the revenue of IDR1.1 trillion (+30.6% y-y) and the net profit of IDR150 billion (+26.5% y-y).
Top Losers: Consumer (-0.72%), Finance (-0.51%), Trade (-0.49%).
KAEF’s sales are projected to surge by 20.2% from IDR6.12 trillion in 2017 to IDR7.36 trillion in 2018.
The government absorbed funds of IDR5.225 trillion from the total incoming bid of IDR13.894 trillion.
Top Losers: Infrastructure (-2.52%), Mining (-0.90%), Finance (-0.49%).
Investors positively responded to state’s revenues higher than state’s expenses.
EXCL’s performance nudged up by 1% q-q and in 1H18 it also posted the surge of 1% y-y.
The rally was backed by the consumer sector posting the growth of 6.2% m-m in September’s car sales.