Ace Hardware Indonesia Tbk (ACES) Consistently Improves Performance
Aggressive Marketing and Expansion Strategies
Aggressive Marketing and Expansion Strategies
Top Losers : Miscellaneous Industries (-1.80%), Finance (-1.41%), Consumer (-1.03%).
AALI’s sales whittled away 1% from IDR4.49 trillion in 1Q17 into IDR4.44 in 1Q18.
JCI tumbled yesterday after the release of April’s deficit trade balance.
Top Losers : Infrastructure (-1.77%), Agriculture (-1.61%), Property (0.55%).
JCI continued to rally on Friday, 05/11, due to the release of the U.S. inflation lower than estimate.
At the government bond (Surat Utang Negara, “SUN”) auction dated 05/08/2018, the government did not absorbed the total incoming bid of IDR7.18 trillion
Top Gainers : Finance (+3.64%), Consumer (+3.39%), Mining (+2.17%).
JCI tumbled yesterday amid the depreciation in Rupiah reaching the position higher than 14,000 per USD.