Market Update (May 12, 2017)

(OpisBoi‘s Technocopter) The Jakarta Composite Index retreated below its 5,700s last Tuesday, shrunk by -0.77% to the 5,653.01 level. 259 stocks among all 9 sectors were extending their weakness, where mostly selling pressure drowned the Mining sectors for (-3.04%) along with Trade (-1.91%), and Property (-1.84%). In the mean time, 94 stocks tried to push the Indonesian Benchmark up, whereas 98 others were remained in the same levels.

Foreign Investors booked another IDR753bn Net-Purchased, whilst the market posted a total value of IDR7.09tr for 93,089,440 shares traded. Bargain hunting on HMSP BBCA BBNI GGRM INDF and some other heavyweight stocks.

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