Jakarta, CNBC Indonesia-The Composite Stock Price Index (JCI) closed with an appreciation of 0.70% to 6,068.2. Even though it opened red in the second session, the JCI managed to crawl up on Thursday (19/7/21).
Today’s transaction value is Rp 12.8 trillion, and foreign investors have seen a net purchase of Rp 699 billion in the regular market.
Foreigners bought shares in PT Bank Central Asia Tbk (BBCA) amounting to Rp 204 billion and PT Telkom Indonesia Tbk (TLKM) for Rp 141 billion.
Meanwhile, foreign net sales were carried out in shares of PT Unilever Indonesia Tbk (UNVR) which was sold for Rp. 31 billion and PT Bank Rakyat Indonesia Tbk (BBRI) which was sold for Rp. 123 billion.
Bank Indonesia (BI) released retail sales data as of July 2021 at 11:00 WIB, which turned out to be negative or contracted. BI reported retail sales as reflected in the Real Sales Index (IPR) in July 2021 at 188.5.
Compared to June 2021, which at that time recorded a contraction of 12.8%, the July retail sales index, which fell 5%, was indeed much better. However, on an annual basis, the July 2021 retail sales index which was recorded at -2.9% actually worsened because the IPR last June scored an annual growth of 2.5%.Tradingeconomics originally estimated that there would be an annual growth of 3%.
In August 2021, BI estimates that the IPR figure will be 196.5 or grow 4.3% on an annual basis, but it is still considered minus on an annual basis. These data reflect that public retail spending has not fully recovered considering that the easing of the Implementation of Community Activity Restrictions (PPKM) has only occurred in the last month.
CNBC INDONESIA RESEARCH TEAM
(trp/trp)
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