Economy Liquidity Increases, IHSG Closes Up 0.13% (Monday, June 24, 2024)

The Jakarta Composite Index (IHSG) strengthened by 0.13% to 6,889.16 at the close of trading on Monday (24/6/2024).

Pilarmas Investindo Sekuritas assessed that this index increase occurred after Bank Indonesia (BI) released economic liquidity data for May 2024, which grew by 7.6% year-on-year to Rp8,965.9 trillion.

"This data indicates how the process of domestic economic activity is improving or not slowing down," wrote the Pilarmas Investindo Sekuritas Analyst Team in its research, as reported by *Katadata*, Monday (24/6/2024).

Based on the IDX-IC Sectoral Index, eight stock sectors increased today. The primary consumer goods sector led with a 2.19% increase, followed by the technology and transportation sectors, which rose by 1.38% and 0.85%, respectively.

Meanwhile, three other stock sectors were corrected. The property sector fell the most, by 0.79%, followed by the health and property sectors, which fell by 0.41% and 0.07%, respectively.

According to RTI Business data, the frequency of stock trading on the domestic exchange today was 863,690 transactions.

A total of 19.33 billion shares changed hands, with a total transaction value of approximately Rp9.62 trillion.

A total of 312 stocks closed higher today, 247 stocks weakened, and 224 stocks were stagnant.

Today's top gainer was DIVA, which soared 35%, followed by MHKI and FILM, which rose by 34.82% and 22.01%, respectively.

On the other hand, the stock with the code SBAR became the top loser after plunging 50%, followed by NICL and TRON, which fell by 18.40% and 15.24%, respectively.

Asian stock exchanges closed mixed this afternoon. The Nikkei index strengthened by 0.54% to 38,804.60, the Hang Seng index weakened by 0% to 18,027.71, the Shanghai index weakened by 1.17% to 2,963.10, and the Strait Times index strengthened by 0.25% to 3,314.13.