IDEX Down 2 Percent, Infrastructure Stocks Fall the Most

14/11/2016 18:21 WIB

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Sectoral Index Rises/Falls on the Indonesia Stock Exchange, November 14, 2016

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Sectoral Index Rises/Falls on the Indonesia Stock Exchange, November 14, 2016

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The Jakarta Composite Index (JCI) of the Indonesia Stock Exchange on November 14, 2016, experienced a significant correction of 116.232 points (2.2 percent), closing at 5,115.739 from its Friday, November 11, closing. Foreign investors again recorded net sales of Rp 1.97 trillion.

Continued concerns in the global financial market caused infrastructure stocks to experience the sharpest decline on November 14, 2016, at 3.68 percent, followed by the financial sector at 3.44 percent and the property sector at 3.07 percent. Meanwhile, agribusiness stocks rose 0.73 percent.

Bank BRI (BBRI) experienced the sharpest decline, at 7.1 percent, followed by PT Telkom (TLKM) at 4.3 percent, Bank Mandiri (BMRI) at 4.8 percent, and Bank BCA (BBCA) also corrected by 2 percent.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."