Indonesia's Composite Stock Price Index (IHSG) Surpasses 7,000; Majority of Stocks Rise (Wednesday, September 20, 2023)

The Jakarta Composite Index (JCI) strengthened by 0.45% today, surpassing the psychological level of 7,000 to close at 7,011.68 on Wednesday (20/9/2023).

This achievement coincided with the strengthening of the majority of stocks, with 288 stocks rising, 249 stocks weakening, and 220 stocks remaining stagnant.

Based on RTI Business data, the frequency of stock trading on the domestic exchange today was 1.23 million transactions.

A total of 23.07 billion shares changed hands, with a transaction value reaching Rp14.03 trillion.

The issuer with the code MARI became the top gainer after strengthening by 28%, followed by issuers ALKA and HADE, which strengthened by 25% each.

Meanwhile, the top loser today was SHID, which weakened by 18.98%, followed by TNCA and SATU, which contracted by 14.07% and 12.22% respectively.

Based on the IDX-IC Sectoral Index, six sectors increased, led by the non-primary consumer goods sector, which rose by 1.22%, the financial sector, which rose by 1.05%, and the transportation & logistics sector, which rose by 0.96%.

Meanwhile, five sectors were corrected, particularly the basic materials sector, which fell by 0.32%, followed by the health sector, which fell by 0.29%, and the infrastructure sector, which fell by 0.17%.