LQ-45 Stock Prices Plummet Since the Beginning of the Year
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The stock market performance has declined amid investor concerns over economic slowdown and the coronavirus outbreak. In the Indonesia Stock Exchange (IDX), the Jakarta Composite Index (JCI) has fallen 22% year-to-date (YTD).
The decline in the JCI's performance has also impacted large-capitalization stocks included in the LQ-45. All stocks in this index have experienced a decline. The largest price drop was recorded for Waskita Karya (WSKT) shares, which fell by 59.6% year-to-date. Meanwhile, Indofood CBP Sukses shares experienced the smallest decline at 11.66%.
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