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Indonesia's IDX Closes Below 7,300 Ahead of Weekend (Friday, February 23, 2024)

Cindy Mutia Annur 23/02/2024 19:52 WIB

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The Jakarta Composite Index (JCI) fell 44.54 points, or 0.61%, to close at 7,295.09 on Friday, February 23, 2024.

Composite Stock Price Index (IHSG) January 23 - February 23, 2024

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Indonesia's IDX Closes Below 7,300 Ahead of Weekend (Friday, February 23, 2024)

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Composite Stock Price Index (IHSG) January 23 - February 23, 2024

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The Jakarta Composite Index (IHSG) closed down 44.54 points, or 0.61%, to 7,295.09 on Friday's (23/2/2024) trading session.

Based on the IDX-IC Sectoral Index, seven sectors declined, with the finance sector experiencing the sharpest drop at -0.94%, followed by the consumer staples sector and the transportation & logistics sector, which fell by 0.54% each.

Meanwhile, four other sectors rose, led by the infrastructure sector at 0.53%, followed by the technology sector at 0.38% and the health sector at 0.16%.

According to RTI Business data, the frequency of stock trades on the domestic exchange today totaled 1.19 million transactions.

A total of 16.28 billion shares changed hands, with a transaction value reaching Rp9.68 trillion.

WIDI, with a code WIDI, was today's top loser after plunging 8.7%, followed by DOOH and MPIX at 8.57% and 6.13% respectively.

On the other hand, today's top gainer was SMGA, which surged 18.82%, followed by PTPS and SURI at 14.97% and 11.88% respectively.

A total of 293 stocks closed lower today, 236 stocks were stagnant, and 235 stocks strengthened.

Meanwhile, Asian regional stock exchanges closed mixed this afternoon. The Hang Seng Index weakened by 17.09 points or 0.1% to 16,725.85, the Shanghai Index strengthened by 16.52 points or 0.55% to 3,004.88, and the Straits Times Index weakened by 38.03 points or 1.18% to 3,184.91.

Editor : Padjar Iswara

"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."