Quick Count Shows Jokowi-Ma'ruf Leading, Positive Movement in IHSG
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The Jakarta Composite Index (JCI) surged 87.30 points or 1.35% to 6,568.85 at the opening of trading on the Indonesia Stock Exchange (IDX) on Thursday (18/4). Several analysts believe that the euphoria surrounding the quick count results of the 2019 Presidential Election (Pilpres), showing the Joko Widodo-Ma'ruf Amin ticket ahead of Prabowo Subianto-Sandiaga Uno, was met with a positive response from market players.
The JCI briefly dipped to 6,522.29 points at 09.20 WIB, although it remained in positive territory. At the closing bell at 16.00 WIB, the JCI stood at 6,507.22, up 0.4% compared to Tuesday's (16/4) closing.
Trading value on the IDX reached Rp 13.18 trillion with a volume of 15.1 billion shares traded. Foreign investors recorded net purchases of Rp 1.3 trillion. This further strengthens the positive market response to the results of the 2019 Presidential Election.
(Read Databoks: Post-Quick Count Pilpres 2019, Rupiah Continues to Strengthen)
"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."
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