Positive Market Response to Israel-Palestine Resolution, IHSG Closes Higher (Tuesday, October 24, 2023)
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The Jakarta Composite Index (IHSG) strengthened by 64.79 points or 0.96% to 6,806.762 at the close of trading on Tuesday (24/10/2023).
This stock index strengthening is in line with the market's positive response to the resolution of the Israeli-Palestinian conflict.
“Asian markets strengthened, with the market responding positively to the intensified efforts of various countries to resolve the conflict in the Middle East, where the European Union leader called for a halt to the conflict,” said the Pilarmas Investindo Sekuritas Research Team, as reported by Antara, Tuesday (24/10/2023).
Based on the IDX-IC Sectoral Index, ten sectors increased, led by the transportation & logistics sector by 2.67%, followed by the property and health sectors by 1.87% and 1.73%, respectively.
Meanwhile, one sector corrected, namely technology, which fell by 0.54%.
Based on RTI Business data, the frequency of stock trading on the domestic exchange today was 1.09 million transactions.
A total of 18.65 billion shares changed hands, with a transaction value reaching Rp8.2 trillion.
The issuer with the code RODA became the top gainer after strengthening by 34%, followed by issuers GULA and PMMP which strengthened by 25% and 24.68%, respectively.
Meanwhile, today's top loser was GTBO, which weakened by 21.11%, followed by NPGF and SRAJ, which contracted by 20.9% and 13.7%, respectively.
The majority of stocks today closed higher. Specifically, 380 stocks closed higher, 191 stocks were stagnant, and 179 stocks weakened.
Regional Asian stock exchanges this afternoon include: the Nikkei index strengthened by 62.701 points or 0.20% to 31,062.301, the Hang Seng index weakened by 180.602 points or 1.05% to 16,991.529, the Shanghai index strengthened by 22.95 points or 0.78% to 2,962.240, and the Strait Times index strengthened by 30.52 points or 1% to 3,083.880.
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