Indonesia's IDX Falls 1.56%, Infrastructure Sector Weakest (Wednesday, May 29, 2024)

The Jakarta Composite Index (IHSG) weakened by 1.56% to 7,140.23 at the close of trading on Wednesday (29/5/2024).

According to Antara, 9 out of 11 IDX-IC sectoral indices corrected today. The infrastructure sector fell the most, by 2.26%, followed by the technology sector and the non-primary consumer goods sector, which fell by 1.79% and 1.43%, respectively.

Meanwhile, the two sectors that strengthened were the transportation and energy sectors, which rose by 0.62% and 0.33%, respectively.

According to RTI Business data, the frequency of stock trading on the domestic exchange today was 1.14 million transactions.

A total of 16.16 billion shares changed hands, with a total transaction value of Rp12.71 trillion.

364 stocks closed lower today, 235 stocks were stagnant, and 186 stocks strengthened.

OASA was today's top loser, plunging 18.71%, followed by PTRO and SURI, which fell by 17.47% and 17.36%, respectively.

On the other hand, today's top gainer was TAXI, which soared 100%, followed by NICL and MTWI, which rose by 27.52% and 22.77%, respectively.

Almost all Asian stock exchanges closed in the red this afternoon. The Nikkei Index weakened by 0.77% to 38,556.89, the Hang Seng Index weakened by 1.83% to 18,477.09, the Straits Times Index weakened by 0.21% to 3,323.19, while the Shanghai Index rose by 0.21% to 3,323.19.