350 Stocks Weaken, IHSG Enters Red Zone (Tuesday, May 21, 2024)
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The Jakarta Composite Index (IHSG) weakened by 1.11% to 7,186.04 at the close of trading on Tuesday (21/5/2024).
Today's index weakening was triggered by 350 stocks experiencing corrections, while 213 other stocks were stagnant and 211 stocks strengthened.
Based on the IDX-IC Sectoral Index, ten sectors experienced corrections today. The non-primary consumer goods sector fell the most, by 1.62%, followed by the finance and healthcare sectors, which fell by 1.54% and 1.31%, respectively.
Meanwhile, only one sector strengthened, namely the transportation and logistics sector, which rose by 0.67%.
According to RTI Business data, the frequency of stock trading on the domestic exchange today was 1.19 million transactions.
A total of 15.37 billion shares changed hands, with transaction value reaching Rp12 trillion.
The issuer with the code ATLA was today's top loser after plummeting 34.65%, followed by PTBA and AREA, which fell by 12.29% and 10.71%, respectively.
On the other hand, today's top gainer was FWCT, which soared 17.02%, followed by SOLA and KAEF, which rose by 15% and 12.58%, respectively.
Asian stock exchanges also closed in the red this afternoon. The Nikkei index weakened by 0.31% to 38,946.89, the Hang Seng index weakened by 2.12% to 19,220.61, the Shanghai index weakened by 0.42% to 3,157.96, while the Strait Times index weakened by 0.19% to 3,307.89.
"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."