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Indonesia's IDX Closed Lower, Led by Infrastructure Stocks (Tuesday, February 28, 2023)
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The Jakarta Composite Index (JCI) closed down 11.53 points or 0.17% to 6,843.239 on Tuesday, February 28, 2023. Today's decline was led by the infrastructure sector.
"The JCI tended to be sluggish, contrary to the majority of strengthening global indices amid the release of a further depressed manufacturing index," said the research team at Pilarmas Investindo Sekuritas, as quoted by Antara on Tuesday (28/2/2023).
According to the Indonesia Stock Exchange (IDX) report, today's trading frequency on the domestic exchange was 1.21 times the number of transactions.
A total of 18.83 billion shares changed hands, with a transaction value of Rp 14.61 trillion.
RAFI, with a decline of 6.98%, was the top loser, followed by TECH and WIRG, which contracted by 6.96% each.
Today's top gainers were MASA, which strengthened by 24.83%, followed by FUTR and KETR, which strengthened by 21% and 13.81%, respectively.
Although the stock index weakened, the majority of stocks closed stagnant today. The details are 315 stagnant stocks, 292 weakening stocks, and 241 strengthening stocks.
"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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