Indonesia's IDX Closes Higher, Tech Stocks Lead Gains (Wednesday, July 12, 2023)
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The Jakarta Composite Index (IHSG) strengthened by 11.28 points or 0.17% to 6,808.20 at the close of trading on Wednesday (12/7/2023).
Today's index strengthening was driven by issuers in the technology sector, namely TRON and WIRG, which soared by 25% and 20.47%, respectively.
Meanwhile, almost all sectoral indices also closed higher. The technology sector index surged 1.21%, followed by the property and health sector indices, which strengthened by 0.77% and 0.12%, respectively.
Based on RTI Business data, the frequency of stock trading on the domestic exchange today was 1.33 million transactions.
A total of 20.38 billion shares changed hands, with a transaction value reaching Rp9.19 trillion.
Technology sector stocks that made it into today's top gainers are Teknologi Karya Digital Nusa Tbk (TRON), which soared 25% to Rp310.
Then there's WIR ASIA Tbk (WIRG), which strengthened by 20.47% to Rp153 per share.
Meanwhile, the issuer with the code KING became today's top loser after weakening by 9.73%, followed by issuers GRPM and IRSX, which contracted by 9.18% and 9.02%, respectively.
The majority of stocks closed higher in today's trading. Specifically, 260 stocks strengthened, 264 stocks weakened, and 219 stocks were stagnant.
"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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