Indonesia's Composite Stock Price Index (IHSG) Closed Higher, CTRA and PWON Among Top Gainers (Wednesday, October 11, 2023)

The Jakarta Composite Index (JCI) strengthened by 9.56 points or 0.14% to 6,931.753 at the close of trading on Wednesday (10/10/2023).

Today's index strengthening was supported, among other things, by the soaring performance of several large issuers, such as CTRA and PWON. CTRA closed up 1.97%, while PWON rose 1.91%.

Based on the IDX-IC Sectoral Index, only three sectors increased. The infrastructure sector led with a 3.50% increase, followed by the property sector and the non-primary consumer goods sector, which rose by 1.08% and 0.61%, respectively.

Meanwhile, eight stock sectors experienced corrections. The technology sector experienced the deepest decline at -1.47%, followed by the health sector down 0.79%, and the primary consumer goods sector down 0.57%.

Based on RTI Business data, the frequency of stock trading on the domestic exchange today was 1.28 million transactions.

STRK was the top gainer after strengthening by 34.81%, followed by CITY and BULL, which strengthened by 34.33% and 34.29%, respectively.

Meanwhile, today's top loser was WIDI, which weakened by 10%, followed by LOPI and SEMA, which contracted by 10% and 7.41%, respectively.

The majority of stocks closed higher today. Specifically, 274 stocks rose, 238 stocks fell, and 241 stocks were stagnant.

Regional Asian stock exchanges showed varied movement this afternoon. The Nikkei index strengthened by 0.60% to 31,936.500, the Hang Seng index strengthened by 1.29% to 17,839.100, the Shanghai index strengthened by 0.12% to 3,078.960, and the Straits Times index weakened by 0.19% to 3,192.870.