Composite Index Closes Down 0.22% at 331.5784 (Wednesday, December 1, 2021)

The weakening of the Indonesian Rupiah and the correction in stock prices on the exchange were used by investors to take profits in the domestic debt market. They released their investments in government bonds to realize profits.

Based on the Indonesian Securities Valuation (PHEI) website, the Indonesia Composite Bond Index (ICBI) closed at 331.5784 on Wednesday, December 1, 2021. This figure is down 0.7341 points (0.22%) from the previous day's closing of 332.3125.

In today's transactions, many investors released their portfolios in domestic debt securities. This condition caused the prices of both government and corporate bonds to be corrected.

Specifically, the INDOBeX Composite Clean Price closed down 0.2932 points (0.2427%) to 120.53. Meanwhile, the INDOBeX Effective Yield Composite Index rose 0.0383 points (0.66%) to 5.8347.

The INDOBeX Government Total Return closed down 0.7518 points (0.23%) to 324.99. Meanwhile, the INDOBeX Corporate Total Return fell 0.2833 points (0.08%) to 365.33.

Today's spot exchange rate transaction for the Rupiah closed down Rp 22.5/US$ (0.16%) to Rp 14,342.5/US$. The Jakarta Composite Index (IHSG) closed down 26 points (0.4%) to 6,507.68.