Indonesia's Stock Exchange (IHSG) Weakens After Central Bank Holds Benchmark Interest Rate (Wednesday, July 17, 2024)
- A Small
- A Medium
- A Bigger
The Jakarta Composite Index (JCI) closed down 0.074 points or 0% to 7,224.21 at the end of trading on Wednesday (17/7/2024). This weakening occurred after Bank Indonesia (BI) decided to maintain its benchmark interest rate, or BI *rate*.
In July 2024, the BI *rate* remained at 6.25%. In addition, BI also maintained the *deposit facility* interest rate at 5.50% and the *lending facility* interest rate at 7%.
(See also: BI Maintains Benchmark Interest Rate at 6.25% in July 2024)
Based on the IDX-IC Sectoral Index, six sectors experienced corrections today. The health sector fell the most, by 0.42%, followed by the basic materials and technology sectors, which fell by 0.32% and 0.25%, respectively.
Meanwhile, five other sectors strengthened. The non-primary consumer goods sector rose the highest, by 0.76%, followed by the transportation and finance sectors, which rose by 0.57% and 0.38%, respectively.
According to RTI Business data, the frequency of stock trading on the domestic exchange today was 1.09 million transactions.
A total of 28.04 billion shares changed hands, with a transaction value of Rp 11.68 trillion.
251 stocks closed lower today, 287 stocks rose, and 250 stocks were stagnant.
RICY was today's *top loser*, plunging 11%, followed by KIJA and BREN, which fell by 8.67% and 8.53%, respectively.
On the other hand, today's *top gainer* was IOTF, which soared 34.94%, followed by MSKY and BSBK, which rose by 34.38% and 22.08%, respectively.
Asian stock exchanges closed mixed this afternoon. The Nikkei index fell 0.43% to 41,097.69, the Hang Seng Index rose 0.06% to 17,739.41, the Shanghai index fell 0.45% to 2,962.86, and the Straits Times index rose 0.05% to 3,489.57.
(See: 270 Stocks in the Red, JCI Closes Down 0.75% (Tuesday, July 16, 2024))
"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."
Related Data
Market Data
| Name | Value | % | |
|---|---|---|---|
| Inflasi yoy (Sep) | 3,28% | +0.09 | |
| Inflasi mom (Agu) | 0,21% | +0.35 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Mar) | 8,07% | -0.18 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 18.165 | +0.09 | |
| PDB ADHK (Q2) | 3.576,20 | +3.73 | |
| Ekspor Migas (Agu) | 992,20 | +25.98 | |
| Neraca perdagangan (Agu) | 3,55 | +2,814.03 | |
| Impor Migas (Agu) | 3,53 | -6.37 | |
| Ekspor (Agu) | 26,61 | +1.51 | |
| Impor (Agu) | 23,06 | -11.63 | |
| Kunjungan Wisman (Agu) | 1,60 | +4.89 | |
| NTP (Jul) | 116,16 | +1.32 |