Indonesia's Composite Stock Price Index (IHSG) Closed Down 0.24%, Basic Materials Sector Falls Sharply (Thursday, August 8, 2024)

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Nabilah Muhamad 08/08/2024 19:05 WIB
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Jakarta Composite Index (JCI) July 8 - August 8, 2024
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The Jakarta Composite Index (JCI) weakened 0.24% to 7,195.12 at the close of trading on Thursday (8/8/2024).

Based on the IDX-IC Sectoral Index, seven sectors experienced corrections today. The basic materials sector fell the most, by 1.93%, followed by the infrastructure and transportation sectors, which fell by 0.81% and 0.76%, respectively.

Meanwhile, four other sectors strengthened. The property sector rose the highest, by 1.64%, followed by the finance and technology sectors, which rose by 0.41% and 0.22%, respectively.

According to RTI Business data, the frequency of stock trades on the domestic exchange today totaled 921,790 transactions.

A total of 15.47 billion shares changed hands, with a transaction value of Rp 8.70 trillion.

295 stocks closed lower today, 265 stocks rose, and 226 stocks were stagnant.

HELI was today's top loser, plunging 18.43%, followed by BSBK and PPRI, which fell 10.53% and 9.92%, respectively.

On the other hand, today's top gainer was NEST, soaring 35%, followed by JMAS and DOSS, which rose 34.21% and 34.07%, respectively.

Unlike the JCI, almost all Asian stock exchanges closed in the green this afternoon. The Hang Seng Index rose 0.08% to 16,891.83, the Shanghai Index rose 0% to 2,869.89, the Straits Times Index rose 0.37% to 3,261.83, while the Nikkei Index weakened 0.74% to 34,831.10.

"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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