After Reaching an All-Time High, the Indonesian Stock Exchange (IHSG) Closed Down 0.11% (Tuesday, August 27, 2024)
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The Jakarta Composite Index (JCI or IHSG) weakened by 0.11% to 7,597.88 at the close of trading on Tuesday (27/8/2024).
The decline occurred a day after the IHSG reached an all-time high (ATH) of 7,606 on Monday (26/8/2024).
Based on the IDX-IC Sectoral Index, four sectors experienced corrections today. The finance sector fell the most, by 0.73%, followed by the technology and basic materials sectors, which fell by 0.26% and 0.08%, respectively.
Meanwhile, seven other sectors strengthened. The property sector rose the most, by 1.28%, followed by the non-cyclical consumer goods and industrial sectors, which rose by 1.15% and 0.70%, respectively.
According to RTI Business data, there were 1.20 million transactions on the domestic stock exchange today.
A total of 16.18 billion shares changed hands, with a transaction value of Rp 10.76 trillion.
300 stocks closed lower today, 284 stocks rose, and 207 stocks were stagnant.
BNLI was today's top loser, plunging 13.33%, followed by NZIA and SURI, which fell by 9.78% and 8.13%, respectively.
On the other hand, today's top gainer was BELL, soaring 34.55%, followed by URBN and MPOW, which rose by 34.38% and 34.33%, respectively.
Unlike the IHSG, almost all Asian stock exchanges closed in the green this afternoon. The Nikkei index rose 0.47% to 38,288.60, the Hang Seng index rose 0.43% to 17,874.66, the Straits Times rose 0.07% to 3,398.46, while the Shanghai index fell 0.24% to 2,848.72.
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