Indonesia's IHSG Falls Despite Asian Market Gains (Friday, October 4, 2024)
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The Jakarta Composite Index (JCI) weakened again by 0.63% to 7,496.09 at the close of trading on Friday (October 4, 2024), continuing the downward trend that began on Wednesday (October 2, 2024).
The JCI fell despite a strengthening trend in Asian stock markets. Today, the Nikkei index rose 0.18% to 38,620.39, the Hang Seng index rose 2.82% to 22,736.86, and the Straits Times index rose 0.33% to 3,585.12, while the Shanghai index was closed for a holiday.
Based on the IDX-IC Sectoral Index, eight domestic stock sectors were corrected today. The technology sector fell the most, by 2.34%, followed by the property and non-primary consumer goods sectors, which corrected by 1.36% and 0.78%, respectively.
Meanwhile, three other stock sectors strengthened. The health sector led the gains with a 0.50% increase, followed by the infrastructure and energy sectors, which rose 0.12% and 0.09%, respectively.
According to RTI Business data, domestic stock trading frequency today totaled 1.08 million transactions.
A total of 25.36 billion shares changed hands, with a total transaction value of Rp 11.90 trillion.
A total of 333 stocks closed lower today, 234 stocks rose, and 225 stocks were stagnant.
PANI was today's top loser, falling 6.61%, followed by TOBA and GOTO, which fell 6.45% and 6.25%, respectively.
On the other hand, the top gainer was AYLS, which soared 27.27%, followed by AKSI and RAJA, which rose 25% and 12.12%, respectively.
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