Interest Rates Hold Steady, Indonesia Stock Exchange Closes Higher (Wednesday, October 16, 2024)
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The Jakarta Composite Index (JCI or IHSG) strengthened by 0.29% to 7,648.94 at the close of trading on Wednesday (16/10/2024).
This increase occurred after Bank Indonesia announced that its benchmark interest rate (BI-rate) would remain at 6% in October 2024. The deposit facility interest rate remained at 5.25%, and the lending facility interest rate remained at 6.75%.
Based on the IDX-IC Sectoral Index, seven stock sectors strengthened today. The infrastructure sector led with a 1.20% increase, followed by the property and technology sectors, which rose by 1.18% and 1.07%, respectively.
Meanwhile, four other stock sectors experienced corrections, with the non-primary consumer sector falling the most, by 0.69%. This was followed by the finance and healthcare sectors, which fell by 0.39% and 0.21%, respectively.
According to RTI Business data, the frequency of domestic stock trades today reached 1.24 million transactions.
A total of 22.03 billion shares changed hands, with a total transaction value of Rp11.60 trillion.
320 stocks closed higher today, 245 stocks weakened, and 231 stocks were stagnant.
Today's top gainers were CITY, which soared 34.83%, followed by DNAR and LUCK, which rose by 34.78% and 24.64%, respectively.
On the other hand, the stock with the code MANG became the top loser after falling 9.35%, followed by MSIN and BCIP, which corrected by 8.47% and 8.20%, respectively.
In line with the IHSG, almost all Asian stock exchanges closed in the green this afternoon. The Hang Seng Index rose 0.90% to 20,501.77, the Shanghai Index rose 0.40% to 3,214.01, the Straits Times Index rose 0.42% to 3,610.74, while the Nikkei fell 1.65% to 39,252.80.
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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 | 18.037 | +0.01 | |
| 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 |