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 | % | |
|---|---|---|---|
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Nilai Tukar USDIDR | 18.027 | -0.12 | |
| Neraca perdagangan (Apr) | 89,10 | -97.32 | |
| Ekspor Migas (Apr) | 1,16 | -9.81 | |
| Impor Migas (Apr) | 4,60 | +45.09 | |
| Ekspor (Apr) | 25,30 | +12.32 | |
| Impor (Apr) | 25,21 | +31.28 | |
| Kunjungan Wisman (Apr) | 1,25 | +14.75 | |
| Inflasi yoy (Mei) | 3,08% | +0.66 | |
| Inflasi mom (Mei) | 0,28% | +0.15 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| NTP (Mei) | 113,79 | +1.34 |