US Inflation Data Release Awaited, Indonesian Stock Exchange Closes Down 0.18% (Wednesday, November 13, 2024)
- A Small Font
- A Medium Font
- A Bigger Font
The Jakarta Composite Index (IHSG) weakened by 0.18% to 7,308.67 at the close of trading on Wednesday (11/13/2024).
Pilarmas Sekuritas assessed that this weakening occurred amid a wait-and-see attitude among market players regarding the release of US inflation data.
"Furthermore, the market assesses that Trump's policies are increasing market concerns if the European bloc pays a high price for not buying enough US exports and China's threat of a 60% across-the-board tariff," wrote Pilarmas Sekuritas in its study, as reported by Katadata, Wednesday (11/13/2024).
Based on the IDX-IC Sectoral Index, eight domestic stock sectors were corrected today. The primary consumer goods sector fell the most, by 1.79%, followed by the property and infrastructure sectors, which corrected by 1.56% and 0.52%, respectively.
Meanwhile, four other sectors strengthened, with the technology sector leading with a 1.35% increase. The non-primary consumer goods and financial sectors rose by 0.52% and 0.51%, respectively.
According to RTI Business data, the frequency of stock trading on the domestic exchange today was 1.34 million transactions.
A total of 38.42 billion shares changed hands, with a total transaction value of Rp 11.63 trillion.
298 stocks closed lower today, 293 stocks were stagnant, and 200 stocks strengthened.
The issuer with the code DSNG was today's top loser, plunging 17.88%, followed by BDKR and SPRE, which fell by 13.67% and 9.76%, respectively.
On the other hand, today's top gainer was NAIK, soaring 34.58%, followed by TOSK and FORU, which rose by 34.57% and 23.86%, respectively.
Asian stock exchanges closed mixed this afternoon. The Nikkei index fell 1.66% to 38,721.69; the Hang Seng index fell 0.12% to 19,823.44; the Shanghai index rose 0.51% to 3,439.28; and the Straits Times index rose 0.24% to 3,720.34.
"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."
Related Data
Latest Data Stories
Trending Topics
Popular Data