Consumer Confidence Index Rises, IHSG Strengthens (Monday, December 9, 2024)
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The Jakarta Composite Index (JCI) rose 0.74% to 7,437.73 at the close of trading on Monday (December 9, 2024).
Phintraco Sekuritas assessed that this strengthening was driven by a positive market response to the November 2024 Consumer Confidence Index (CCI), which rose to 125.90.
"This is in line with the six sub-indices that strengthened, one of which is optimism towards current economic conditions," said the Phintraco Sekuritas research team, as reported by *Katadata*, Monday (December 9, 2024).
Based on the IDX-IC Sectoral Index, all stock sectors strengthened today, with the energy sector leading with a 2.04% increase. This was followed by the transportation and technology sectors, which rose by 1.54% and 1.1%, respectively.
According to RTI Business data, the frequency of domestic stock trading today reached 1.27 million transactions.
A total of 30.6 billion shares changed hands, with a total transaction value of Rp 44.9 trillion.
330 stocks closed higher today, 237 stocks weakened, and 228 stocks were stagnant.
Citing *Investing.com*, the top gainers today were TMPO, which soared 30.49%, followed by GSPO and DAAZ, both up 25%.
On the other hand, the stock with the code DPUM was among the top losers after plunging 26.76%, followed by BTEK and SONA, which corrected by 25% and 16.96%, respectively.
Asian stock exchanges closed mixed this afternoon. The Nikkei index rose 0.18% to 39,160.50; the Hang Seng index rose 2.76% to 20,414.09; the Shanghai index fell 0.05% to 3,402.53; and the Straits Times index fell 0.03% to 3,794.92.
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