After a temporary halt, the Indonesian Composite Stock Price Index (IHSG) closed down 3.84% (Tuesday, March 18, 2025)
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The Jakarta Composite Index (IHSG) fell 3.84% to 6,223.39 at the close of trading on Tuesday (March 18, 2025).
Earlier, the IHSG had plunged as much as 6% in the first trading session, prompting the Indonesia Stock Exchange (IDX) to implement a trading halt.
"The IHSG was powerless and experienced a trading halt, likely influenced by market players responding to concerns about domestic economic conditions," said Maximilianus Nicodemus, Associate Director of Pilarmas Investindo Sekuritas, as reported by Antara, Tuesday (March 18, 2025).
Based on the IDX-IC Sectoral Index, all 11 domestic stock sectors experienced corrections today.
The technology sector fell the most, by 10.13%, followed by the basic materials and energy sectors, which fell 6.27% and 3.42%, respectively.
According to RTI Business data, the frequency of stock trades on the domestic exchange today totaled 1.54 million transactions.
A total of 29.50 billion shares changed hands, with a total transaction value of Rp 19.29 trillion.
554 stocks closed lower today, 139 stocks were stagnant, and 118 stocks strengthened.
DCII was today's top loser, falling 20%, followed by FORU and LIVE, which fell 18.78% and 18.50%, respectively.
Meanwhile, today's top gainer was FMII, which soared 24.73%, followed by FWCT and ANJT, which rose 23.24% and 19.63%, respectively.
Unlike the IHSG, Asian markets closed higher this afternoon. The Nikkei index rose 1.20% to 37,845.42; the Hang Seng index rose 2.46% to 24,740.57; the Shanghai index rose 0.11% to 3,429.76; and the Straits Times index rose 0.92% to 3,894.97.
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