Indonesia's IDX Closed Higher, with BREN and EMTK Stocks Surging (Thursday, October 12, 2023)
Sorry, an error has occurred
For now, this data cannot be displayed. We are trying to fix it.
Back to Home- A Small Font
- A Medium Font
- A Bigger Font
The Jakarta Composite Index (IHSG) strengthened by 3.39 points or 0.05% to 6,935.15 at the close of trading on Thursday (12/10/2023).
The index's strengthening was supported by several soaring issuers today, including BREN and EMTK. BREN shares rose 24.75%, while EMTK shares rose 5.74%.
BREN, or PT Barito Renewable Energy Tbk (BREN), is one of the issuers that recently listed this week.
The issuer owned by tycoon Prajogo Pangestu continued to record Auto Reject Atas (ARA) for four consecutive days. Today, its shares rose 24.75% to Rp1,890 per share, with a market capitalization of Rp252.86 trillion.
Based on the IDX-IC Sectoral Index, six sectors strengthened today. The infrastructure sector rose the highest at 3.76%, followed by the non-primary consumer goods and health sectors, which rose 0.68% and 0.52%, respectively.
Meanwhile, five other sectors declined. The basic materials sector fell the most at -1.40%, followed by the energy and technology sectors, which fell -0.9% and -0.89%, respectively.
Based on RTI Business data, the frequency of share trading on the domestic exchange today was 1.47 million transactions.
A total of 33.08 billion shares changed hands, with a transaction value of Rp12.22 trillion.
Issuer OPMS became the top gainer after strengthening by 34.55%, followed by issuers STRK and IPTV, which strengthened by 34.07% and 28.3%, respectively.
Meanwhile, today's top loser was MUTU, which weakened by 18.75%, followed by KOKA and APEX, which contracted by 16.47% and 9.3%, respectively.
Although the index strengthened, the majority of shares closed weaker today. Specifically, 330 shares closed weaker, 221 shares strengthened, and 206 shares were stagnant.
Asian regional stock exchanges generally strengthened this afternoon. The Nikkei index strengthened by 1.75% to 32,494.69, the Hang Seng index strengthened by 1.93% to 18,238.21, the Shanghai index weakened by 0.94% to 3,107.90, and the Strait Times index strengthened by 0.81% to 3,218.69.
"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."