Indonesia's IDX Closes Sharply Lower, Following Trend in Most Asian Markets (Thursday, May 11, 2023)
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The Jakarta Composite Index (IHSG) plunged 55.96 points, or weakened by 0.82%, to 6,755.938 at the close of trading on Thursday, May 11, 2023.
This index weakening followed the majority of Asian regional exchanges closing in contraction.
Based on RTI Business data, the frequency of stock trading on the domestic exchange today was 1.62 million transactions.
A total of 19.34 billion shares changed hands, with transaction value reaching Rp10.91 trillion.
The issuer with the code KING became the top loser after weakening by 7.45%, followed by issuers JATI and SAGE, which contracted by 6.96% and 6.93%, respectively.
Meanwhile, today's top gainer was KJEN, which strengthened by 27.38%, followed by AMAN and RAAM, which strengthened by 25% and 24.45%, respectively.
The majority of stocks in today's trading also closed weaker. The details are 333 stocks weakened, 212 stocks stagnated, and 185 stocks declined.
Meanwhile, Asian stock exchanges this afternoon mostly moved negatively. Here's the movement of Asian exchanges this afternoon:
* Nikkei rose 4.5 points or 0.02% to 29,126.699
* Hang Seng fell 18.41 points or 0.09% to 19,743.789
* Shanghai Composite fell 9.6 points or 0.29% to 3,309.55
* Straits Times fell 12.74 points or 0.39% to 3,229.55
"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."
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