439 Stocks Corrected, JCI Closed Weaker at 7,088 (Monday, December 11, 2023)

The Jakarta Composite Index (JCI) fell 70.81 points or 0.99% to 7,088.785 at the close of trading on Monday (11/12/2023).

The weakening index was caused by 439 stocks that corrected today. Then, 190 other stocks were stagnant and 137 stocks strengthened.

Based on the IDX-IC Sectoral Index, nine sectors weakened, with the technology sector falling the most at minus 7.27%, followed by the infrastructure sector and the transportation and logistics sector, which fell by 3.38% and 2.91%, respectively.

Meanwhile, two other sectors increased, namely the financial sector and the primary consumer goods sector, which rose by 0.93% and 0.39%, respectively.

According to RTI Business data, the frequency of stock trading on the domestic exchange today was 1.57 million transactions.

A total of 52.66 billion shares changed hands, with transaction value reaching Rp 14.50 trillion.

The issuer with the code GOTO was the top loser today after plunging 20.37%, followed by WIKA and CYBER, which fell by 19.62% and 13.07%, respectively.

Meanwhile, the top gainer today was FIRE, which soared 34.45%, followed by PANI and RAJA, which rose by 25% and 24.79%, respectively.

Asian regional stock exchanges showed varied movement this afternoon. The Nikkei index strengthened by 1.5% to 32,791.80, the Hang Seng index weakened by 0.81% to 16,210.49, the Shanghai index strengthened by 0.74% to 2,991.44, and the Straits Times index weakened by 0.66% to 3,090.20.