Jakarta Composite Index (JCI) Strengthens, Driven by BBCA and ISAT (Monday, October 2, 2023)

The Jakarta Composite Index (JCI) strengthened by 21.56 points or 0.31% to 6,961.46 at the close of trading on Monday (2/10/2023).

The strengthening of the stock index today was driven by a number of issuers, including BBCA, which closed up 2.83%, and ISAT, which strengthened by 4.83%.

Based on RTI Business data, the frequency of stock trading on the domestic exchange today was 1.23 million transactions.

A total of 18.74 billion shares changed hands, with a transaction value reaching Rp9.82 trillion.

The issuer with the code PRIM became the top gainer after strengthening by 34.55%, followed by issuers META and DOOH, which strengthened by 25% and 21.14%, respectively.

Meanwhile, today's top loser was MITI, which weakened by 16.94%, followed by MEDS and WIDI, which contracted by 11.29% and 9.89%, respectively.

Based on the IDX-IC Sectoral Index, six stock sectors increased today, led by the property sector, which rose 1.09%, the infrastructure sector, which rose 0.92%, and the non-primary consumer goods sector, which rose 0.91%.

Meanwhile, five sectors were corrected, especially the energy sector, which fell 1.05%, the raw materials sector, which fell 0.44%, and the technology sector, which weakened by 0.22%.

Although the stock index strengthened, the majority of stocks closed lower today. Specifically, 266 stocks weakened, 259 stocks strengthened, and 232 stocks were stagnant.

Meanwhile, regional Asian stock exchanges tended to weaken this afternoon. The Nikkei Index fell 0.313% to 31,759.900, and the Strait Times Index weakened 0.27% to 3,208.860. Meanwhile, the Shanghai and Hang Seng indices were closed in observance of national holidays.