Composite Index Closes Up 0.05% at 332,4287 (Monday, January 17, 2022)

The weakening Indonesian Rupiah and the correction in stock prices on the exchange were used by investors to take profits in the domestic debt market. Some investors maintained their holdings in government bonds.

According to the Indonesian Securities Valuation Company (PHEI) website, the Indonesia Composite Bond Index (ICBI) closed at 332.4287 on Monday, January 17, 2022. This figure is up 0.177 points (0.05%) from the previous day's closing level of 332.2517.

Furthermore, today's transactions showed that market players were hunting for both government and corporate bonds. This positive sentiment caused the domestic bond market to rise.

In detail, the INDOBeX Composite Clean Price closed down 0.0041 points (0.0034%) to 119.76. Meanwhile, the INDOBeX Effective Yield Index rose 0.0013 points (0.02%) to 5.92.

The INDOBeX Government Total Return closed up 0.1774 points (0.05%) to 325.69. Meanwhile, the INDOBeX Corporate Total Return Index rose 0.1304 points (0.04%) to 368.41.

Today's spot exchange rate for the Rupiah closed down Rp 20.5/US$ (0.14%) to Rp 14,317.5/US$. The Jakarta Composite Index (IHSG) closed down 48 points (0.72%) to 6,645.05.