Indonesia's IDX Closed Higher, Supported by Strengthening Energy Sector (Wednesday, July 20, 2023)
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The Jakarta Composite Index (IHSG) rose 33.98 points, or 0.50%, to close at 6,864.18 on Thursday (20/7/2023).
The index's strengthening today was driven by a surge in the energy sector index, which soared 1.56%. This was followed by the property and financial sectors, which strengthened by 1.52% and 0.85%, respectively.
Meanwhile, the declining sectoral indices were healthcare and consumer staples, contracting by 0.52% and 0.28%, respectively.
Based on RTI Business data, the frequency of stock trades on the domestic exchange today totaled 1.22 million transactions.
A total of 16.28 billion shares changed hands, with a transaction value reaching Rp10.16 trillion.
PRAS was the top gainer, strengthening by 14.37%, followed by CRSN and SMMT, which strengthened by 13.13% and 11.06%, respectively.
Meanwhile, the top loser today was RELF, weakening by 10%, followed by GULA and WIDI, which contracted by 9.73% and 9.47%, respectively.
The majority of stocks closed higher today. Specifically, 294 stocks rose, 231 stocks were stagnant, and 223 stocks fell.
"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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