Composite Index Closes Up 0.05% at 331.7941 (Monday, November 15, 2021)

Today, the Indonesian Rupiah exchange rate and stock prices on the exchange corrected. Investors took advantage of this situation to enter the domestic bond 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 331.7941 on Monday, November 15, 2021. This figure is up 0.1817 points (0.05%) from the previous day's closing level of 331.6124.

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.

Specifically, the INDOBeX Composite Clean Price closed up 0.0445 points (0.0368%) to 120.98. Meanwhile, the INDOBeX Effective Yield Composite Index rose 0.0115 points (0.2%) to 5.8093.

The INDOBeX Government Total Return closed up 0.1612 points (0.05%) to 325.31. Meanwhile, the INDOBeX Corporate Total Return Index rose 0.4654 points (0.13%) to 363.91.

Today's spot market rupiah exchange rate closed down Rp 20/US$ (0.16%) to Rp 14,212.5/US$. The Jakarta Composite Index (IHSG) closed down 35 points (0.53%) to 6,616.03.