Indonesia's IDX Strengthens Amidst Weak Asian Stock Markets (Friday, March 24, 2023)
Sorry, an error has occurred
For now, this data cannot be displayed. We are trying to fix it.
Back to Home- A Small
- A Medium
- A Bigger
The Jakarta Composite Index (IHSG) strengthened by 70.64 points or 1.06% to 6,762.25 at the close of trading on Friday, March 24, 2023. This strengthening occurred amidst a weakening of Asian regional stock exchanges.
According to RTI Business data, this afternoon the Nikkei index weakened by 0.13% to 27,385.3, the Hang Seng index fell by 0.67% to 19,929.68, the Shanghai index corrected by 0.64% to 3,265.65, and the Straits Times index fell by 0.2% to 3,212.64.
"The strengthening of the IHSG also seems to be supported by the movement of banking issuers, most of which recorded cum dividends this week and next week," said MNC Securities Analyst Herditya Wicaksana, as reported by Antara, Friday (24/3/2023).
Herditya assessed that today's strengthening of the IHSG was also influenced by sentiment from the United States (US), where banking liquidity turmoil there began to subside, although the US central bank's (The Fed) interest rate increased by 25 basis points to 5% in March 2023.
Based on data from the Indonesia Stock Exchange (IDX), the frequency of domestic stock trading today reached 1.35 million transactions.
A total of 18.94 billion shares changed hands, with a total transaction value of Rp 15.34 trillion.
The issuer with the code SAGE became the top gainer with a strengthening of 34.51%. Followed by ELIT and LPKR which strengthened by 20% and 18.99% respectively.
Today's top loser was RCCC, which contracted by 9.47%, followed by CASH and BLTZ which weakened by 7.81% and 7% respectively.
The majority of stocks closed higher today. The details are 357 stocks strengthened, 282 stocks were stagnant, and 216 stocks weakened.
"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."