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Eleven Stock Sectors Burn, IHSG Closes Down 0.49% (Wednesday, May 8, 2024)
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The Jakarta Composite Index (IHSG) closed down 34.81 points, or 0.49%, to 7,088.79 on Wednesday (May 8, 2024).
Based on the IDX-IC Sectoral Index, 10 out of 11 stock sectors declined today. The property sector fell the most, by 1.80%, followed by the finance and transportation sectors, which decreased by 0.93% and 0.81%, respectively.
Meanwhile, only the energy sector strengthened today, by 0.11%.
According to RTI Business data, there were 1.78 million transactions on the domestic stock exchange today.
A total of 21.46 billion shares were traded, with a transaction value of Rp 13.08 trillion.
367 stocks closed lower today, 218 stocks were stagnant, and 194 stocks rose.
SURI was today's top loser, plunging 14.29%, followed by PSAB and IDEA, which fell 13.79% and 9.09%, respectively.
On the other hand, SOLA was today's top gainer, soaring 34.55%, followed by DATA and GILL, which rose 24.60% and 16.41%, respectively.
In line with the weakening IHSG, all regional Asian stock exchanges also closed in the red. The Nikkei index fell 1.63% to 38,202.39, the Hang Seng index fell 0.90% to 18,313.85, the Shanghai index fell 0.61% to 3,128.47, and the Straits Times index fell 1.12% to 3,262.98.
"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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