JAKARTA – Jakarta Composite Index (JCI) dropped 0.74% due to the weakening of several large-cap stocks on Thursday afternoon (19/12).

JCI decline was driven by unsatisfactory stock performance of several issuers with the biggest market capitalisation in the past week, since December 13.

Data compiled by IDNFinancials highlights five large market capitalization issuers, including PT Bank Central Asia Tbk (BBCA), PT Barito Renewables Energy Tbk (BREN), PT Bayan Resources Tbk (BYAN), PT Amman Mineral Internasional Tbk (AMMN), and PT Bank Rakyat Indonesia (Persero) Tbk (BBRI).

BBCA recorded a market cap of IDR 1.18 quadrillion. Its shares were priced at IDR 9,725 during midday, increasing by IDR 25 from the morning session price of IDR 9,700 per share. However, its stock performance was down 3.9% compared to IDR 10,125 last week (13/12).

BREN posted a market cap of IDR 1.17 quadrillion. Its stock price increased by IDR 125 to IDR 8,825 from IDR 8,700 per share earlier in the session. The stock's performance rose by 2.32% from IDR 8,600 per share last week (13/12).

BYAN recorded a market cap of IDR 675 trillion. As of midday, its stock price rose by IDR 250 to IDR 20,250 from IDR 20,000 per share. Over the past week since (13/12), its stock performance declined by 2.17% from IDR 20,250 per share.

AMMN had a market cap of IDR 636.35 trillion. Its shares fell by IDR 25 to IDR 8,775 from IDR 8,800 per share at the start of Thursday's session (19/12). The stock has decreased by 5.89% over the last week from IDR 9,325 per share.

BBRI recorded a market cap of IDR 612.18 trillion. The state-owned bank's stock price stood at IDR 4,070, down by IDR 30 from IDR 4,100 earlier in the session. The stock's performance dropped 4% from last week's level of IDR 4,240 per share. (LK/ZH)