JAKARTA – Jakarta Composite Index (JCI) arrived at 6,875.54 at yesterday’s (6/2) closing bell, down 2.12% only within one day.

This is the lowest JCI’s position recorded since June 24, 2024. At that time, JCI was closed at 6,889.17.

Following JCI’s consistent trend in the red zone, foreign investors were seen busy offloading their stakes. Until the end of yesterday’s (6/2) session, foreign investors registered net sell of IDR 2.34 trillion. The number increased significantly from Wednesday’s (5/2) net sell, recorded at only IDR 490.49 billion.

Banking stocks like PT Bank Mandiri (Persero) Tbk (BMRI) and PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) led top laggards, contributing to JCI’s downtrend by 37.98 and 26.12 points, respectively.

In the meantime, PT Kalbe Farma Tbk (KLBF) and PT Sumber Alfaria Trijaya Tbk (AMRT) topped the leaders, maintaining JCI with contributions of 4.16-point and 1.31-point increases.

Most of sectoral index also indicated downtrend yesterday, save for healthcare sector, the only sector reporting growth of 1.13%.

JCI’s dip in Thursday (6/2) was the most severe compared to indices in the ASEAN region. For example, Thailand’s SET Index was only corrected 1.92%, and the Philippines’ PSEi Index, 0.62%. (KR/ZH)