JAKARTA – Jakarta Stock Price Composite Index (JCI) shifted positively at the beginning of today’s (8/11) session, following the Fed’s decision to lower the interest rate by 25 basis points (bps) yesterday (7/11) local time.

Monitoring the board, the index shifted upwards to 7,321.96 at 11 AM WIB, from 7,294.03 seen at the opening bell at 9 AM WIB today. The index peaked at 7,343.22 at 10 AM WIB, before slowing down yet still remaining in the green zone.

The market’s optimism this morning was then reflected into other indices, such as LQ45 that went up 0.34% to 890.051, IDX30 up 0.22% to 458.025, IDX80 up 0.62% to 129.086, and IDXESGL up 0.90% to 155.012.

High-market-cap issuers also showed improvement, following this trend, including PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), PT Barito Pacific Tbk (BRPT), PT Barito Renewables Energy Tbk (BREN), PT Chandra Asri Pacific Tbk (TPIA), PT Amman Mineral Internasional Tbk (AMMN), and PT Indofood CBP Sukses Makmur Tbk (ICBP).

On the other hand, other stocks declined instead, such as PT Bank Central Asia Tbk (BBCA), PT Mayora Indah Tbk (MYOR), PT Indofood Sukses Makmur Tbk (INDF), PT Bukit Asam Tbk (PTBA), PT Adaro Energy Indonesia Tbk (ADRO), PT Indo Tambangraya Megah Tbk (ITMG), and PT Astra Internasional Tbk (ASII). (LK/ZH)