JAKARTA – Jakarta Composite Index (JCI) was reported increasing in the start of today’s (29/3) trading session at 9 AM WIB, reaching 6,783.43. It nearly rebounded to the position seen at the beginning of March 2023 prior to the domino effect of Silicon Bank Valley and Signature Bank’s downfall on March 10-12, 2023.

According to Indonesia Stock Exchange (IDX) data compiled by IDNFinancials today (29/3), JCI had consistently risen to 6,817.24 until 11 AM WIB. It was so close to JCI’s uppermost range, at 6,844.94 in the beginning of March 2023.

Some of the stocks that demonstrated positive shift include PT Astra Agro Lestari Tbk (AALI), PT Acset Indonusa Tbk (ACST), PT Ace Hardware Indonesia Tbk (ACES), and PT Akasha Wira International Tbk (ADES).

The growing trend of JCI managed to rouse other indexes, such as LQ45, IDX30, IDX80, and IDXESGL. LQ45 was reported arriving at 939.93 at the opening bell. Until 11 AM WIB, this index had grown 5.5 points higher to 944.98 from the initial post at today’s opening.

IDX30 was still quite fluctuating, starting with 488.92 at the opening and shifting to 492.27 at 9.45 AM. However, it slid down to 490.93 at 10.10 AM before bouncing back to 492.07 at 11.20 AM. (LK/ZH)