JAKARTA – Jakarta Stock Price Composite Index (JCI) soared 7,701.39 right after the opening bell today (2/9). The index was seen growing quite steadily to 7,717.79 at 11 AM WIB.

Monitoring the board today, the index uptrend this morning seemed to reflect investors’ optimism towards the stock market in the early weeks of September 2024. This positive trend has actually been detected since last week, following relaxed political tension after House of Representatives and the Government agreed upon Constitutional Court’s decision to lower threshold for political parties to nominate their regional heads.

Indices in the stock market were also seen flourishing, for example, LQ45 that went up 1.04% to 954.265, IDX30 up 1.07% to 484.024, IDX80 up 1.02% to 133.434, and IDXESGL up 0.14% to 167.469.

Several consumer goods companies were seen climbing, including PT Indofood CBP Tbk (ICBP), PT Unilever Tbk (UNVR), PT Cimory Tbk (CMRY), PT Siantar Top Tbk (STTP), and PT FKS Food Sejahtera Tbk (ASIA).

However, some of them also reported declines, such as PT Indofood Sukses Makmur Tbk (INDF), PT Mayora Indah Tbk (MYOR), PT Ultrajay Milk Industry Tbk (ULTJ), PT Garudafood Putra Putri Jaya Tbk (GOOD), and PT Mulia Boga Raya Tbk (KEJU). (LK/ZH)