Morning session saw JCI weakening again
JAKARTA – Jakarta Stock Price Composite Index (JCI) slipped down throughout the morning session today (24/10). Nearing the closing bell, JCI was seen arriving at 7,761.41, much lower than 7.783.15 seen at the opening bell.
Monitoring the board this morning, the index’s negative trend resembled yesterday’s (23/10) pattern, which declined towards the end of first session. The market seemed to have less positive response towards the inauguration and the first meeting of the new Merah Putih cabinet.
This idle response was also reflected in other indices, including LQ45 that got corrected 0.22% to 952.683, IDX30 down 0.25% to 491.442, IDX80 down 0.39% to 136.741, and IDXESGL down 0.47% to 168.826.
Several stocks that got corrected this morning included big names such as PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), PT Bank Mandiri (Persero) Tbk (BMRI), PT Telkom Indonesia (Persero) Tbk (TLKM), PT Chandra Asri Pacific Tbk (TPIA), PT Amman Mineral Internasional Tbk (AMMN), and PT Bank Negara Indonesia (Persero) Tbk (BBNI).
However, other blue-chip stocks saw positive shifts, including PT Bank Central Asia Tbk (BBCA), PT Barito Renewables Energy Tbk (BREN), PT Indofood Sukses Makmur Tbk (INDF), PT Mulia Boga Raya Tbk (KEJU), PT Mitra Keluarga Karya Tbk (MIKA), and PT Bayan Resources Tbk (BYAN). (LK/ZH)