JCI soars to 7,464.75, foreign investors increased spending
JAKARTA. The Composite Stock Price Index (IHSG) continued its growth in trading on Wednesday (11/12) today, with an increase of 0.15% or 11.47 points to the level of 7,464.75.
This is an increase that has occurred consecutively since Monday (9/12). Previously on Monday the index closed up 0.74% or 54.95 points and on Tuesday 0.21% or 15.56 points.
Transactions carried out by foreign investors recorded a net purchase (net foreign buy) of IDR 495.42 billion or the equivalent of US$ 31.15 million. This amount is much larger than last Tuesday, where net foreign buy was only recorded at IDR 84.26 billion or the equivalent of US$ 5.31 million.
Today's index increase was driven by shares of PT Bayan Resources Tbk (BYAN) which was ranked first in the Top Leaders, with a share price increase of 3.50%. The increase in BYAN's share price contributed to the index's 10.16 point increase.
Meanwhile, PT Amman Mineral Internasional Tbk (AMMN) shares were ranked first in the Top Laggards, with a share price decline of 1.60%. Even though the price decline was not as big as the stocks on the Top Loosers list, AMMN pushed the index down to 6.09 points today.
As of the close of trading today, the volume of shares traded on the stock exchange was recorded at 26.48 billion shares. The transaction value on the stock exchange was recorded at IDR 16.29 trillion in 1.34 million trades. (KR/LM)