Online shopping day, JCI saw 1% correction
JAKARTA. Online shopping day commemorated every December 12 did not sustain the uptrend Jakarta Stock Price Composite Index (JCI) has shown since the beginning of the week.
Yesterday (12/12), JCI was closed 0.94% lower, or 70.52 index points weaker, at 7,394.24, bringing 3-days positive streak to a halt.
Most sectoral indices also showed decline. Out of 11 indices, only 3 sectors indicated increases, namely Energy (+0.09%), Basic Materials (+0.12%), and Consumer Cyclicals (+0.59%).
At Top Leaders board, PT Barito Renewables Energy Tbk (BREN) seized the top spot, scoring 1.49% jump in price and boost JCI by 4.65 index points.
On the contrary, PT Bank Central Asia Tbk (BBCA) sat at the first place of Top Laggards, recording 2.40% slippage in price level, thus suppressing JCI by 16.16 index points.
Net foreign sell was recorded at IDR 2.18 trillion, equal to approximately USD 137.05 million, yesterday. It contrasted with net foreign buy recorded last Wednesday (11/12) worth IDR 495.42 billion.
Throughout the session yesterday (12/12), transaction volume in Indonesia Stock Exchange (IDX) was registered at 19.72 billion shares, with transaction value at IDR 12.12 trillion or USD 760 million, and transaction frequency at 1.21 million. (KR/ZH)