JCI corrected 4.65% in last week's trading
JAKARTA - The Composite Stock Price Index (JCI) showed a 4.65% decline in trading last week, to 7,324.79.
The decline was driven by low liquidity on the stock exchange during December 16-20, 2024. The average volume of shares traded in this period fell 17.71% during the week, to 23.32 billion shares. Meanwhile, the average transaction value fell 39.36% to IDR 20.19 trillion.
Foreign investors also recorded a net sell of IDR4.09 trillion in last week's trading. This amount was greater than the net sell in the previous week, which amounted to only IDR 2.7 trillion.
PT Barito Renewables Energy Tbk (BREN) led the list of Top Leaders last week, with a share price increase of 7.92% and added 25.11 index points. Meanwhile, PT Bank Mandiri (Persero) Tbk (BMRI) was the first Top Laggards, with a price decline of 5.81% and 30.59 index points.
All sectoral indices showed a decline in performance last week. The Basic Materials sector showed the deepest decline, which reached 8.21%.
For the record, a number of composite indices in the ASEAN region also showed declines last week. However, the SET Index (Thailand) and JCI showed the biggest decline of 4.65%. (KR/LM)