The Composite Stock Price Index (JCI) on Wednesday (22/1) closed up 75.31 points or 1.05% higher to 7,257.13. Share trading volume was recorded at 16.44 billion shares, with a transaction value of IDR 11.91 trillion.

The strengthening of JCI was supported by the performance of sectoral indices, especially the technology sector which strengthened by 2.54%. Meanwhile, the property and real estate sector fell the most, reaching 1.39%.

Top stocks that became the main drivers (Top Leaders) of the JCI included PT Amman Mineral Internasional Tbk (AMMN), with a price increase of 5.52%. Shares of PT Telkom Indonesia (Persero) Tbk (TLKM) followed next with a price increase of 3.80%, then shares of PT Bank Mandiri (Persero) Tbk (BMRI) 1.65%. AMMN shares contributed 14.41 points to the JCI, TLKM shares 11.57 points, and BMRI 8.94 points.

Meanwhile, PT Pantai Indah Kapuk Dua Tbk (PANI) shares ranked first in the Top Laggards, with a price decline of 1.95%. This was followed by PT Petrosea Tbk (PTRO) with a price decline of 3.83% and PT Petrosea Tbk (PTRO) dengan penurunan harga 3,83% dan PT Bangun Kosambi Sukses Tbk (CBDK) with a price decline of 5.51%. PANI shares suppressed 1.16 points of JCI, PTRO 1.06 points, and CBDK 0.77 points.

Foreign investors recorded a net buy of IDR 292.99 billion on Wednesday's trade. However, on an annual basis, foreign investors still posted a net sell of IDR3.05 trillion, indicating mixed capital flow dynamics throughout the year. (KR/LM)