JCI posts lowest record in 7 months
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JAKARTA - The Composite Stock Price Index (JCI) set a record low in the last 7 months, touching the level of 6,742.58 at the close of trading this week (7/2).
This decline, which reached 5.16%, made JCI fall to its lowest position since 20 June 2024 or in the last 7 months.
JCI was at its highest position this week on Tuesday (4/2), with a gain of 0.62%. But in the following 3 days, JCI was consistently in the red zone.
Nevertheless, the Indonesia Stock Exchange (IDX) said that trading on 3-7 February 2025 was still closed in the positive zone.
‘The increase occurred in the average daily transaction volume of the Exchange this week increased by 26.60% to 20.75 billion shares,’ said I Gusti Alit Nityaryana, P.H. Corporate Secretary of the IDX, in an official statement.
In addition, said Nityaryana, the average daily transaction frequency on the exchange also increased by 13.06% during the week, to 1.31 million transactions. Then the average daily transaction value also increased by 7.22% to IDR12.08 trillion.
In the midst of this deep decline in the JCI, foreign investors recorded a net sell of IDR3.81 trillion. This made the total foreign net sell since the beginning of the year increased to IDR 7.52 trillion. (KR/LM)