Foreign selling pressure eases, JCI rebounds to 6,606.18
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JAKARTA —Jakarta Composite Index (JCI) strengthened by 19.09 points or 0.29% to 6,606.18 on Wednesday (26/2).
Foreign investor selling pressure began to ease, although a net sell of IDR 323.75 billion was still recorded. This contrasts sharply with the previous day, where foreign net sells reached IDR 1.63 trillion on Tuesday (25/2).
Data from the Indonesia Stock Exchange (IDX) showed that stock trading volume reached 18.67 billion shares on Wednesday, with a total transaction value of IDR 10.85 trillion. Meanwhile, trading frequency was recorded at 1.05 million transactions.
PT DCI Indonesia Tbk (DCII) ranked first among Top Leaders, with a 19.99% increase in share price, contributing 25.55 points to the index.
On the other hand, PT Sumber Alfaria Trijaya Tbk (AMRT) became the Top Laggard with a 7.05% share price correction and a 7.42-point index drag.
Most sectoral indices closed lower, with only four sectors showing gains. These were technology (+8.72%), cyclical consumer (+0.45%), health (+0.43%), and infrastructure (+0.08%).
Despite the rebound on Wednesday, JCI has still declined by 6.69% year-to-date. (KR/ZH)