JCI drops 0.67%, foreign investors net sell IDR 886 billion

JAKARTA – Jakarta Composite Index (JCI) weakened by 0.67%, falling 43.68 points to 6,471.95 during trading on Monday (17/3).
Amid the index's decline, foreign investor selling pressure increased, recording a net sell of IDR 886.07 billion. This brings the foreign net sell since the beginning of the year to IDR 26.93 trillion.
Shares of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) led the gainers, with a price increase of 2.13%, pushing the index up by 12.29 points. However, on a year-to-date (ytd) basis, BBRI shares have dropped 6.13%, dragging the index down by 38.44 points.
Meanwhile, PT DCI Indonesia Tbk (DCII) was the biggest laggard, with its share price plummeting by 19.99%, weighing down the index by 47.75 points. Nevertheless, DCII shares have still recorded a 243.82% gain, contributing 135.53 points to the index since the start of the year.
The Basic Materials sector performed best on Monday's trading, rising by 2.28%. Meanwhile, the technology sector suffered the deepest correction, falling by 11.20%. (KR/ZH)