Opening the week, JCI was sluggish throughout the day

JAKARTA – Jakarta Composite Stock Price Index (JCI) kept declining since today’s (5/8) transaction opening until the closing bell this afternoon. The index was closed at 7,059.65, much lower than the opening position at 7,230.39.

As monitored until the closing bell, it crashed to the lowest level at 2 PM WIB at 7,004.44. After hitting rock bottom, it began to pick up the pace, but failed to reach the safe threshold at level 7,250. Last Monday (29/8), JCI shifted more positively compared to this week, in which it managed to arrive at 7,288.90.

JCI declining trend is further reflected on several other indices, including LQ45 that got corrected 3.12% to 890.709, IDX30 that went down 3.32% to 443.342, IDX80 that slipped 3.16% to 124.458, and IDXESGL that moved negative 3.23% to 148.657.

Several blue-chip stocks also rode the downtrend, including PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), PT Bank Mandiri (Persero) Tbk (BMRI), PT Bank Negara Indonesia (Persero) Tbk (BBNI), PT Astra International Tbk (ASII), PT Amman Mineral Internasional Tbk (AMMN), and PT Chandra Asri Pacific Tbk (ASII). (LK/ZH)

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