Morning session saw JCI climbing up

JAKARTA – Jakarta Stock Price Composite Index (JCI) climbed up at today’s opening bell (23/8). The index was seemingly recovering from sluggish trend it recorded yesterday, which was partly due to mass protest outside DPR demanding the cancellation of revised Regional Election (Pilkada) Bill.

Monitoring the board, JCI was seen at 7,543.48 at 9.05 AM WIB. It continued to pick up the pace to 7,548.81 at 11 AM WIB. This uptrend probably reflects the external factor such as the cancellation of revised Pilkada Bill, which are the primary demand and cause for yesterday’s (22/8) protest at DPR.

Several indices showed positive shifts, as well, including LQ45 that went up 1.06% to 944.282, IDX30 up 1.19%to 478.610, IDX80 up 1.19% to 131.791, and IDXESGL up 0.68% to 165.450.

Amidst JCI upturn, blue-chip stocks were seen declining, instead. For example, there are PT Bank Central Asia Tbk (BBCA), PT Bank Mandiri (Persero) Tbk (BMRI), PT Barito Renewables Energy Tbk (BREN), and PT Chandra Asri Pacific Tbk (TPIA).

Thankfully, others rode the positive shift, including PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), PT Bank Negara Indonesia (Persero) Tbk (BBNI), PT Barito Pacific Tbk (BRPT), and PT Amman Mineral Internasional Tbk (AMMN). (LK/ZH)

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