Sudden uptrend, JCI broke another record

JAKARTA – Jakarta Stock Price Composite Index (JCI) arrived at 7,658.88 at today’s (28/8) closing bell, breaking another record. This surge is entailed with increases in other indices in the stock exchange.

Monitoring the board this afternoon, JCI was seen gaining strides all day, although plummeting at the starting line, hitting below 7,600. Then, the index picked up, recovering after slowing down last week due to heightened state in domestic politic following House of Representative’s (DPR) plan to pass Regional Election Bill.

Throughout the day, other indices reported increases as well, including LQ45 that went up 0.23% to 948.648, IDX30 up 0.47% to 480.502, IDX80 up 0.27% to 132.676, and IDXESGL up 0.88% to 166.566.

Several blue-chip stocks were also seen growing, for example, PT Bank Central Asia Tbk (BBCA), PT Indofood Sukses Makmur Tbk (INDF), PT Adaro Energy Indonesia Tbk (ADRO), PT Bank Mandiri (Persero) Tbk (BMRI), and PT Barito Renewables Energy Tbk (BREN).

On the other hand, several other stocks were seen corrected, including PT Amman Mineral Internasional Tbk (AMMN), PT Aneka Tambang Tbk (ANTM), PT Harum Energy Tbk (HRUM), and PT Timah Tbk (TINS). (LK/ZH)

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