JCI regained strength at last minute

JAKARTA – Jakarta Stock Price Composite Index (JCI) regained strength at the closing bell today (8/10). This is an improvement from its opening position, in which JCI dropped to 7,455.23.

Monitoring the board nearing the closing time, the index was seen shifting upwards since 2 PM WIB. It even peaked at 7,583.72 at 3.25 PM WIB before dropping down to 7,577.14 at 4 PM WIB.

JCI trend throughout the day seemed more optimistic compared to yesterday (7/10), in which the index was stuck at the red zone. Although it has yet to fully rebound to 7,700, its run indicates the return of market optimism.

Until the closing bell, several other indices also reported improvement, such as LQ45 that went up 1.28% to 939.272, IDX30 up 1.33% to 483.970, IDX80 up 0.85% to 133.624, and IDXESGL up 1.62% to 163.653.

The stocks that were see riding the inclination nearing the closing bell, among others, were PT Mayora Indah Tbk (MYOR), PT Garudafood Putra Putri Jaya Tbk (GOOD), PT Mulia Boga Raya Tbk (KEJU), PT Indofood CBP Sukses Makmur Tbk (CBP), and PT Indofood Sukses Makmur Tbk (INDF).

On the other hand, several mining companies got corrected, including PT Indo Tambangraya Megah Tbk (ITMG), PT Adaro Energy Indonesia Tbk (ADRO), PT Bukit Asam Tbk (PTBA), PT United Tractors Tbk (UNTR), and PT Bayan Resources Tbk (BYAN). (LK/ZH)