JCI recovers near closing bell

JAKARTA – Jakarta Stock Index Composite (JCI) has recovered at the end of today’s (12/8) trading session. After gaining strides at today’s opening bell in the morning, the index was seen slipping to the red zone until 2 PM WIB.

Monitoring the afternoon session, JCI was seen closing at 7,279.36, higher compared to the opening position this morning at 7,261.58. The index’s closing position last Friday (9/8) was at 7,257.

Throughout the morning session, the index was seen dropping to the red zone, even hitting the floor to 7,237.42 nearing the end of the first session. It still rode a downtrend until 1.30 PM WIB, before finally rebounding back to the green zone at 2 PM WIB.

Several indices followed JCI uptrend, including LQ45 that went up 1.03% to 908.131, IDX30 up 0.38% to 455.860, IDX80 up 1.04% to 126.916, and IDXESGL up 0.6% to 162.977.

Some of blue-chip stocks were also seen showing positive trend, such as PT Bank Central Asia Tbk (BBCA), PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), PT Bank Mandiri (Persero) Tbk (BMRI), and PT Barito Renewables Energy Tbk (BREN).

In the meantime, weakening stocks were also detected, including, among others, PT Amman Mineral Internasional Tbk (AMMN), PT Bayan Resources Tbk (BYAN), and PT Indofood Sukses Makmur Tbk (INDF). (LK/ZH)

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