TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
JCI weakens by 15.92 points
The Jakarta Composite Index (JCI) on Monday afternoon weakened as several market players took a buying-position
Change Size
The Jakarta Composite Index (JCI) on Monday afternoon weakened as several market players took a buying-position.
The index dropped by 15.92 points, or 0.36 percent, to 4,450.75 during Monday's final trading session while the LQ45 index, which lists the 45 most liquid stocks, weakened by 3.22 points (0.43 percent) to 747.83.
'Several stock market players have benefitted the momentum to take profits after the JCI index strengthened last week,' said Trust Securities head of research Reza Priyambada in Jakarta, on Monday, as reported by Antara.
He added that several stock markets in Asian and European countries had moved varyingly, which held back the JCI index.
Meanwhile, HD Capital analyst, Yuganur Wijanarko, said market players were waiting for Bank Indonesia's (BI) policy on its benchmark interest rate (BI Rate), as it could affect the JCI.
The JCI recorded 239,562 stock trade transactions, with a volume of 4.57 billion shares worth Rp 5.2 trillion (US$426.4 million).
In regional markets, the Hang Seng index weakened by 57.59 points (0.27 percent) to 21,579.26; the Nikkei index strengthened by 255.93 points (1.77 percent) to 14,718.34; and the Straits Times index strengthened by 4.06 points (0.13 percent) to the position of 3,017.2. (ebf)
