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JCI falls 0.15% in morning session
After strengthening at Friday's close last week, the Jakarta Composite Index (JCI) opened on a negative note in Monday's first trading session, declining by 0
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fter strengthening at Friday's close last week, the Jakarta Composite Index (JCI) opened on a negative note in Monday's first trading session, declining by 0.15 percent to 5,219.
Indonesia Stock Exchange (IDX) data showed that 106 stocks had weakened by 9 a.m. on Monday, while 78 other stocks strengthened and 68 remained stable.
The IDX data revealed that only shares in two out of 10 sectors recorded improvements in the morning, namely in the mining and financial sectors, which increased by 0.2 percent and 0.12 percent, respectively, kontan.co.id reported.
Shares in eight other sectors declined, with the miscellaneous industry sector recording the biggest fall, dropping by 0.88 percent.
During the opening session, 28,363 transactions took place, involving 609.03 million shares worth a total of Rp 651 billion (US$54.18 million).
Stocks across Asia also weakened in the morning session. The MSCI Asia Pacific Index had dropped by 0.5 percent by 11:01 a.m. Tokyo time.
In addition, Hong Kong's Hang Seng and South Korea's Kospi declined by 1 percent and 0.6 percent, respectively. (nfo)
