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JCI rises slightly at Wednesday's close
Even though most indices across the Asia Pacific weakened, the Jakarta Composite Index (JCI) closed on a positive note in Wednesday's final trading session, increasing slightly by 0
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ven though most indices across the Asia Pacific weakened, the Jakarta Composite Index (JCI) closed on a positive note in Wednesday's final trading session, increasing slightly by 0.06 percent to 5.140,9.
Positive sentiment from the market contributed to the strengthening, following the release of Central Statistics Agency (BPS) data that said the country's inflation rate in September stood at 0.27 percent, showing that prices of goods were relatively stable.
The volume of trade during the closing session involved 5.64 billion shares worth Rp 5.36 trillion (US$439.52 million), kompas.com reported.
As many as 161 stocks traded on the Indonesia Stock Exchange (IDX) strengthened while 121 stocks weakened and 87 stocks remained stable. Property sector shares recorded the highest increase in final trade, rising 1.27 percent, followed by trade and finance with increases of 0.94 percent and 0.76 percent, respectively.
Meanwhile, infrastructure led the list of sectors recording the biggest falls, dropping 1.17 percent.
In the regional market, Japan's Nikkei and Hong Kong's Hang Seng declined by 0.56 percent and 1.28 percent, respectively. (nfo)(++++)
