The Jakarta Composite Index (JCI) suffered a major hiccup at the close of trade on Thursday, falling significantly by 2
he Jakarta Composite Index (JCI) suffered a major hiccup at the close of trade on Thursday, falling significantly by 2.73 percent, or the equivalent of 140.1 basis points to 5,000.81.
The volume of trade involved 4.58 billion shares with a total value of Rp 6.49 trillion (US$ 532.18 million) by 4 p.m. on Thursday, kontan.co.id reported.
The Indonesia Stock Exchange (IDX) data showed that 296 stocks weakened during the final trade session, while 41 stocks strengthened and 52 stocks remained stable.
Shares in every sector traded on the IDX failed to make improvements, with miscellaneous industry recording the biggest fall, dropping by a massive 5.09 percent, followed by finance and consumer goods which fell by 3.38 percent and 1.22 percent, respectively.
Stocks in the LQ45 index which became the biggest losers in the closing session were PT Bank Negara Indonesia (BBNI), PT Astra International (ASII) and PT Charoen Pokphand (CPIN).
Indices in the Asia Pacific market also weakened because of political tensions, such as the protests in Hong Kong. The MSCI Emerging Markets Index declined by 0.5 percent by 4 p.m. Hong Kong time. (nfo)(++++)
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