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IHSG rebounds on Thursday after two-day decline
The IDX Composite rose by 0.50 percent to close at 6,838.23, marking a positive recovery after a two-day drop.
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An employee takes a photo of a screen showing stock movements on July 4, 2023, at the Indonesian Stock Exchange (IDX) in Jakarta. The IDX Composite ended stronger on Nov. 9, 2023, rising by 0.50 percent to close at 6,838.23. (Antara/Hafidz Mubarak A)
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he Indonesian Stock Exchange (IDX) Composite rebounded on Thursday, closing 0.50 percent or 34.127 points higher at 6,838.23. This upturn followed two consecutive days of decline.
Trading activity was observed 1,132,044 times, with a total trading volume of 15.137 billion shares, valued at Rp 7.72 trillion (US$494.08 million). Of the listed shares, 253 saw gains, 286 declined and 216 remained stagnant.
Most stock sectors witnessed an upward surge, with the most significant increase seen in the infrastructure goods sector, which increased by 7.62 percent. Close behind was the financial sector, with stocks rising by 0.49 percent, the transportation sector by 0.47 percent, the energy sector by 0.46 percent and non-primary consumer goods by 0.27 percent.
Raw goods saw the biggest decline among the sectors, falling by 0.27 percent. Other sectors saw minor declines, including the primary consumer goods sector at 0.1 percent, the industrial sector at 0.05 percent and the health sector at 0.03 percent.
The LQ45 index also closed on a positive note, up 0.14 percent to 908.03 from 906.75.
Top gainers for Thursday were Tripar Multivision Plus (RAAM), with a 24.48 percent surge, Barito Renewables Energy (BREN) which gained 18.75 percent and Millenium Pharmacon International (SDPC), which rose by 16.05 percent.
Also ending the day strong were Lovina Beach Brewery (STRK), which gained 15.67 percent, and Ulima Nitra (UNIQ) with a 12.75-percent increase.
