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IDX Composite rises 0.13% as eight sectors gain
The IDX Composite index started the week by rising 0.13 percent, or 9.18 points, to close at 6,889.16, with eight of 11 sectors gaining.
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Tidy trading: A custodian cleans the floor of the Indonesia Stock Exchange (IDX) building in South Jakarta on April 16, 2024. The IDX Composite rose 0.13 percent, or 9.18 points, to close at 6,889.16 on June 24, 2023. (Antara/Erlangga Bregas Prakoso)
T
he Indonesia Stock Exchange (IDX) Composite index (IHSG) strengthened by 0.13 percent, or 9.18 points, to close at 6,889.16 on Monday.
The rise in the index was supported by eight sectors.
The biggest increase was in the non-primary consumer goods sector, up 2.19 percent, followed by technology at 1.38 percent and transportation at 0.85 percent.
The primary consumer goods sector gained 0.62 percent, energy gained 0.56 percent, industry 0.21 percent, infrastructure 0.21 percent and raw materials 0.20 percent.
Meanwhile, the property and real estate sector fell by 0.79 percent, health fell by 0.41 percent and the financial sector contracted by 0.07 percent.
The total stock trading volume was 19.14 billion shares, with a transaction value of Rp 9.36 trillion (US$571 million).
Of the traded stocks, 312 rose, 247 fell and 224 remained unchanged.
The top gainers in the LQ45 index were PT Charoen Pokphand (CPIN), up 6.69 percent to Rp 5,100 per share; PT Bank Jago (ARTO), up 6.19 percent to Rp 2,230 per share; and PT Bukalapak.com (BUKA), up 4.65 percent to Rp 136 per share.
The top losers were PT Sarana Menara Nusantara (TOWR), which was down 3.57 percent to Rp 675 per share, PT Vale Indonesia (INCO), down 3.32 percent to Rp 4,080 per share and PT Bank Mandiri (BMRI), down 2.04 percent to Rp 6,000 per share.
The rupiah strengthened following the rise in the IDX. In the afternoon session, the currency closed at Rp 16,394 per United States dollar, up 56 points, or 0.34 percent, compared to its previous Rp 16,450 against the greenback.
As the IDX rose, Asian markets were mixed, with Hong Kong's Hang Seng dropping 0.001 percent to 18,027.71 and the Shanghai Composite falling 1.17 percent to 2,963.1. Meanwhile, the Straits Times increased by 0.25 percent to 3,314.13 and the Nikkei rose by 0.54 percent to 38,804.6.
