Jakarta Composite Index Closed Stronger, Telkom And BCA Shares Most Sold By Foreign Investors

JAKARTA - The Jakarta Composite Index (JCI) closed in the green zone on Tuesday, September 1 trading. JCI closed up 1.38 percent or 72.19 points to the level of 5,310.68.

In closing the trade, 221 stocks rose, 194 shares fell, and 156 shares remained unchanged. The trading volume was recorded at 10.76 billion shares and was transacted for IDR 8.06 trillion.

Binaartha Sekuritas analyst, M. Nafan Aji Gusta Utama, said that the strengthening of the JCI was driven by the hope that the PMI manufacturing performance in European and US countries is predicted to be expansive.

"On the other hand, the stability of inflation and the expansion of Indonesia's PMI manufacturing data also supports the strengthening performance of the JCI," Nafan told VOI.

Today, the stocks most sold by foreign investors are PT Telekomunikasi Indonesia (Persero) Tbk (TLKM) and PT Bank Central Asia Tbk (BBCA).

Foreign investors sold 110.89 million TLKM shares and transacted for IDR 103.9 billion. Meanwhile, foreign investors sold 15.71 million shares of BCA with transactions worth IDR 86.56 billion.