JCI Tuesday Dropped 1.18 Percent, BCA Shares For Sale By Foreign Investors For IDR 585 Billion

JAKARTA - The Jakarta Composite Index (JCI) closed in the red zone on trading Tuesday, September 15. JCI closed down 1.18 percent or 60.96 points to 5,100.87.

Closing the trade, 133 stocks rose, 296 shares fell, and 148 stocks remained unchanged. The trading volume was recorded at 13.95 billion shares and was transacted for IDR 8.015 trillion.

Binaartha Sekuritas analyst, M. Nafan Aji Gusta Utama said, the weakening of the JCI was driven by the performance of the trade balance surplus per August which was lower than before.

"This has led to profit taking. The Indonesian export-import performance was also lower than the consensus," Nafan told VOI.

At the close of this afternoon, only three stock sectors survived the green zone, namely the construction sector which rose 2.53 percent, the miscellaneous industry sector rose 0.83 percent and the trade sector rose 0.23 percent.

Meanwhile, seven other stock sectors slipped into the red zone. The stock sectors with the deepest weakness were the financial sector, which fell 2.13 percent, the infrastructure sector fell 1.67 percent and the consumer goods sector fell 1.48 percent.

The top three stocks with the largest net sales by foreign investors were PT Bank Central Asia Tbk (BBCA) IDR585.3 billion, PT Bank Rakyat Indonesia Tbk (BBRI) IDR120.9 billion, and PT Astra International Tbk (ASII) IDR71. 8 billion.