JCI On Wednesday Gaining Slightly, Bank Mandiri And BCA Shares Attracted By Foreign Investors

JAKARTA - The Composite Stock Price Index (IHSG) closed in the green zone on Wednesday, October 7 trading. JCI managed to slightly strengthen 0.10 percent or 5.11 points to the level of 5,004.33 at the close of trading.

A total of 182 stocks rose, 227 stocks fell, and 177 stocks remained unchanged. The trading volume was recorded at 16.87 billion shares and was transacted for IDR 16.86 trillion.

Binaartha Sekuritas analyst, M. Nafan Aji Gusta Utama said, there are several factors driving the thin strengthening of the JCI today. Namely, the political dynamics in the US stimulus program led to obstacles that made market players wait and see.

On the other hand, there is also sentiment from the low release of Indonesia's foreign exchange reserves to USD 135.15 billion from USD 137 billion last month.

"Nevertheless, the market really appreciates the ratification of the Job Creation Law by the DPR so that the buying action takes place before the closing," Nafan told VOI.

Today, the stocks most purchased by foreign investors are PT Bank Mandiri (Persero) Tbk (BMRI), and PT Bank Central Asia Tbk (BBCA).

BMRI shares were sold as many as 44.4 million shares with a transaction value of IDR 66.9 billion. Meanwhile, foreign investors sold 18 million shares of BBCA and transacted for Rp37.4 billion.