JCI Betah In The Red Zone, Closed Friday Afternoon At 5,866.94 Level

JAKARTA - The Jakarta Composite Index (IHSG) has experienced another decline and is at home in the red zone at the close of trading on Friday, February 14th. JCI was recorded to have closed down 5 points or 0.09 percent to 5,866.94.

At the close of trading, 163 stocks rose, 207 stocks fell, and 153 stocks were stagnant. Trade transactions reached IDR 6.21 trillion from 6.39 billion shares traded.

Binaartha Sekuritas analyst, M. Nafan Aji Gustama said, the issue of the aggressive spread of COVID-19 is the most crucial issue because it causes a systemic impact on the market.

"The Fed Governor Jerome Powell even mentioned the spread of COVID-19 because it is a major threat that has the potential to hinder the performance of global economic growth. This has led to a weakening of both the JCI and the rupiah," Nafan told VOI.

This afternoon, the shares that entered the top gainers, namely PT Diamond Citra Propertindo Tbk (DADA) rose IDR71 or 69.61 percent to IDR173, shares of PT Agro Yasa Lestari Tbk (AYLS) rose IDR56 or 24.56 percent to IDR284 and shares of PT Bima Sakti Pertiwi Tbk (PAMG) increased by IDR 26 or 22.81 percent to IDR 140.

As for the stocks that entered the top losers, among others, shares of PT Sentral Mitra Informatika Tbk (LUCK) fell IDR 145 or 20.28 percent to IDR 570, shares of PT Repower Asia Indonesia Tbk (REAL) fell IDR 14 or 9.15 percent to IDR 139 and shares PT Dewata Freightinternational Tbk (DEAL) decreased by IDR 6 or 5.94 percent to IDR 95.