One Day More 2024 Election, JCI Opened 0.51 Percent To 7,261

JAKARTA - The Composite Stock Price Index (JCI) at the opening of trading on Tuesday, February 13, 2024, weakened by 36.99 points or 0.51 percent to 7,260.67 at 09.07 WIB this morning. This weakening occurred ahead of the voting day for the 2024 General Election on February 14.

Meanwhile, the JCI was opened at the level of 7,297.66 while the highest level of the JCI today was at the level of 7,304.51 and the lowest was at 7,254.48. The total volume of stock trading on the IDX reached 1.36 billion, with a transaction value of Rp626.10 billion. There are 152 stocks up, 183 stocks down, and 227 low.

The LQ45 index weakened 0.14 percent to 993.814, while Japan's Nikkei 225 index rose 2.18 percent, Hang Seng Hong Kong, China's Shanghai Composite closed in today's trading. Meanwhile, the Singaporean Straits Times rose 0.09 percent.

As for those who entered the Top Gainers ranks, namely PT Aneka Tambang Tbk (ANTM) rose 50 or 3.41 percent to Rp1,515, PT Adira Dinamika Multi Finance Tbk (ADMF) rose 275 or 2.30 percent to Rp12,225, PT Trimegah Bangun Persada Tbk (NCKL) rose 20 or 2.56 percent to Rp800.

Meanwhile, those who entered the top loss ranks were shares of PT Chandra Asri Pacific Tbk (TPIA) down 570 or 11.18 percent to Rp4,530, shares of PT Petrindo Jaya Kreai Tbk (CUAN) down 725 or 9.94 percent to Rp6,575, and shares of PT Barito Renewable Energy Tbk (BREN) down 275 or 5.05 percent to Rp5,175.

WH Project Founder William Hartanto said that from trading the previous day in the short week towards the election, the JCI did not experience quietness.

William said, technically the JCI managed to confirm the bullish flag pattern at 7,254. After the bullish flag was confirmed, the JCI prepared to go all time high again.

The Bullish flag has been confirmed, it's time for the JCI to continue strengthening back to levelall time high.

"We project that the JCI has the potential to move in a strong trend, range 7,200 7,360," William said in his statement.