JCI Closed Monday Below 4,000

JAKARTA - The Jakarta Composite Index (JCI) closed lower Monday, March 23 and was below the 4,000 level. JCI fell 205.43 points or 4.9 percent to 3,989.52.

In closing the trade, there were 68 stocks higher, 332 stocks weakened, and 112 stocks stagnant. Trade transactions reached IDR 5.60 trillion from 6.77 billion shares traded.

Binaartha Sekuritas analyst, M. Nafan Aji Gustama said, the lack of domestic and global macroeconomic data sentiment that had a positive high market impact on the market affected the limitations on index movements.

"Meanwhile, the COVID-19 pandemic is a cause for concern for market players," Nafan told VOI.

This afternoon, the stocks that entered the top gainers, namely the shares of PT Pelayaran Tamarin Samudra Tbk (TAMU) rose Rp37 or 33.33 percent to Rp148, shares of PT Metro Healthcare Indonesia Tbk (CARE) rose Rp35 or 25.36 percent to Rp173, and PT Indofarma Tbk (INAF) shares increased by Rp140 or 24.78 percent to Rp173.

As for the stocks that were included in the top losers, among others, the shares of PT Indocement Tunggal Prakasa Tbk (INTP) fell IDR775 or 6.97 percent to IDR10,350, shares of PT Indofood CBP Sukses Makmur Tbk (ICBP) fell IDR625 or 6.96 percent to IDR 8,350, and shares of PT Indofood Sukses Makmur Tbk (INDF) fell IDR 400 or 6.96 percent to IDR 5,350.