JCI On Tuesday Closed Slightly Lower 0.69 Percent To 4,778.64 Levels

JAKARTA - The Jakarta Composite Index (JCI) closed slightly lower on Tuesday, April 7 trading. JCI closed down 0.69 percent or 33.19 points to 4,778.64.

In closing the trade, there were 161 stocks rising, 251 stocks weakening, and 140 stocks stagnating. The trading volume was recorded at 10.61 billion shares and was transacted at Rp9.41 trillion.

Binaartha Sekuritas analyst M. Nafan Aji Gustama said the increase in US and Asian exchanges was a catalyst for strengthening the JCI today. This was influenced by the appreciation of market players regarding PM Shinzo Abe's economic stimulus program in order to reduce the negative effects of the COVID-19 pandemic that hit Japan.

Despite this, profit taking took place, which led to a weakening of the JCI. "Moreover, responding to the negative results of the decline in the performance of CADEV RI to 121 billion US dollars from 130.4 billion US dollars," said Nafan to VOI.

This afternoon, stocks that were among the top gainers included, PT Bank Tabungan Pensiunan Nasional Syaria Tbk (BTPS) which rose 24.66 percent to IDR2,780, PT Wilton Makmur Indonesia Tbk (SQMI) which rose 24.00 percent. to Rp248, and PT Erajaya Swasembada Tbk (ERAA) which rose 22.22 percent to Rp1,210.

While stocks that are in the top losers include PT Repower Asia Indonesia Tbk (REAL) which fell 6.49 percent to Rp72, PT Wijaya Karya Beton Tbk (WTON) which fell 4.86b percent to Rp274, and PT HM Sampoerna Tbk (HMSP), which fell 4.21 percent to Rp1,705.