JCI Closed Flushed Monday, Down Slightly By 0.05 Percent To 4,901.82

JAKARTA - The Jakarta Composite Index (JCI) closed slightly lower on Monday, June 29 trading. JCI closed down 0.05 percent or 2.27 points to 4,901.82 levels.

Closing the trade, 155 stocks rose, 252 shares fell, and 148 were unchanged. The trading volume was recorded at 6.72 billion shares and was transacted at IDR 5.13 trillion.

Binaartha Sekuritas analyst, M. Nafan Aji Gustama said, the weakening of the JCI was influenced by several negative sentiments. First, is the lack of domestic macroeconomic data as well as from developed economies that have a high positive impact on the market.

"Then the second sentiment is the occurrence of a second wave of COVID-19. Thus, the potential for a slowdown in global economic growth is very wide open, there are even concerns that it could lead to a recession," Nafan told VOI.

This afternoon, stocks that were among the top gainers, including PT Trinitan Metals and Minerals Tbk (PURE) which rose 34.69 percent to Rp132, PT Sky Energy Indonesia Tbk (JSKY) which rose 22.08 percent to Rp94, and PT Indomobil Multi Jasa Tbk (IMJS) which strengthened 11.11 percent to Rp280.

Meanwhile, stocks that are in the top losers ranks, including PT Transcoal Pacific Tbk which weakened 6.73 percent to IDR 4,990, PT Garuda Indonesia (Persero) Tbk (GIAA) which fell 5.26 percent to IDR252, and PT Bekasi Fajar Industrial Estate which fell 4.10 percent to Rp117.