Stock Exchange: If GOTO Shares Down 7 PerCENT On One Day Of Trade, The Impact On JCI Is 0.34 PerCENT

Illustration. (Photo: Doc. Antara)

JAKARTA - The share price of PT GoTo Gojek Tokopedia Tbk (GOTO) which has continued to fall in the last 10 days is recognized by the Indonesia Stock Exchange as affecting the movement of the Composite Stock Price Index (IHSG).

This statement was conveyed by the Director of Stock Exchange I Gede Nyoman Yetna to reporters in Jakarta, Friday, December 2. "Since the lock-up was lifted, GOTO shares have experienced selling pressure to touch the lower auto reject and have an impact on the JCI's closure," said Nyoman.

In fact, Nyoman simulated, as of November 28, the weight of GOTO's shares in the JCI was 4.89 percent. If the price of GOTO drops 7 percent in one trading day, then the effect on the JCI decrease is 0.34 percent.

Citing Exchange trading data, along with the end of the GOTO stock lockdown on November 30, the JCI immediately dropped 0.85 percent to 7,020.8 on December 1 trading.

The decline also continued today until 13:56 WIB with the JCI record at the level of 7,007.51.

On the other hand, GOTO shares have fallen 40.54 percent from the level of IDR 222 in November 18 trading to IDR 132 per trading today.

With this condition, Nyoman emphasized, the Exchange pays special attention to all listed companies.