JCI Closed Drop 2.14 Percent Due To SVB Fear Selling Action Closed

JCI illustration (Photo: Doc. Antara)

JAKARTA - The Composite Stock Price Index (JCI) was in the red zone during trading on Tuesday, March 14. JCI closed down by 2 percent.

From VOI's monitoring, the JCI closed down 145.14 points or 2.14 percent to 6,641.81. The highest level was 6,764.17 and the lowest was 6,635.38.

If you look at the trading volume, it reaches 15.78 billion shares with a value of Rp8.87 trillion. The trade frequency reached 1.27 million times.

The LQ45 index also fell by 2.76 percent to 917.38 and JII fell 1.48 percent to 557.39. Likewise, IDX30 fell 2.47 percent to 477.99.

As for the top players, BLTZ shares rose Rp190 or 7.28 percent to Rp2,800, FASW shares rose Rp175 or 2.85 percent to Rp6,325, and CUAN shares rose Rp130 or 24.53 percent to Rp660.

Meanwhile, those who entered the top loss ranks, namely, ITMG shares fell by Rp1,275 or 3.29 percent to Rp37,475, UNTR shares fell by Rp975 or 3.47 percent to Rp27,100, and EDGE shares fell by Rp775 or 3.88 percent to Rp19,200.

According to research by Pilarmas Investindo Sekuritas, the decline in the JCI was followed by the Asian regional exchange experiencing selling pressure. This encourages you to avoid entering risky assets.

This is in line with the attitude of market players being influenced by concerns regarding the turmoil in the banking sector in the United States (US) which continues to echo in the global market.

One of them is the fall of Silicon Valley bank (SVB) which is still a market concern. This encourages market participants to be careful amid concerns that it will have an impact on financial systemic risks.