IDX Records Market Caps Up Again And Stock Markets Stay In Positive Zones

Illustration-(Photo: DOK ANTARA)

JAKARTA – PT Bursa Efek Indonesia (IDX) noted that during the period from 11 to 15 December 2023 it was still closed in the positive zone. In fact, the market capitalization value (market cap) broke again. Based on IDX stock trading data, the increase occurred in the average daily transaction value of shares for a week of 6.21 percent to Rp14.99 trillion from Rp14.12 trillion a week ago. Then the increase was also followed by an increase in the market capitalization of the Exchange, which amounted to 0.54 percent to Rp11.54 trillion from Rp11.47 trillion in the previous week. Meanwhile, the highest level of stock market capitalization was previously at the level of IDR 11,470 trillion which was recorded on December 8, 2023. Meanwhile, at the end of 2022, market capitalization only reached IDR 9,499 trillion. Then, the Composite Stock Price Index (JCI) increased by 0.44 percent to 7.190.988 from 7.159.598 at the close of last week. With this level, the JCI broke the highest record that occurred on Thursday, December 14, 2023 at the level of 7.176. Meanwhile, the average volume of daily stock transactions decreased by 9.60 percent over the week to 29.96 billion shares from 33.14 billion shares last week.

Meanwhile, the average daily transaction frequency of shares for a week also fell 9.21 percent to 1,266,561 transactions from 1,394,975 transactions last week. Meanwhile, in trading Friday, December 15, 2023, foreign investors recorded a net purchase value of IDR 249.95 billion and throughout 2023 foreign investors had recorded a net selling value of IDR 10.51 trillion.