Even Though There Was A Demonstration In The DPR, The JCI Still Soared Up To 0.87 Percent

JCI (Photo: Doc Antara)

JAKARTA In the midst of a demonstration at the DPR RI Building, the Composite Stock Price Index (IHSG) noted that the strengthening at the close of trading on Monday, August 25, was driven by the increase in a number of large-capalyzed stocks such as BREN and CDIA affiliated with the Prajogo Pangestu business group.

According to RTI data, the JCI closed up 68.05 points or 0.87 percent to the level of 7,926.90 in the final trading session Monday, August 25.

Meanwhile, throughout trading, JCI moved in the range of 7,915.05 to 7,951.97. It was recorded that 449 stocks rose, 215 stocks fell, and 143 others did not change.

Meanwhile, the volume of stock transactions today reached 44.55 billion shares with a total trading value of IDR 18.46 trillion.

Among the stocks with large capacities, PT Barito Renewables Energy Tbk. (BREN) recorded the highest increase, rose 4.69 percent to the level of IDR 8,925 per share. Other shares in the same group, PT Chandra Daya Invest. (CDIA), also rose 3.03 percent to IDR 1,530.

In addition, the increase in the JCI was also supported by strengthening in nine sectoral indexes, while the other two sectors actually weakened.

The property sector recorded the highest strengthening with an increase of 3.65 percent, followed by the infrastructure sector at 2.61 percent, and the financial sector which rose 1.87 percent.

The sectors that experienced a decline were the health sector which fell 0.40 percent and the non-cyclical consumer goods sector which weakened 0.23 percent.