On Tuesday, JCI Jumped 1.17 Percent To 5,338.89 Levels

Indonesia Stock Exchange Building. (Angga Nugraha / VOI)

JAKARTA - The Jakarta Composite Index (IHSG) closed in the green zone on trading Tuesday, August 25. JCI opened higher by 1.17 percent or 61.85 points to the level of 5,338.89.

In closing the trade, 251 shares rose, 170 shares fell, and 172 stocks remained unchanged. The trading volume was recorded at 16.79 billion shares and was transacted at Rp9.39 trillion.

Binaartha Sekuritas analyst, M. Nafan Aji Gusta Utama said, the driving force behind the strengthening of the JCI is the development of increasingly positive vaccine research.

"In addition, the market appreciates the government's commitment in carrying out the credit restructuring program, as well as the placement of funds with state-owned banks," Nafan told VOI.

Stocks that experienced the highest increase today were PT Kresna Graha Investama (KREN), PT Semen Baturaja (Persero) Tbk (SMBR), and PT Buana Lintas Lautan Tbk (BULL).

Meanwhile, the stocks whose shares fell the most were PT Indomobil Sukses International Tbk (IMAS), PT Smartfren Telecom Tbk (FREN), and PT Era Mandiri Cemerlang Tbk (IKAN).