IHSG Dropped 2.02 Percent, BRI, BNI, And Bank Mandiri Shares Sale By Foreign Investors

Indonesia Stock Exchange Building. (Angga Nugraha / VOI)

JAKARTA - The Jakarta Composite Index (JCI) closed in the red zone on Monday, August 31 trading. JCI closed down 2.02 percent or 108.17 points lower to the level of 5,238.49.

Closing the trade, 124 stocks rose, 313 stocks fell, and 142 stocks remained unchanged. The trading volume was recorded at 14.13 billion shares and was transacted at IDR 11.35 trillion.

Binaartha Sekuritas analyst, M. Nafan Aji Gusta Utama said, the weakening of the JCI was driven by concerns about Indonesia's economic recession in the announcement of the third quarter of 2020 GDP later, causing the JCI to close in the negative zone at the end of this month, "Nafan told VOI.

Today, the shares that most foreign investors are selling are the three state-owned banks. The first place is occupied by PT Bank Rakyat Indonesia Tbk (BBRI), where the shares of this state-owned bank were sold as many as 277 million shares with a transaction value of IDR424.07 billion.

Followed by shares of PT Bank Negara Indonesia (Tbk) (BBNI), which sold as many as 132.08 million shares with a total transaction of Rp320.06 billion.

Then the shares of PT Bank Mandiri (Persero) Tbk (BMRI) were sold for IDR 313.6 billion with a volume of 123.49 million shares.