JCI Strengthened By 0.01 Percent To The Level Of 5,867.52

Illustration. (Photo: Unsplash)

JAKARTA - The Jakarta Composite Index (JCI) closed slightly higher. JCI rose 0.58 points or 0.01 percent to the level of 5,867.52.

A total of 174 stocks rose, but 218 stocks fell, and 152 stocks were stagnant. It was recorded that 6.51 billion shares were traded with a transaction value of IDR 5.70 trillion.

Binaartha Sekuritas analyst M. Nafan Aji Gustama said market players regretted the aggressive spread of COVID-19 which had a systemic impact on the market.

On the other hand, the expanding trade deficit as of January also resulted in limited gains for the JCI.

"Even so, the stimulus policies undertaken by developed economies were carried out in order to tackle the spread of COVID-19 which has the potential to threaten global economic growth, which market players still responded positively to," Nafan told VOI.

This afternoon, stocks that were among the top gainers, including PT Bima Sakti Pertiwi Tbk (PAMG) which rose 7.86 percent to the level of IDR151, PT Lancartama Sejati Tbk (TAMA) which rose 7.25 percent to the level of IDR444, and PT Waskita Beton Precast Tbk (WSBP), which rose 4.42 percent to the level of IDR236.

The stocks that are included in the top losers include PT PT Totalindo Eka Persada Tbk (TOPS) which fell 22.09 percent to the level of Rp67, PT Sentral Mitra Informatika Tbk (LUCK) which fell 20 percent to the level of Rp.456, and PT Indonesian Tobacco Tbk (ITIC), which fell 16.36 percent to the level of Rp2,300.