Weekend JCI Weakened 2.48 Percent To The Level Of 5,498.54

Illustration. (Photo: Unsplash)

JAKARTA - The Jakarta Composite Index (JCI) closed lower at the close of trading this weekend. JCI on Friday 6 March closed down 2.48 percent or 139.60 points to the level of 5,498.54.

At the close of trading this afternoon, as many as 115 stocks rose, 283 stocks fell, and 120 stocks were stagnant. The trading volume was recorded at 4.96 billion shares, and was transacted at IDR 6.49 trillion.

Binaartha Sekuritas analyst, M. Nafan Aji Gustama said, the correction in the JCI was more influenced by the lack of catalysts from various domestic macroeconomic data which gave a positive high market impact to the market.

"On the other hand, the COVID-19 factor also plays a role in inhibiting the performance of index growth. Meanwhile, global market players are still waiting and seeing because they will look forward to the release of US nonfarm payroll data," Nafan explained to VOI.

This afternoon, the stocks that entered the top gainers, namely shares of PT Acset Indonusa Tbk (ACST) rose IDR 58 or 24.37 percent to IDR 296, shares of PT Alfa Energi Investama Tbk (FIRE) rose IDR 27 or 16.98 percent to IDR186, and shares PT Rukun Raharja Tbk (RAJA) increased IDR 7 or 7.45 percent to IDR 101.

As for the stocks that entered the top losers, among others, the shares of PT Garuda Maintenance Facility Aero Asia T Tbk (GMFI) fell IDR11 or 11.58 percent to IDR84, shares of PT Kalbe Farma Tbk (KLBF) fell IDR95 or 7.14 percent to IDR1 .235 and shares of PT Eagle High Plantations Tbk (BWPT) fell IDR7 or 6.86 percent to IDR95.