Thursday Morning, JCI Was Hit By Trading Halt At 4,113.65 Position

Illustration. (Photo: Unsplash)

JAKARTA - The Composite Stock Price Index on Thursday, March 19 morning was temporarily suspended again for 30 minutes (trading halt) at 09.37. JCI before being suspended, was at the level of 4,113.65 or had weakened 217.03 points (5.01 percent).

Before halt trading, there were 42 stocks that rose, 294 stocks fell, and 56 stocks were stagnant. The trading volume was recorded at 962.45 million shares, and was transacted at IDR1.22 trillion.

Reliance Sekuritas analyst Lanjar Nafi explained that the JCI would technically weaken again today. Technically. the index has the potential to test the support level at around 4,200.

"The opportunity for JCI to rebound is still not visible and there is potential for further weakening with a range of movements from 4,200-4,362," said Lanjar.

This morning, stocks that were among the top gainers included, PT Pan Brothers Tbk (PBRX) which rose 16.11 percent to Rp346, PT Optima Prima Metal Sinergi Tbk (OPMS) which rose 8.82 percent to Rp74, and PT Wintermar Offshore Marine Tbk (WINS) which strengthened 4.94 percent to Rp85.

Meanwhile, among the top losers, PT Bank Central Asia Tbk (BBCA), which fell 7.00 percent to Rp23,250, PT Putra Rajawali Kencana Tbk (PURA), which fell 7.00 percent to Rp93, and PT Indofood Sukses. Makmur Tbk (INDF), which fell 7.00 percent to IDR5,650.