JCI Monday Morning Falls 3.5 Percent To Level 4046.31

Illustration. (Photo: Unsplash)

JAKARTA - The Jakarta Composite Index (IHSG) has weakened again. At the opening of trade Monday, March 23, the JCI plunged 148 points or 3.5 percent to 4,046.31.

Opening trading, there were 25 stocks rose, 156 stocks fell, and 51 stocks were stagnant. Trade transactions reached Rp106 billion from 109 million shares traded.

Reliance Sekuritas Indonesia analyst, Lanjar Nafi said that technically, the domestic index today has the opportunity to strengthen. According to him, the JCI rate will be in the support and resistance range at the level of 4,100 to 4,287.

Investors will still pay close attention to data on the corona virus pandemic at home and globally to measure the decline in demand and business activity. "As well as its impact on the slowdown in international trade," said Lanjar in his research.

This morning, the stocks that entered the top gainers, namely shares of PT Kabelindo Murni Tbk (KBLM) rose IDR 40 or 17.54 percent to IDR268, shares of PT Indofarma Tbk (INAF) rose IDR 80 or 14.16 percent to IDR 645 and shares of PT Asuransi Bintang. Tbk (ASBI) increased by Rp32 or 12.03 percent to Rp298.

As for the stocks that entered the top losers, among others, the shares of PT Indofood CBP Sukses Makmur Tbk (ICBP) fell IDR625 or 6.96 percent to IDR8,350, shares of PT Aneka Tambang Tbk (ANTM) fell IDR26 or 6.95 percent to IDR348 and shares of PT Bank Mandiri Tbk (BMRI) fell Rp310 or 6.95 percent to Rp4,150.