JCI Closed Tuesday, Gaining 2.82 Percent To 4,538.93

Indonesia Stock Exchange Building. (Angga Nugraha / VOI)

JAKARTA - The Composite Stock Price Index was able to strengthen at the close of trading on Tuesday, March 31. JCI closed up 2.82 percent or 124.43 points to the level of 4,538.93.

Closing trading, 252 stocks rose, 154 stocks fell, and 123 stocks remained unchanged. The trading volume was recorded at 7.02 billion shares and was transacted at Rp7.92 trillion.

Binaartha Sekuritas analyst, M. Nafan Aji Gustama, said the strengthening of the JCI was driven by the stability of domestic macroeconomic fundamentals that were inclusive and sustainable. This provides a positive catalyst for the market.

"On the other hand, market players appreciate Japanese industrial production data, as well as China's manufacturing and non-manufacturing purchasing manager index (PMI) data which are above expectations of market players, even the PMI data shows signs of expansion along with the easing of the COVID-19 cases. -19 in China, "Nafan told VOI.

Meanwhile, Nafan continued, the increase in world coal prices also had positive implications for the JCI.

This afternoon, stocks that were among the top gainers, including PT Barito Pacific Tbk which rose 20.83 percent to Rp725, PT Metro Healthcare Indonesia Tbk (CARE) which rose 15.65 percent to Rp340, and PT Kalbe Farma Tbk. (KLBF) which strengthened 14.83 percent to Rp1,200.

Meanwhile, among the top losers, PT Bank Tabungan Pensiunan Nasional Syaria (VTPS) fell 6.58 percent to Rp2,130, PT Dewata Freighinternational Tbk (DEAL), which fell 6.45 percent to Rp116, and PT Bank. Pan Indonesia Tbk (PNBN), which weakened 4.17 percent to Rp690.