JCI Closed Thursday, Raising 1.07 Percent To Approaching 5,000

Indonesia Stock Exchange Building. (Angga Nugraha / VOI)

JAKARTA - The Jakarta Composite Index (JCI) closed significantly higher on Thursday, July 2 trading. JCI closed up 1.07 percent or 52.39 points to 4,966.78.

Closing the trade, 218 stocks rose, 193 shares fell, and 150 shares were stagnant. The trading volume was recorded at 7.83 billion shares and was transacted at IDR7.36 trillion.

Binaartha Sekuritas analyst, M. Nafan Aji Gustama, said purchasing manager index (PMI) data from developed economies that showed a positive trend provided good sentiment for the JCI.

"The increase in world commodity prices (especially oil) also supports the upward trend in demand, which is also a positive sentiment for the JCI," Nafan told VOI.

This afternoon, stocks that were among the top gainers, including PT PP (Persero) Tbk which strengthened 11.36 percent to Rp980, PT Adhi Karya (Persero) Tbk (ADHI) which gained 9.92 percent to Rp.665, and PT Pabrik Kertas Tjiwi Kimia Tbk (TKIM) which strengthened 9.70 percent to IDR6,500.

Meanwhile, stocks that are in the top losers ranks, including PT Modernland Realty Tbk (MDLN) which fell 6.90 percent to Rp54, PT Mahaka Radio Integra Tbk (MARI) which fell 6.85 percent to Rp68, and PT Limas Indonesia Makmur Tbk (LMAS), which fell 5.97 percent to Rp63.