JCI On Tuesday Closed Slightly Lower 0.04 Percent To 4,987.08 Level

Indonesia Stock Exchange Building. (Angga Nugraha / VOI)

JAKARTA - The Jakarta Composite Index (JCI) closed lower on Tuesday, July 7 trading. JCI closed slightly lower by 0.04 percent or 1.78 points to 4,987.08.

Closing the trade, 138 stocks rose, 286 stocks fell, and 148 stocks remained unchanged. The trading volume was recorded at 10.09 billion shares and was transacted at IDR7.92 trillion.

Binaartha Sekuritas analyst, M. Nafan Aji Gustama said, the JCI experienced a weakening due to the lack of positive catalysts from the global

"Today's global macroeconomic data does not provide a high positive market impact. In addition, it is due to negative sentiment due to the second wave of COVID-19," Nafan told VOI.

Meanwhile, the increase in Indonesia's foreign exchange reserves per June to 131.7 billion US dollars from 130.5 billion US dollars previously was unable to support the JCI into the positive zone, but eventually ended up in negative territory.

This afternoon, stocks that were among the top gainers, including PT Indosterling Technomedia Tbk (TECH) which rose 29.77 percent to IDR170, PT Putra Rajawali Kencana Tbk (PURA) which gained 16.33 percent to IDR114, and PT Bank BRIsyariah Tbk (BRIS), which strengthened 14.14 percent to Rp452.

Meanwhile, stocks that are in the top losers ranks, including PT jasnita Telekomindo Tbk (JAST) which fell 3.06 percent to Rp95, PT PP (Persero) Tbk which fell 2.94 percent to Rp990, and PT Envy Technologies Indonesia Tbk (ENVY) which weakened 2.80 percent to IDR104.