JCI End Of Weekend In The Red Zone, Weakening 0.37 Percent To 5,079.59

Indonesia Stock Exchange Building. (Angga Nugraha / VOI)

JAKARTA - The Jakarta Composite Index (JCI) closed in the red zone on Friday, July 17 trading. JCI at the weekend closed down 0.37 percent or 18.79 points to the level of 5,079.59.

In closing the trade, 190 stocks rose, 235 stocks fell, and 161 stocks remained unchanged. The trading volume was recorded at 8.10 billion shares and was traded for IDR 7.09 trillion

Binaartha Sekuritas analyst, M. Nafan Aji Gustama said, the negative sentiment for the weakening of the JCI came from the second wave of COVID-19 that hit several countries.

"In addition, the increasing tension between the United States (US) and China is also a negative sentiment for the JCI movement today," Nafan told VOI.

This afternoon, stocks that were among the top gainers, including PT Ginting Jaya Energi Tbk (WOWS) which rose 24.68 percent to Rp96, PT Indika Energy Tbk (INDY) which rose 8.94 percent to Rp975, and PT Delta Dunia Makmur Tbk (DOID) which strengthened 8.33 percent to Rp234.

Meanwhile, stocks in the top losers ranks, including PT Wismilak Inti Makmur Tbk (WIIM) which fell 6.98 percent to IDR240, PT Envy Technologies Tbk (ENVY) which fell 4.13 percent to IDR116, and PT Elnusa Tbk (ELSA), which weakened 4.10 percent to IDR 234.