Close Trading 2024, JCI Ends Green At 7,079.9

The closing of the JCI (photo; Aris Nurjani/VOI)

JAKARTA - The movement of the Composite Stock Price Index (JCI) closed at the level of 7,079.90 at the end of trading in 2024, an increase of 0.62 percent compared to the previous day.

However, throughout 2024, the JCI decreased 2.65 percent year to date (ytd), to note, the JCI closed trading in the previous year at the level of 7,272.79 on December 29, 2024.

Chief Executive of the OJK Capital Market, Derivative Finance and Carbon Exchange (PMDK) Inarno Djajadi, revealed that Indonesia's capital market is quite resilient in the midst of global and domestic dynamics.

"In the course of the past year, the Indonesian capital market has shown extraordinary resilience amid various global challenges as well as domestic challenges that continue to move dynamically," said Inarno at a press conference, Monday, December 30.

Inarno said that from a domestic point of view, Indonesia has passed a crucial momentum, namely the political year with the implementation of presidential, legislative elections, as well as simultaneous regional elections.

"However, thanks to the hard work, synergy, and strong cooperation of all stakeholders in the capital market industry, we have successfully faced these challenges with optimism," he said.

Similarly, the President Director of the Indonesia Stock Exchange, Iman Rachman, said that throughout 2024, the Indonesian capital market experienced dynamic movements due to domestic and global uncertainty.

"Indonesia's capital market not only survives amid global uncertainty but also continues to show high competitiveness, both in ASEAN and on a global scale," said Iman.

Iman said that trade liquidity has shown an encouraging increase so far this year.

"Trade liquidity is showing an encouraging increase. With the trade value, the daily average reaches IDR 12.85 trillion per day, growing 20 percent compared to last year," he said.

However, Iman said there were several achievements achieved by the Indonesian capital market throughout 2024.

As for December 27, 2024, the average daily transaction value (RNTH) on the IDX reached IDR 12.9 trillion with a daily transaction volume of 26.26 billion shares and a daily transaction frequency of 1 million transactions.

In addition, the JCI managed to set an all-time high or new all-time high on September 19, 2024 at the level of 7,905.390 with a market capitalization of IDR 13,475 trillion.

In addition, in addition, the number of capital market investors, which include stocks, bonds, and mutual funds, has reached 14.84 million investors. Especially for stock investors, there has been an increase of more than 1 million investors, bringing the total stock investors to 6.37 million.

In terms of supply, the Indonesia Stock Exchange (IDX) managed to record a number of new effects throughout 2024, consisting of 41 new shares, 143 bonds and sukuk emissions, 1 new ETF, and 495 structured wargans.