Jakarta, CNBC Indonesia – The Jakarta Composite Index (JCI) last trade in October, Tuesday (27/10/20) closed in the red zone, minus 0.31% at the level of 5,128.22. In fact, the index reached its highest level yesterday at 5,155
The JCI correction was due to the severe collapse of the US stock exchange at the close of trading on Monday early yesterday or Tuesday morning, Indonesia time. The fall of Wall Street left Asian stock markets also the majority “on fire”.
Trading data from the Indonesia Stock Exchange (IDX) noted that foreign investors made net buying of Rp 22 billion on the regular market with a transaction value of Rp 8.2 trillion.
The stocks most sold by foreigners were PT Bank Negara Indonesia Tbk (BBNI) with net sales of Rp. 123 billion and PT Telekomunikasi Indonesia Tbk (TLKM) which recorded a net sell of Rp. 148 billion.
Meanwhile, the stocks most collected by foreigners were PT Astra International Tbk (ASII) with a net buy of Rp. 127 billion and PT Bank Rakyat Indonesia Tbk (BBRI) with a net buy of Rp. 211 billion.
Even though the JCI was corrected, there were at least 10 stocks with the biggest gain in yesterday’s trading which could be used as a reference when considering investment decisions next week.
10 Saham Top Gainers October 27, 2020
1. PT Wismilak Inti Makmur Tbk (WIIM), shares increased by 24.73% at IDR 464 / share, transaction value IDR 150.2 billion
2. PT Sarana Meditama Metropolitan Tbk (SAME), 16.08% Rp. 166 / share, Rp. 215.6 billion
3. PT Armada Berjaya Trans Tbk (JAYA), 14.29%, IDR 128 / share, IDR 2.9 billion
4. PT Bank Rakyat Indonesia Agroniaga Tbk (AGRO), 3.91%, IDR 372 / share, IDR 109.8 billion
5. PT Itama Ranoraya Tbk (IRRA), 3.53%, IDR 880 / share, IDR 31.5 billion
6. PT Astra Agro Lestari Tbk (AALI), 3.08%, IDR 10,875 / share, IDR 53.7 billion
7. PT Smartfren Telecom Tbk (FREN), 2.94%, IDR 70 / share, IDR 25.3 billion
8. PT Medco Energi Internasional Tbk (MEDC), 2.14%, IDR 382 / share, IDR 72.1 billion
9. PT PP London Sumatra Indonesia Tbk (LSIP), 1.55%, IDR 980 / share, IDR 59.9 billion
10. PT AKR Corporindo Tbk (AKRA), 1.52%, IDR 2,680 / share, IDR 63.2 billion
Trading this week lasted a short time because it was a long holiday due to a joint leave.
The government has designated 28 October (Wednesday) and 30 October (Friday) as a holiday for collective leave. October 29, which falls on Thursday, is a national holiday commemorating the birthday of the Prophet Muhammad.
Turning to the west, to be precise, the New York stock exchange, the three main stock indexes of Wall Street fell into the red zone on Monday or Wednesday morning Indonesia time.
The three reference stock indices were deep corrected. S&P 500 subsided 1.86%, Dow Jones Industrial Average (DJIA) trimmed 2.29% while Nasdaq Composite trimmed 1.64%.
The case of Covid-19 infection in the US continues to surge and makes the US stock market battered. The data compiled by Johns Hopkins University shows the daily increase in cases of infection due to the Coronavirus in the US has increased to an average of 68,767 cases over the past seven days.
Asian stock markets also closed lower in the majority of trading on Tuesday, in line with the release of data on economic growth in South Korea in the third quarter of 2020, reflecting the official South Korean economy experiencing recession.
The Japanese Nikkei index was recorded to have closed slightly lower by 0.04%, the Hang Seng index in Hong Kong corrected 0.53%, the Singapore STI index was cut 0.41% and the South Korean KOSPI depreciated 0.56%.
Interestingly, China’s Shanghai index rose 0.10%, aka reversing direction and became an index in Asia that strengthened alone.
(bag bag)
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