Market Commentary
Jakarta, CNBC Indonesia – The Composite Stock Price Index (IHSG) was observed to strengthen, tending to be limited to trading session I, Monday (13/2/2023).
As of 10:25 WIB, the JCI edged up 0.08% to 6,885.64. JCI still tends to stay at the psychological level of 6,800 this morning.
When the JCI tends to gain limitedly, there are at least 10 stocks that have fallen by more than 6% and have touched the limit auto reject bottom (ARB).
The following are stocks that have fallen badly and touched the ARB in the first trading session today.
| Issuer | Stock code | Last price | Price changes |
| Isra Precision Indonesia | ISAP | 37 | -9,76% |
| Aman Agrindo | SUGAR | 400 | -6,98% |
| Hello Jane | HALO | 122 | -6,94% |
| Grand House Mulia | HOMI | 274 | -6,80% |
| This Multi Usaha | IS | 84 | -6,67% |
| Hostile Indonesia | VAST | 112 | -6,67% |
| Batavia Prosperindo Trans | BPTR | 116 | -6,45% |
| Agro Yasa Lestari | AYLS | 90 | -6,25% |
| Bat Shoes | CHILD | 535 | -6,14% |
| Borneo Sports Means of Success | BOSS | 80 | -6,11% |
Source: RTI
The shares of metalworking machine and machine tool issuers, namely PT Isra Presisi Indonesia Tbk (ISAP), were again the shares with the most severe corrections today, which fell by 9.76% to the position of Rp. 37/share and have printed ARBs since early trading. Today.
It is known that ISAP shares have printed ARBs for eight consecutive days. Even in its first trade on December 9, 2022, ISAP’s own shares failed to score auto reject top (ARA) and immediately prints ARB.
The sad thing is, since its first trade until now, ISAP’s shares have never even touched the ARA limit.
Next, there are shares of plantation issuers and sugar producers, namely PT Aman Agrindo Tbk (GULA), which fell 6.98% to Rp. 400/share.
In addition, several of the latest IPO shares also entered the ARB stock lineup this morning, such as PT Halone Jane Tbk (HALO) shares which fell 6.94% to IDR 122/share and PT Vastland Indonesia Tbk (VAST) shares which collapsed 6. .67% to IDR 112/share.
CNBC INDONESIA RESEARCH
Disclaimer: This article is a journalistic product in the form of views from CNBC Indonesia Research. This analysis does not aim to persuade readers to buy, hold, or sell related investment products or sectors. The decision is entirely up to the reader, so we are not responsible for any losses or profits that arise from that decision.
(chd/chd)
