Jakarta, CNBC Indonesia -The Composite Stock Price Index (JCI) was successfully closed in the green zone on Tuesday (3/5/2021) trading, after moving in the red zone in the middle of trading. The national benchmark stock exchange index closed up 0.19% at 5,963.82.
Trade data shows as many as 223 stocks appreciated, 251 shares depreciated, and 169 others were stagnant. The transaction value in today’s trade edged up to Rp 9.3 trillion and foreign investors took another net buying (net buy) amounting to Rp 210 billion in the regular market.
Two bank shares big cap and two telecommunication stocks and their supporters today again collected by foreign investors. Bank shares big cap namely PT Bank Central Asia Tbk (BBCA) and PT Bank Rakyat Indonesia Tbk (BBRI). Meanwhile, the two telecommunication stocks and their supporters are PT Tower Bersama Infrastructure Tbk (TBIG) and PT Telkom Indonesia Tbk (TLKM).
Following are the stocks collected by foreign investors on Tuesday (4/5/2021) trading today.
When the JCI was able to reverse direction and closed in the green zone and foreigners returned to collecting several stocks, foreigners were also listed as releasing several shares today. The shares released by foreigners are:
Today’s reversal in the JCI indicates that investors are back with confidence in the national economic prospects, after being hit by concerns this morning by the strengthening number of Covid-19 cases in India and Malaysia.
This concern is psychological, as indications of real recovery are displayed as can be seen from data on Indonesia’s manufacturing activity as reflected in the manufacturing Purchasing Managers’ Index (PMI), which touched new highs, while inflation was still benign.
In April 2021, Indonesia’s manufacturing PMI score was 54.6. It is an increase compared to the previous month which amounted to 53.2 and at the same time became the highest in the history of PMI records that began in April 2011.
In terms of inflation, it has also accelerated but is still benign. The Central Statistics Agency (BPS) reported that inflation in April 2021 was 0.13% compared to the previous month (month-to-month/ mtm) and 1.42% compared to April 2020 (year-on-year/yoy).
CNBC INDONESIA RESEARCH TEAM
(chd / chd)
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