Jakarta, CNBC Indonesia – The Composite Stock Price Index (JCI) closed corrected on Monday (11/10/2021) trading earlier this week, because investors tended to realize their profits after last week’s surge of more than 2%.
The national benchmark stock exchange index closed down 0.34% to 6,459.69. In fact, the JCI had touched its psychological level at 6,500 at the beginning of the first trading session today. However, this did not last long and until today’s trading ended, the JCI did not return to the green zone.
Trade data noted that today’s transaction value fell again to Rp 16.2 trillion. Foreign investors are recorded as still making net purchases (net buy) reached Rp 554 billion in the regular market. A total of 247 stocks rose, 269 stocks weakened and 145 others were flat.
Today, foreigners are recorded to have bought up the four largest market cap stocks (big cap). As for the four stocks big cap The shares are PT Bank Rakyat Indonesia Tbk (BBRI), PT Bank Mandiri Tbk (BMRI), PT Telekomunikasi Indonesia Tbk (TLKM), and PT Bank Central Asia Tbk (BBCA).
In addition to hunting back four stocks big capForeign investors also collect shares in the agro-commerce subsidiary of BBRI, namely PT Bank Rakyat Indonesia Agroniaga Tbk (AGRO) and shares in Astra’s subsidiary, PT United Tractors Tbk (UNTR).
The following are stocks collected by foreign investors today.
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Meanwhile, from net sales, foreigners recorded releasing banking shares which had just entered the ranks of the top 10 stocks big cap Indonesia Stock Exchange (IDX) at the end of last week, namely the shares of PT Bank Negara Indonesia Tbk (BBNI)
Foreigners are also listed as releasing shares in the Lippo Group retail issuer, namely PT Matahari Putra Prima Tbk (MPPA) and shares in the Gresik cement producer PT Semen Indonesia Tbk (SMGR).
In addition, foreigners also released shares of telecommunication issuer PT XL Axiata Tbk (EXCL), shares of PT XL Axiata Tbk (EXCL). big cap PT Astra International Tbk (ASII)’s ‘automotive king’ issuer, and shares of energy consultant PT ABM Investama Tbk (ABMM).
The shares released by foreign investors today are:
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The release of retail sales data showing improvement was unable to lift the JCI. Bank Indonesia (BI) reported that the real seller index (IPR) grew 2.1% on a monthly basis (month-on-month/mom) in August 2021.
Retail sales on a monthly basis accelerated when compared to the previous month, which contracted by 5% mom.
On an annual basis, retail sales also improved. This is reflected in a lower contraction at -2.9% (year-on-year/yoy). Meanwhile, in July retail sales recorded minus 2.9% yoy.
Meanwhile, from the United States (US), the stock market on Wall Street at the end of last week closed lower. The Dow Jones Industrial Index edged down 0.03%. While the S&P 500 and Nasdaq Composite weakened by 0.19% and 0.51%, respectively.
Last week, the JCI rose significantly with an appreciation of 2.19%. With this significant increase, the JCI is actually prone to correction in today’s trading as a result of profit-taking (profit taking) investor.
CNBC INDONESIA RESEARCH TEAM
(chd / chd)
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