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JCI drops 1% again, that’s the cause

Jakarta, CNBC Indonesia – The Composite Stock Price Index (IHSG) was down more than 1% again in Friday’s (9/12/2022) trading session, where the JCI corrected for six straight days.

At 11:30 WIB, the JCI was observed to have fallen 1.38% to the position of 6,710.05. JCI is now trading at the psychological level of 6,700.

Some stocks become weights (latecomer) index on trading session I today. Here are the weighted actions (latecomerJCI today.

Issuer Warehouse code Points index Last price Price changes (%)
Bayan Resources THEN -15.17 13,625 -6.36%
Go to Gojek Tokopedia GO TO -13.88 93 -7.00%
Telecom Indonesia TLKM extension -9.56 3,660 -2.14%
Source Alfaria Trijaya AMRT -8.64 2,500 -6.72%

Source: Refinitiv & RTI

From one line bottom engines above, PT Bayan Resources Tbk (BYAN) shares became ballast (latecomer) was the biggest in today’s IHSG trading session, which hit 15.17 index points.

While in second place, PT GoTo Gojek Tokopedia Tbk (GOTO) shares weighed on the index by up to 13.88 index points.

As for from the best losers-, here are the stocks that weighed on the JCI in today’s trading session I.

Issuer Warehouse code Last price Price changes (%)
Go to Gojek Tokopedia GO TO 93 -6.54%
Wulandari Bangun Laksana BSBK 240 -6.98%
Sariguna Primatirta CLEO extension 535 -6.96%
Multistrada Transport Management TIME 2,140 -6.96%
Land of the Sea INDEX 350 -6.91%
Indah Prakasa Sentosa INPS 820 -6.82%

Source: Refinitiv & RTI

GOTO shares become the best losers the biggest on this day, where GOTO shares fell 7% to a position of 93 IDR/share. Meanwhile, in second place were shares of PT Wulandari Bangun Laksana Tbk (BSBK), which plunged 6.98% to Rp 240/share. The two had already hit a limit automatic rejection lower (ARB).

CNBC INDONESIA RESEARCH TEAM

Disclaimer: This news item is not intended to encourage readers to buy or sell related stocks. The investment decision is entirely up to you and CNBC Indonesia is not responsible for any losses or profits resulting from this decision.

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