JCI Strengthens to 6,745 Thanks to the Infrastructure Sector

Jakarta, Armfalcon.com —

Price index share combined (JCI) closed at 6,745 on Wednesday (24/5) afternoon. The stock index strengthened 9.12 points or plus 0.14 percent from the previous trade.

Quoting RTI Infokom, investors made transactions of IDR 9.75 trillion with 18.62 billion shares traded.

At this closing, 230 stocks rose, 273 corrected, and 231 others stagnated. However, it was observed that six of the eleven sectoral indices weakened, led by the basic sector which withered 0.31 percent. On the other hand, the infrastructure sector strengthened the most by 1.22 percent.

Meanwhile, the rupiah exchange rate at 15.30 WIB was observed to have weakened by 0.17 percent to a level of IDR 14,900 per US dollar.

Turning to foreign exchanges, the dominant Asian stock markets weakened. Noted, the Nikkei 225 index in Japan fell 0.89 percent, the Hang Seng Composite index in Hong Kong slumped 1.62 percent, and the Kospi index in South Korea stagnated.

Not much different, European stock exchanges are compact sluggish. It was observed that the FTSE 100 index in England was minus 1.52 percent, the CAC 40 index in France fell 1.45 percent, and the DAX index in Germany fell 1.25 percent.

Similarly, the American stock market is sluggish at the same time. The S&P 500 index fell 1.12 percent, the NYSE index minus 0.96 percent, and the NASDAQ Composite index fell 1.26 percent.

[Gambas:Video CNN]

[Gambas:Video CNN]

(skt/sfr)