JCI Closes 29.20 Points at Friday

By : Herry Barus And Aldo Bella Putra | Friday, May 25 2018 - 19:10 IWST

Pengunjung mengamati papan elektronik yang memperlihatkan pergerakan IHSG di gedung BEI (Foto Rizki Meirino)
Pengunjung mengamati papan elektronik yang memperlihatkan pergerakan IHSG di gedung BEI (Foto Rizki Meirino)

INDUSTRY.co.id - Jakarta - The Jakarta Composite Stock Price Index (IDX) on Friday, closed higher by 29.20 points in line with recovering market conditions.

IHSG IDX closed up 29.20 points or 0.49 percent to 5,975.74, while the group of 45 leading stocks or LQ45 index moved up 4.51 points (0.47 percent) to 958.38.

President Director of Mandiri Sekuritas, Silvano Rumantir in Jakarta, Friday (05/25/2018) said that the increase in JCI in recent days shows the stock market trend that began to enter the area of ​​strengthening.

"The increase in JCI today (25/5) shows the recovery of the market began to be seen," he said.

He added that foreign investors responded positively to the policies submitted by Bank Indonesia pro market.

"The signal given by BI is very pro market, there is a possibility of BI doing 'adjustment' interest rate if necessary," he said.

On the other hand, he added, the external sentiment regarding the cancellation of US President Donald Trump's meeting with Korea Utama over the nuclear talks prompted the stock market in the United States to be contained. However, emerging markets are strengthening.

"The US stock market is stuck so the 'emerging market' gets a good deal, it's a factor that cannot be ignored," he said.

Meanwhile, it was recorded that trading frequency was 405,482 transactions with the number of shares traded at 7.029 billion shares worth Rp7.341 trillion. A total of 178 stocks rose, 196 stocks declined, and 119 shares did not move in value or stagnate.

Regional exchanges, among them the Nikkei index rose 13.77 points (0.06 percent) to 22,450.78, the Hang Seng Index fell 172.37 points (0.56 percent) to 30,588.03, and the Straits Times weakened 15.69 points (0.44 percent) to a position of 3,513.23.

News Comment

Today's Industry

(Photo: © 2022 KRAIBURG TPE)

Selasa, 17 Mei 2022 - 11:23 WIB

TPE unleashes benefits for pet accessories

The pet care market is rapidly expanding as pet ownership increases, as does spending on pet food, grooming tools, and accessories. Pet owners are significantly concerned about the prevalence…

Sergey Sedov, Founder and CEO of Robocash Group

Jumat, 13 Mei 2022 - 16:15 WIB

Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021

Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…

PT Sariguna Primatirta Tbk (Tanobel Group)

Jumat, 13 Mei 2022 - 15:45 WIB

Demand Increases, CLEO Recorded IDR307.7 Billion Sales in Q1-2022

PT Sariguna Primatirta Tbk (Tanobel Group), a public company and manufacturer of Bottled Drinking Water (AMDK) with the IDX ticker code: CLEO: IJ, recorded a 30% increase in sales reaching IDR307.7…

TopWorx DX PST with HART 7 monitors and tests valve assemblies, providing detailed data and diagnostics and enabling the digital transformation of process applications.

Jumat, 13 Mei 2022 - 15:15 WIB

Emerson’s New Emergency Shutdown Discrete Valve Controller Improves Safety, Uptime in Hazardous Applications

Emerson introduced the TopWorxTM DX PST with HART® 7. Units provide valuable valve data and diagnostic information, enabling the digital transformation of process applications.

PT Buyung Poetra Sembada Tbk (“HOKI”)

Kamis, 12 Mei 2022 - 15:26 WIB

HOKI Launches Another New Product

PT Buyung Poetra Sembada Tbk (“HOKI”), a Public Company which produces quality rice under the “Topi Koki” and “HOKI” brands, continues to innovate by re- launching new products.…