The Jakarta Composite Index (IHSG) concluded its trading day in the red, finishing the second session on Tuesday, April 7th, with a decline. According to data provided by Stockbit, the IHSG closed down by 18.4 points, or 0.26%, settling at 6,971.027. Similarly, the blue-chip LQ45 Index also experienced a correction, dipping 0.86% to end the day at 701.663.
Overall market activity remained robust, with the total exchange transaction value reaching a significant Rp 13.09 trillion. Trading volume for the day was substantial, with 26.68 billion shares changing hands across 1.76 million transactions. Despite the index’s downward movement, market breadth showed mixed performance: 250 stocks advanced, 407 stocks declined, and 158 stocks remained stagnant.
Here is a detailed look at the day’s top performers and underperformers in the Indonesian equity market:
Top Gainers
- PMJS (Putra Mandiri Jembar) surged 39 points (34.82%) to 151
- KUAS (Ace Oldfields) climbed 25 points (29.41%) to 110
- ESIP (Sinergi Inti Plastindo) rose 22 points (26.19%) to 106
- IFSH (Ifishdeco) gained 560 points (25.00%) to 2,800
- MEGA (Bank Mega) increased 1110 points (24.72%) to 5,600
Top Losers
- CHEM (Chemstar Indonesia) dropped 18 points (15.00%) to 102
- KKGI (Resource Alam Indonesia) fell 38 points (11.05%) to 306
- NSSS (Nusantara Sawit Sejahtera) decreased 75 points (10.20%) to 660
- FWCT (Wijaya Cahaya Timber) declined 7 points (8.14%) to 79
- FORE (Fore Kopi Indonesia) slid 65 points (8.07%) to 740
In terms of trading volume and value, several stocks dominated the market’s attention:
Top Value
- BBRI (Bank Rakyat Indonesia (Persero)) recorded Rp875.76 billion
- BMRI (Bank Mandiri (Persero)) recorded Rp859.34 billion
- CUAN (Petrindo Jaya Kreasi) recorded Rp751.34 billion
- BUMI (Bumi Resources) recorded Rp700.62 billion
- ANTM (Aneka Tambang) recorded Rp445.87 billion
Top Volume
- BUMI (Bumi Resources) traded 29.30 million shares
- GOTO (GoTo Gojek Tokopedia) traded 24.68 million shares
- ESIP (Sinergi Inti Plastindo) traded 10.06 million shares
- BIPI (Astrindo Nusantara Infrastruktur) traded 8.98 million shares
- CHEM (Chemstar Indonesia) traded 8.34 million shares
Turning to the currency market, the Rupiah experienced a depreciation against the US Dollar this afternoon, closing at Rp 17,090. This position represents a 58-point or 0.341% weakening compared to its morning opening rate of Rp 17,032.
Across the broader Asian landscape, regional stock markets displayed varied movements by the close of the afternoon. Data compiled from Stockbit and Yahoo Finance revealed the following performance for key regional indices:
- Japan’s Nikkei 225 rose 0.03% to 53,429.56
- Hong Kong’s Hang Seng Index fell 0.70% to 25,116.53
- China’s SSE Composite Index advanced 0.26% to 3,890.16
- Singapore’s Straits Times Index slipped 0.08% to 4,968.56