The Jakarta Composite Index (IHSG) concluded its first trading session on Wednesday, 4/2, in negative territory, signaling a challenging start for investors. The benchmark index posted a decline of 43.275 points, or 0.53 percent, settling at 8,079.321.
Overall market activity during the session was robust, with a total transaction value reaching a substantial Rp 14.635 trillion by midday. This impressive turnover was driven by a significant trading volume of 30.334 billion shares, executed across 1,897,228 transactions.
The bearish sentiment was evident across the board, as a majority of stocks saw declines. Out of the total listed securities, 418 shares weakened, overshadowing the 269 stocks that managed to strengthen. Meanwhile, 127 shares remained stagnant, showing no price change. Reflecting these movements, the market capitalization on the Indonesia Stock Exchange (IDX) was recorded at Rp 14,618.486 trillion.
A closer look at the market’s performance reveals several stocks that significantly underperformed, leading the list of top losers during the close of today’s first session. These companies experienced notable drops, impacting overall portfolio valuations:
• TRUE (Triniti Dinamik Tbk) saw a sharp decrease of 14.86 percent, closing at 252.
• MINA (Sanurhasta Mitra Tbk) followed, dropping 14.45 percent to 296.
• RMKO (Royaltama Mulia Kontraktorindo Tbk) declined by 14.38 percent, reaching 655.
• BIPI (Astrindo Nusantara Infrastruktur Tbk) fell 13.75 percent, settling at 138.
• LAPD (Leyand International Tbk) concluded its session down 12.93 percent, at 101.
Here’s how other key Asian stock markets performed this afternoon:
• Japan’s Nikkei 225 (N225) experienced a decline of 0.95 percent, closing at 54,203.398.
• In Hong Kong, the Hang Seng Index (HSI) also dipped slightly by 0.14 percent, reaching 26,796.429.
• Conversely, China’s Shanghai Composite Index (SSEC) showed a modest gain of 0.09 percent, rising to 4,071.350.
• Singapore’s Straits Times Index (STI) also demonstrated resilience, climbing 0.10 percent to 4,949.259.