The IHSG ended lower today due to profit-taking after rising 2 percent yesterday. The negative sentiment also came from a news report of Donald Trump testing positive for COVID-19.Jakarta (ANTARA) - The Jakarta Composite Index (IHSG) ended lower on Friday over news reports of US President Donald Trump contracting the novel coronavirus disease (COVID-19) and profit-taking by investors.
The index of the Indonesian Stock Exchange (BEI) closed 43.36 points lower, or down 0.87 percent, at 4,926.73, while the index of the 45 most liquid stocks (LQ45) fell 10.19 points, or 1.34 percent, to 750.86.
“The IHSG ended lower today due to profit-taking after rising 2 percent yesterday. The negative sentiment also came from a news report of Donald Trump testing positive for COVID-19,” Indo Premier Sekuritas analyst Mino said here on Friday.
After opening lower, the IHSG remained in the red until the close of trade.
Stocks in nine sectors recorded a correction, with the infrastructure sector deepening its fall by 2.25 percent, followed by the agricultural sector and the financial sector, which declined 1.24 percent and 1.06 percent, respectively.
Only the miscellaneous industry sector rose by 0.31 percent.
Friday's trade posted net foreign sales of Rp51.36 billion.
A total of 629,051 transactions were recorded on Friday, with 9.97 billion shares, worth Rp6.15 trillion, changing hands. Meanwhile, 125 shares rose, 300 shares fell, and 1,350 shares remained unchanged.
In Asian regional markets, the Nikkei Index shed 155.03 points, or 0.67 percent, to reach 23,029.9, while the Straits Times Index weakened 8.34 points, or 0.33 percent, to touch 2,492.4. The Chinese stock exchange was closed on Friday. (INE)
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Translator: Citro Atmoko/Suharto
Editor: Fardah Assegaf
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