Today, the composite index was affected by profit-takingJakarta (ANTARA) - The Jakarta Composite Index (IHSG) ended lower on Thursday as investors took advantage of the gains in the stock market over the past few days to book profits.
The index of the Indonesian Stock Exchange (BEI) closed 50.91 points lower, down 0.92 percent, at 5,458.6, while the index of the 45 most liquid stocks (LQ45) tumbled 13.33 points, or 1.52 percent, to 8666.69.
“Today, the composite index was affected by profit-taking,” Indo Premier Sekuritas analyst Mino said.
After opening lower, the IHSG was unable to move away from the red until the close of trade.
Stocks in four sectors rose, led by the agricultural sector, which increased 1.91 percent, followed by the consumer sector and the manufacturing sector, which rose 0.46 percent and 1.23 percent, respectively.
However, stocks in six sectors recorded a correction, with the financial sector deepening its fall by minus 2.13 percent, followed by the property sector and the infrastructure sector at minus 1.57 percent and minus 0.84 percent, respectively.
Thursday's trade posted net foreign buys of Rp256.26 billion.
A total of 864,899 transactions were recorded on Thursday, with 18.76 billion shares, worth Rp10.31 trillion, changing hands. Meanwhile, 149 shares rose, 296 shares fell, and 170 shares remained unchanged.
In the Asian regional markets, the Nikkei Index rose 171.28 points, or 0.68 percent, to reach 25,520.88, the Hang Seng Index slid 57.6 points, or 0.22 percent, to 26,189.38, while the Straits Times Index weakened 4.31 points, or 0.16 percent, to reach 2,708.97.
Related news: IHSG ends higher as vaccine efficacy boosts investor sentiment
Related news: IHSG ends higher on hopes of national economic recovery
Related news: IHSG ends lower as caution sets in amid tight US vote
Translator: Citro Atmoko/Suharto
Editor: Sri Haryati
Copyright © ANTARA 2020
