The positive sentiment today still came from the arrival of the Sinovac vaccine to Indonesia and the increase in the prices of commodities, particularly coal. On the other hand, profit-taking caused the index to enter the red zone.
Jakarta (ANTARA) - The Jakarta Composite Index (IHSG) ended higher on Tuesday amid continued euphoria over the arrival of Sinovac’s COVID-19 vaccine to Indonesia and an uptick in commodity prices.

The index of the Indonesian Stock Exchange (BEI) closed 13.65 points higher, or up 0.23 percent, at 5,944.41, while the index of the 45 most liquid stocks (LQ45) fell 3.04 points, or 1.32 percent, to touch 933.28.

"The positive sentiment today still came from the arrival of the Sinovac vaccine to Indonesia and the increase in the prices of commodities, particularly coal. On the other hand, profit-taking caused the index to enter the red zone," Indo Premier Sekuritas analyst Mino said on Tuesday.

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After opening higher, the IHSG weakened for a while before it strengthened again and remained in the positive territory until the close of trade.

Stocks in six sectors rose, led by the consumer sector, which rose 1.64 percent, followed by the mining sector and the infrastructure sector, which rose 1.11 percent and 0.62 percent, respectively.

However, stocks in four sectors recorded a correction, with the miscellaneous industry deepening its fall by minus 1.48 percent, followed by the agricultural sector and the property sector, at minus 0.8 percent and minus 0.51 percent, respectively.

Tuesday’s trade posted net foreign sales of Rp730.74 billion.

A total of 1,555,164 transactions were recorded on Tuesday, with 32.08 billion shares, worth Rp19.11 trillion, changing hands. Meanwhile, 224 shares rose, 259 shares fell, and 147 shares remained unchanged.

In the Asian regional markets, the Nikkei Index fell 80.36 points, or 0.3 percent, to 26,467.08, the Hang Seng index tumbled 202.29 points, or 0.76 percent, to 26,304.56, and the Straits Times index shed 2.61 points, or 0.09 percent, to reach 2,822.9. (INE)

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Translator: Citro Atmoko/Suharto
Editor: Yuni Arisandy Sinaga
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