Increasing IHSG and Market Capitalization

Lovata Andrean

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Rancakmedia.com – Increasing IHSG and market capitalization amounted to 1,59 percent and this increase was also in line with an increase in market capitalization of 1,17 percent to IDR 7.438,5 trillion.

The Indonesian Stock Exchange (BEI) posted the Composite Stock Price Index (IHSG) for the week or period 8-12 March 2021, up 1,59 percent to 6.358,2 from 6.258,7 at the end of last week. The increase in IHSG and market capitalization is expressed as follows.

In the IDX's official statement on Saturday (13 March 2021), this increase was also in line with an increase in market capitalization of 1,17 percent to IDR 7.438,5 trillion from last week's position of IDR 7.352,2 trillion.

JCI rose 1,59 percent and this increase was also in line with an increase in market capitalization of 1,17 percent to IDR 7.438,5 trillion. Increase in IHSG and market capitalization.

However, when compared with the closing of the capital market in the previous week, there was a decrease in daily transaction volume, daily frequency and daily transaction value.

The average daily transaction volume on the stock exchange fell 18,60 percent during the week to 17,921 billion shares from 22,015 billion shares last week. Then the average daily transaction frequency fell 14,11 percent to 1.209.323 transactions, compared to closing 1.408.070 transactions last week.

Meanwhile, the average daily transaction value during the week was found to have fallen 15,94 percent or reached Rs 11,9 trillion from Rs 14,2 trillion at the end of last week.

Foreign investors posted a net sales value of IDR 456,76 billion at the end of this week. In the current year 2021, foreign investors recorded net purchases of 12,7 trillion rupees.

PT Ulima Nitra Tbk (UNIQ) this week it was listed on the main board and PT Karunia Beton Sadaya Tbk (BEBS) on the BEI development board.

Increasing IHSG and Market Capitalization

These two companies will be the eighth and ninth companies listed on the IDX in 2021. In addition, PT Pupuk Indonesia (Persero) listed Pupuk Indonesia Phase II Continuous Bonds with an issuance value of 2,75 trillion rupees in 2021.

OJK asks issuers to arrange share buybacks from investors. The total number of bond and sukuk issuances recorded throughout 2021 was 14 from 12 issuers with a value of Rs 14,60 trillion.

With this additional listing, the total issuance of bonds and sukuk recorded on the IDX is 475 issues with an outstanding value of Rs.428,8 trillion and $47,5 million issued by 130 issuers. In addition, 140 series of government bonds (SBN) worth 4.086,8 trillion rupees and 400 million US dollars are listed on the IDX. Currently there are 11 EBA issues worth 7,25 trillion rupees.

Conclusion

So, that's the article about the reasons for the increase in IHSG market capitalization that you must know too. Apart from the information above, we also provide other information on this website, so don't forget to visit our website to get interesting information.

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Lovata Andrean

Hi, I'm Lovata, I'm not Ai but I am a content writer for SEO, Technology, Finance, Travel, Cooking Recipes and others. I hope this can be useful for all my friends. Thanks