Increasing JCI and Market Capitalization

Rancakmedia.com – Increasing JCI and market capitalization by 1.59 percent and this increase was also in line with the increase in market capitalization by 1.17 percent to IDR 7,438.5 trillion.

The Indonesia Stock Exchange (IDX) posted the Composite Stock Price Index (IHSG) for the week or period March 8-12 2021, up 1.59 percent to 6,358.2 from 6,258.7 last weekend. The increase in JCI and market capitalization is stated as follows.

In an official IDX 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 JCI and market capitalization.

However, when compared to 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 by 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 Rp 456.76 billion this weekend. In the current year 2021, foreign investors recorded net purchases of 12.7 trillion rupees.

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

The 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 Sustainable Bonds with an issuance value of 2.75 trillion rupees in 2021.

OJK asked issuers to arrange buyback of shares from investors. The total issuance of bonds and sukuk recorded throughout 2021 was 14 issuances from 12 issuers with a value of Rs 14.60 trillion.

With this additional listing, the total issuance of bonds and sukuk listed on the IDX was 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 were listed on the IDX. There are currently 11 EBA issues worth 7.25 trillion rupees.

Conclusion

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