JCI Closes Lower on Negative Domestic Sentiments
Jakarta Composite Index (JCI) closed lower on Monday (9/23), following the uncertainty in the US-China trade negotiations and sluggish domestic sentiment due to the unrest in Papua. Weakening rupiah also limited the index upward movement.
JCI dropped 25.27 points, or 0,41 percent, to 6,206.20 at the close with 11 billion shares traded totaling Rp 6.3 trillion. A total of 154 stocks rose, while 295 shares fell and 165 shares were stagnant, with all nine sectors but financial and miscellaneous industries were negative. Meanwhile, foreign investors recorded a net sell of Rp 269 billion.