It also cut loose three others: ExxonMobil (XOM), Pfizer (PFE) and Raytheon (RTN).Apple (APPL) stocks jumped on Monday as stock splits went into effect for that company and for Tesla.Growth concerns persist as coronavirus deaths in the U.S. have topped 183,000. (JP/Seto Wardhana)
Topics The European and U.S. markets were up and now the Asian bourses figure to open in similar fashion.The JCI finished slightly higher on Monday as gains from the food and cement stocks were capped by weakness from the financials and resource companies.For the day, the index rose 4.23 points or 0.08 percent to finish at 5,277.04 after trading between 5,261.41 and 5,294.15.Among the actives, Bank Mandiri tumbled 1.64 percent, while Bank Negara Indonesia advanced 0.99 percent, Indosat skidded 1.20 percent, Indocement added 0.42 percent, Semen Indonesia jumped 1.57 percent, Indofood Suskes surged 4.17 percent, Astra Agro Lestari tanked 2.69 percent, Aneka Tambang surrendered 1.89 percent, Vale Indonesia sank 1.34 percent, Timah plummeted 3.85 percent and Bank Danamon Indonesia, Bank CIMB Niaga and Bumi Resources were unchanged.The lead from Wall Street is broadly positive as stocks opened higher on Monday and remained firmly in the green throughout the session, sending the NASDAQ and the S&P 500 to fresh record closing highs.The Dow jumped 378.13 points or 1.35 percent to finish at 28,308.46, while the NASDAQ advanced 67.92 points or 0.60 percent to end at 11,379.72 and the S&P 500 advanced 34.12 points or 1.00 percent to close at 3,431.28.The strength on Wall Street came following upbeat news on the coronavirus front after the Food and Drug issued an emergency authorization for investigational convalescent plasma for the treatment of COVID-19 in hospitalized patients.Adding to the positive sentiment, a report from the Financial Times said the Trump administration is considering fast-tracking an experimental coronavirus vaccine from the U.K. for use in America ahead of the presidential election.Oil prices jumped on Monday as the threat of hurricanes in the Caribbean and the Gulf of Mexico brought oil production to a halt. Maximilianus, on the other hand, said it was common for there to be winners and losers in the stock market. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.Any information that you receive via FT.com is at best delayed intraday data and not "real time". Not deterred by the pandemic-induced market volatility, the number of retail investors in Indonesia’s stock market continues to rise with new investors hopeful of reaping future profits from today’s low base, providing a buffer for the local bourse as foreign investors dump risky assets.
“Volatility in the market goes up and the movement has become relatively sideways because the holding period and return requirements from our retail colleagues is not too long and is not too high so they can easily carry out active trading,” Sucor Sekuritas head of research Adrianus Bias told Adrianus added that sector rotation within the bourse had been fairly quick.
Pilarmas Sekuritas research director Maximilianus Nico Demus, on the other hand, told the Meanwhile, Mirae Asset Sekuritas head of research Hariyanto Wijaya simply noted that “market volatility always exists in the capital market”, in an email correspondence with the Coincidentally, the rise of retail investors has been accompanied by the growing prominence of so-called “stock influencers”.
Your browser is out of date, and may not be compatible with our website. Analyst Activity Nasdaq Data The Jakarta Stock Price Index is a major stock market index which tracks the performance of all companies listed on the Indonesia Stock Exchange. Registration on or use of this site constitutes acceptance of our (RTTNews) - The Indonesia stock market has moved lower in two straight sessions, sinking more than 130 points or 2.6 percent along the way. Market Data . The rise in domestic retail investors has provided the bourse with a liquidity buffer as foreign investors flee the country and institutional investors grow wary. Aug 24, 2020 10:00PM EDT (RTTNews) - The Indonesia stock market bounced higher again on Monday, one session after ending the six-day winning streak in which it … The Jakarta Stock Price Index is a modified capitalization-weighted index of all stocks listed on the regular board of the Indonesia Stock Exchange.
This document can be downloaded here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sucor Sekuritas equity and business development director Bernadus Wijaya explained to the “When several stock influencers are of the same view about a particular stock, chances are the stock will rally because the followers of each of those influencers will also buy the same stock in a sizable amount,” Bernadus said. “The main motive is certainly a speculation motive. FT is not responsible for any use of content by you outside its scope as stated in the Constituents of the Jakarta Composite with the highest percent gain over one day.The Financial and Risk business of Thomson Reuters is now Nasdaq Initiatives The main gauge of the Indonesia Stock Exchange (IDX) plunged 2.63 percent to 5,539.38 before lunch break.
Meanwhile, in a historic shift, the average daily transaction value of retail investors surpassed that of institutional investors in June, IDX data show. The rise of the stock influencer phenomenon is likely to have been aided by the fact financial literacy in the country remains very low.
The Jakarta Stock Price Index has a base value of 100 as of August 10, 1982. Quick Links Indonesia Stock Exchange (IDX) website features stock market news, stock information, stock updates, and general overview of the market landscape.