Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

Foreign Buys Prop Up JCI

21 July 2014 14:10 WIB

Seorang pialang di Dealing Room BII, Jakarta, Jumat (24/10). Pusat Investasi Pemerintah (PIP) melakukan proses penunjukkan perusahaan sekuritas untuk melaksanakan pembelian saham di pasar modal sebesar Rp 2,5 triliun. TEMPO/Puspa Perwitasari

TEMPO.CO, Jakarta – Large amounts of capital inflows continue to shore up the Jakarta Composite Index (JCI), maintaining its rally. Reza Priyambada from the Indonesian Association of Securities Analysts (AAEI) said that although the index encountered sentiments holding back its movements, the index managed to extend its gain nearing the end of last week.

If the rally continues, Reza said, the index will be able to re-penetrate the 5,200-bps mark. "Foreign net buys managed to maintain JCI's positive rate."

Throughout last week, Reza said, over the last week, foreign buys only amounted to Rp2.51 trillion, down from the previous week's Rp9.47 trillion. The year-to-date total of foreign net buy as of last week reached Rp54.6 trillion.

A safe and democratic presidential election becomes a contributing factor to the high number of foreign investors in the domestic market. This factor is supported by the fact that the Election Commission's (KPU) vote recap is showing a number that does not differ much from quick count results—calling Joko Widodo-Jusuf Kalla as winners.

Today the index is expected to move between 5,058 and 5,150 bps. Technically, the JCI still has the potential to gain despite in a limited volume.

"The index could reverse direction if KPU's recapitulation does not meet investors' expectations or if the announcement is postponed. [After the announcement] there will be selloffs ahead of the long holiday," said Reza.

PDAT | M. AZHAR



JCI Strengthens Amid Inaugural Vaccination

13 Januari 2021

JCI Strengthens Amid Inaugural Vaccination

The Jakarta Composite Index (JCI) on Wednesday closed strong at trade's first session amidst the inaugural Covid-19 vaccination in Indonesia.


JCI Climbs as President Jokowi Announces Free Vaccines

16 Desember 2020

JCI Climbs as President Jokowi Announces Free Vaccines

The Jakarta Composite Index (JCI), climbed by nearly 2 percent to 6098.64 in session two of today's trade, December 16.


JCI Closes Up after Bank Indonesia Rate Cut

19 November 2020

JCI Closes Up after Bank Indonesia Rate Cut

The JCI climbed 0.66 percent to close the day at 5,594.06.


DPRD Member Backs PSBB; Prioritizing Health Above Others

10 September 2020

DPRD Member Backs PSBB; Prioritizing Health Above Others

DPRD member Andyka. S openly supported the decision taken by Jakarta Governor Anies Baswedan who will impose the PSBB.


Jakarta Index Closes High over Good News on Covid-19 Vaccine

14 Juli 2020

Jakarta Index Closes High over Good News on Covid-19 Vaccine

At the Indonesia Stock Exchange (IDX), the index climbed over good news on the progress of the Covid-19 vaccine.


JCI Down as Market Fears Second Wave of Covid-19 Outbreak

12 Mei 2020

JCI Down as Market Fears Second Wave of Covid-19 Outbreak

The Jakarta Composite Index (JCI) closed Tuesday's first trade session with 1.24 percent correction to 4,639.10.


JCI Climbs after BI Announces Meeting Results

14 April 2020

JCI Climbs after BI Announces Meeting Results

The JCI climbed after Bank Indonesia board of governors meeting decided to lower minimum statutory reserves.


JCI Collapses after Jokowi Ministers Inauguration

23 Oktober 2019

JCI Collapses after Jokowi Ministers Inauguration

Throughout the first trading session, the JCI moved between 6,235 and 6,197.


JCI Likely Corrected over Trade Deficit Potential

24 Juni 2019

JCI Likely Corrected over Trade Deficit Potential

The Jakarta Composite Index (JCI) is expected to remain corrected on today's trade, June 24.


Capital Market Investors Unaffected by May 22 Rally

24 Mei 2019

Capital Market Investors Unaffected by May 22 Rally

The protest-turned-riot on May 22 had not affected investors in the capital market.