TEMPO.CO, Jakarta - The Indonesian Composite Index (IHSG) performed positively in the period of November 20-24, 2017. The index increased by 0.25 pecent to 6,067.14 points from last week’s 6,051.73 ponts.
Indonesian Stock Exchange (IDX) spokesperson Yulianto Aji Sadono said the positive performance was led by a 0.33-percent increase in market capitalization.
“The value increased to Rp6,716.37 trillion this week from last week’s Rp6,693.94 trilion,” Yulianto said in a press release on Sunday, November 26.
Despite the favorable performance, the IDX’s daily average transaction value were down by 10.58 percent to Rp6.76 trillion from Rp7.56 trillion last week. The IDX’s average daily transaction volume also declined by 7.20 percent from last week’s 11.11 billion stocks to 10.31 billion stocks this week. In addition, the IDX’s average daily transaction frequency plunged by 9.05 percent from 331,190 to 301,190 transactions.
The IDX recorded this week that PT PP Presisi’s (PPRE) stocks were offered at Rp430 per share. PPRE is the 29th stock issuers listed by the IDX this year.
The IDX also recorded that state-owned railway company PT Kereta Api Indonesia (KAI) issued bonds worth Rp2 trillion. The total value of bonds and sharia bonds recorded in 2017 is Rp143.89 trillion.
VINDRY FLORENTIN
