JAKARTA – Jakarta Composite Index (JCI) rose 2.14%, or 160.57 points, to 7,660.76 in the first trading session on Tuesday (14/4), supported by foreign capital inflows into banking stocks.

Total stock market turnover on the Indonesia Stock Exchange (IDX) reached IDR 13.60 trillion, with 28.66 billion shares traded during the session. A total of 513 stocks advanced, while 131 declined and 173 were unchanged.

Analysts at Phintraco Sekuritas said the formation of a positive histogram in the MACD indicator continued, signalling a constructive trend for JCI, while the stochastic RSI remained in overbought territory.

Read Also:

“We expect JCI to extend its gains towards the 7,675–7,700 range in the second session of trading on Tuesday (14/4),” the analysts said in a note to investors.

Despite the index’s gains, foreign investors recorded net selling of IDR 127.71 billion. In volume terms, foreign investors posted net selling of 40.13 million shares.

Below are the details of net foreign buy and sell in the first session on Tuesday (14/4):

Top 5 Net Foreign Buy

  1. PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) – IDR 130.85 billion
  2. PT Bank Central Asia Tbk (BBCA) – IDR 124.89 billion
  3. PT Bank Mandiri (Persero) Tbk (BMRI) – IDR 65.40 billion
  4. PT Darma Henwa Tbk (DEWA) – IDR 43.83 billion
  5. PT ESSA Industries Indonesia Tbk (ESSA) – IDR 36.28 billion

Top 5 Net Foreign Sell

  1. PT Barito Pacific Tbk (BRPT) – IDR 145.87 billion
  2. PT Petrosea Tbk (PTRO) – IDR 86.23 billion
  3. PT Petrindo Jaya Kreasi Tbk (CUAN) – IDR 77.15 billion
  4. PT Bumi Resources Minerals Tbk (BRMS) – IDR 71.65 billion
  5. PT Bumi Resources Tbk (BUMI) – IDR 43.69 billion

(KR/ZH)

Add
as a preferred source on Google