JCI Records Significant Strengthening: Behind the Increase in the Non-Primary Consumer Goods Sector

Jakarta - The Indonesian stock exchange closed the day brilliantly. The Composite Stock Price Index (IHSG) shot up 56.37 points or around 0.74%, placing itself firmly at the level of 7,672.89. Since opening at level 7,616, the JCI has moved dynamically, touching its lowest level at 7,546 before finally peaking at 7,672.

The strengthening of the JCI this time was driven by optimism in various sectors, but it cannot be denied that the main focus fell on the non-primary consumer goods sector. This sector experienced a jump of 2.76%, a figure that reflects strong demand for products beyond basic needs. Of the various companies operating in this sector, several have become major stars, showing that Indonesian people's consumption is in a positive trend, especially for non-urgent goods.

Meanwhile, the health and infrastructure sectors also recorded impressive performance. Health, a sector that has continued to receive attention post-pandemic, saw an increase of 1.61%. Infrastructure, which is often an indicator of overall economic development, also strengthened by 1.12%. These two sectors mark a stable and sustainable movement in the development and provision of quality health services.

However, not all sectors are enjoying positive trends. The transportation, raw goods and primary consumer goods sectors are experiencing pressure. Transportation was the sector most under pressure with a correction of 1.03%, followed by the raw goods sector which fell 0.87%, and primary consumer goods which fell 0.26%. This decline indicates the challenges these sectors face amidst global economic uncertainty and fluctuations in commodity prices.

Trading volume that day reached extraordinary figures, with 36.33 billion shares traded worth a total of IDR 11.17 trillion. In the midst of this dynamic, there were 268 shares that recorded an increase, while 331 shares experienced a decline, and 193 shares were stagnant.

Among the leading stocks that achieved the biggest profits, names such as PT Indosat Tbk (ISAT), PT Kalbe Farma Tbk (KLBF), and PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO) were at the top. ISAT recorded an increase of 5.12%, while KLBF and SIDO rose 2.98% and 2.29% respectively. These three companies demonstrated solid performance amidst intense competition and high investor expectations.

However, not all major players have succeeded in making a profit. PT Medco Energi Internasional Tbk (MEDC), PT Merdeka Copper Gold Tbk (MDKA), and PT Indocement Tunggal Prakarsa Tbk (INTP) are actually on the list of top losers. MEDC experienced the largest decline of 3.59%, followed by MDKA with 3.39%, and INTP which fell 2.86%. This negative movement reflects the challenges these companies face, both in terms of operations and external pressures.

Apart from that, several stocks recorded significant increases, such as DNET which jumped IDR 1,225 to IDR 7,450 per share, GEMS which rose IDR 1,225 to IDR 14,725 per share, and DCII which jumped drastically by IDR 11,175 to IDR 41,450 per share. sheet. However, not all stocks can record positive results. STTP, KARW, and DSSA each experienced price declines, with STTP falling IDR 1,075 to IDR 14,400 per share, KARW falling IDR 700 to IDR 6,450 per share, and DSSA corrected by IDR 425 to IDR 40,950 per share.

Among the most actively traded stocks, KPIG, BSBK and BBRI recorded high transaction activity. KPIG occupies the top position with 51,142 transactions worth IDR 243.5 billion, followed by BSBK with 50,332 transactions worth IDR 31.8 billion, and BBRI with 26,470 transactions worth IDR 725.7 billion.

The strengthening of the JCI is a reflection of the positive sentiment developing in the market, showing investors' optimism regarding the future of the Indonesian economy. Behind the recorded numbers, there is a story about trust, hope and challenges faced by various industrial sectors in the country. As time goes by, the JCI will continue to be a barometer that reflects Indonesia's economic and financial dynamics, a reflection of the nation's journey towards sustainable prosperity.