14 hours ago
11
March 18, 2025 | 01:50 pm
TEMPO.CO, Jakarta - Composite Stock Price Index (IHSG) plunged freely in today's first session. Trading was halted for 30 minutes after the index dropped more than 5 percent before closing the session at 6,076 (-6.11 percent). Research Samuel Sekuritas mentioned that this decline contradicts the movement of the global and regional markets.
Based on the same research, Samuel Sekuritas noted that the Asian market also captured positive sentiment from the U.S. and tended to strengthen; by the end of the first session today, the Hang Seng index strengthened by +1.8 percent, as well as Nikkei (+1.5 percent), Kospi (+0.1 percent), and STI (+0.9 percent), while Shanghai (+0.0 percent) tended to be flat.
By the end of today's first session, 75 stocks strengthened, 652 weakened, and 122 stagnated, with a transaction value reaching Rp10.2 trillion, a trading frequency of 888,162 times, and a trading volume of 159.2 million lots.
Bank BCA (BBCA) stock became the most actively traded stock in the first session today, with a transaction frequency of 61,204 times, followed by PSAB (49,115), and PTRO (38,038). In terms of volume, GoTo Gojek Tokopedia (GOTO) stock became the most traded in the first session today with a trading volume of 24.8 million lots, followed by BUMI (8.2 million), and PSAB (6.8 million).
Not a single sectoral index strengthened in the first session today. Meanwhile, the technology sector index (IDXTECHNO) (-12.4 percent) once again became the sectoral index with the deepest decline in the first session today, amid the weakening of several technology stocks such as DCII (-20 percent), EDGE (-12.8 percent), and EMTK (-9.6 percent). The basic goods sector index(IDXBASIC) (-9.7 percent) placed second, followed by the energy sector index (IDXENERGY) (-6.2 percent).
Aside from technology stocks, IHSG also faced pressure from the decline of several other stocks, including big-cap duo Prajogo Pangestu's BREN (-16.3 percent) and TPIA (-19.9 percent) (TPIA just reported a net loss of US$69,163 million in 2024, up 109.09 percent from its loss in 2023), BBCA (-4.6 percent), BMRI (-6.6 percent), BBRI (-6.2 percent), and PANI (-15.2 percent).
The top five gainers in the first session today (based on the percentage increase) include:
- FMII (+23.1 percent to Rp458 per share)
- ANJT (+16.6 percent to Rp1,575 per share)
- TRIN (+15.3 percent to Rp90 per share)
- wGSH (+9.8 percent to Rp179 per share)
- BESS (+9.7 percent to Rp1,065 per share)
Meanwhile, the top five losers in the first session today (based on the percentage decrease) include:
- MINA (-27.7 percent to Rp94 per share)
- FORU (-24.8 percent to Rp740 per share)
- SMDM (-24.8 percent to Rp1,285 per share)
- DNAR (-24.2 percent to Rp75 per share)
- UANG (-23.6 percent to Rp304 per share)
Editor's Choice: Bahlil Claims Freeport's Gresik Smelter Can Produce 60 Tons of Gold Bars Annually
Click here to get the latest news updates from Tempo on Google News
IDX Temporarily Halts Trading as IHSG Plummets 5 Percent
42 menit lalu
A temporary trading halt has occurred at the Indonesia Stock Exchange (IDX) at 11:19:31 JATS, triggered by a 5 percent decline in the IHSG.
Researcher: Sri Mulyani Resignation Rumors May Stir Market Uncertainty
19 jam lalu
Confusion about the possibility of Sri Mulyani's resignation from the Red and White Cabinet will leave the market puzzled.
Indonesia's Trade Surplus Likely Narrowed to $2.45bn in February
3 hari lalu
Southeast Asia's largest economy has posted a monthly trade surplus since mid-2020, driven by a commodity boom.
German Startup Offers Cryogenic Preservation for Future Revival at $200,000
5 hari lalu
A medical startup from Germany, Tomorrow Bio, offers a service to freeze human bodies for potential revival in the future.
Jasa Marga Enhances Homecoming Services Through Technology
6 hari lalu
Peak homecoming flow on toll roads is predicted to fall on March 28.
Top 10 Current Most Powerful Countries in the World
6 hari lalu
The most powerful countries not only wield significant economic influence but also in military strength and strategic international relations.
Indonesian Govt Recalls MinyaKita Cooking Oil Not in Accordance with Market Standards
7 hari lalu
The Indonesian government recalled 1-liter MinyaKita cooking oil packaging which was only distributed in 750-800 milliliters from the market.
Antam Gold Price Rises to Rp1,693mn per Gram Today
8 hari lalu
Antam gold price has increased compared to Sunday, March 9, 2025, which was Rp 1,690,000 per gram.
Indonesian Govt Committed to U.S. Cooperation Amid Trade Tensions
10 hari lalu
The Ministry of Indonesian Foreign Affairs upholds its commitment to maintaining good relations with the U.S. despite the dynamics of a trade war.
International Women's Day 2025: Technology Plays Crucial Role in Driving Equality
11 hari lalu
Welcoming International Women's Day, UN Resident Coordinator in Indonesia, Gita Sabhrwal, introduces specific programs to support women.
