Jakarta, CNBC Indonesia – The Composite Stock Price Index (JCI) weakened 0.35% this week to 6,538,506. However, before ending at that level, the JCI had shot up 1.3% but then slumped to 1.2%. This means that the Pride of the Homeland market is volatile this week. The reason is the Omicron variant of the corona virus which is feared to “dominate” the world and make the global economy slow down.
The Omicron virus which is said to be more easily spread than the delta variant and there is a possibility of being immune to the vaccine is said to be “ruling” the world in the next 3 to 6 months.
This was said by an infectious disease specialist, Leong Hoe Nam, from Mount Elizabeth Novena hospital.
Anxiety about Omicron made the JCI able to strengthen by two in five trading times this week, with a transaction value of 76.9 trillion. Foreign investors recorded a net sell (net sell) worth Rp 2.75 trillion.
Although the JCI weakened, several issuers were still able to record significant gains.
Launching data from the Indonesia Stock Exchange (IDX), the share price of PT MNC Studios International Tbk. (MSIN) shot up more than 48% to Rp 730/share, and became the top top gainers in this week. MSIN recorded a sharp increase in trading last Friday, amounting to 34.79%. Foreign investors were recorded as chasing MSIN the most yesterday, with a net buy of Rp 67.6 billion.
Then in the second order top gainers there is PT Inter Delta Tbk (INTD). INTD is an issuer related to films, including film processing services, its share price soared 43.12% to Rp 312/share this week.
In third place was PT Satyamitra Kemas Lestari Tbk (SMKL) which rose 41.51%. The issuer of packaging made from cardboard or brown paper rose after reporting a net profit rocketing more than 250% in the third quarter of 2021 compared to the same period the previous year.
Completing the top 5 were PT Century Textile Industry Tbk (CNTX) which rose 38.1% to IDR 290/share, and PT Armada Berjaya Trans Tbk (JAYA) by 36.71% to IDR 216/share.
Based on the IDX’s Disclosure of Information, Monday (29/11), the president director of PT Armada Berjaya Trans Tbk (JAYA) Darmawan Suryadi again purchased the company’s shares on November 23, 202 as many as 11,572,695 shares at a price of Rp104/share. So that the purchase value is more than 1.2 billion.
Darmawan’s share ownership is now 202,887,495 shares equivalent to 27.05% compared to the previous 191,314,800 equivalent to 25.50%.
CNBC INDONESIA RESEARCH TEAM
(pap / pap)