Jakarta, CNBC Indonesia – The Composite Stock Price Index (JCI) collapsed amid news of Russia’s first invasion of Ukraine. Even so, foreign investors still hold shares in the domestic stock exchange.
Citing RTI data, the JCI had lost 112.61 points at 11.35. This equates to a decline of 1.63% to 6,807.44.
In the midst of this decline, foreign investors recorded a net buy or net buy of Rp 587.99 billion in the regular market. Net buys in the cash market and negotiations were also recorded at IDR 81.44 billion. Thus, foreign investors recorded a net buy of Rp 669.42 billion in all markets.
The index opened at 6,912.48 this morning. JCI briefly touched an intraday high of 6,929.91 and eventually headed to an intraday low of 6,782.37.
The transaction volume was 20.35 billion shares with a transaction value of Rp 11.7 trillion. Frequency occurs as much as 1.33 million times.
The decline in the JCI occurred after Russia announced that it was carrying out a military operation in Ukraine. CNBC International and CNN International even reported explosions were reported to have occurred in the capital city of Kyiv.
The explosion came minutes after Russian President Vladimir Putin announced a military operation in Ukraine to defend separatists in the east of the country. Putin himself recognized the two territories as independent from Ukraine Monday.
“I have made a decision on military operations,” Putin said in a surprise televised statement just before 6.00 am local time.
(dhf / hps)
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