Jakarta, CNBC Indonesia – The Indonesian stock market from November 28 to December 2, 2022 closed mostly in the black. However, the Composite Stock Price Index (IHSG) move was down 0.48% to what was 7,019.639 from 7,053.150 the previous week.
The largest increase during the week occurred in average trading volume by 75.18% to 31.506 billion shares from 17.985 billion shares as of last week’s close.
The average daily value of stock exchange transactions increased by 68.46% to Rp 17.522 trillion from Rp 10.401 trillion the previous week. The increase also occurred in the Exchange’s average daily transaction frequency, which was 13.36% to 1,205,337 transactions during the week from 1,063,305 transactions in the previous week.
The market capitalization of the exchange also increased by 0.30% to Rp 9,512.969 trillion compared to Rp 9,484.633 trillion the previous week.
Foreign investors recorded today a net sales value of IDR 1.628 trillion and throughout 2022 foreign investors recorded net purchases of IDR 78.735 trillion.
For four trading days this week, the JCI has finished in the red zone, with only one day ending in the green zone. The JCI was also recorded to have limited movement on either side, indicating that the market was still in a volatile condition and tended to move sideways.
The highest increase this week was recorded by PT Singaraja Putra Tbk (SINI), which strengthened 69.03% in a week to Rp 955 per share from last week’s price of Rp 565 per share.
Four other issuers that rose significantly were PT Indonesia Prima Property Tbk (OMRE) up 59% to Rp 1,560 per share, PT Sanurhasta Mitra Tbk (MINA) up 58% to Rp 79 per share, PT SLJ Global Tbk (SULI) is up 40% to IDR 210 per share level and PT Nusantara Almazia Tbk (NZI) is up 36% to IDR 220 per share level.
Meanwhile, there were five stocks that became top losers this week, each of which lost more than 24% of its market cap. Among them, with Zatta Jaya Tbk (ZATA) -28.99% at a price of IDR 169 per share. PT GoTo Gojek Tokopedia Tbk (GOTO) -28.65% at a price of IDR 132 per share.
PT Tri Banyan Tirta Tbk (HIGH) -26.87% at a price of Rp 98 per share. PT Asuransi Maximus Graha Persada Tbk (ASMI) -24.55% at a price of IDR 126 per share. E PT Tempo Intimedia Tbk (TMPO) -24.38% at a price of Rp 121 per share.
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