Indonesian Composite Index Closes Higher at 8,617
Executive Summary
Key insights and market outlook
The Indonesian Composite Index (IHSG) closed higher at 8,617.04, gaining 68.25 points or 0.80%. The index remained in positive territory throughout the day, reaching a high of 8,625.63 and a low of 8,564.69. Trading volume hit 43.55 billion shares worth Rp 21.87 trillion across 2.72 million transactions.
Deep Dive Analysis
Indonesian Stock Market Closes Higher
IHSG Gains 0.80% on Strong Trading Activity
The Indonesian Composite Index (IHSG) closed higher today, finishing at 8,617.04, representing a gain of 68.25 points or 0.80%. The index demonstrated consistent strength throughout the trading session, maintaining its position in the green zone.
Trading Dynamics and Performance
The IHSG opened at 8,577.60 and reached a peak of 8,625.63 during the day's trading, while the lowest point was recorded at 8,564.69. The market showed robust activity with a trading volume of 43.55 billion shares, valued at Rp 21.87 trillion. The frequency of transactions reached 2.72 million times, indicating active market participation.
Market Sentiment and Outlook
The positive closing reflects overall market sentiment, with investors showing confidence in the current market conditions. The strong trading volume and value suggest sustained interest in Indonesian equities.
Source References
Story Info
Topics Covered
Key Events
IHSG Closing Higher
Strong Trading Volume Recorded