[ad_1]
Jakarta, CNBC Indonesia – Composite Stock Price Index (IHSG) in perdagangan closed for a week appreciated thin 0.17% at the level of 5,112.18 on Friday (10/23/2020).
In fact, the Indonesian capital market benchmark has entered a consolidation phase at the level of 5,100 since the previous week. On Friday, the JCI closed a day with a rise of 0.40%, so in a week it was up 0.17%.
In the last month of trading, IDX data recorded that the Indonesian Stock Exchange (EIB) benchmark index rose 3.36%.
Lonely sentiment Market sentiment, especially at the national level, makes IHSG it often moves sideways. Meanwhile, from the global market, the market driving sentiment was just the push and pull of fiscal stimulus to mitigate the impact. COVID-19-19 in the United States.
Although IHSG it can only increase slightly, but it turns out that many stocks can fly up to tens of percent.
Consider the following table.
Top Trade Winners Oct 19-24, 2020
|
They emit |
%Change |
Now |
before |
|
JAVA |
86.79% |
53 |
99 |
|
RONY |
28.41% |
366 |
470 |
|
HRUM |
27.38% |
1,680 |
2,140 |
|
SAME |
24.39% |
123 |
153 |
|
ASRI |
24.17% |
120 |
149 |
|
PDES |
22% |
200 |
244 |
The largest increase itself was recorded by the shares of PT Jaya Agra Wattie Tbk (JAWA) whose share price managed to rise 86.79% last week.
Despite flying, it turns out that the increase in palm oil and rubber issuers is not accompanied by large volumes of trade and the market capitalization of the company is relatively small, that is, only Rp. 373 billion, so that price is easily cornered by irresponsible parties.
In addition, there are shares of PT Sarana Meditama Metropolitan Tbk (SAME) which also flew 24.39% during the week as a result of corporate action induk hospital business OMNI These hospitals.
SAME plans to acquire all the shares of the hospital company PT Elang Doctor Corpora (EMC) worth 1.25 trillion IDR. To soften this plan, the company will increase its capital by granting preferential subscription rights (HMETD) matter of rights atau.
In addition, there are also owners of PT Alam Sutera Realty Tbk (ASRI) that managed to shoot 24.17%.
One of the sentiments for real estate stocks, including shopping malls, is large-scale social constraints (PSBB) The transition begins to loosen.
Provincial government DKI Jakarta has also issued operating permits for three cinemas, there are several conditions that visitors must meet. The conditions that must be met are that the maximum age limit allowed to go to the movies is 60 years.
Apart from that data publication presale also known as large class property issuers marketing sales that managed to increase in the third quarter of 2020 and exceeded the point nadirnya In the second quarter of 2020, after being attacked by the corona virus, it also managed to boost the real estate sector.
Top losers
On the other hand, it turns out that many stocks had suffered severe corrections to tens of percent in the past week.
Top Trade Losers Oct 19-24, 2020
|
Loser |
%Change |
|
MONUMENT |
-30.05% |
|
BACK |
-29.11% |
|
SKLT |
-25.26% |
|
NOISE |
-24.12% |
|
WEHA |
-22.54% |
Listed stocks that led the alias of decline major losers are stocks that, by the way, have a small market capitalization, namely down IDR 3 trillion.
In the first position, are the shares of the issuer of the property PT DMS Property Tbk (KOTA) which fell 29.09% during the week.
Trading data recorded that KOTA shares fell to the lower automatic rejection level alias ARBover the past week, even the decline in KOTA shares has occurred for 9 business days successively-decided and often fell to the level ARB-nya.
Indonesia Stock Exchange (TO) as a regulator, they have also asked issuers about this decline.
However, through the disclosure of information, KOTA responded that they were not aware of any important information or facts that could affect the value of the securities and would not take corporate action in the near future.
Second is the plastics industry issuer PT Yanaprima Upstairs Tbk (YPAS) who is in the same boat as KOTA plummeting to the level ARBthroughout the week, and registered a decrease of 28.95%.
Market capitalization YPAS also relatively small, only Rs 180 billion with a total public share of only 10.53% or a value of about Rs 19 billion.
RESEARCH TEAM CNBC INDONESIA
[Gambas:Video CNBC](bag of bag)
