Weak Commodity Prices Sends JCI Lower


The negative sentiment from the weakening of commodity prices triggered a correction in the Jakarta Composite Index at the opening of trading on Thursday (8/4) by 1.58 points.

"The hope of strengthening the JCI needs to be watched out amidst falling prices for several commodities such as gold, coal, nickel, and tin as well as an increase in the yield on US 10-year bonds by 1.40% to 1.67%," said Head of Research of MNC  Edwin Sebayang Securities in Jakarta.

The Indonesian Stock Exchange at the opening of trading this Thursday was corrected by 1.58 points (0.03%) to the position of 6,035.04.

Meanwhile, the leading stock index LQ45 fell 0.16 points (0.02%) to 903.97.



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