Stock Analysis Today 25 June 2024

As of June 25, 2024, the 5 stocks out of 30 stocks that are classified as top gainer stocks are Graha Layar Prima Tbk with +24.85%, Sinarmas Multiartha Tbk with +1.71%, Gowa Makassar Tourism Development Tbk with +5.42%, Barito Renewables Energy Tbk with +2.13%, Chandra Asri Pacific Tbk with 1.7%. Meanwhile, the 5 stocks out of 30 stocks that are classified as top losers are MD Pictures Tbk with -15.1%, Tigaraksa Satria Tbk with -5.38%, Multi Bintang Indonesia Tbk with -6%, Petrosea Tbk with -2.78% and Indosat Tbk with -1.67%.

Overall, the composite index (IHSG) has a downward trend with a decrease of -0.45%. The decline of the Composite Stock Price Index (IHSG) on June 25, 2024, was primarily influenced by a major correction in large capitalization stocks, particularly in the banking sector​​. The decline in the IHSG also occurred in line with the weakening of stock markets in the Asian region. On the same day, the leading indices, such as the Nikkei, Hang Seng, and Shanghai Composite, were also in the red zone​​. The combination of negative global sentiment and a correction in major domestic stocks caused the IHSG to decline significantly that day.

Fitriya