Stock Index based on Industry Sector Today 28 June 2024

As of June 28, 2024, most sectoral indexes increased, bolstering the composite index (Indeks Harga Saham Gabungan or IHSG) by +0.9%. With the exception of the industrial sector index and transportation sector index, which decreased by -0.06% and -0.02% respectively, the raw material, non-primary, primary, energy, finance, health, infrastructure, property, and technology sectors all saw increases from +0.06% to +1.14%. The IHSG’s growth of +0.9% on June 28, 2024, can be attributed to a variety of potential factors, including positive economic data, strong corporate earnings reports, a surge in global market trends, supportive government policies, buoyant investor sentiment, sector-specific advancements, and increased market liquidity. The minor declines in the industrial and transportation sectors could be due to temporary challenges such as supply chain disruptions, higher production costs, or weaker demand for industrial goods, and some sector-specific issues like higher fuel costs, regulatory changes, or reduced transportation demand. In summary, the IHSG’s overall strengthening is likely due to a combination of positive macroeconomic factors, strong performance in key sectors, and favorable investor sentiment, while the declines in specific sectors reflect sector-specific issues.