ahmadajah03 Mon Mar 2020 2 years ago

World Oil Prices Drop Due to Corona

JAKARTA, KOMPASTV - Safe Haven assets are in demand when market conditions are still uncertain.

Even though it was volatile, the composite stock price index rose slightly last week by 2.5 percent.

This morning (9/3) the Composite Stock Price Index (IHSG) is still swaying in uncertainty.

At the opening of trading this week, the JCI was corrected quite deeply, namely 2.48% at the level of IDR 5,364.

This continues the correction in the JCI since closing last week at the level of IDR 5,498. This is also the impact of the government's actions in announcing 2 new cases of positive corona virus patients.

Regarding market sentiment, the corona virus outbreak is one of the strongest sentiments driving stock trading this morning, apart from the market also waiting for the announcement of the consumer confidence index which will also be announced soon.

Apart from that, on a Year to Date (YTD) basis, the IHSG was corrected very deeply, eroding 12 percent and last week the IHSG was also corrected quite deeply by 2.48%.

Even though the corona virus outbreak has greatly affected the stock market, there are 2 companies that are still listed on the stock exchange.

The company is PT. Esta Multiusaha and PT. Slippery Rocks of the Archipelago.
harga minyak anjlok bisnis ihsg pasar saham corona virus corona