KONTAN.CO.ID - The IDX Composite Index (IHSG) fell 0.61% on Friday, February 23, 2024, closing at 7,295.10. The decline was led by the financial sector, which fell 0.94%. Other sectors that declined significantly included the energy sector (-0.18%), the industrial sector (-0.50%), and the transportation & logistics sector (-0.54%). The decline in the IHSG can be attributed to several factors, including profit-taking by investors after the announcement of the election results and concerns about a slowdown in the global economy.
IDX Composite Ends Lower on Profit-Taking and Global Economic Concerns
KONTAN.CO.ID - The IDX Composite Index (IHSG) fell 0.61% on Friday, February 23, 2024, closing at 7,295.10. The decline was led by the financial sector, which fell 0.94%. Other sectors that declined significantly included the energy sector (-0.18%), the industrial sector (-0.50%), and the transportation & logistics sector (-0.54%). The decline in the IHSG can be attributed to several factors, including profit-taking by investors after the announcement of the election results and concerns about a slowdown in the global economy.