PALMOILMAGAZINE, JAKARTA – Indeks Harga Saham Gabungan (IHSG) on Monday, July 31, 2023, rose by 0.45 percent or 31.13 points, reaching the level of 6,931.36. The continuous upward movement of IHSG is predicted to break the psychological barrier of the 7,000 level in the near future, as the Indonesian Stock Exchange (IDX) has become one of the preferred investment destinations for global stock investors.
Throughout the trading day on Monday (31/7), IHSG ranged from 6,895.07 to 6,931.36. At the opening of the trading day, IHSG started at 6,922.25, rising by 22.02 points compared to the closing position on Friday afternoon (28/7).
During the trading day, there were 1.28 million stock transactions with a total transaction value of IDR 13.6 Trillion. According to Palmoilmagazine.com, this transaction value is the highest achievement in July 2023.
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The rise of IHSG also boosted the increase in selling prices of certain stocks, such as palm oil stocks, where 10 palm oil companies experienced a rise in their stock selling prices, with an increase of up to 6.72 percent.
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