Jakarta - The weakening of community prices and negative sentiment in global markets triggered the Jakarta Composite Index (JCI) correction at the opening of trading Friday (20/8) by 3.56 points.

"The combination of the sharp fall in prices of several commodities such as tin, nickel, oil, coal and CPO as well as the weakening of the Dow Jones index of 0.19% on the third day and the decline in EIDO of 1.63% became less conducive sentiment for trading this Friday which is expected to continue to decline. " said Director of MNC Asset Management Edwin Sebayang in Jakarta.

Furthermore, the continued increase in new death cases due to COVID-19 in Indonesia and several countries such as the United States, India, Brazil, and Russia also contributed to negative sentiment.

The JCI opened lower 3.56 points (0.06%) on Friday to 5,988.76. The leading stock index LQ45 fell 0.82 points (0.1%) to 849.92.