Jakarta - Indonesia's stock market finished higher on Friday, with the IDX Composite Index advancing 1.82% to register a new one-month high at the close in Jakarta. Sector strength in Financials, Infrastructure and Agriculture underpinned the session's gains.
The session saw pronounced winners among smaller-cap listings. Optima Prima Metal Sinergi (JK:OPMS) led the board, jumping 31.15% - equal to a 38.00-point rise - to close at 160.00. Nusantara Voucher Distribution Tbk PT (JK:DIVA) climbed 26.76% or 38.00 points to finish at 180.00, while Hotel Fitra International Tbk PT (JK:FITT) rose 24.82% or 68.00 points to end the day at 342.00.
On the downside, several names recorded notable losses. Ace Oldfields PT (JK:KUAS) fell 14.02% or 23.00 points to close at 141.00. Shield On Service Tbk PT (JK:SOSS) declined 9.86% or 105.00 points to finish at 960.00, and Intan Baruprana Finance Tbk (JK:IBFN) slipped 9.09% or 6.00 points to end the session at 60.00.
Market breadth on the Jakarta Stock Exchange favored advancing issues, with 483 stocks rising, 212 declining and 165 ending unchanged.
Commodities and currencies
Energy and precious metals saw mixed moves in overseas markets. Crude oil for May delivery increased 1.77% - up 1.73 - to trade at $99.60 a barrel. Brent crude for June delivery gained 1.57% or $1.51 to reach $97.43 a barrel. By contrast, the June Gold Futures contract retreated 1.00% or $48.10, trading at $4,769.90 per troy ounce.
On currency pairs, the Indonesian rupiah softened slightly against the US dollar, with USD/IDR up 0.33% at 17,085.70. The Australian dollar strengthened marginally versus the rupiah, with AUD/IDR down 0.17% to 12,070.67. The US Dollar Index Futures was higher by 0.14% at 98.73.
Data from the close in Jakarta indicate a session dominated by sector-level leadership in Financials, Infrastructure and Agriculture and by pronounced moves among several small-cap stocks. The market's breadth showed more advancers than decliners as commodity and currency prices diverged.