Jakarta's equity market closed modestly in the green on Thursday, with the IDX Composite Index ending the session up 0.07%.
Sectors that contributed to the advance included Agriculture, Basic Industry and Property, where several individual issues posted outsized gains.
Top performers
- Citatah Tbk (CTTH) led gains, jumping 26.76% - a rise of 19.00 points to finish at 90.00.
- Radana Bhaskara Finance Tbk (HDFA) rose 26.37%, adding 24.00 points to close at 115.00.
- Pacific Strategic Financial (APIC) advanced 24.78%, up 280.00 points to end the session at 1,410.00.
Heaviest declines
- Dana Brata Luhur PT (TEBE) recorded the largest drop, sliding 14.38% or 225.00 points to 1,340.00 at the close.
- Equity Development Investment (GSMF) fell 12.20%, down 15.00 points to 108.00.
- Shield On Service Tbk PT (SOSS) declined 9.75%, a loss of 115.00 points to finish at 1,065.00.
Market breadth was negative at the close, with 428 stocks declining versus 255 advancing on the Jakarta Stock Exchange, and 173 issues unchanged.
Commodities and currencies
Energy markets saw notable strength: crude oil for May delivery rose 3.52%, up $3.32 to $97.73 a barrel, while Brent oil for June delivery gained 3.56%, up $3.37 to $98.12 a barrel. Precious metal futures moved lower, with the June Gold Futures contract down 0.56% or $26.90 to trade at $4,750.30 a troy ounce.
Currency moves included an appreciation of the US dollar against the rupiah - USD/IDR was up 0.90% to 17,093.10. The Australian dollar versus the rupiah, AUD/IDR, rose 0.20% to 12,000.51. The US Dollar Index Futures was slightly lower, down 0.06% at 98.87.
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Overall, the session closed with a modest gain for the benchmark, but market breadth and moves in commodities and currencies highlight uneven pressures across sectors.