Stock Markets April 17, 2026 04:30 AM

Jakarta trading ends with IDX Composite unchanged as select sectors advance

Agriculture, basic industry and property names buoy session while market breadth remains mixed

By Jordan Park DEFI
Jakarta trading ends with IDX Composite unchanged as select sectors advance
DEFI

Indonesia's benchmark IDX Composite finished the session unchanged, supported by gains in the Agriculture, Basic Industry and Property sectors. A handful of stocks posted large intraday moves in both directions, while commodity prices and currency pairs showed modest declines and gains respectively.

Key Points

  • IDX Composite finished the session essentially flat, adding 0.00% at the close.
  • Top gainers included City Retail Developments (JK:NIRO), Danasupra Erapacific (JK:DEFI) and Personel Alih Daya (JK:PADA); top losers included Sepeda Bersama Indonesia (JK:BIKE), Prasidha Aneka Niaga (JK:PSDN) and Agro Yasa Lestari (JK:AYLS).
  • Commodities and currencies moved modestly: WTI crude, Brent and June gold futures fell, USD/IDR and AUD/IDR rose, and the US Dollar Index Futures eased slightly to 98.00.

Indonesia stocks finished higher on Friday after the close, with advances in the Agriculture, Basic Industry and Property sectors helping to lift selected shares, even as the benchmark printed an effectively flat reading at the close.

At the close in Jakarta, the IDX Composite Index added 0.00%.

The session's biggest winners on the IDX Composite Index included City Retail Developments Tbk PT (JK:NIRO), which surged 34.74% or 66.00 points to finish at 256.00. Danasupra Erapacific Tbk (JK:DEFI) rose 33.88% or 41.00 points to close at 162.00, and Personel Alih Daya Tbk PT (JK:PADA) climbed 30.00% or 45.00 points to trade at 195.00 by the close.

On the downside, Sepeda Bersama Indonesia Tbk PT (JK:BIKE) led losses, slipping 14.60% or 100.00 points to settle at 585.00. Prasidha Aneka Niaga Tbk (JK:PSDN) dropped 13.09% or 25.00 points to end at 166.00, and Agro Yasa Lestari PT Tbk (JK:AYLS) fell 13.16% or 30.00 points to 198.00 in late trade.

Market breadth was tilted toward decliners: falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 369 to 322, while 168 issues finished unchanged.


Commodities trading saw crude oil and gold retreat. Crude oil for May delivery fell 1.15% or 1.09 to $93.60 a barrel. Brent oil for June delivery declined 1.02% or 1.01 to $98.38 a barrel. The June Gold Futures contract was down 0.05% or 2.26, trading at $4,806.04 a troy ounce.

Currency moves included a stronger U.S. dollar versus the rupiah, with USD/IDR up 0.44% to 17,185.90. The Australian dollar also gained against the rupiah, as AUD/IDR rose 0.52% to 12,325.09. The US Dollar Index Futures was down 0.03% at 98.00.

Overall, the session combined notable individual-stock volatility with modest moves in commodity and currency markets, producing an unchanged headline reading for the IDX Composite despite sector-level advances.

Risks

  • Market breadth was negative with 369 decliners versus 322 advancers, indicating uneven participation across sectors - this particularly affects listed equities.
  • Commodities prices moved lower during the session (WTI crude, Brent and gold), which could introduce volatility for commodity-sensitive sectors and related stocks.
  • Currency fluctuations were present with USD/IDR up 0.44% and AUD/IDR up 0.52%, creating exchange-rate risk for exporters and importers exposed to the rupiah.

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