Stock Markets June 12, 2026 04:30 AM

Jakarta Stocks Climb; IDX Composite Advances 2.51% on Broad Sector Gains

Financials, infrastructure and agriculture names lead market rally as commodity prices and currency pairs shift

By Caleb Monroe
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ASPR

Indonesia's stock market closed higher on Friday, with the IDX Composite Index rising 2.51% in Jakarta trading. Gains were concentrated in the Financials, Infrastructure and Agriculture sectors. Several individual equities posted large percentage moves, while commodity and currency markets saw notable changes over the session.

Jakarta Stocks Climb; IDX Composite Advances 2.51% on Broad Sector Gains
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Key Points

  • IDX Composite Index closed up 2.51% in Jakarta trading.
  • Market breadth favored advancers by 638 to 119, with 100 stocks unchanged.
  • Notable individual moves: PPRE, ASPR and BUKK were the session's top gainers; PSAB, BABY and LCKM were the largest decliners.

Jakarta equities finished the session on a positive note Friday as the IDX Composite Index closed up 2.51% in local trading, propelled by strength in the Financials, Infrastructure and Agriculture sectors.


At the close in Jakarta, the benchmark IDX Composite Index registered a 2.51% gain. Market breadth was strongly positive: 638 issues advanced, 119 declined and 100 stocks finished unchanged on the Jakarta Stock Exchange.

Individual movers included a mix of sizable winners and losers. The top performers were PP Presisi Tbk PT (JK:PPRE), which climbed 28.75% - an increase of 23.00 points - to finish at 103.00. Asia Pramulia Tbk PT (JK:ASPR) advanced 29.70%, or 49.00 points, closing at 214.00. Bukaka Teknik Utama Tbk Pt (JK:BUKK) rose 24.84%, gaining 200.00 points to end the session at 1,005.00.

On the downside, J Resources Asia Pasifik Tbk (JK:PSAB) fell 14.91%, or 82.00 points, to close at 468.00. Multitrend Indo Tbk PT (JK:BABY) declined 13.68% - a drop of 32.00 points - finishing at 202.00. LCK Global Kedaton (JK:LCKM) was down 11.11%, or 17.00 points, to end at 136.00.


Commodities and currency moves accompanied equity market activity. Crude oil for July delivery dropped 4.93%, a decrease of $4.32, to settle at $83.39 a barrel. Brent oil for August delivery fell 4.90%, or $4.43, to $85.95 a barrel. In contrast, the August Gold Futures contract rose 2.95%, gaining $121.20 to trade at $4,235.20 a troy ounce.

On currency pairs, USD/IDR moved lower by 0.38% to 17,797.90, while AUD/IDR fell 0.70% to 12,580.48. The US Dollar Index Futures was down 0.10%, trading at 99.75 at the time reported.


The session reflected broad participation across sectors cited as driving the market - Financials, Infrastructure and Agriculture - while individual stock volatility was notable among both winners and losers. Commodity price swings and currency shifts were also present during the trading day.

Risks

  • Significant single-stock volatility as shown by large percentage moves in individual equities - impacts equity investors and market liquidity.
  • Commodity price swings - crude oil and Brent fell sharply during the session, which can affect energy-linked sectors and sentiment.
  • Currency fluctuations - USD/IDR and AUD/IDR movements add uncertainty for exporters, importers and currency-sensitive sectors.

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