Indonesia's stock market closed higher on Wednesday, with the IDX Composite Index finishing the session up 0.96% in Jakarta. Sector advances in Infrastructure, Financials and Agriculture underpinned the overall gain.
The session's top performers on the IDX Composite included Astrindo Nusantara Infrasruktur Tbk PT (JK:BIPI), which surged 34.52%, adding 58.00 points to end the day at 226.00. Pt Cipta Perdana Lancar Tbk (JK:PART) climbed 34.33%, or 46.00 points, to reach 180.00 at the close, while Multi Garam Utama Tbk PT (JK:FOLK) rose 25.00%, gaining 150.00 points to finish at 750.00.
On the downside, PT Hillcon Tbk (JK:HILL) declined 15.00%, dropping 12.00 points to 68.00, marking a move to record lows for the stock. Link Net Tbk (JK:LINK) fell 13.98%, or 390.00 points, to close at 2,400.00, and MNC Tourism Indonesia Pt Tbk (JK:KPIG) slid 13.46%, down 21.00 points to 135.00.
Market breadth favored advancers, with 454 stocks rising versus 270 that fell; 130 issues finished unchanged on the Jakarta Stock Exchange.
The session also featured notable intra-stock milestones: PT Hillcon Tbk (JK:HILL) traded at an all-time low after the 15.00% drop to 68.00, while Pt Cipta Perdana Lancar Tbk (JK:PART) reached an all-time high following its 34.33% gain to 180.00.
Commodity markets showed mixed movement during the trading day. Crude oil for April delivery increased 0.55%, or $0.34, to settle at $62.60 a barrel. Brent oil for April delivery rose 0.58%, or $0.39, to $67.81 a barrel. The April Gold Futures contract was higher as well, up 0.81% or 39.79, trading at $4,945.69 a troy ounce.
Currency shifts accompanied the session's trading. The USD/IDR rate rose 0.49% to 16,868.30, while AUD/IDR increased 0.19% to 11,940.92. The US Dollar Index Futures finished up 0.12% at 97.18.
Overall, Wednesday's session saw concentrated gains in specific sectors and large percentage moves among smaller-cap names, set against declines in several individual large-cap stocks and modest movement in commodities and currency markets.