Indonesia stock markets closed higher on Friday, with the benchmark IDX Composite Index ending the session up 0.88% in Jakarta. Sector-level strength in Infrastructure, Agriculture and Basic Industry underpinned the overall advance.
Market breadth, however, showed more decliners than advancers. On the Jakarta Stock Exchange, 414 issues fell compared with 286 that rose, and 155 finished unchanged.
Top gainers
- Krida Jaringan Nusantara Tbk PT (KJEN) led the winners, climbing 27.85% or 44.00 points to finish at 202.00.
- Barito Renewables Energy PT Tbk (BREN) added 25.00% or 660.00 points to close at 3,300.00.
- PT Petrindo Jaya Kreasi Tbk (CUAN) rose 24.75% or 125.00 points to end the day at 630.00.
Largest declines
- Asia Pramulia Tbk PT (ASPR) was the weakest, dropping 14.76% or 31.00 points to 179.00 at the close.
- Magna Finance Tbk (MGNA) declined 14.41% or 17.00 points to finish at 101.00.
- Graha Andrasentra Propertindo Tbk PT (JGLE) fell 12.86% or 9.00 points to close at 61.00.
Beyond equities, commodity prices and currency pairs moved modestly during the session. Crude oil for July delivery fell 0.19% or 0.17 to $88.73 a barrel. Brent crude for August delivery slipped 0.13% or 0.12 to $92.58 a barrel. The August Gold Futures contract increased 0.35% or 16.07 to trade at $4,548.47 a troy ounce.
On foreign exchange, the Indonesian rupiah weakened against the US dollar, with USD/IDR up 0.65% to 17,877.10. AUD/IDR rose 0.43% to 12,786.88. The US Dollar Index Futures was up 0.09% at 99.06.
At the close, the IDX Composite's daily move reflected selective buying in certain sectors and pronounced moves in individual names, while the broader market saw more stocks retreat than advance.
Session snapshot
- IDX Composite Index - close: +0.88%
- Advancers: 286 | Decliners: 414 | Unchanged: 155
- Notable winners: KJEN +27.85%, BREN +25.00%, CUAN +24.75%
- Notable losers: ASPR -14.76%, MGNA -14.41%, JGLE -12.86%