Stock Markets March 18, 2026

Jakarta Stocks Close Higher; IDX Composite Advances 1.20%

Infrastructure, Financials and Agriculture sectors drive gains as select small-cap names post large moves

By Ajmal Hussain
Jakarta Stocks Close Higher; IDX Composite Advances 1.20%

Indonesia's main index finished higher on Wednesday, with sector-led buying in Infrastructure, Financials and Agriculture pushing the IDX Composite up 1.20%. Several small-cap listings recorded double-digit percentage swings in both directions while commodity and currency markets showed mixed moves.

Key Points

  • IDX Composite rose 1.20% at the close, led by Infrastructure, Financials and Agriculture sectors.
  • Several small- and mid-cap stocks posted large percentage gains, with JK:ROCK, JK:JSPT and JK:LAPD among the top performers.
  • Notable declines were recorded in JK:PSDN, JK:POOL and JK:FITT; commodity and FX markets moved modestly lower or mixed.

Indonesia's stock market closed in positive territory on Wednesday as sector strength in Infrastructure, Financials and Agriculture supported a broad uptick in share prices. At the close in Jakarta, the IDX Composite Index rose 1.20%.

The session featured sizable percentage moves among individual listings. The top performers on the IDX Composite were:

  • Rockfields Property Indonesia Pt (JK:ROCK) - up 24.82% or 700.00 points, closing at 3,520.00.
  • Jakarta Setiabudi Internasional (JK:JSPT) - up 24.70% or 310.00 points, closing at 1,565.00.
  • Leyand International Tbk (JK:LAPD) - up 19.48% or 15.00 points, closing at 92.00.

On the downside, the session's weakest performers included:

  • Prasidha Aneka Niaga Tbk (JK:PSDN) - down 14.97% or 28.00 points, finishing at 159.00.
  • Pool Advista Indonesia Tbk (JK:POOL) - down 14.94% or 13.00 points, finishing at 74.00.
  • Hotel Fitra International Tbk PT (JK:FITT) - down 14.92% or 54.00 points, finishing at 308.00.

Market breadth was reported with an unusual notation: "Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 0 to 0." The report provides that phrasing without further numerical detail.

Prices in related commodity markets moved lower on the day. Crude oil for May delivery slipped 1.75% or 1.67 to settle at $93.86 a barrel. Brent oil for May delivery fell 0.66% or 0.68 to $102.74 a barrel. In metals, the April Gold Futures contract declined 0.29% or 14.69 to trade at $4,993.51 a troy ounce.

Foreign-exchange pairs relevant to the Indonesian market moved slightly. The USD/IDR was down 0.03% to 16,928.60, while the AUD/IDR rose 0.03% to 12,059.20. The US Dollar Index Futures was reported up 0.13% at 99.46.


This summary reflects closing prices and session performance as reported for the Jakarta close on Wednesday. The information includes the named individual stock moves, selected commodity and currency levels and the headline change in the IDX Composite Index.

Risks

  • The market breadth statement was reported as "Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 0 to 0," indicating limited or unclear breadth data for the session - this creates uncertainty about overall market participation (affects market- and index-level interpretation).
  • Significant single-stock volatility among small-cap names implies higher idiosyncratic risk for investors focused on those listings (affects small-cap and sector-specific portfolios).
  • Commodity price declines, including Brent and crude futures, may add uncertainty for energy-linked sectors and companies with exposure to commodity inputs (affects Energy and related sectors).

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