Stock Markets July 2, 2026 04:35 AM

Jakarta Stocks Close Higher; IDX Composite Up 0.94% on Financials, Infrastructure and Agriculture Strength

Broad gains push majority of issues higher as select mid-caps post strong rebounds while some property names retreat

By Sofia Navarro
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COCO

Indonesia's equity market finished higher on Thursday, with the IDX Composite Index closing up 0.94% in Jakarta. Advances in the Financials, Infrastructure and Agriculture sectors underpinned the session. Leading gainers included PT Wahana Interfood Nusantara Tbk (COCO), Multi Medika Internasional (MMIX) and PT Royaltama Mulia Kontraktorindo Tbk (RMKO). Top declines were recorded by Indonesian Paradise Property (INPP), Jayamas Medica Industri (OMED) and Bukit Darmo Property Tbk (BKDP). Crude and Brent oil prices fell, while the August gold futures contract ticked higher. The rupiah traded weaker against the US dollar and the Australian dollar.

Jakarta Stocks Close Higher; IDX Composite Up 0.94% on Financials, Infrastructure and Agriculture Strength
COCO
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Key Points

  • The IDX Composite Index closed up 0.94% in Jakarta, led by gains in Financials, Infrastructure and Agriculture.
  • Top gainers were COCO (+34.88%), MMIX (+25.00%) and RMKO (+24.80%); major decliners included INPP (-14.19%), OMED (-9.80%) and BKDP (-9.80%).
  • Market breadth favored advancing issues, with 392 stocks rising, 252 declining and 179 unchanged; INPP hit a 52-week low at 635.00.

Jakarta equities ended Thursday's trading session in positive territory, with the IDX Composite Index finishing the day 0.94% higher. Broad-based gains were led by stocks in the Financials, Infrastructure and Agriculture sectors, which supported the overall advance.

At the close in Jakarta, the IDX Composite Index recorded a 0.94% rise.

Top performers

  • PT Wahana Interfood Nusantara Tbk (JK:COCO) led the session, jumping 34.88% or 60.00 points to close at 232.00.
  • Multi Medika Internasional PT Tbk (JK:MMIX) gained 25.00% or 116.00 points to finish at 580.00.
  • PT Royaltama Mulia Kontraktorindo Tbk (JK:RMKO) rose 24.80% or 62.00 points to end the day at 312.00.

Largest decliners

  • Indonesian Paradise Property (JK:INPP) fell 14.19% or 105.00 points to close at 635.00.
  • Jayamas Medica Industri PT (JK:OMED) dropped 9.80% or 20.00 points to end at 184.00.
  • Bukit Darmo Property Tbk (JK:BKDP) declined 9.80% or 10.00 points to finish at 92.00.

On the Jakarta Stock Exchange, advancing issues outnumbered decliners by 392 to 252, while 179 stocks were unchanged at the close.

Indonesian Paradise Property (JK:INPP) reached a 52-week low during the session, with its share price falling 14.19% to 635.00.


Commodities and currencies

In commodities trading, crude oil for August delivery slipped 0.93% or 0.64 to trade at $67.94 a barrel. Brent oil for September delivery fell 0.99% or 0.71 to $70.86 a barrel. The August Gold Futures contract ticked up 0.08% or 3.40 to trade at $4,085.80 a troy ounce.

On the currency front, USD/IDR moved higher, with the rupiah trading at 17,999.40, up 0.41%. AUD/IDR also rose 0.56% to 12,424.17. The US Dollar Index Futures was down 0.41% at 100.74.

Market breadth and context

Market breadth favored buyers on the day, as most sectors recorded gains led by Financials, Infrastructure and Agriculture. However, notable weakness among certain property and healthcare-related names tempered the advance for some market participants.

Detailed session movements for select symbols included JKSE performance and individual stock swings: COCO up 34.88%, MMIX up 25.00%, RMKO up 24.80%, INPP down 14.19%, OMED down 9.80% and BKDP down 9.80%.

Risks

  • Selected property and healthcare-related names underperformed, indicating potential sector-specific volatility for Property and Healthcare investors.
  • Commodity price movements showed downside in crude and Brent oil, which could affect Energy-related sectors sensitive to near-term oil price fluctuations.
  • Currency weakness in the rupiah versus the US dollar and Australian dollar introduces exchange-rate risk for companies with foreign-currency exposure.

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