Indonesia’s stock market closed on a positive note on Wednesday, with the IDX Composite Index rising 0.37%, reaching a new one-month high. The upward movement was driven by gains in key sectors, including Financials, Infrastructure, and Agriculture.
The session saw significant performances from certain stocks, notably Sunson Textile Manufacturer (JK:SSTM), which surged by 34.12%, or 58 points, closing at 228.00. Chitose Internasional Tbk (JK:CINT) followed closely, adding 34.08%, or 61 points, to finish at 240.00. Haloni Jane PT Tbk (JK:HALO) also experienced a notable increase, rising 34.00%, or 17 points, to close at 67.00.
On the downside, a few stocks struggled during the trading day. Modern Internasional Tbk (JK:MDRN) saw a decline of 14.29%, losing 1 point to finish at 6.00. Kedoya Adyaraya Tbk PT (JK:RSGK) fell by 11.02%, or 130 points, ending at 1,050.00. Similarly, Sillo Maritime Perdana Tbk PT (JK:SHIP) dropped 10.88%, or 130 points, to close at 1,065.00.
The overall market breadth was slightly positive, with 298 advancing stocks, 294 declining, and 242 remaining unchanged.
Chitose Internasional Tbk (JK:CINT) hit a 52-week high, reflecting the strong performance in today’s session.
In commodities, crude oil for January delivery rose 0.22%, gaining $0.15 to settle at $68.74 per barrel. Brent oil for February delivery also climbed 0.22%, or $0.16, to reach $72.35 per barrel. Gold futures for February saw a 0.59% increase, up $16.09, to trade at $2,734.49 per troy ounce.
In currency markets, the USD/IDR increased by 0.10%, reaching 15,918.30, while the AUD/IDR declined by 0.17% to 10,123.31. The US Dollar Index Futures rose by 0.13%, reaching 106.22.
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