Indonesia’s stock market closed higher on Friday, with gains in the Financials, Infrastructure, and Agriculture sectors driving the overall rise in the IDX Composite Index, which ended the session up 0.39%.
Top Performers
The best performers on the IDX Composite Index included:
Jobubu Jarum Minahasa PT Tbk (JK:BEER), which surged by 33.64%, or 37 points, closing at 147.00.
Agro Yasa Lestari PT Tbk (JK:AYLS), which gained 34.48%, or 20 points, to finish at 78.00.
Steady Safe TBK PT (JK:SAFE), which climbed 24.59%, or 60 points, to end at 304.00.
Worst Performers
The worst performers of the session included:
Sona Topas Tourism Industry (JK:SONA), which saw a decline of 16.67%, or 1,000 points, ending at 5,000.
Graha Andrasentra Propertindo Tbk PT (JK:JGLE), which dropped by 12.50%, or 1 point, to close at 7.00.
Express Transindo Utama Tbk (JK:TAXI), which fell by 11.11%, or 1 point, finishing at 8.00.
Market Breadth
Rising stocks outnumbered declining ones on the Jakarta Stock Exchange, with 327 advancing, 283 declining, and 213 unchanged.
Commodities & Currency
- Crude oil for January delivery fell by 2.10% to $69.10 per barrel.
- Brent oil for February delivery decreased by 0.38% to $72.60 per barrel.
- Gold futures for February rose by 0.51% to $2,621.49 per ounce.
- USD/IDR dropped by 0.33% to 16,231.40, while AUD/IDR fell by 0.53% to 10,145.39.
- The US Dollar Index Futures was down 0.24% at 107.89.
Summary
The Indonesian stock market ended the week on a positive note, led by significant gains in specific stocks within the Financials, Agriculture, and Infrastructure sectors. While crude oil prices declined, gold futures saw a modest rise, and the Indonesian rupiah depreciated slightly against the US dollar and the Australian dollar. The market breadth showed more stocks advancing than declining, indicating overall positive sentiment for the day.
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