Indonesia’s stock market saw positive movement on Friday, buoyed by gains in the Infrastructure, Financials, and Agriculture sectors. The IDX Composite Index closed the trading day up by 0.56% in Jakarta.
Leading the gains, Multi Medika Internasional PT Tbk (JK:MMIX) surged 27.07%, adding 49.00 points to reach 230.00, marking a 52-week high. Raharja Energi Cepu Tbk PT (JK:RATU) saw a 24.58% increase, rising 440.00 points to finish at 2,230.00, reaching an all-time high. Maming Enam Sembilan Mineral Tbk PT (JK:AKSI) also posted a strong performance, up 22.05% or 43.00 points, closing at 238.00.
On the other hand, Kentanix Supra International Tbk PT (JK:KSIX) experienced a sharp decline, dropping 23.11% or 98.00 points to 326.00, hitting an all-time low. Dwi Guna Laksana Tbk PT (JK:DWGL) fell 18.03%, losing 44.00 points to close at 200.00, while Gowa Makassar Tourism Development (JK:GMTD) dropped 16.95%, losing 790.00 points to end at 3,870.00.
Overall, rising stocks outnumbered decliners on the Jakarta Stock Exchange, with 321 stocks advancing, 293 declining, and 225 remaining unchanged.
In commodity markets, crude oil for February delivery rose 1.14%, gaining $0.84 to $74.76 per barrel. Brent oil for March delivery saw a similar increase, up 1.13% or $0.87, settling at $77.79 per barrel. The February Gold Futures contract also saw a positive movement, rising 0.56% or $15.00 to $2,705.80 per troy ounce.
On the foreign exchange markets, the Indonesian rupiah (USD/IDR) strengthened by 0.17%, reaching 16,192.60, while the Australian dollar (AUD/IDR) fell by 0.19%, closing at 10,029.05. The US Dollar Index Futures remained stable, unchanged at 109.00.
Key Points:
- IDX Composite Index up 0.56% at close.
- Multi Medika Internasional PT Tbk and Raharja Energi Cepu Tbk PT led the gains.
- Kentanix Supra International Tbk PT saw the largest decline.
- Crude oil and Brent oil prices both rise, gold also gains.
- USD/IDR up 0.17%, AUD/IDR down 0.19%.
Indonesia Stocks Close Higher with Gains in Infrastructure, Financials, and Agriculture Sectors
Indonesia’s stock market saw positive movement on Friday, buoyed by gains in the Infrastructure, Financials, and Agriculture sectors. The IDX Composite Index closed the trading day up by 0.56% in Jakarta.
Leading the gains, Multi Medika Internasional PT Tbk (JK:MMIX) surged 27.07%, adding 49.00 points to reach 230.00, marking a 52-week high. Raharja Energi Cepu Tbk PT (JK:RATU) saw a 24.58% increase, rising 440.00 points to finish at 2,230.00, reaching an all-time high. Maming Enam Sembilan Mineral Tbk PT (JK:AKSI) also posted a strong performance, up 22.05% or 43.00 points, closing at 238.00.
On the other hand, Kentanix Supra International Tbk PT (JK:KSIX) experienced a sharp decline, dropping 23.11% or 98.00 points to 326.00, hitting an all-time low. Dwi Guna Laksana Tbk PT (JK:DWGL) fell 18.03%, losing 44.00 points to close at 200.00, while Gowa Makassar Tourism Development (JK:GMTD) dropped 16.95%, losing 790.00 points to end at 3,870.00.
Overall, rising stocks outnumbered decliners on the Jakarta Stock Exchange, with 321 stocks advancing, 293 declining, and 225 remaining unchanged.
In commodity markets, crude oil for February delivery rose 1.14%, gaining $0.84 to $74.76 per barrel. Brent oil for March delivery saw a similar increase, up 1.13% or $0.87, settling at $77.79 per barrel. The February Gold Futures contract also saw a positive movement, rising 0.56% or $15.00 to $2,705.80 per troy ounce.
On the foreign exchange markets, the Indonesian rupiah (USD/IDR) strengthened by 0.17%, reaching 16,192.60, while the Australian dollar (AUD/IDR) fell by 0.19%, closing at 10,029.05. The US Dollar Index Futures remained stable, unchanged at 109.00.
Key Points:
- IDX Composite Index up 0.56% at close.
- Multi Medika Internasional PT Tbk and Raharja Energi Cepu Tbk PT led the gains.
- Kentanix Supra International Tbk PT saw the largest decline.
- Crude oil and Brent oil prices both rise, gold also gains.
- USD/IDR up 0.17%, AUD/IDR down 0.19%.
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