Indonesia Stocks Rise at Close of Trade; IDX Composite Index Up 0.74%

Indonesia’s stock market saw gains on Thursday, primarily driven by advancements in several sectors. As trading concluded in Jakarta, the main index increased by 0.74%, reaching a new all-time high.

Leading the gains for the day was Sejahteraraya Anugrahjaya Tbk, which surged by an impressive 2,075.00%, or 2,490.00 points, closing at 2,610.00. Other notable performers included Bank Ina Perdana Tbk, which climbed 1,591.67%, gaining 3,820.00 points to finish at 4,060.00, and Victoria Care Indonesia Tbk Pt, which saw an increase of 535.00% or 535.00 points, closing at 635.00.

In contrast, the worst-performing stocks included Berlian Laju Tanker Tbk PT, which plummeted by 99.75%, or 8,479.00 points, ending at 21.00. Equity Development Investment also experienced a significant drop, declining 99.38% or 8,447.00 points to close at 53.00, while Express Transindo Utama Tbk fell by 99.29%, down 556.00 points to settle at 4.00.

Overall, the Jakarta Stock Exchange recorded a higher number of declining stocks compared to advancing ones, with 335 stocks falling against 326 that rose, while 182 remained unchanged.

In terms of commodities, crude oil for November delivery increased by 1.19%, reaching $70.71 a barrel. Similarly, Brent oil for the same delivery month saw a rise of 1.06%, settling at $74.43 a barrel, while December Gold Futures rose by 0.37% to trade at $2,608.20 per troy ounce.

On the currency front, the USD/IDR exchange rate decreased by 0.61% to 15,212.95, whereas the AUD/IDR increased by 0.34% to 10,388.75. Additionally, the US Dollar Index Futures slightly rose by 0.05%, reaching a value of 100.33.