IDX Composite Climbs 0.96% as Indonesia Stocks Rise
Indonesia Stocks Rise: IDX Composite Gains 0.96%
Indonesian equities ended the trading session on a positive note on Monday, driven primarily by strong performances in the infrastructure, financials, and agriculture sectors.
The benchmark IDX Composite Index climbed by 0.96% at the Jakarta close.
Among the top performers on the IDX Composite Index, Bank Capital Indonesia Tbk (BACA) surged 32.62%, or 61.00 points, to close at 248.00. Asuransi Harta Aman Pratama Tbk PT (AHAP) advanced 25.81%, gaining 24.00 points to finish at 117.00, while Perintis Triniti Properti PT (TRIN) rose 25.00%, adding 210.00 points to reach 1,050.00.
On the downside, Mustika Ratu Tbk (MRAT) dropped 14.81%, losing 100.00 points to end at 575.00. Pudjiadi Prestige Tbk (PUDP) fell 14.74%, shedding 115.00 points to close at 665.00, and Ulima Nitra PT (UNIQ) declined 14.69%, down 72.00 points to 418.00.
Overall market breadth was favorable, with 470 stocks advancing compared to 224 decliners on the Jakarta Stock Exchange, while 156 shares remained unchanged.
Notably, Bank Capital Indonesia Tbk (BACA) shares reached 3-year highs, while Asuransi Harta Aman Pratama Tbk PT (AHAP) touched 52-week peaks.
In related commodity markets, February crude oil futures increased 1.13%, or 0.64, to 57.38 per barrel. March Brent oil rose 1.01%, or 0.61, to 60.85 per barrel. Conversely, February gold futures dipped 1.19%, or 54.25, to 4,498.45 per troy ounce.
Currency movements showed USD/IDR up 0.31% at 16,785.20, and AUD/IDR edging higher by 0.08% to 11,256.86. The US Dollar Index Futures gained 0.02% to 97.72.
