Indonesia equities closed in positive territory on Monday, with the IDX Composite Index gaining 0.57% at the Jakarta close. Sector strength in Infrastructure, Financials and Agriculture underpinned the session's upward move.
Top performers
- Bukit Darmo Property Tbk (JK:BKDP) led gains, climbing 34.95% - a rise of 36.00 points - to finish at 139.00. The stock reached a 5-year high during the session.
- Trimitra Propertindo Tbk PT (JK:LAND) advanced 28.57%, adding 18.00 points to close at 81.00.
- PT VKTR Teknologi Mobilitas (JK:VKTR) rose 25.00%, up 130.00 points to end the day at 650.00.
Largest decliners
- Niramas Utama Tbk PT (JK:JELI) fell 14.72%, a drop of 220.00 points, to settle at 1,275.00.
- Ristia Bintang Mahkotasejati (JK:RBMS) declined 10.61%, down 7.00 points to 59.00 at the close.
- Singaraja Putra (JK:SINI) slipped 9.81%, losing 775.00 points to finish at 7,125.00.
Market breadth and notable moves
On the Jakarta Stock Exchange, decliners outnumbered advancers, with 338 stocks down versus 280 advancing, and 216 unchanged. The session highlighted substantial volatility among small-cap names, with outsized percentage moves on both the upside and downside.
Commodities and currency
Commodity contracts moved meaningfully during the session. Crude oil for August delivery rose 2.67%, gaining 1.91 to trade at $73.32 per barrel. Brent oil for September delivery increased 2.83%, or 2.15, to $78.16 a barrel. By contrast, the August Gold Futures contract declined 0.81%, a fall of 33.45, to $4,080.25 per troy ounce.
On the FX front, the USD/IDR exchange rate was higher by 0.40% at 18,108.00, while AUD/IDR moved up 0.22% to 12,568.50.
Dollar index
The US Dollar Index Futures was quoted down 0.10% at 100.65 during the reported time.
This session's price action featured strong gains in select property and mobility-related equities alongside steep declines in other small-cap listings, with broader market gains concentrated in Infrastructure, Financials and Agriculture.