Indonesia's equity market closed higher on Thursday, with the IDX Composite Index ending the day up 1.20% in Jakarta trading. Gains were concentrated in the Financials, Infrastructure and Agriculture sectors, which helped push the benchmark higher.
Top and bottom movers
The session's strongest performer was Global Sukses Digital Tbk PT (JK:DOSS), which climbed 34.33% or 46.00 points to finish at 180.00. Ever Shine Textile Industry (JK:ESTI) followed, rising 31.50% or 40.00 points to close at 167.00. Fast Food Indonesia Tbk (JK:FAST) also recorded a substantial advance, up 25.00% or 68.00 points to end the day at 340.00.
At the other end of the market, M Cash Integrasi Tbk PT (JK:MCAS) fell 10.14% or 28.00 points to close at 248.00. Ifishdeco PT (JK:IFSH) declined 7.63% or 90.00 points to finish at 1,090.00, and Falmaco Nonwoven Industri PT Tbk (JK:FLMC) was down 7.50% or 6.00 points to 74.00.
Breadth and market internals
Advancers outnumbered decliners on the Jakarta Stock Exchange, with 472 stocks rising against 205 that fell. An additional 152 issues ended the session unchanged.
Commodities and currencies
In commodities trading, crude oil for September delivery gained 0.64% or 0.54 to trade at $85.00 a barrel. Brent crude for October delivery was up 0.44% or 0.39, reaching $88.48 a barrel. The August Gold Futures contract rose 0.64% or 25.80 to trade at $4,062.10 a troy ounce.
On the currency front, USD/IDR moved higher by 0.42% to 18,101.50, while AUD/IDR increased 0.31% to 12,587.30.
The US Dollar Index Futures was up 0.04% at 100.77 as the local session closed.
Context for readers
The day's market action combined broad sector strength with pronounced moves among specific small- and mid-cap names. While the benchmark posted a solid advance, the session included both steep rallies and sharp declines among individual issues, and parallel moves in commodities and currency rates.