Indonesia's stock market finished in negative territory on Thursday, with the IDX Composite Index ending the day down 0.24% in Jakarta trading. Sector weakness in Agriculture, Basic Industry and Property was cited as a driver of the broader decline.
At the close, the session's biggest percentage gainers included Indo Oil Perkasa PT (JK:OILS), which surged 34.15% - an increase of 56.00 points - to finish at 220.00. Tempo Inti Media Tbk (JK:TMPO) climbed 34.04%, or 32.00 points, to close at 126.00, while Trimegah Karya Pratama Tbk PT (JK:UVCR) rose 33.58% - up 45.00 points - to 179.00 in late trade.
On the downside, Tripar Multivision Plus Tbk PT (JK:RAAM) was the session's largest loser, falling 15.00% or 36.00 points to end at 204.00. Perintis Triniti Properti PT (JK:TRIN) dropped 13.27%, a loss of 71.00 points, to finish at 464.00, and Hartadinata Abadi Tbk PT (JK:HRTA) declined 13.70% - down 285.00 points - to 1,795.00.
Market breadth was negative at the close. Decliners outnumbered advancers on the Jakarta Stock Exchange by 445 to 263, and 147 stocks finished unchanged.
Commodities saw mixed moves during the session. Crude oil for July delivery fell 0.59% - a decline of 0.53 - to settle at $89.50 a barrel. Brent crude for August delivery dropped 0.77%, or 0.72, to $92.38 a barrel. Precious metals posted a move lower as well, with the August Gold Futures contract down 0.37% - a fall of 15.35 - to trade at $4,117.95 a troy ounce.
Currency markets showed the Indonesian rupiah under some pressure versus the U.S. dollar, with USD/IDR rising 0.74% to 17,972.80. AUD/IDR edged up 0.09% to 12,579.71. The U.S. Dollar Index Futures was higher by 0.10%, trading at 100.04 at the time referenced.
The trading day combined pronounced moves in a subset of small-cap equities with modest adjustments in commodity and currency prices, culminating in a slight decline for the benchmark index.