Indonesia's stock market finished lower on Monday, with the IDX Composite Index down 0.77% at the close in Jakarta as losses in the Financials, Infrastructure and Agriculture sectors weighed on investor sentiment.
Among the top gainers on the index, Megapolitan Developments Tbk (JK:EMDE) led advances, rising 28.07% - a 16.00 point increase - to close at 73.00. Mega Perintis Tbk PT (JK:ZONE) added 24.77% or 135.00 points to finish at 680.00, while Kioson Komersial Indonesia Tbk PT (JK:KIOS) rose 21.84% or 19.00 points to end the session at 106.00.
On the downside, Bank Ina Perdana Tbk (JK:BINA) was the weakest performer, sliding 12.50% - a drop of 450.00 points - to trade at 3,150.00 at the close. Minahasa Membangun Hebat Tbk PT (JK:HBAT) fell 10.00% or 42.00 points to finish at 378.00, and Lima Dua Lima Tiga PT (JK:LUCY) declined 9.97% or 150.00 points to end at 1,355.00.
Market breadth on the Jakarta Stock Exchange showed a preponderance of losers, with 485 stocks declining versus 218 advancing; 152 issues finished unchanged.
Commodity markets were mixed during the session. Crude oil for August delivery eased 0.57% - a decline of 0.43 - to $75.42 a barrel. Brent oil for September delivery fell 1.54% or 1.23 to $78.82 a barrel. Precious metals moved higher, with the August Gold Futures contract climbing 0.85% - an increase of 35.60 - to trade at $4,208.50 a troy ounce.
Currency moves alongside equities registered modest shifts. The USD/IDR exchange rate rose 0.40% to 17,845.90, while AUD/IDR gained 0.09% to 12,472.98. The US Dollar Index Futures was up 0.14% at 100.76.
For investors monitoring specific names, a valuation check on Bank Ina Perdana Tbk (BINA) may be of interest. One tool available is a Fair Value calculator that uses a mix of 17 industry valuation models to produce an aggregated estimate. That resource can be used to compare BINA and other stocks against implied valuations.
Market context note - The session's largest percentage moves came from a handful of securities, both on the upside and downside. The advance-decline ratio and the list of individual movers highlight dispersion across sectors, with particular pressure recorded in Financials, Infrastructure and Agriculture during this trading day.