Jakarta equities ended higher on Tuesday as sector gains in Infrastructure, Financials and Agriculture pushed the benchmark up. At the close, the IDX Composite Index had climbed 0.91%.
The session featured sharp moves in individual stocks. The top performer was Morenzo Abadi Perkasa Tbk Pt (ENZO), which surged 34.72% - a rise of 25.00 points - to finish at 97.00. Citatah Tbk (CTTH) advanced 27.59% or 40.00 points to close at 185.00, while Asuransi Bina Dana Arta Tbk (ABDA) gained 24.92% or 760.00 points to end the day at 3,810.00.
Not all names were higher. Yanaprima Hastapersada Tbk (YPAS) declined 14.85% or 225.00 points to close at 1,290.00. DFI Retail Nusantara Tbk Pt (HERO) fell 14.41% or 85.00 points to 505.00, and Vale Indonesia Tbk (INCO) lost 13.09% or 900.00 points to finish at 5,975.00.
Market breadth at the Jakarta Stock Exchange was mixed but tilted toward declines: falling stocks outnumbered advancing issues by 352 to 339, while 165 stocks finished unchanged.
Commodities moved notably during the session. Crude oil for June delivery dropped 2.36% or 2.51 to trade at $103.91 a barrel. Brent oil for July delivery slipped 1.24% or 1.42 to $113.02 a barrel. Precious metals were firmer, with the June Gold Futures contract rising 0.60% or 27.30 to $4,560.60 a troy ounce.
Currency markets showed local moves: the USD/IDR exchange rate was up 0.38% at 17,417.70, while AUD/IDR rose 0.20% to 12,470.88.
On broader currency benchmarks, US Dollar Index Futures were up 0.04% at 98.30.
Market context and observation
The trading day combined sector-led strength with pronounced single-stock volatility. Infrastructure, Financials and Agriculture were identified as the sectors leading the advance in the benchmark, while several individual names produced outsized percentage moves in both directions.
Intraday scoreboard highlights
- IDX Composite: +0.91% at close.
- Top gainers: ENZO +34.72% (97.00), CTTH +27.59% (185.00), ABDA +24.92% (3,810.00).
- Largest decliners: YPAS -14.85% (1,290.00), HERO -14.41% (505.00), INCO -13.09% (5,975.00).
- Market breadth: 352 decliners, 339 advancers, 165 unchanged.
- Commodities: Crude (June) $103.91, Brent (July) $113.02, Gold (June) $4,560.60/oz.
- FX: USD/IDR 17,417.70; AUD/IDR 12,470.88. US Dollar Index Futures 98.30.
These elements combined to produce a trading session in which the headline index advanced modestly even as the number of decliners exceeded advancers and commodities and foreign-exchange rates moved noticeably during the day.