Stock Markets February 3, 2026

Jakarta Stocks Close Higher as Financials, Infrastructure and Agriculture Lead Gains

IDX Composite rises 1.86% with broad market advance; major movers include LMPI, LRNA and HUMI

By Caleb Monroe
Jakarta Stocks Close Higher as Financials, Infrastructure and Agriculture Lead Gains

Indonesia's benchmark IDX Composite Index closed up 1.86% on Tuesday, supported by advances in the Financials, Infrastructure and Agriculture sectors. Market breadth favored gainers by a wide margin. Several individual stocks posted large intraday moves on both the upside and downside. Commodities and currency markets showed modest shifts, with crude and Brent oil slipping while April gold futures advanced sharply.

Key Points

  • IDX Composite Index rose 1.86% at the Jakarta close, with Financials, Infrastructure and Agriculture leading sector gains.
  • Top gainers included LMPI (+35.00%), LRNA (+34.04%) and HUMI (+29.61%); largest decliners included NSSS (-14.90%), MORA (-14.86%) and FILM (-14.81%).
  • Market breadth favored advancing stocks by 645 to 142, while commodities and FX showed mixed movements - crude and Brent oil slipped and April gold futures advanced sharply.

Indonesia's stock market ended Tuesday's session with a clear upward bias, as the IDX Composite Index finished the day higher by 1.86% in Jakarta trading. Gains were concentrated in the Financials, Infrastructure and Agriculture sectors, which collectively underpinned the broader advance.

The session produced sizable winner-and-loser moves among individual listings. Langgeng Makmur Industri Tbk (JK:LMPI) led the gainers, jumping 35.00% or 70.00 points to close at 270.00. Eka Sari Lorena Transport Tbk (JK:LRNA) climbed 34.04% or 64.00 points to end at 252.00, while Humpuss Maritim Internasional Tbk PT (JK:HUMI) rose 29.61% or 53.00 points to finish at 232.00.

On the downside, PT Nusantara Sawit Sejahtera Tbk (JK:NSSS) posted the heaviest fall among the session's decliners, slipping 14.90% or 190.00 points to close at 1,085.00. Mora Telematika Indonesia Tbk PT (JK:MORA) declined 14.86% or 1,475.00 points to end at 8,450.00, and MD Pictures Tbk PT (JK:FILM) was down 14.81% or 1,825.00 points to 10,500.00 at the close.

Market breadth in Jakarta favored advancing issues by a substantial margin: 645 stocks rose, 142 fell, and 72 finished unchanged on the day. That distribution reflects a broadly constructive session across the exchange, with multiple sectors registering positive movement.

Commodities exhibited mixed action during the trading period. Crude oil for March delivery was down 0.18% or 0.11 to trade at $62.03 a barrel. Brent oil for April delivery declined 0.30% or 0.20 to $66.10 a barrel. In contrast, the April Gold Futures contract showed a marked increase, rising 6.60% or 306.96 to trade at $4,959.56 a troy ounce.

Currency pairs related to the rupiah moved modestly. The USD/IDR rate edged down 0.01% to 16,752.90, while AUD/IDR strengthened 1.16% to 11,792.34. The US Dollar Index Futures eased 0.18% to 97.32.

Tuesday's session combined broad sector gains with pronounced individual stock swings and modest commodity and currency shifts. The advance in the benchmark index and the disparity between the largest percentage winners and losers highlight both positive momentum at the index level and continued idiosyncratic volatility among selected listings.

Risks

  • Significant single-stock volatility evident from large percentage moves among individual listings - impacts equity investors and sector concentration risk.
  • Fluctuations in commodity prices, including declines in crude and Brent and a sharp rise in April gold futures, create uncertainty for commodity-sensitive sectors.
  • Currency movements - modest shifts in USD/IDR and AUD/IDR - can affect exporters, importers and companies with FX exposure.

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