Market Overview#
Indonesia's stock market experienced a downturn on Monday, with the Jakarta Stock Exchange Composite Index falling by 0.73%. This decline was largely influenced by losses in the Financials, Infrastructure, and Agriculture sectors.
Notable Gainers and Losers#
Despite the overall decline, some stocks saw significant gains. Danasupra Erapacific Tbk (JK:DEFI) led the way, rising by 34.97%, or 57 points, to close at 220.00. Other notable gainers included LCK Global Kedaton (JK:LCKM), which increased by 34.88%, and Intermedia Capital Tbk (JK:MDIA), up 33.71%.
On the flip side, the biggest losers included Multipolar Technology Tbk (JK:MLPT), which dropped 15.00%, or 4,350 points, to close at 24,650.00. Transcoal Pacific Tbk PT (JK:TCPI) fell by 12.94%, and Jaya Sukses Makmur Sentosa Tbk PT (JK:RISE) decreased by 11.76%.
Market Statistics#
Overall, declining stocks outnumbered those that rose, with 487 stocks declining compared to 243 that increased, while 131 stocks remained unchanged on the Jakarta Stock Exchange.
Commodities Update#
In commodities trading, crude oil prices saw an increase, with June delivery rising by 6.78% to $88.19 per barrel. Brent oil also rose by 5.93%, reaching $95.74 per barrel. However, June Gold Futures fell by 1.45%, trading at $4,808.89 per troy ounce.
In currency markets, the Indonesian Rupiah (IDR) saw slight declines against the US Dollar (USD), with USD/IDR down 0.17% to 17,151.20 and AUD/IDR down 0.30% to 12,274.84. The US Dollar Index Futures increased by 0.22%, reaching 98.11.