Market Overview#
Indonesia's stock market showed positive movement at the close of trading on Wednesday, with the Jakarta Stock Exchange Composite Index increasing by 0.17%. This rise was largely supported by gains in the Financials, Infrastructure, and Agriculture sectors.
Notable Gainers#
Among the top performers on the Jakarta Stock Exchange, Inocycle Technology Tbk PT saw a remarkable increase of 34.68%, adding 43 points to close at 167.00. Other significant gainers included Rohartindo Nusantara Luas Tbk PT, which rose by 32.86% or 23 points to finish at 93.00, and Island Concepts Indonesia Tbk, up 30.48% or 32 points to close at 137.00.
Biggest Losers#
On the downside, Sentral Mitra Informatika Tbk PT experienced a decline of 14.89%, losing 21 points to trade at 120.00. Langgeng Makmur Industri Tbk followed closely with a drop of 14.85%, ending at 172.00, while Krida Jaringan Nusantara Tbk PT fell by 14.02%, closing at 141.00.
Market Statistics#
Overall, advancing stocks outnumbered those that fell, with 381 stocks gaining and 328 declining, while 148 remained unchanged on the exchange. In commodities, crude oil prices rose, with June delivery up 3.06% to $102.99 per barrel, and Brent oil for July delivery increasing by 2.77% to $107.29. Gold futures for June, however, fell by 0.63% to $4,579.20 per troy ounce. Additionally, the Indonesian Rupiah weakened slightly against the US Dollar, with the exchange rate at 17,273.10 IDR per USD.