Market Overview#
On Tuesday, Indonesia's stock market saw positive movement, with the Jakarta Stock Exchange Composite Index increasing by 1.20%. This rise was primarily fueled by strong performances in the Infrastructure, Agriculture, and Basic Industry sectors.
Notable Gainers#
Among the top performers, Rockfields Property Indonesia PT experienced a significant surge, rising by 24.82%, or 700 points, to close at 3,520.00. Other notable gainers included Era Mandiri Cemerlang Tbk PT, which increased by 23.75%, and Leyand International Tbk, up by 23.38%.
Biggest Losers#
Conversely, some stocks faced declines. Prasidha Aneka Niaga Tbk saw a drop of 14.97%, while Hotel Fitra International Tbk PT and Pool Advista Finance Tbk PT also reported losses of around 15% each.
Trading Activity#
Overall, advancing stocks outnumbered those that fell, with 475 stocks gaining, 248 declining, and 136 remaining unchanged on the Jakarta Stock Exchange. In the commodities market, crude oil prices rose significantly, with May delivery crude up 4.60% to $96.71 per barrel, and Brent oil increasing by 3.82% to $104.04 per barrel. Additionally, gold futures for April rose by 0.44% to $5,024.29 per troy ounce.
In currency trading, the US dollar strengthened slightly against the Indonesian rupiah, with the exchange rate reaching 16,978.20 IDR per USD.