Indonesia stocks higher at close of trade; IDX Composite Index up 0.88%

Published 01/22/2025, 03:30 AM
Updated 01/22/2025, 03:35 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.88%
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Investing.com – Indonesia stocks were higher after the close on Wednesday, as gains in the Infrastructure, Financials and Agriculture sectors led shares higher.

At the close in Jakarta, the IDX Composite Index added 0.88% to hit a new 1-month high.

The best performers of the session on the IDX Composite Index were Satyamitra Kemas Lestari Tbk PT (JK:SMKL), which rose 34.88% or 60.00 points to trade at 232.00 at the close. Meanwhile, Mulia Boga Raya PT (JK:KEJU) added 25.00% or 185.00 points to end at 925.00 and Link Net Tbk (JK:LINK) was up 24.92% or 370.00 points to 1,855.00 in late trade.

The worst performers of the session were Jembo Cable Company Tbk (JK:JECC), which fell 13.33% or 100.00 points to trade at 650.00 at the close. Trust Finance Indonesia Tbk (JK:TRUS) declined 14.37% or 125.00 points to end at 745.00 and Capitalinc Investment Tbk (JK:MTFN) was down 12.50% or 1.00 points to 7.00.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 359 to 261 and 228 ended unchanged.

Shares in Satyamitra Kemas Lestari Tbk PT (JK:SMKL) rose to 52-week highs; rising 34.88% or 60.00 to 232.00.

Crude oil for March delivery was down 0.25% or 0.19 to $75.64 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.15% or 0.12 to hit $79.17 a barrel, while the February Gold Futures contract rose 0.25% or 6.94 to trade at $2,766.14 a troy ounce.

USD/IDR was down 0.20% to 16,275.10, while AUD/IDR fell 0.57% to 10,173.40.

The US Dollar Index Futures was up 0.02% at 107.89.

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