Oct 14 2024: Indonesia’s stock market ended Monday on a positive note, with the IDX Composite Index rising by 0.52%, driven by strong performances in the Financials, Agriculture, and Basic Industry sectors
At the close of trading in Jakarta, the IDX Composite Index saw a 0.52% increase.
Among the top performers were Pt Pakuan Tbk (JK), which surged by an impressive 516%, gaining 645 points to close at 770.00. Jaya Sukses Makmur Sentosa Tbk PT (JK) followed closely with a 507.36% jump, adding 827 points to reach 990.00. Bank Sinarmas Tbk (JK) also saw significant growth, climbing 436.67% or 655 points to end at 805.00.
On the downside, Matahari Putra Prima Tbk (JK) dropped 1.92%, losing 1 point to close at 51.00. Mitra International Resources (JK) plummeted 99.23%, falling by 1,166 points to 9.00, while Modernland Realty Ltd Tbk (JK) declined by 98.90%, shedding 4,599 points to finish at 51.00.
Overall, declining stocks outnumbered advancers on the Jakarta Stock Exchange, with 351 stocks falling, 312 advancing, and 176 remaining unchanged.
In the commodities market, crude oil for November delivery dropped by 1.64% or $1.24 to settle at $74.32 per barrel. Brent oil for December delivery also declined by 1.61% or $1.27, closing at $77.77 per barrel. Meanwhile, December Gold Futures inched up by 0.02% or $0.45, trading at $2,676.75 per troy ounce.
On the currency front, USD/IDR rose by 0.08% to 15,582.35, while AUD/IDR slipped by 0.28% to 10,480.95. The US Dollar Index Futures also advanced 0.13%, reaching 102.81.