Indonesia's equity market finished modestly lower on Monday, with the IDX Composite Index down 0.07% at the close in Jakarta. Losses in the Financials, Infrastructure and Agriculture sectors were the main contributors to the downward pressure.
Top performers
- Mitra Pedagang Indonesia PT Tbk (JK:MPIX) led gains, jumping 34.21% or 26.00 points to finish at 102.00.
- Pelayaran Nasional Bina Buana Raya (JK:BBRM) climbed 31.91% or 60.00 points to close at 248.00.
- Alakasa Industrindo Tbk (JK:ALKA) advanced 24.75% or 125.00 points to end the session at 630.00.
Largest decliners
- Makmur Berkah Amanda Pt (JK:AMAN) fell 15.00% or 48.00 points to close at 272.00.
- Jasuindo Tiga Perkasa Tbk (JK:JTPE) slipped 14.97% or 110.00 points to 625.00 at the end of trading.
- Pudjiadi Prestige Tbk (JK:PUDP) dropped 14.87% or 87.00 points to close at 498.00.
On the Jakarta Stock Exchange, declining issues outnumbered advancing ones 449 to 278, while 115 stocks finished unchanged.
Two names reached 52-week highs during the session: Mitra Pedagang Indonesia PT Tbk (JK:MPIX), which rose to 102.00, and Alakasa Industrindo Tbk (JK:ALKA), which closed at 630.00.
Commodities and currencies
Crude oil for March delivery eased 0.13% or 0.08 to trade at $60.99 a barrel. Brent oil for April delivery fell 0.12% or 0.08 to $64.99 a barrel. In metals, the April Gold Futures contract increased 2.29% or 115.14 to $5,132.14 a troy ounce.
In currency markets, USD/IDR moved down 0.18% to 16,765.80, while AUD/IDR rose 0.17% to 11,601.59. The US Dollar Index Futures was lower by 0.41% at 97.00.
Market context and note on portfolio strategies
Smaller-cap rallies in individual names contrasted with broader sector weakness, leaving the headline index with only a marginal decline. For investors evaluating trading ideas, the market displayed both significant single-stock volatility and pockets of sector-specific pressure.
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