Stocks on the Jakarta exchange ended Tuesday with a notable rally, led by strength in the Infrastructure, Financials and Agriculture sectors. At the close in Jakarta the IDX Composite Index recorded a 5.97% increase.
Several individual securities produced outsized moves. Multitrend Indo Tbk PT (JK:BABY) finished the session up 34.62%, gaining 36.00 points to close at 140.00. Asuransi Harta Aman Pratama Tbk PT (JK:AHAP) rose 34.48%, an increase of 20.00 points to end the day at 78.00. Citatah Tbk (JK:CTTH) also saw a strong advance, adding 31.25% or 30.00 points to reach 126.00 at the close.
Not all names participated in the rally. PT Ingria Pratama Capitalindo Tbk (JK:GRIA) was the session's weakest performer, slipping 14.88% or 25.00 points to trade at 143.00 at the close. Citra Tubindo Tbk (JK:CTBN) fell 14.77%, a decline of 1,100.00 points to finish at 6,350.00. Dua Putra Utama Makmur PT (JK:DPUM) declined 14.67%, down 22.00 points to end at 128.00.
Market breadth was strongly positive, with 659 stocks advancing against 127 decliners, and 69 names left unchanged.
Commodities markets moved lower alongside the rally in Jakarta equity prices. Crude oil for July delivery fell 2.30% or 2.10 to $89.20 a barrel. Brent oil for August delivery dropped 1.82% or 1.72 to $92.53 a barrel. Precious metals were also down, with the August Gold Futures contract slipping 0.11% or 4.95 to trade at $4,358.45 a troy ounce.
On the currency front, USD/IDR was down 0.65% at 18,028.30. AUD/IDR declined 0.55% to 12,730.58. The US Dollar Index Futures eased 0.13% to 99.90.
The session highlighted pronounced volatility among smaller-cap listings, with several names posting triple-digit-percentage swings in local points. Volume and participation favored advancing issues, contributing to the broad-based lift in the benchmark at the close.