Indonesia's benchmark stock gauge finished the trading day higher on Thursday, with the IDX Composite Index adding 2.51% at the close in Jakarta. Sector strength in Infrastructure, Financials and Agriculture underpinned the advance, and market breadth was decisively positive.
Among individual equities, First Media Tbk (JK:KBLV) was the session's top performer, jumping 33.33% - a rise of 28.00 points - to finish at 112.00. Ristia Bintang Mahkotasejati (JK:RBMS) followed, climbing 26.42% or 14.00 points to close at 67.00. Yupi Indo Jelly Gum PT Tbk (JK:YUPI) also posted a strong gain, rising 24.81% - up 325.00 points - to end the day at 1,635.00.
On the downside, three issues registered the largest declines of the session. Modern Internasional Tbk (JK:MDRN) fell 10.00%, a drop of 3.00 points, to 27.00 at the close. Wilton Makmur Indonesia Tbk (JK:SQMI) declined by the same 10.00% margin, losing 4.00 points to end at 36.00. Fortune Indonesia Tbk (JK:FORU) was down 10.00% as well, slipping 340.00 points to finish at 3,060.00.
Advancers outnumbered decliners on the Jakarta Stock Exchange by 554 to 169, while 132 stocks finished unchanged. Notably, shares of Wilton Makmur Indonesia Tbk (JK:SQMI) moved to a 52-week low during the session, ending 10.00% lower at 36.00.
Commodities trading showed softer oil prices. Crude oil for August delivery declined 1.17% or 0.82 to settle at $69.52 a barrel. Brent oil for September delivery slipped 1.19% or 0.88 to $72.99 a barrel. Precious metals were largely flat, with the August Gold Futures contract edging up 0.03% or 1.35 to trade at $4,010.15 a troy ounce.
Foreign exchange movements were muted. The USD/IDR pair was effectively unchanged, quoted at 17,934.60, while AUD/IDR rose 0.06% to 12,373.77. In broader dollar measures, the US Dollar Index Futures was reported down 0.13% at 101.26.
The day's trading featured a mix of strong percentage rallies among select midcaps and pronounced single-stock declines capped at the session limit. Market participants saw sector-led buying that translated into a solid gain for the IDX Composite, while commodity markets recorded modest weakness in oil and a slight uptick in gold futures.