Stock Markets February 4, 2026

Jakarta Stocks Tick Higher as Financials, Agriculture and Basic Industry Advance

IDX Composite closes up 0.04% as select small-caps post sharp gains while several stocks record double-digit declines

By Leila Farooq BIPI
Jakarta Stocks Tick Higher as Financials, Agriculture and Basic Industry Advance
BIPI

Indonesia's benchmark IDX Composite closed slightly higher, advancing 0.04% at the Jakarta close as the Financials, Agriculture and Basic Industry sectors provided upward momentum. Market breadth favored declines, with more stocks falling than rising. Several small-cap names recorded steep intraday moves in both directions. Key commodity and currency indicators moved modestly during the session.

Key Points

  • IDX Composite Index closed up 0.04% at the Jakarta close, led by gains in Financials, Agriculture and Basic Industry.
  • Top winners included MBTO (+34.51%), NASI (+28.77%) and FITT (+24.42%); largest decliners included FILM (-15.00%), BIPI (-15.00%) and SSTM (-14.91%).
  • Market breadth showed 440 decliners, 284 advancers and 131 unchanged; Wahana Inti Makmur (NASI) hit a 52-week high.

Indonesia shares finished the trading day in positive territory on Wednesday, with the IDX Composite lifting 0.04% at the close in Jakarta. The session was characterized by gains in the Financials, Agriculture and Basic Industry sectors.

The session's strongest performers on the IDX Composite were Martina Berto Tbk (JK:MBTO), which surged 34.51% or 49.00 points to close at 191.00, Wahana Inti Makmur Tbk PT (JK:NASI), which climbed 28.77% or 42.00 points to end at 188.00, and Hotel Fitra International Tbk PT (JK:FITT), which rose 24.42% or 105.00 points to finish at 535.00.

On the downside, MD Pictures Tbk PT (JK:FILM) dropped 15.00% or 1,575.00 points to close at 8,925.00, Astrindo Nusantara Infrastruktur Tbk PT (JK:BIPI) fell 15.00% or 24.00 points to end at 136.00, and Sunson Textile Manufacturer (JK:SSTM) declined 14.91% or 325.00 points to finish at 1,855.00.

Overall market breadth on the Jakarta Stock Exchange showed more declines than advances: 440 stocks fell, 284 advanced and 131 remained unchanged.

Notably, shares of Wahana Inti Makmur Tbk PT (JK:NASI) reached a 52-week high during the session, rising 28.77% or 42.00 points to close at 188.00.


In commodities trading, crude oil for March delivery rose 0.51% or 0.32 to $63.53 a barrel. Brent oil for April delivery increased 0.36% or 0.24 to $67.57 a barrel. The April Gold Futures contract moved higher by 3.48% or 171.71 to trade at $5,106.71 a troy ounce.

Currency moves included the USD/IDR, which was up 0.11% at 16,763.30, and the AUD/IDR, which rose 0.28% to 11,798.54. The US Dollar Index Futures was down 0.07% at 97.23.


Summary of notable equity moves and market indicators is limited to the figures and movements reported above. The session combined selective intraday rallies among certain small- and mid-cap names with broader selling across a larger number of listed issues.

Risks

  • Market breadth favored decliners with 440 stocks falling versus 284 advancing, indicating uneven market participation - this affects sectors across the exchange.
  • Several individual stocks experienced steep one-day losses up to 15.00%, highlighting heightened volatility among specific small- and mid-cap listings.
  • Commodity and currency movements such as changes in crude oil, Brent, gold and USD/IDR rates could influence sector performance, particularly energy, materials and exporters/importers.

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