JCI Closes Up 1.19% with Regional Markets Mostly Closed
Jakarta. Jakarta Composite Index (JCI) closed in positive territory on Wednesday, rising 97 points, or 1.19%, to 8,310 after trading within a range of 8,227–8,310.
Trading activity remained solid, with volume reaching 51.77 billion shares and turnover totaling Rp 23.54 trillion ($1.39 billion) across more than 3.18 million transactions. Advancers outnumbered decliners, with 454 stocks rising, 216 falling, and 145 unchanged.
On the gainers board, Astrindo Nusantara Infrastruktur (BIPI) jumped 34.52%, Cipta Perdana Lancar (PART) surged 34.33%, while Trimitra Prawara Goldland (ATAP) and Multi Garam Utama (FOLK) each climbed 25%.
Meanwhile, Hillcon (HILL) dropped 15%, followed by MNC Tourism Indonesia (KPIG) down 14.74%, Link Net (LINK) falling 14.70%, and Tirta Mahakam Resources (TIRT) losing 10%.
Pilarmas Investindo Sekuritas said the JCI moved in line with stronger Asian equities during the Lunar New Year holiday period, supported by easing tensions between the United States and Iran as well as progress in Russia–Ukraine peace negotiations.
According to Pilarmas, signs of understanding between Washington and Tehran could reduce geopolitical risk premiums. Iran’s Foreign Minister Abbas Araqchi indicated both sides had reached preliminary common ground, with further talks expected in Geneva within two weeks under a new proposal.
“The market is also monitoring US-mediated Ukraine–Russia negotiations in Geneva, where President Donald Trump is urging Kyiv to reach an agreement to end the four-year conflict,” Pilarmas wrote in its Wednesday research note.
From Japan, Pilarmas highlighted strong export growth, with shipments rising 16.8% year on year in January — the fastest expansion in nearly four years — driven by demand from Asia and Western Europe.
Domestically, investors are awaiting the outcome of a key bilateral meeting between Indonesia and the United States, where both presidents are scheduled to discuss relations and strategic economic cooperation, including potential trade agreements. Pilarmas said the talks are expected to help ease tariff tensions and strengthen Indonesia’s position in the U.S. market.
Across the region, Asian shares were broadly higher on Wednesday. Japan’s Nikkei 225 gained 1.2% to 57,249.43 by midday, led by technology stocks such as Tokyo Electron, which rose 3.5%, while several regional markets remained closed for Lunar New Year holidays.
Tags: Keywords:Related Articles
Indonesian Stocks Gain at Open as Oil Prices Raise Profit-Taking Risks
Indonesian stocks opened higher before turning volatile as investors weighed rising oil prices, reserves and global market weakness.Stocks Climb 1% as Indonesia’s Reserves, Airport Operations Recover
Indonesian stocks rose 1% as stronger foreign reserves and airport reopenings lifted domestic market sentiment.Indonesian Stocks Rise as Budget Pressure, LPG Cuts Loom
JCI rises 0.3% as investors weigh higher reserves against tighter fiscal space and a lower 2027 energy subsidy budget.Indonesia Stocks Close Lower as Middle East Risks Offset FX Reserves
Indonesian stocks fell 0.25% as Middle East tensions and strong US jobs data weighed on sentiment despite robust foreign reserves.Indonesian Stocks Swing After Higher Open as Fed,Geopolitical Risks Loom
Indonesian stocks opened 0.24% higher but turned volatile as investors weighed Fed rate bets, US-Iran tensions and global trade risks.JCI Falls 0.47% as Weekend Profit-Taking Hits Indonesian Stocks
The JCI fell 0.47% to 6,636 on Friday as weekend profit-taking outweighed optimism over planned efficiency in the MBG budget.Gold ETFs Open New Investment Options on Indonesia Stock Exchange
Gold ETFs offer Indonesian investors a new way to gain exposure to gold prices without buying or storing physical gold.Indonesian Stocks Rise as Fed Bets and MBG Savings Lift Sentiment
Indonesian stocks opened higher Friday as Wall Street gains and expectations of MBG budget savings boosted investor sentiment.Indonesian Stocks Rally as Destry’s BI Appointment Boosts Confidence
Indonesia’s JCI jumped 1.09% on Thursday as confidence in BI’s leadership transition and improving global sentiment lifted stocks.Jakarta Stocks Open Higher as Regional Markets Gain, Bond Yields Keep Investors Cautious
Jakarta stocks opened 0.55% higher on Thursday as regional gains lifted sentiment despite concerns over rising global bond yields.The Latest
SAR Team Expands Search for Missing Journalists Near Anak Krakatau
Indonesian rescuers have expanded the sea search for eight people, including five journalists, missing near Mount Anak Krakatau.Indonesian Stocks Gain at Open as Oil Prices Raise Profit-Taking Risks
Indonesian stocks opened higher before turning volatile as investors weighed rising oil prices, reserves and global market weakness.Court Hears of $5,000 Fee for Expedited Hajj Slots in 2023
A former Religious Affairs Ministry staffer testified that 181 pilgrims paid $5,000 each for expedited hajj departures in 2023.Five Journalists Reported Missing While Covering Anak Krakatau Eruption
Five journalists and two boat crew members are missing after losing contact while covering the Anak Krakatau eruption off Banten.Trump Tariffs Cripple EU Firms’ Confidence in ASEAN
As many as 81% of the surveyed European businesses admit that the US tariffs had weakened their confidence in ASEAN.Most Popular
