JCI Opens Higher, Lifted by Global Market Gains
Jakarta. Jakarta Composite Index (JCI) opened higher on Thursday, gaining 21.67 points or 0.27 percent to 8,187. The benchmark index moved in the range of 8,181–8,204 in early trade.
According to RTI data, around 1.6 billion shares worth Rp 1.16 trillion ($70 million) changed hands in 108,939 transactions. A total of 322 stocks advanced, 95 declined, and 189 remained unchanged.
Five stocks led the top gainers list early in the session, with two hitting the upper trading limit or auto rejection atas (ARA). Shares of Multi Garam Utama (FOLK) jumped 34.19 percent to Rp 208, while Telefast Indonesia (TFAS) surged 24.52 percent to Rp 386.
Other notable gainers included Wahana Interfood Nusantara (COCO), which climbed 20.69 percent to Rp 280, Pelangi Indah Canindo (PICO), rising 16.85 percent to Rp 416, and Mora Telematika Indonesia (MORA), up 16.24 percent to Rp 680.
From global markets, Wall Street resumed its rally on Wednesday, supported by optimism around artificial intelligence and expectations of interest rate cuts.
The S&P 500 rose 0.6 percent to a fresh record high of 6,753.72, while the Nasdaq Composite added 1.1 percent to 23,043.38. The Dow Jones Industrial Average edged down slightly by 1 point to 46,601.78.
In Asia, Japan’s Nikkei opened higher by 0.62 percent to 48,035, and Shanghai’s SSE rose 0.41 percent to 3,898. Hong Kong’s Hang Seng slipped 0.12 percent to 26,862, while Seoul’s KOSPI remained closed for the Chuseok holiday.
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