Jakarta. As the year 2023 comes to a close, the Indonesian stock market witnessed remarkable performances from various listed companies. According to RTI data, here are the top 10 gainers, with some surging as much as 415 percent.

Leading the pack is Pantai Indah Kapuk Dua, which recorded the highest percentage gain throughout 2023, soaring an impressive 415.7 percent. As of Friday, Pantai Indah shares closed at Rp 4,900. Remarkably, this marks a significant jump from the opening trade price on the first day of the year, which stood at Rp 955.

Following closely is Ulima Nitra, which skyrocketed by 266.1 percent in 2023, closing at Rp 216. Meanwhile, Sumber Global Energy closed at Rp 1,935, marking a substantial increase of 216.3 percent. Another notable performer is Darmi Bersaudara, witnessing a 142% surge to close at Rp 121 on the final trading day of 2023.

Other stocks that secured impressive gains include Map Aktif Adiperkasa, climbing by 112.9 percent to close at Rp 820; MD Pictures surging by 107.3 percent, ending at Rp 3,960; Chandra Asri Petrochemical increasing by 104.2 percent, closing at Rp 5,250.

Further in the list, Nusantara Infrastructure experienced a 96.6 percent increase, closing at Rp 238; Gajah Tunggal rose by 84.8 percent, closing at Rp 1,035; and Barito Pacific achieved a 76.1 percent gain, closing at Rp 1,330.

The composite share price index of the Indonesia Stock Exchange (IDX) posted a robust growth of 6.1 percent, reaching 7,272 throughout 2023, surpassing the 4 percent increase recorded in 2022. On the final trading day of the year, IDX experienced a slight contraction of 0.43 percent.

The performance of the IDX this year outpaced global indices, including the UK's FTSE 100, the Philippine Stock Exchange Composite Index (PSEi), the Shanghai Composite Index, Hong Kong's Hang Seng Index, and Thailand's SET.

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