The Jakarta Composite Index (IHSG) concluded this week’s trading session on Friday, December 5th, with a slight dip, closing down 0.09% at 8,632. This modest decline followed an impressive earlier session where the index momentarily touched a new record high of 8,655, before paring some of its gains by the closing bell.
Delving deeper into the market’s performance, data from the Indonesia Stock Exchange (IDX) revealed robust trading activity. The total transaction value for the day reached Rp 20.37 trillion, with a substantial volume of 48.06 billion shares traded across 2.55 million transactions. While 362 stocks managed to strengthen, 293 saw corrections, and 146 remained unchanged, reflecting a mixed sentiment among investors. By the end of the day, the IHSG’s market capitalization stood impressively at Rp 15,873 trillion.
Amidst the fluctuating market, six out of the eleven sectors listed on the IDX recorded gains. The transportation sector emerged as the strongest performer, registering a significant increase of 2.74%. A notable contributor to this rise was PT Trimitra Trans Persada Tbk (BLOG), whose shares climbed 2.79% to close at Rp 442.
Looking beyond domestic shores, other major Asian stock markets presented a varied picture. Japan’s Nikkei index experienced a notable decline of 1.05%, and Singapore’s Straits Times index saw a slight correction of 0.08%. In contrast, mainland China’s Shanghai Composite edged up 0.09%, while Hong Kong’s Hang Seng index posted a stronger gain of 0.58%.
Top Gainers:
- PT Sanurhasta Mitra Tbk (MINA) surged 14.55% to Rp 488
- PT Elang Mahkota Teknologi Tbk (EMTK) climbed 4.26% to Rp 1,345
- PT Petrosea Tbk (PTRO) rose 3.61% to Rp 10,750
Top Losers:
- PT Dian Swastika Sentosa Tbk (DSSA) plummeted 10.36% to Rp 102,075
- PT Lotte Chemical Titan Tbk (FPNI) fell 8.70% to Rp 1,575
- PT Timah Tbk (TINS) declined 3.63% to Rp 3,190
Summary
The Jakarta Composite Index (IHSG) concluded trading on Friday, December 5th, with a slight dip of 0.09%, closing at 8,632, despite briefly touching a new record high of 8,655. The Indonesia Stock Exchange (IDX) recorded robust activity with a total transaction value of Rp 20.37 trillion and a market capitalization of Rp 15,873 trillion. While 362 stocks strengthened, 293 experienced corrections, indicating mixed investor sentiment.
Six out of eleven sectors on the IDX posted gains, led by the transportation sector which rose by 2.74%. Notably, PT Sanurhasta Mitra Tbk (MINA) surged by 14.55%, PT Elang Mahkota Teknologi Tbk (EMTK) climbed 4.26%, and PT Petrosea Tbk (PTRO) increased by 3.61% as top performers. Meanwhile, other major Asian markets showed a varied performance, with Japan’s Nikkei declining while Hong Kong’s Hang Seng index recorded gains.
