Indonesia's IHSG Index Strengthens Despite Weak Asian Markets (Friday, March 7, 2025)
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The Jakarta Composite Index (IHSG) rose 0.27% to close at 6,636 on Friday (March 7, 2025).
This index movement contrasts with the weakening Asian regional markets. This afternoon, the Nikkei index fell 2.17% to 36,887.17; the Hang Seng index fell 0.57% to 24,231.30; the Shanghai index fell 0.25% to 3,372.55; and the Straits Times index fell 0.07% to 3,914.48.
Based on the IDX-IC Sectoral Index, seven stock sectors strengthened today. The technology sector led with a gain of 5.14%, followed by the basic materials and property sectors, which rose 2.21% and 0.97%, respectively.
Meanwhile, four other stock sectors experienced corrections. The transportation sector fell the most, at 0.76%, followed by the health and industrial sectors, which fell 0.64% and 0.43%, respectively.
According to RTI Business data, the frequency of domestic stock trades today reached 972,250 transactions.
A total of 21.11 billion shares changed hands, with a total transaction value of Rp 10.39 trillion.
319 stocks closed higher today, 242 stocks weakened, and 233 stocks were stagnant.
Today's top gainers were SONA, which soared 24.93%, followed by MREI and PUDP, which rose 24.83% and 24.51%, respectively.
On the other hand, the stock with the code FORU was the top loser after plunging 24.87%, followed by KOTA and KONI, which corrected 12.50% and 12.30%, respectively.
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