Indonesia's Composite Stock Price Index (IHSG) Closed Up 1.42% (Wednesday, March 19, 2025)

The Jakarta Composite Index (IHSG) rose 1.42% to 6,311.66 at the close of trading on Wednesday (12/3/2025). This strengthening followed a trading halt on Tuesday (18/3/2025).

"The recovery in market confidence appears to be supported by the immediate response from Finance Minister Sri Mulyani, who stated that she remains in the cabinet," wrote Maximilianus Nicodemus, Associate Director of Pilarmas Investindo Sekuritas, in his analysis, as reported by Antara on Wednesday (19/3/2025).

In addition, the Financial Services Authority (OJK) officially implemented regulations allowing share buybacks without a General Meeting of Shareholders (RUPS) for six months starting March 18, 2025.

Based on the IDX-IC Sectoral Index, 9 out of 11 stock sectors strengthened today. The technology sector led with a gain of 9.59%, followed by the energy and basic materials sectors, which rose 1.66% and 1.18%, respectively.

Meanwhile, two sectors weakened: the transportation sector and the non-primary consumer goods sector, which corrected by 0.23% and 0.12%, respectively.

According to RTI Business data, domestic stock trading frequency today reached 1.10 million transactions.

A total of 18.36 billion shares changed hands, with a total transaction value of Rp14.12 trillion.

352 stocks closed higher today, 241 stocks were stagnant, and 209 stocks weakened.

Today's top gainers were WAPO, which soared 26.85%, followed by LION and BESS, which rose 25% and 24.74%, respectively.

On the other hand, the stock with the code FMII was the top loser after plunging 18.97%, followed by IKAI and BISI, which corrected by 12.50% and 11.82%, respectively.

Asian stock exchanges closed mixed this afternoon. The Nikkei Index fell 0.25% to 37,751.88; the Hang Seng Index rose 0.12% to 24,771.14; the Shanghai Index fell 0.10% to 3,426.43; and the Straits Times Index rose 0.34% to 3,908.31.