IDX Strengthens, Returns to the 6,500 Range (Tuesday, April 22, 2025)

The Jakarta Composite Index (JCI) rose 1.43% to close at 6,538.27 on Tuesday (April 22, 2025), marking its highest level in the past month, as shown in the chart.

Several analysts predict further JCI gains, fueled by market optimism regarding the outcome of reciprocal tariff negotiations between Indonesia and the United States (US).

"The JCI is still seen as having the potential to continue strengthening in the next trading session," stated the research team at Lotus Andalan Sekuritas, as reported by *Katadata.co.id* on Tuesday (April 22, 2025).

Based on the IDX-IC Sectoral Index, eight sectors strengthened today. The energy sector led the gains with a 3.37% increase, followed by the basic materials and property sectors, which rose 3.36% and 1.83%, respectively.

Meanwhile, three other sectors experienced corrections. The technology sector fell the most, declining 0.84%. This was followed by the consumer staples and healthcare sectors, which decreased by 0.46% and 0.18%, respectively.

According to RTI Business data, domestic stock trading frequency today reached 1.09 million transactions.

A total of 18.10 billion shares changed hands, with a total transaction value of Rp 9.89 trillion.

371 stocks closed higher today, 220 stocks weakened, and 210 stocks remained unchanged.

Today's top gainers were NETV, which soared 34.75%, followed by CITY and INDY, which increased by 34.18% and 24.89%, respectively.

On the other hand, MTFN was the top loser, plunging 20%, followed by BTEK and LPPF, which corrected by 16.67% and 14.90%, respectively.

In line with the JCI, most Asian markets closed in the green this afternoon. The Hang Seng Index rose 0.78% to 21,562.32; the Shanghai Index increased 0.25% to 3,299.76; the Straits Times Index climbed 0.96% to 3,795.41; while the Nikkei Index fell 0.17% to 34,220.60.