IDX Continues to Strengthen, Nearing the 7,000 Level (Wednesday, May 7, 2025)
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At the close of trading on Wednesday, May 7, 2025, the Jakarta Composite Index (JCI) rose 0.41% to 6,926.22, nearing the 7,000 level.
The JCI last reached the 7,000 level approximately three months ago, at the beginning of February 2025.
Based on the IDX-IC Sectoral Index, eight sectors strengthened today. The basic materials sector led with a 2.18% increase, followed by the technology and energy sectors, which rose 1.16% and 0.99%, respectively.
Meanwhile, three other sectors experienced corrections. The industrial sector fell the most, by 0.68%, followed by the infrastructure and transportation sectors, which fell 0.66% and 0.35%, respectively.
According to RTI Business data, the frequency of domestic stock trading today reached 1.47 million transactions.
A total of 24.4 billion shares changed hands, with a total transaction value of Rp 15.6 trillion.
314 stocks closed higher today, 271 stocks weakened, and 214 stocks were stagnant.
Today's top gainer was BATR, which soared 35%, followed by ISEA and AYLS, which rose 33.93% and 31.43%, respectively.
On the other hand, the stock with the code PPRI became the top loser after plunging 14.56%, followed by HADE and JGLE, which corrected 14.29% and 12.50%, respectively.
In line with the JCI, the majority of Asian markets strengthened this afternoon. The Hang Seng Index rose 0.13% to 22,691.88; the Shanghai Index rose 0.80% to 3,342.66; the Straits Times Index rose 0.02% to 3,861.26; while the Nikkei Index fell 0.14% to 36,779.66.
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