Interest Rate Cuts Boost Indonesian Stock Market (Wednesday, May 21, 2025)
- A Small
- A Medium
- A Bigger
The Jakarta Composite Index (IHSG) rose 0.68% to close at 7,142.46 on Wednesday (21/5/2025).
The strengthening occurred after Bank Indonesia (BI) announced a cut in its benchmark interest rate.
"BI has decided to lower the BI *Rate* by 25 bps to 5.5%, as well as the *deposit facility* rate to 4.75% and the *lending facility* rate to 6.25%," said BI Governor Perry Warjiyo, as reported by *Katadata.co.id*, Wednesday (21/5/2025).
He stated that this decision was made to keep inflation in 2025 and 2026 within the target of 2.5% plus-minus 1%. In addition, BI is also striving to maintain the stability of the rupiah exchange rate amid global uncertainty.
Based on the IDX-IC Sectoral Index, eight stock sectors strengthened today. The basic materials sector led with a 2.29% increase, followed by the health and property sectors, which rose 1.50% and 1.33%, respectively.
Meanwhile, three other stock sectors experienced corrections. The technology sector fell the most, by 2.35%, followed by the industrial and energy sectors, which fell 0.45% and 0.01%, respectively.
According to RTI Business data, the frequency of domestic stock trading today reached 1.38 million transactions.
A total of 26.64 billion shares changed hands, with a total transaction value of Rp 15.48 trillion.
349 stocks closed higher today, 270 stocks weakened, and 190 stocks were stagnant.
Today's *top gainer* was MSIN, which soared 23.76%, followed by BCIP and INCO, which rose 16.36% and 12.63%, respectively.
On the other hand, the stock with the code PICO became the *top loser* after plunging 10.20%, followed by HAJJ and NINE, which corrected 8.45% and 8.33%, respectively.
In line with the IHSG, the majority of Asian markets closed in the green this afternoon. The Hang Seng Index rose 0.62% to 23,827.78; the Shanghai Index rose 0.21% to 3,387.57; the Strait Times Index rose 0.050% to 3,882.55; while the Nikkei Index fell 0.61% to 37,299.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
Related Data
Latest Data Stories
Market Data
| Name | Value | % | |
|---|---|---|---|
| Inflasi yoy (Jul) | 2,88% | -0.46 | |
| Inflasi mom (Jul) | -0,14% | -0.58 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Mar) | 8,07% | -0.18 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 17.828 | -0.14 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Neraca perdagangan (Jun) | -450,50 | -72.02 | |
| Ekspor Migas (Jun) | 1,07 | +40.52 | |
| Impor Migas (Jun) | 4,56 | +0.96 | |
| Ekspor (Jun) | 25,46 | +9.72 | |
| Impor (Jun) | 25,91 | +4.41 | |
| Kunjungan Wisman (Mei) | 1,38 | +10.69 | |
| NTP (Jul) | 116,16 | +1.32 |
Trending Topics
Popular Data
