Interest Rate Cuts Boost Indonesian Stock Market (Wednesday, May 21, 2025)
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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."
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| Name | Value | % | |
|---|---|---|---|
| Economic growth | 5,11% | +0.08 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Nilai Tukar USDIDR | 18 | 0.00 | |
| Neraca perdagangan (Mar) | 3,32 | +160.82 | |
| Ekspor Migas (Mar) | 1,28 | +18.60 | |
| Impor Migas (Mar) | 3,17 | +58.74 | |
| Ekspor (Mar) | 22,53 | +1.62 | |
| Impor (Mar) | 19,21 | -8.08 | |
| Kunjungan Wisman (Feb) | 1,16 | -2.42 | |
| Inflasi yoy (Apr) | 2,42% | -1.06 | |
| Inflasi mom (Apr) | 0,13% | -0.28 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| NTP (Apr) | 112,29 | +0.43 |
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