Amidst a Weakening Asian Market, the Indonesian Stock Exchange (IHSG) Closed Higher (Thursday, May 22, 2025)

The Jakarta Composite Index (JCI) rose 0.34% or 24.52 points to close at 7,166.98 on Thursday (22/5/2025).

Based on the IDX-IC Sectoral Index, five sectors strengthened today. The basic materials sector led the gains with a 2.12% increase, followed by the transportation sector at 2.05%, and the non-cyclical consumer goods sector at 1.26%.

Meanwhile, six other stock sectors declined. The health sector fell the most, dropping 0.71%, followed by the industrial sector at 0.34%, and the property sector at 0.33%.

Today's domestic stock trading frequency reached 1.38 million transactions. A total of 21.75 billion shares changed hands, with a total transaction value of Rp14.08 trillion.

According to RTI Business data, 294 stocks closed higher today, 306 stocks weakened, and 207 stocks were stagnant.

Today's top gainer was COCO, which soared 34.86%, followed by FAST and FITT, which rose 25% and 24.43%, respectively.

On the other hand, the stock with the code KOPI was the top loser, plunging 13.79%, followed by LAJU and RALS, which fell 12.31% and 12.13%, respectively.

Unlike the JCI, the majority of Asian markets closed in the red this afternoon. The Hang Seng Index weakened 1.19% to 23,544.31; the Shanghai Index fell 0.22% to 3,380.18; the Straits Times Index fell 0.06% to 3,880.09; and the Nikkei Index dropped 0.84% to 36,985.87.