IDX Composite Weakens After Central Bank Holds Interest Rate (Wednesday, June 18, 2025)
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The Indonesia Composite Index (IDX Composite) fell 0.67% to 7,107.79 at the close of trading on Wednesday (18/6/2025).
IDX Composite weakens after Bank Indonesia (BI) announced it was holding the benchmark BI Rate at 5.5% in June 2025.
The deposit facility interest rate remained at 4.75%, and the lending facility interest rate at 6.25%.
"The decision to maintain the benchmark interest rate is in line with maintaining inflation, stabilizing the exchange rate amid high global uncertainty, and continuing to encourage economic growth," said BI Governor Perry Warjiyo in a press conference on Wednesday (18/6/2025).
Based on the IDX-IC Sectoral Index, two sectors strengthened today. The property sector led with 1.01%, followed by the industrial sector which grew 0.15%.
Meanwhile, nine other stock sectors were in the red. The non-primary consumer goods sector fell the most, by 1.29%, followed by the technology sector, which weakened by 1.21%, and the financial sector, which fell by 0.84%.
The frequency of domestic stock trading today reached 1.20 million transactions. A total of 20.19 billion shares changed hands with a total transaction value of Rp 11.51 trillion.
Based on RTI Business data, 228 stocks closed higher today, 361 stocks weakened, and 212 stocks were stagnant.
Today's top gainer was KRYA, which soared 34.25%, followed by ASPI and HALO, which rose 34.07% and 33.85%, respectively.
On the other hand, the stock with the code JAWA became the top loser after plunging 14.89%, followed by TMPO and MBSS, which corrected 14.87% and 14.86%, respectively.
Asian markets this afternoon moved variably. The Nikkei index strengthened by 0.90% to 38,885.14; the Shanghai index strengthened by 0.04% to 3,388.80; the Hang Seng index weakened by 1.12% to 23,710.68; while the Straits Times index weakened by 0.25% to 3,920.81.
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