IDX Composite Rises Again, Now Surpasses 7,500 (Thursday, July 24, 2025)
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The IDX Composite (IHSG) strengthened by 0.83% to 7,530.90 at the close of trading on Thursday (24/7/2025).
According to the research team at Phillip Sekuritas Indonesia, the index strengthening was influenced by market optimism regarding the progress of trade agreements between the United States (US) and Japan.
"And positive signs in trade negotiations between the US and the European Union," said the Phillip Sekuritas Indonesia research team, as quoted by Antara, Thursday (24/7/2025).
Although the IHSG strengthened, the majority, or 8, of the stock sectors in the IDX-IC Sectoral Index closed weaker.
The energy sector fell the most, by 0.75%, followed by the health sector, which weakened by 0.70%, and the technology sector, which fell by 0.64%.
Meanwhile, only 3 stock sectors strengthened today. The financial sector led with a 3.03% increase, followed by the industrial sector, which strengthened by 0.77%, and the basic materials sector, which rose by 0.14%.
The frequency of domestic stock trading today reached 1.64 million transactions. A total of 25.63 billion shares changed hands, with a total transaction value of Rp 16.4 trillion.
Based on RTI Business data, 302 stocks closed higher today, 308 stocks weakened, and 192 stocks were stagnant.
Today's top gainer was VERN, which soared 32.77%. This was followed by NICK, which strengthened by 25%, and ARGO, which rose by 24.84%.
Meanwhile, the stock with the code PANR became the top loser after plunging 15%, followed by SHID and WIRG, which each corrected by 14.80% and 14.40%, respectively.
Asian markets this afternoon generally also strengthened. The Nikkei index strengthened by 1.59% to 41,826.34; the Straits Times index strengthened by 0.99% to 4,273.05; the Shanghai index strengthened by 0.65% to 3,605.73; and the Hang Seng index strengthened by 0.51% to 25,667.18.
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