Flooring Guide by Cinvex – , JAKARTA — The Business-27 Index closed with a notable advance on Tuesday, September 23, 2025, mirroring the slight uplift experienced by the Jakarta Composite Index (IHSG). This positive momentum within the index was largely driven by robust performances from key stocks, specifically BRPT, SCMA, BRIS, and BBRI.
According to data from the Indonesia Stock Exchange (BEI), the Business-27 Index, which is a collaborative venture between the exchange and the daily newspaper Bisnis Indonesia, strengthened by 0.19%, concluding the trading session at 532.57. A detailed look at the day’s activity revealed that 5 stocks posted gains, 18 experienced declines, and 4 remained stagnant.
Leading the charge among the advancing stocks was PT Barito Pacific Tbk. (BRPT), an entity linked to Prajogo Pangestu, which surged an impressive 11.87% to reach Rp3,770 per share. Following this strong performance, PT Surya Citra Media Tbk. (SCMA) also saw a significant rise, climbing 1.78% to close at Rp344 per share.
Further contributing to the index’s positive close, shares of PT Bank Syariah Indonesia Tbk. (BRIS) recorded an increase of 1.13%, pushing its price to Rp2,690. Similarly, PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI) strengthened by 0.72%, settling at Rp4,170 per share.
Conversely, the day also witnessed several prominent stocks experiencing notable downturns. PT Aneka Tambang Tbk. (ANTM) led the declines with a 5.45% correction, closing at Rp3,470 per share. Meanwhile, PT Mitra Adiperkasa Tbk. (MAPI) saw its value decrease by 3%, bringing its share price to Rp1,130.
READ ALSO: Rupiah Closes Stronger, Touching Rp16,684 per US Dollar
The Jakarta Composite Index (IHSG) itself managed a marginal gain, closing up by 0.02% or 1.35 points, to reach a final position of 8,126.55. Throughout the trading day, the composite index fluctuated, touching a low of 8,077.84 and ascending to an intra-day high of 8,169.01.
Market statistics for the day indicated a dynamic trading landscape, with 243 stocks advancing, 461 declining, and 100 remaining unchanged. Simultaneously, the overall market capitalization stood impressively at Rp14,925 trillion.
Earlier, Reza Priyambada, Director of Reliance Sekuritas Indonesia, offered a technical analysis perspective. He highlighted that the IHSG’s most recent candle formed a bullish harami pattern, consistently staying above the MA5 and MA20 moving averages, and the MACD indicator signaling a golden cross. These technical formations often suggest an upward trend.
“Given these indicators, we project that the IHSG will experience further strengthening today,” Priyambada asserted. He also identified specific stock choices for the day, including BSDE, ASSA, MEDC, and BRIS, as potentially attractive investment options.
Reliance Sekuritas projected the IHSG to navigate within a support level of 8,068 and a resistance level of 8,175, maintaining an overall tendency to strengthen.
Disclaimer: This news article is not intended as an invitation to buy or sell stocks. Investment decisions are solely at the discretion of the reader. Bisnis.com is not responsible for any losses or gains arising from the reader’s investment decisions.
Summary
The Business-27 Index saw a notable advance on Tuesday, September 23, 2025, rising by 0.19% to 532.57. This positive momentum was largely propelled by key stocks including PT Barito Pacific Tbk. (BRPT), PT Surya Citra Media Tbk. (SCMA), PT Bank Syariah Indonesia Tbk. (BRIS), and PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI). BRPT led the gains with an impressive 11.87% surge, while SCMA, BRIS, and BBRI also recorded increases.
Despite these significant gains, the market also observed declines in other prominent stocks like PT Aneka Tambang Tbk. (ANTM) and PT Mitra Adiperkasa Tbk. (MAPI). The Jakarta Composite Index (IHSG) closed with a marginal 0.02% gain at 8,126.55, reflecting a day where declining stocks outnumbered advancing ones. Analysts projected further strengthening for the IHSG based on technical indicators.