Flooring Guide by Cinvex – , JAKARTA – The Jakarta Composite Index (IHSG) concluded trading on Thursday, November 6, 2025, with a strong performance, closing up at 8,337.06. The day saw a notable rally, particularly among shares linked to prominent Indonesian conglomerates, including those associated with Prajogo Pangestu and Happy Hapsoro, which shined brightly.
According to data from the Indonesia Stock Exchange (BEI), the IHSG recorded a gain of 0.22% to reach its closing level of 8,337.06. The index began the trading session at 8,354.68, experiencing fluctuations throughout the day, hitting an intraday low of 8,289.89 before climbing to a high of 8,362.92.
Market activity was robust, with the IHSG closing out the day on a total transaction value of Rp18.2 trillion. The trading volume reached 25.04 billion shares across 2.27 million transactions, underscoring significant investor engagement. Furthermore, Indonesia’s capital market boasted a substantial market capitalization of Rp15,200 trillion.
The broader market reflected this positive sentiment, with 414 stocks strengthening, while 275 experienced a decline. A further 267 shares remained unchanged, indicating a healthy distribution of market movements.
Among the equities drawing significant attention were those connected to Indonesia’s influential tycoons. Shares from Prajogo Pangestu’s empire, specifically PT Barito Renewables Energy Tbk. (BREN) and PT Petrosea Tbk. (PTRO), performed exceptionally well. BREN’s share price surged by 1.79%, while PTRO witnessed an impressive 4.28% increase. Similarly, two stocks linked to tycoon Happy Hapsoro, PT Rukun Raharja Tbk. (RAJA) and PT Raharja Energi Cepu Tbk. (RATU), also demonstrated strong gains, with RAJA climbing 5.38% and RATU advancing 5.85%.
The list of top gainers was led by remarkable performances across various sectors. PT Green Power Group Tbk. (LABA) soared by an astounding 34.67%, closely followed by PT Terang Dunia Internusa Tbk. (UNTD), which climbed 34.52%. PT City Retail Development Tbk. (NIRO) also posted a substantial gain of 25%, highlighting investor confidence in these companies.
Conversely, some stocks faced significant selling pressure, landing them on the list of top losers. PT Multitrend Indo Tbk. (BABY) experienced a sharp decline of 14.71%, while PT Anabatic Technologies Tbk. (ATIC) fell by 14.63%. PT Pioneerindo Gourmet International Tbk. (PTSP) also saw its share price drop by 13.19%, indicating specific sector or company-related challenges.
This positive momentum follows a strong showing on the preceding day, Wednesday, November 5, 2025, when the IHSG likewise closed higher, recording a substantial 0.93% gain to reach 8,318.53.
Several key sentiments underpinned the IHSG’s movements, as highlighted by the Phintraco Sekuritas Research Team. Domestically, the Central Statistics Agency (BPS) reported Indonesia’s economic growth for the third quarter of 2025 at 5.04% year-on-year (YoY), surpassing analysts’ prior projections. A Bloomberg survey of 30 economists had previously projected a median growth of 5% YoY for Q3 2025. While this figure improved from the 4.95% YoY recorded in the same period last year, it marked a slight deceleration from the 5.12% growth seen in the preceding quarter.
Looking ahead, investors are expressing optimism for an accelerated economic expansion in the fourth quarter of 2025. This anticipation is fueled by several factors, including a prevailing trend of declining interest rates, ongoing government stimulus measures, and the anticipated boost to public consumption from year-end holidays, as noted by the Phintraco Sekuritas Research Team on Thursday, November 6, 2025.
Internationally, investors are closely monitoring upcoming economic announcements. They await the outcome of the Bank of England’s meeting, where the central bank is widely expected to maintain its interest rates at 4%. Furthermore, attention will turn to Germany’s industrial production data for September 2025, which analysts anticipate will show an increase. Meanwhile, retail sales growth for the Euro Area in September is projected to remain stable at 1% YoY.
Disclaimer: This news article is not intended as an invitation to buy or sell shares. Investment decisions rest solely with the reader. Bisnis.com bears no responsibility for any losses or gains arising from the reader’s investment decisions.
Summary
The Jakarta Composite Index (IHSG) closed strongly on Thursday, November 6, 2025, gaining 0.22% to 8,337.06 amid robust market activity with transactions totaling Rp18.2 trillion. Shares linked to prominent tycoons, including Prajogo Pangestu’s Barito Renewables Energy (BREN) and Petrosea (PTRO), along with Happy Hapsoro’s Rukun Raharja (RAJA) and Raharja Energi Cepu (RATU), all experienced significant surges. This positive momentum followed a strong performance on the preceding day.
Domestically, Indonesia’s Q3 2025 economic growth of 5.04% year-on-year surpassed analysts’ projections, underpinning market optimism. Investors anticipate accelerated economic expansion in Q4 2025, fueled by declining interest rates, government stimulus, and year-end holiday consumption. Internationally, attention is focused on the Bank of England’s interest rate decision and Germany’s upcoming industrial production data.