Flooring Guide by Cinvex – JAKARTA — The prominent Business-27 Index concluded trading on Friday, November 29, 2025, in the red zone, reflecting a bearish sentiment across the market. This key index saw a decline, dragged down by underperforming heavyweights such as PT Vale Indonesia Tbk. (INCO), PT Aneka Tambang Tbk. (ANTM), and PT Pertamina Geothermal Energy Tbk. (PGEO).
According to data from the Indonesia Stock Exchange (BEI), the Business-27 Index, a collaborative effort with the daily Bisnis Indonesia, registered a fall of 0.78%, settling at 544.50. Throughout the trading day, the index fluctuated within a range of 543.64 to 550.37, indicating significant market volatility.
A closer look at the 27 constituent stocks within the Business-27 Index reveals a mixed performance, albeit with a predominant downward trend. While seven stocks managed to close in the green zone and three remained stagnant, a significant 17 constituents ended the day in negative territory. Leading the declines, shares of PT Vale Indonesia Tbk. (INCO) plummeted by 3.29% to Rp3,820 per share, marking it as the steepest faller within the index for the afternoon session.
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Further contributing to the index’s woes, shares of PT Aneka Tambang Tbk. (ANTM), commonly known as Antam, also experienced a significant weakening. ANTM stock dipped by 3% to close at Rp2,910 per share today, reflecting broader concerns in the mining sector.
Other notable constituents that contributed to the index’s decline included PGEO, which fell 2.11% to Rp1,160. PT Bank Negara Indonesia (Persero) Tbk. (BBNI) shares weakened by 2.07% to Rp4,260, and PT Kalbe Farma Tbk. (KLBF) also saw a drop of 2.04%, closing at Rp1,200 per share.
In contrast to the overall downturn, a few stocks displayed remarkable resilience and posted impressive gains. PT Indah Kiat Pulp & Paper Tbk. (INKP) surged by a significant 9.35% to Rp8,775 per share, demonstrating strong investor confidence. Similarly, PT Dharma Satya Nusantara Tbk. (DSNG) strengthened by 3.99% to reach Rp1,695, while PT Trimegah Bangun Persada Tbk. (NCKL) appreciated by 4.5% to Rp1,045. PT Mayora Indah Tbk. (MYOR) also saw a healthy gain, rising 2.35% to Rp2,180 per share, showcasing pockets of strength in the equity market.
On a broader scale, the Jakarta Composite Index (IHSG) also closed weaker on Friday, November 28, 2025, settling at 8,508.70. The benchmark index saw a decline of 0.43% by the end of the afternoon’s trading session. Throughout the day, a robust 41.12 billion shares were traded, amounting to a total value of Rp20.37 trillion. The total market capitalization for the IHSG stood at an impressive Rp15,655 trillion.
Examining the overall market breadth, 282 stocks recorded gains, 370 experienced declines, and 159 shares remained unchanged in price. This distribution underscores the challenging trading environment. The IHSG’s market capitalization was observed holding steady at Rp15,655 trillion, reflecting the vast scale of Indonesia’s equity market despite daily fluctuations.
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 concluded trading on Friday, November 29, 2025, in the red zone, experiencing a 0.78% decline to settle at 544.50. This downturn was largely attributed to the underperformance of heavyweights such as PT Vale Indonesia Tbk. (INCO), which plummeted 3.29%, PT Aneka Tambang Tbk. (ANTM) with a 3% dip, and PT Pertamina Geothermal Energy Tbk. (PGEO) falling 2.11%. A significant 17 out of the 27 constituent stocks ended the day in negative territory.
On a broader scale, the Jakarta Composite Index (IHSG) also closed weaker on Friday, November 28, 2025, decreasing by 0.43% to 8,508.70. The overall market reflected a challenging environment, as 370 stocks recorded declines compared to 282 that saw gains. Despite the predominant downward trend, some stocks showed resilience, with PT Indah Kiat Pulp & Paper Tbk. (INKP) notably surging by 9.35%.