The Jakarta Composite Index (JCI) managed to close the first session of Wednesday’s trading (April 29) in positive territory. According to data from Stockbit, the index saw a modest gain, successfully maintaining its position above the psychological threshold of 7,000.
The JCI concluded the session up by 8.24 points, or 0.12 percent, reaching a level of 7,080.632. Market statistics highlight an active trading session, with a total transaction value reaching Rp 8.41 trillion, supported by a trading volume of 26.89 billion shares and a frequency of 1.47 million transactions. Meanwhile, the Indonesian Rupiah faced pressure, depreciating by 79.50 points (0.46 percent) to trade at Rp 17,322 per U.S. dollar.
Top Market Performers
Several stocks stood out during the morning session. The top gainers were led by INOV (Inocycle Technology Group), which surged 30.65 percent (38 points) to 162. Other notable gainers included TOOL (Rohartindo Nusantara Luas) up 28.57 percent to 90, GDST (Gunawan Dianjaya Steel) rising 27.18 percent to 131, KONI (Perdana Bangun Pusaka) climbing 24.89 percent to 2,960, and BLUE (Berkah Prima Perkasa) jumping 24.78 percent to 4,180.
Conversely, the list of top losers was headed by LUCK (Sentral Mitra Informatika), which fell 14.89 percent to 120. Other decliners included LMPI (Langgeng Makmur Industri) down 14.85 percent to 172, DEFI (Danasupra Erapacific) slipping 12.31 percent to 171, KJEN (Krida Jaringan Nusantara) declining 12.20 percent to 144, and PNGO (Pinago Utama) dropping 9.22 percent to 3,250.
Trading Volume and Value
In terms of trading value, major banking and infrastructure stocks dominated the market. BBCA (Bank Central Asia) led the pack with a value of Rp 522.80 billion, followed by BMRI (Bank Mandiri) at Rp 479.26 billion, BBRI (Bank Rakyat Indonesia) at Rp 365.84 billion, GOTO (GoTo Gojek Tokopedia) at Rp 360.00 billion, and BUMI (Bumi Resources) at Rp 300.45 billion.
Activity by volume was also significant, led by GOTO, which saw 63.80 million shares traded. It was followed by ESIP (Sinergi Inti Plastindo) with 13.77 million shares, BUMI (Bumi Resources) with 12.99 million shares, PPRE (PP Presisi) with 12.30 million shares, and LAPD (Leyand International) with 9.39 million shares.
Regional Asian Markets
Asian stock markets displayed mixed performance throughout the midday session. Data aggregated from Stockbit and Yahoo Finance illustrates the varied movement across the region:
- Japan’s Nikkei 225 index declined 1.02 percent to 59,917.46
- Hong Kong’s Hang Seng index climbed 1.28 percent to 26,010.62
- China’s SSE Composite index rose 0.40 percent to 4,094.80
- Singapore’s Straits Times index fell 0.54 percent to 4,861.44
Summary
The Jakarta Composite Index (JCI) closed the first session of Wednesday’s trading with a 0.12 percent gain, reaching 7,080.63 points. Despite maintaining its position above the 7,000 threshold, the Indonesian Rupiah faced downward pressure, depreciating by 0.46 percent against the U.S. dollar to settle at 17,322.
Market activity remained robust, with a total transaction value of Rp 8.41 trillion driven largely by major banking and infrastructure stocks. While regional Asian markets showed mixed performance, individual Indonesian stocks such as INOV and LUCK recorded significant price fluctuations during the session.