IDX Closes Strong at 7,801 with 576 Stocks Advancing on High Volume

The Jakarta Composite Index (IHSG) concluded trading on a positive note this Tuesday afternoon, September 2nd, closing in the green zone. The benchmark index saw a notable increase of 65.51 points, or 0.85 percent, to settle at 7,801.

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Mirroring this upward trend, the LQ45 index also demonstrated strength, advancing 4.54 points (0.58 percent) to reach 793.24. Market sentiment was overwhelmingly positive, with a significant 576 stocks registering gains, while only 126 experienced declines, and 101 remained unchanged.

Trading activity was robust throughout the session, with stocks transacting a total of 1.99 million times. This generated a substantial total trading volume of 36.55 billion shares, amounting to a value of Rp 16.30 trillion, highlighting healthy market engagement.

Among the day’s standout performers, several companies emerged as top gainers:

  • Jaya Swarasa Agung (TAYS) soared by 19 points (33.93 percent) to 75

  • Bekasi Asri Pemula (BAPA) surged 18 points (33.33 percent) to 72

  • First Media (KBLV) climbed 45 points (23.45 percent) to 240

  • Tempo Intimedia (TMPO) gained 50 points (22.94 percent) to 268

  • Gaya Abadi Sempurna (SLIS) rose 19 points (22.09 percent) to 105

Further adding to the positive domestic economic indicators, the Indonesian rupiah also displayed resilience. According to data from Bloomberg, the rupiah strengthened by 4.50 points (0.03 percent) against the US dollar, closing the day at Rp 16,414.

In the broader Asian stock markets, performance was mixed by the afternoon close:

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  • Japan’s Nikkei 225 advanced by 121.69 points, or 0.29 percent, to 42,310

  • Hong Kong’s Hang Seng index, however, recorded a decline, falling 120 points (0.47 percent) to 25,496

  • Similarly, the SSE Composite index in China dipped by 17.40 points, or 0.45 percent, to 3,858

  • Conversely, Singapore’s Straits Times index saw an increase of 16.65 points, or 0.39 percent, closing at 4,292

Summary

The Jakarta Composite Index (IHSG) closed strongly on Tuesday, September 2nd, increasing by 0.85 percent to 7,801. This positive movement was underpinned by 576 advancing stocks and robust trading, with a total volume of 36.55 billion shares worth Rp 16.30 trillion. The LQ45 index also rose, and the Indonesian rupiah strengthened against the US dollar, closing at Rp 16,414.

Notable top gainers included Jaya Swarasa Agung (TAYS) and Bekasi Asri Pemula (BAPA), among others. Across broader Asian markets, performance was mixed; Japan’s Nikkei 225 and Singapore’s Straits Times advanced, while Hong Kong’s Hang Seng and China’s SSE Composite indices declined.

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