MAPI, BBCA, TLKM Stocks Boost Jakarta Business-27 Index

Jakarta – The Bisnis-27 index closed higher, mirroring gains in the Jakarta Composite Index (IHSG) on Monday, November 17, 2025. This positive performance was fueled by growth in shares of MAPI, BBCA, PGEO, and TLKM.

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According to data from the Indonesia Stock Exchange (BEI), the index, a collaboration between the exchange and Bisnis Indonesia newspaper, rose by 0.88% to a level of 556.31. A total of 14 stocks advanced, while 9 declined, and 4 remained unchanged.

Leading the gainers was PT Mitra Adiperkasa Tbk. (MAPI), with a surge of 3.08% to Rp1,340 per share, followed by PT Bank Central Asia Tbk. (BBCA), which climbed 1.78% to Rp8,575 per share.

Read More: IHSG Closes at All-Time High of 8,416. Uncover the Driving Stocks

Other stocks that experienced appreciation included PT Pertamina Geothermal Energy Tbk. (PGEO), increasing by 1.69% to Rp1,200 per share, and PT Telkom Indonesia (Persero) Tbk. (TLKM), which also rose by 1.69% to Rp3,610 per share.

On the other hand, PT Japfa Comfeed Indonesia Tbk. (JPFA) recorded the steepest decline, falling by 3.72% to Rp2,330 per share, while PT Vale Indonesia Tbk. (INCO) decreased by 3.30% to Rp4,100 per share.

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The IHSG itself closed up by 0.55%, or 46.44 points, reaching a level of 8,416.88. The composite index opened at 8,397.83 and touched its highest point of the day at 8,452.32.

Overall, 354 stocks rose, 287 stocks fell, and 173 stocks remained stagnant. Market capitalization reached Rp15,406 trillion.

Reza Priyambada, Director of Reliance Sekuritas Indonesia, previously noted that technically, the last candle of the IHSG formed a doji (reversal pattern), remaining above the MA20 with a MACD golden cross indicator.

Reliance had anticipated that the IHSG would fluctuate within a support level of 8,293 and a resistance level of 8,429, with a tendency to strengthen.

“We project that the IHSG will experience gains today. Our stock picks for today include MEDC, ELSA, CPIN, and ESSA,” he stated in a research note.

Disclaimer: This news is not intended to encourage buying or selling shares. Investment decisions are entirely in the hands of the reader. Bisnis.com is not responsible for losses or profits arising from readers’ investment decisions.

Summary

The Bisnis-27 index experienced a rise of 0.88% to 556.31, mirroring the gains of the Jakarta Composite Index (IHSG) on November 17, 2025. The positive trend was largely attributed to growth in the shares of several key companies, including MAPI, BBCA, PGEO, and TLKM.

MAPI led the gainers with a 3.08% increase, followed by BBCA with a 1.78% rise. Meanwhile, JPFA recorded the steepest decline at 3.72%. The IHSG itself closed up by 0.55% at 8,416.88, with Reliance Sekuritas Indonesia projecting further gains based on technical indicators.

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