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View all search resultsThe principal Indonesian stock market gauge closed at a fresh record on Tuesday, supported by strong commodity stocks and global risk appetite.
he Indonesia Stock Exchange (IDX) Composite Index climbed to a new all-time high on Tuesday, closing up 74.42 points, or 0.84 percent, at 8,933.61, after steadily advancing throughout the session and moving within close range of the 9,000-points level.
The benchmark index had already strengthened in the first trading session, rising 23.25 points, or 0.26 percent, to 8,882.44, before extending gains in the afternoon and setting a fresh historical record by the close.
The LQ45, a liquid large-cap subindex of the IDX Composite, also ended the day higher, gaining 5.28 points, or 0.61 percent, to 865.06.
The market was broadly positive with 428 stocks advancing, 256 declining and 127 ending the day flat.
Trading activity was robust, with total transaction value reaching Rp 34.14 trillion, involving 67.91 billion shares across 4.37 million transactions.
Market capitalization rose to Rp 16,337 trillion, approaching the equivalent of US$1 trillion.
The rally reflected by broad-based sectoral gains, led by the basic materials sector, with solid advances also recorded in industrials, energy, technology, property and financial stocks, while declines were limited to the transportation sector.
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