JCI Opens Higher, Records All-Time High Intraday at 8,970

The Jakarta Composite Index (JCI) posted a positive performance on Wednesday, January 7, 2025. The index opened higher at 8,959.09 and recorded its highest intraday level of all time at 8,970.87.

Trading activity remained active, with a total trading volume of 4.79 billion shares and a transaction value of IDR 2.89 trillion across approximately 360 thousand transactions. Overall, 311 stocks advanced, 235 declined, and 412 remained unchanged.

From a sectoral perspective, the basic materials sector led the gains, rising by 1.91 percent. This was followed by the energy sector, which increased by 0.96 percent, and the industrial sector, which gained 0.72 percent. In addition, the non-primary consumer, financial, and property sectors also recorded positive performances.

Meanwhile, several sectors experienced downward pressure, including the infrastructure sector, which fell by 0.72 percent, the transportation sector, which declined by 0.22 percent, and the primary consumer sector, which corrected by 0.22 percent. The healthcare sector also moved slightly lower.

Among the top gainers were PT Bank Sinarmas Tbk (BSIM), which surged 24.78 percent, PT Bank Artha Graha Internasional Tbk (INPC), which rose 24.39 percent, and PT Alfa Energi Investama Tbk (FIRE), which climbed 20.51 percent.

On the other hand, the top losers included Danareksa Investment Management (XDIF), which dropped 14.98 percent, Indopremier Investment Management (XISC), which declined 13.90 percent, and Indopremier Investment Management (XISB), which fell 13.64 percent.

The JCI’s record intraday high reflects continued market optimism toward Indonesia’s capital market performance at the beginning of 2025.

Source: IDX Channel