October 9, 2025 | 08:33 pm

TEMPO.CO, Jakarta - The Jakarta Composite Index (IHSG) closed higher on Thursday, driven mainly by gains in transportation and logistics stocks.
The IHSG rose 84.91 points, or 1.04 percent, to 8,250.94 at the close of trade.
Meanwhile, the LQ45 index, which tracks 45 leading stocks, advanced 15.26 points or 1.94 percent to 800.14.
“Regional markets across Asia are trending upward as investors respond positively to the U.S. Federal Reserve’s meeting minutes, which indicate that several Fed officials are leaning toward cutting interest rates this year,” said Maximilianus Nico Demus, Associate Director of Research and Investment at Pilarmas Investindo Sekuritas, in Jakarta on Thursday, October 9, 2025.
Globally, market players are awaiting further policy signals from the Fed. The minutes from its September 2025 meeting showed that members agreed the risks to the labor market have increased enough to warrant a rate cut, though they remain cautious about persistent inflation.
Domestically, Bank Indonesia (BI) reported that retail sales in August grew 3.5 percent year-on-year (yoy), slowing from 4.7 percent in the previous month.
Despite the moderation, BI noted continued resilience in production activity and consumer spending, supported by government stimulus efforts to sustain household purchasing power.
The IHSG opened higher and maintained its gains throughout both trading sessions, ending firmly in positive territory.
Based on the IDX-IC Sectoral Index, eight sectors strengthened, led by transportation and logistics with a 3.11 percent increase. The non-primary consumer goods sector followed with a 1.86 percent gain, while primary consumer goods rose 1.37 percent.
Meanwhile, three sectors declined, with technology posting the steepest drop at 2.75 percent, followed by energy, down 1.13 percent, and property, down 0.30 percent.
Top gainers of the day included ERTX, FOLK, CITA, COCO, and EDGE, while the biggest decliners were MLPT, UANG, CENT, MGLV, and NIKL.
The trading session recorded 3,007,987 transactions, with 37.67 billion shares changing hands at a total value of Rp30.27 trillion. A total of 433 stocks advanced, 229 declined, and 135 were unchanged.
Across the region, Japan’s Nikkei Index jumped 861.51 points, or 1.80 percent, to 48,596.50. China’s Shanghai Index gained 51.20 points, or 1.32 percent, to 3,933.97.
Singapore’s Straits Times Index edged up 15.80 points, or 0.35 percent, to 4,440.50, while Hong Kong’s Hang Seng Index slipped 76.87 points, or 0.29 percent, to 26,752.59.
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