{
    "success": true,
    "data": {
        "id": 1876529,
        "msgid": "ihsg-soars-1-51-to-6-430-buoyed-by-commodity-and-tech-stocks-1784789515",
        "date": "2026-07-23 12:46:19",
        "title": "IHSG Soars 1.51% to 6,430, Buoyed by Commodity and Tech Stocks",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "The Jakarta Composite Index (IHSG) surged 1.51% to 6,430.15 on Thursday, breaching the psychological level of 6,400. The rally was driven by strong performances in the property, energy, and technology sectors, with market capitalisation increasing by nearly Rp200 trillion. The positive momentum was supported by Bank Indonesia's decision to hold its benchmark interest rate steady at 5.25%.",
        "content": "<p>The Jakarta Composite Index (IHSG) extended its gains on Thursday\n(23\/7\/2026), with the index breaking through the psychological level of\n6,400 during the morning session after struggling to breach it in recent\ntrading days. According to data from the Indonesia Stock Exchange (BEI),\nthe IHSG closed the first session up 95.68 points, or 1.51%, at\n6,430.15. The index moved within a range of 6,338.24 to 6,437.20,\nrecording a new intraday high above 6,400. Trading activity increased,\nwith transaction values reaching Rp11.90 trillion on volume of 34.81\nbillion shares traded across 1.75 million transactions. A total of 450\nstocks advanced, 166 declined, and 177 were unchanged, reflecting\nbroad-based buying across nearly all sectors. The market capitalisation\nof the Indonesia Stock Exchange rose to Rp11,286 trillion, an increase\nof nearly Rp200 trillion from the previous close of Rp11,096 trillion.\nThe rally was underpinned by commodity-based, technology, and banking\nstocks. The property sector led gains with a 6.12% rise, followed by\nenergy at 3.21%, utilities at 2.91%, and basic materials at 2.86%. The\nhealthcare sector was the sole decliner, edging down 0.27%. PT Bumi\nResources Tbk (BUMI) was the top contributor to the index\u2019s gain, adding\n9.56 points. It was followed by PT Maha Properti Indonesia Tbk (MPRO)\nwith 7.68 points, PT Amman Mineral Internasional Tbk (AMMN) with 6.74\npoints, PT Bumi Resources Minerals Tbk (BRMS) with 5.21 points, PT\nPetrindo Jaya Kreasi Tbk (CUAN) with 4.56 points, PT Multipolar\nTechnology Tbk (MLPT) with 3.82 points, and PT Barito Renewables Energy\nTbk (BREN) with 3.42 points. Conversely, PT Bank Central Asia Tbk (BBCA)\nweighed on the index, shaving off 4.41 points. Other stocks that dragged\nthe index lower included PT Astra International Tbk (ASII), PT Telkom\nIndonesia (Persero) Tbk (TLKM), PT MNC Digital Entertainment Tbk (MSIN),\nand PT Bank Negara Indonesia (Persero) Tbk (BBNI). From a technical\nperspective, the IHSG\u2019s successful breach of the 6,400 level is a\npositive signal for the short-term trend. After a slight correction on\nWednesday that ended a nine-day winning streak, the index rebounded and\nprinted a higher high. On the daily chart, the IHSG remains well above\nthe 9-day weighted moving average (WMA) at around 6,257, confirming the\nshort-term uptrend. The 6,400 level, previously a resistance point, is\nnow a crucial level to maintain. If the index can hold above this level\nuntil the close, the opportunity to extend gains towards the 6,450-6,500\nrange will be wide open. Conversely, failure to maintain this level\ncould trigger short-term profit-taking after the index surged more than\n23% from its low in early June. The rally was supported by Bank\nIndonesia\u2019s decision to hold the BI Rate at 5.25%, in line with market\nexpectations. Although foreign investors recorded a net foreign sell of\nRp920.3 billion in the previous session, domestic optimism and a\nrotation into commodity and technology stocks helped sustain the\nmarket\u2019s upward momentum.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ihsg-soars-1-51-to-6-430-buoyed-by-commodity-and-tech-stocks-1784789515",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}