Jakarta, Indonesia – Whoa, the Indonesian stock market had a pretty wild ride on Wednesday! The JCI, which is like the main scoreboard for stocks here, hit a new all-time high. It went up by almost 1%, and that's a big deal. It's like a bunch of companies got together and threw a party because they're all doing so well. The thing is, some parts of the market had an even better party than others. The infrastructure, agriculture, and basic industry sectors were like the life of the party, jumping up big time.
What's Going On with Different Stocks and Stuff?
So, let's talk about the big winners of the day. First up, there's Pinago Utama Tbk Pt (JK:PNGO). This stock went nuts and shot up by over 800%! That's not a typo; it went from being kind of a nobody to a major player. People who had money in this stock are probably doing the happy dance right now. Then you've got Betonjaya Manunggal Tbk (JK:BTON) from the agriculture scene, which went up by more than 200%. That's like finding out your pet llama can actually spit out gold nuggets. Investors in this one are definitely feeling pretty chuffed.
But not everyone's invited to the party. Mahkota Group Tbk PT (JK:MGRO) didn't move at all, sticking at 690.00 points. It's like someone forgot to tell them the stock market was open.
On the downside, we've got some real party poopers. Lenox Pasifik Investama Tbk PT (JK:LPPS) plummeted by nearly 99%. Ouch. That's like your favorite team losing by a gazillion points. And Millennium Pharmacon International (JK:SDPC) didn't fare much better, dropping by over 97%. It's like someone spiked the punch bowl, but not in a fun way. These big drops could mean there's something fishy going on with the companies or that the market's just feeling a bit moody today.
Bank Artha Graha Internasional (JK:INPC) had a small win, going up by 1.49% and ending at 68.00. It's like they got a gold star for participating in a race where everyone else is running on a sugar rush.
The stock market was all over the place, with more stocks going down than up, and some just sitting there doing nothing. It's like a seesaw that's been greased up with volatility.
Other Stuff Happening with Stuff People Buy and Sell
When it comes to the commodity market, oil took a bit of a tumble. The price for a barrel of oil for October went down almost 1%, to $74.78. And Brent oil for November didn't do much better, dropping almost 1% to $77.93. It's like everyone decided to take their gas-guzzling cars to the garage at the same time.
Gold also had a bit of a rough day, with December futures going down by 0.43% to $2,541.90 an ounce. Maybe people are switching their investments to Bitcoin or something.
And let's not forget the currency party. The Indonesian Rupiah didn't have the best time, losing a bit of ground against the US Dollar and the Australian Dollar. The US Dollar Index Futures, though, had a bit of a glow-up, going up almost
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