TEMPO.CO, Jakarta - The Jakarta Composite Index (JCI) closed today's trade with a 29.20-bps gain (0.49 percent) to 5,975.74, just inches away from its psychological level of 6,000.
The index's movement today was supported by stocks from numerous sectors, including financial, trade, manufacturing, and mining. Meanwhile, the infrastructure and plantation sectors weighed the JCI down.
On today's trade, the Indonesia Stock Exchange (IDX) saw that 178 shares gained prices, while 196 were corrected and 119 unchanged.
Read: IDX: JCI to Deliver Positive Performance in Political Year
Binaartha Sekuritas' analyst Reza Priyambada said the index received positive sentiments from the market's optimism over Bank Indonesia's (BI) efforts to maintain the rupiah's stability.
Additionally, projections that the government will achieve this year's growth target help contribute to the index's rebound.
However Reza reminded that Donald Trump's decision to call off a meeting with North Korea can hit global markets and bring back uncertainties.
DEWI NURITA