IHSG Continues Impressive Ascent: Eighth Straight Day of Gains Signals Strong Market Optimism
Jakarta, Indonesia – May 7, 2025 – The Indonesian stock market demonstrated remarkable resilience and sustained investor confidence today, as the Jakarta Composite Index (IHSG) concluded its eighth consecutive trading session in positive territory. The index closed at 6,926.22 points , marking an increase of 28.03 points or 0.41% from the previous day. Throughout the trading day, the IHSG displayed considerable strength. It opened robustly, and at one point, surged to an intraday high of 6,970.50 points, nearing the significant psychological benchmark of 7,000 points. The index navigated a trading range between 6,909 points and 6,967 points, indicating consistent buying interest. Market analysts have pointed to the Infrastructure and Finance sectors as the primary drivers behind today's positive performance, contributing significantly to the index's overall lift. This eight-day winning streak for the IHSG is a noteworthy event, reflecting a persistent bullish sentiment among ...