8 June 2025

IHSG Surges Again as MLPT and MBMA Stocks See Sharp Gains

The Indonesia Composite Stock Index (IHSG) opened higher once again on Thursday morning (June 5, 2025), climbing 31.19 points or 0.44% to reach 7,100.2 during the first trading session. The index showed consistent upward movement within the range of 7,069 to 7,089, indicating growing investor optimism.

At the same time, shares of PT Multipolar Technology Tbk (MLPT) and PT Merdeka Battery Materials Tbk (MBMA) posted significant gains, placing them among today’s top gainers.

A total of 194 stocks recorded price increases, while 119 stocks saw declines, and 232 stocks remained unchanged during the early trading session.

MLPT and MBMA stood out with impressive performance. MLPT surged by 18.9%, reflecting strong investor interest and possible positive sentiment around the company’s outlook. Meanwhile, MBMA jumped by 12.8%, signaling a strong demand in the battery material sector.

Other standout performers in today’s session included PT Gunawan Dianjaya Steel Tbk (GDST), which rocketed 29%, and PT Toba Pulp Lestari Tbk (INRU), which rose by 16.3%. PT Pioneerindo Gourmet International Tbk (PTSP) also gained a solid 15.3%.

Additionally, PT Sumber Sinergi Makmur Tbk (IOTF) saw an 8.6% increase in its share price, matching the 8.6% gain posted by PT Tanah Laut Tbk (INDX), further highlighting the bullish trend seen across multiple sectors in today’s market.

Overall, the strong opening and positive momentum in several high-performing stocks suggest robust investor confidence and market resilience in the face of broader economic developments.