Indonesia Stocks Ease After Slide in Corruption Index Ranking
2026-02-12 02:59
By
Farida Husna
1 min. read
Indonesia's IDX Composite inched down 11 points, or 0.1%, to 8,279 in early Thursday trade, snapping a three-session rally as losses in non-cyclicals, property, and healthcare stocks weighed on the index.
Some traders locked in profits after markets hit a near two-week high the prior day, rebounding from an earlier rout linked to transparency concerns.
Sentiment was also hit as Indonesia fell to 109th in the 2025 Corruption Perceptions Index, signaling worsening views on governance and anti-corruption efforts that may cloud reform credibility.
Still, losses were capped by Jakarta's plan to distribute around IDR 17 trillion in social aid ahead of the Eid al-Fitr festival, benefiting 18 million families and supporting consumption.
Meanwhile, bets for fresh stimulus in main trading partner China grew after softer January CPI and persistent producer deflation.
Notable decliners included Mora Telematika (-3.9%), Pradiksi Gunatama (-3.1%), Soho Global Health (-2.9%), and Avia Avian (-1.3%).