Indonesia Stocks Rebound
2026-02-18 03:01
By
Farida Husna
1 min. read
Indonesia’s IDX Composite climbed 77 points, or nearly 1%, to 8,293 in Wednesday morning trade, snapping two sessions of weakness as markets reopened after holidays.
Gains were supported by resilient growth momentum, seasonal consumption strength, and solid external buffers.
Meanwhile, the central bank began a two-day policy meeting and is widely expected to leave its key rate unchanged for a fifth time, with a decision due Thursday.
A dip in U.S.
futures limited further upside after Wall Street’s quiet finish, as select tech names continued to struggle with the downside of the AI boom ahead of FOMC minutes later today and the PCE Price Index in the coming days.
Mainland markets remain shut all week for the Spring Festival.
Broad-based buying lifted all sectors, led by infrastructure, non-cyclicals, and industry.
Heavyweight Barito Renewables Energy jumped 3.1%, while other top movers were Merdeka Gold Resources (7.2%), Impack Pratama Industri (5.3%), and Sumber Alfaria Trijaya (3.3%).