Indonesian Shares Track Wall Street Gains

2026-02-25 02:52 By Farida Husna 1 min. read

Indonesian stocks advanced 47 points, or 0.6%, to 8,328 in Wednesday’s morning session, rebounding from a steep loss the day before on the back of Wall Street’s overnight strength amid renewed optimism in the AI sector ahead of U.S.

President Trump’s State of the Union address.

Meanwhile, local media reported that the Finance Ministry will extend liquidity injections to banks for another six months, with central bank support, to safeguard financial stability as Eid al-Fitr celebration approaches.

In key trading partner China, the PBoC kept loan prime rates at record lows for a ninth straight month to bolster growth.

Gains in Jakarta were capped, however, by caution ahead of domestic data releases next week, including February inflation and January trade figures.

Healthcare, basic materials, and cyclicals strengthened, but technology and energy lagged.

Early movers included Alamtri Minerals (5.0%), Vale Indonesia (4.3%), Indosat (3.4%), Mitra Adiperkasa (1.7%), and Aneka Tambang (1.4%).



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Indonesian Shares Track Wall Street Gains
Indonesian stocks advanced 47 points, or 0.6%, to 8,328 in Wednesday’s morning session, rebounding from a steep loss the day before on the back of Wall Street’s overnight strength amid renewed optimism in the AI sector ahead of U.S. President Trump’s State of the Union address. Meanwhile, local media reported that the Finance Ministry will extend liquidity injections to banks for another six months, with central bank support, to safeguard financial stability as Eid al-Fitr celebration approaches. In key trading partner China, the PBoC kept loan prime rates at record lows for a ninth straight month to bolster growth. Gains in Jakarta were capped, however, by caution ahead of domestic data releases next week, including February inflation and January trade figures. Healthcare, basic materials, and cyclicals strengthened, but technology and energy lagged. Early movers included Alamtri Minerals (5.0%), Vale Indonesia (4.3%), Indosat (3.4%), Mitra Adiperkasa (1.7%), and Aneka Tambang (1.4%).
2026-02-25
Sector Losses Drag IDX Lower Amid Tariff Concerns
Indonesia’s IDX Composite slipped 26 points, or 0.3%, to 8,369 in Tuesday morning trade, reversing the prior session’s rally as broad sector losses weighed, led by energy, cyclicals, and industrials. Sentiment was dampened by Wall Street’s sharp overnight drop, fueled by persistent concerns over AI-related disruptions and fresh volatility from President Trump’s erratic trade statements. Meantime, President Prabowo has directed officials to assess the impact of the U.S. Supreme Court’s tariff ruling, adding to caution ahead of key domestic data due next week, including February inflation and January trade figures. Still, losses were contained by reports that China, Indonesia’s largest trading partner, kept lending rates at record lows for a ninth straight month in February to support growth, as mainland markets reopened after a recent break. Early laggards included Impack Pratama Industri (-4.5%), Bukit Uluwatu Villa (-4.1%), Bumi Resources (-2.7%), and Alamtri Minerals (-2.4%).
2026-02-24
Indonesia Stocks Rise on U.S. Tariff Shift
Indonesian equities climbed 80 points, or near 1%, to 8,348 in early Monday trade, rebounding from a muted prior close. Sentiment improved on hopes that President Trump’s new 15% global tariff, introduced after the U.S. Supreme Court rejected sweeping reciprocal duties, signals a shift toward lower overall levies and could provide a modest boost to Indonesia’s exports in the near term. Market confidence also strengthened after the local regulator last week imposed IDR 11.05 billion in fines on one firm and three individuals for alleged market manipulation between 2016 and 2022. In top trading partner China, trading will resume on Tuesday after the Lunar New Year break. However, a sharp drop in U.S. futures capped momentum, following Wall Street’s consumer-led gains Friday. All sectors in IDX contributed to the rally, led by basic materials, financials, and cyclicals. Early movers included MD Entertainment (3.7%), Unilever Indonesia (3.6%), Kalbe Farma (2.4%), and Chandra Asri (2.2%).
2026-02-23