Indonesian Equities Head for Third Weekly Losses

2026-03-13 02:43 By Farida Husna 1 min. read

Indonesian shares dipped 42 points, or 0.6%, to 7,323 in Friday trade, marking a third straight drop amid broad-based weakness led by industrials, transport, and infrastructure.

Overnight losses on Wall Street weighed on sentiment, as fading hopes of a resolution to the U.S.–Israel war with Iran kept oil prices elevated, stoking inflation concerns.

Meanwhile, Washington launched new probes into unfair trade practices tied to excess industrial capacity and forced labor, raising the risk of fresh tariffs on partners including China, the EU, India, and Japan.

Still, losses were partly cushioned by strong domestic seasonal activity ahead of the Eid holiday period.

Meantime, the government projected Q1 2026 growth could reach 6%, supported by strong household consumption.

Notable laggards included Merdeka Copper Gold (-3.3%), Indofood (-3.0%), Bank Mandiri (-1.8%), and Sarana Menara Nusantara (-1.7%).

For the week, the market is set for a third consecutive decline, down about 3.7% so far.



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Indonesian Equities Head for Third Weekly Losses
Indonesian shares dipped 42 points, or 0.6%, to 7,323 in Friday trade, marking a third straight drop amid broad-based weakness led by industrials, transport, and infrastructure. Overnight losses on Wall Street weighed on sentiment, as fading hopes of a resolution to the U.S.–Israel war with Iran kept oil prices elevated, stoking inflation concerns. Meanwhile, Washington launched new probes into unfair trade practices tied to excess industrial capacity and forced labor, raising the risk of fresh tariffs on partners including China, the EU, India, and Japan. Still, losses were partly cushioned by strong domestic seasonal activity ahead of the Eid holiday period. Meantime, the government projected Q1 2026 growth could reach 6%, supported by strong household consumption. Notable laggards included Merdeka Copper Gold (-3.3%), Indofood (-3.0%), Bank Mandiri (-1.8%), and Sarana Menara Nusantara (-1.7%). For the week, the market is set for a third consecutive decline, down about 3.7% so far.
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