IDX Extends Gains Post-Eid Break

2026-03-25 02:41 By Farida Husna 1 min. read

Indonesia’s IDX Composite rose 55 points, or 0.8%, to 7,159 in early Wednesday trade, marking gains for a second session as markets reopened after a week-long Eid holiday.

Sentiment was lifted by a surge in U.S.

futures on reports that Washington had sent Iran a 15-point ceasefire plan, seeking a month-long pause in hostilities.

Locally, Finance Minister Purbaya Yudhi reaffirmed that Indonesia will not exceed its 3% budget deficit cap.

Meanwhile, authorities are considering measures to curb energy use, such as work-from-home policies and hybrid schooling.

However, gains were capped by concerns that Jakarta may raise fuel prices after the festive season to offset rising global oil costs.

Meanwhile, key domestic data will be due next week, including March inflation and February trade figures.

Most sectors advanced, led by energy, industrials, and cyclicals.

Early movers included Amman Mineral Intl.

(6.7%), Astra Intl.

(5.6%), Barito Renewables Energy (3.5%), and Telkom Indonesia (4.3%).



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